
FxWirePro: Buy USDCAD above 1.3600
Jun 24, 2020 16:22 pm UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.35412 Kijun-Sen- 1.35580 USDCAD recovered more than 50 pips on broad-based US dollar buying. The demand for the US dollar increased after the news that...

FxWirePro: USDCHF forms bullish Gartley pattern, good to buy on dips
Jun 24, 2020 16:21 pm UTC| Technicals
Harmonic pattern- Bullish Gartley pattern Potential reversal zone (PRZ)- 0.9370 Ichimoku Analysis (1-hour chart) Tenken-Sen- 0.94592 Kijun-Sen- 0.94528 USDCHF has formed Bullish Gartley pattern and...

FxWirePro :EUR/NZD attracts buying interest, 50 DMA eyed
Jun 24, 2020 16:01 pm UTC| Technicals
EUR/NZD rose higher on Wednesday after RBNZ struck a dovish tone by flagging it was ready to ease policy to restore an economy hit by the coronavirus pandemic. The Reserve Bank of New Zealand (RBNZ) held the official...

FxWirePro: Daily Commodity Tracker - 24th June, 2020
Jun 24, 2020 14:15 pm UTC| Technicals
Daily Commodity...

FxWirePro: USD/SEK rebounds from 1-week low, faces resistance at 21-EMA
Jun 24, 2020 12:09 pm UTC| Technicals
The Swedish Krona retreated from a 1-week peak as the greenback surged from recent lows. The greenback against a basket of currencies traded 0.2 percent higher at 96.86, having touched a low of 96.39 on Tuesday, its...

FxWirePo: USD/JPY Minor And Major Trend Analysis – Trading And Hedging Setup
Jun 24, 2020 11:44 am UTC| Technicals
USDJPY has been declining as Japanese Yen outperforms slightly amid the markets safe-haven sentiments owing to the prevailing contagion threats. Technically, one could observe the resumption of USDJPY bears upon the...

FxWirePro: Norwegian Krone halts 2-day rally as crude oil declines on oversupply fears
Jun 24, 2020 11:31 am UTC| Technicals
The Norwegian Krone declined, halting a 2-day winning streak as the oil prices declined on increasing U.S. crude stockpile. Crude oil prices slumped, extending losses from the previous day, after U.S. crude...