
Jun 17, 2020 12:39 pm UTC| Technicals
GBPJPYhas resumed its bearish business today, even though bulls attempt to make an upside traction yesterday. The pair plunged from the recent peaks of 136.354 to the current 134.442 levels, prior to which it has formed a...

FxWirePro: USD/TRY near 4-week peak, outlook remains bullish
Jun 17, 2020 11:55 am UTC| Technicals
The Turkish Lira plunged, drifting towards a 4-week trough recorded earlier in the week as the greenback surged against a basket of currencies. The dollar index gained as a record increase in U.S. retail sales in May...

FxWirePro: Norwegian Krone gains ahead of Norges Bank policy decision
Jun 17, 2020 10:58 am UTC| Technicals
The Norwegian Krone nudged up as investors awaited Norway central bank interest rate decision due tomorrow. The Norges Bank cut its benchmark interest rate by 25 bps to a record low of 0 percent on May 7th 2020, its...

FxWirePro: EURUSD trades lower amid fear of Coronavirus, good to sell on rallies
Jun 17, 2020 10:04 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 1.12725 Kijun-Sen- 1.12907 EURUSD continues to trade lower after a minor recovery till 1.12939. The outbreak of the second wave of coronavirus in the U.S...

FxWirePro: EUR/JPY set to resume weakness, break below 21-EMA to plummet prices
Jun 17, 2020 10:02 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY slips lower for the second straight session, upside in the pair capped below Tenkan Sen. The major was trading 0.14% lower on the day at 120.69 at around 09:30 GMT, bias strongly...

FxWirePro: USD/DKK hovers towards 1-week peak, major resistance at 21-EMA
Jun 17, 2020 09:56 am UTC| Technicals
The Danish Krone eased, extending previous session losses as the dollar steadied across the board. The greenback surged after data showed U.S. retail sales rose by a record 17.7 percent in May, recovering more than...

FxWirePro: USDCHF Daily Outlook
Jun 17, 2020 09:34 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.94932 Kijun-Sen- 0.94648 USDCHF is trading flat between 0.95530 and 0.94635 for the past 3 trading days. Markets eye SNB monetary policy meeting tomorrow...