
FxWirePro: USD/NOK slumps below 9.3000, good to sell on rallies
Feb 11, 2020 11:19 am UTC| Technicals
The Norwegian Krone extended previous session rebound from all-time lows, following the release of better-than-expected consumer confidence. Norways consumer confidence decreased to 14.5 points in the first quarter of...

FxWirePro: EUR/CHF trades at lows unseen since Apr 2017, scope for a deeper retracement
Feb 11, 2020 10:54 am UTC| Technicals
EUR/CHF chart - Trading View Technical Analysis: Bias Bearish Support: 1.0624 (Feb 22, 2017 low); Resistance: 1.0695 (200H MA) EUR/CHF edges higher from fresh multi-year lows. bias strongly bearish. The pair...

FxWirePro: EUR/SEK treads water as investors remain cautious ahead of Riksbank's policy outcome
Feb 11, 2020 10:28 am UTC| Technicals
The Swedish Krona consolidated within narrow ranges as investors eye Riksbanks rate decision due tomorrow. Swedens central bank is expected to keep its benchmark interest rate at zero and unlikely to alter its stance...

FxWirePro: EUR/GBP capped at 10-DMA, investors eye BoE Carney's speech
Feb 11, 2020 09:54 am UTC| Technicals
The euro declined against the British pound as most UK economic indicators suggested momentum has picked up since the election. However, concerns over Britains trade talks with the European Union limited the upside...

FxWirePro: EUR/USD holds minor trendline support at 1.0907, break below to plummet prices further
Feb 11, 2020 09:34 am UTC| Technicals
EUR/USD chart - Trading View Technical Analysis: Bias Bearish Support: 1.0879 (Oct 1st low); Resistance: 1.0949 (5-DMA) EUR/USD was trading largely rangebound on the day, with session highs at 1.0917 and lows at...

FxWirePro: Euro trades marginally lower against major peers ahead of ECB President Lagarde’s speech
Feb 11, 2020 08:40 am UTC| Technicals
EUR/INR is currently trading around 77.74 mark. It made intraday high at 78.02 and low at 77.67 mark. Intraday bias remains bearish for the moment. A daily close above 77.79 will drag the parity up towards...

FxWirePro: Silver trades flat ahead of Fed Chair Powell’s testimony
Feb 11, 2020 08:16 am UTC| Technicals
XAG/USD is currently trading around $17.72 marks. It made intraday high at $17.81 and low at $17.71 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.82 mark. A daily close...