
FxWirePro: EUR/SEK breaks above 21-DMA, jump till 10.9650 likely
Apr 21, 2020 11:56 am UTC| Technicals
The Swedish Krona declined, hovering further away from a 1-month peak recorded last week despite better-than-expected unemployment data. Swedens jobless rate fell to 7.1 percent in March from 7.7 percent in the same...

Apr 21, 2020 11:40 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY was trading 0.46% lower on the day at 116.34 at around 11:30 GMT. The pair hit fresh monthly lows at 116.22 before paring some losses, bias strongly bearish. JPY stays...

Apr 21, 2020 11:23 am UTC| Technicals Research & Analysis
EUR/GBP chart - Trading View EUR/GBP was trading 0.55% higher on the day at 0.8779 at around 11:00 GMT. Price action has shown a break above 200-DMA raising scope for further upside. The shared currency buoyed...

FxWirePro: USD/NOK hits 3-1/2 week peak, outlook remains bullish
Apr 21, 2020 10:55 am UTC| Technicals
The Norwegian Krone plunged to a 3-1/2 week low after a Reuters poll showed Nordic nations face some of their worst economic downturns on record this year as the coronavirus pandemic shuts down many...

FxWirePro: NZD/USD fails to hold above 21-EMA, further weakness on charts
Apr 21, 2020 10:45 am UTC| Technicals Research & Analysis
NZD/USD chart - Trading View Kiwi sell-off accelerates after Dovish RBNZ comments. NZD/USD was trading 1.19% lower on the day at 0.5962 at around 10:35 GMT. RBNZ Governor Adrian Orr stated that the central bank will...

FxWirePro: Turkish Lira declines to its weakest levels since August 2018 as virus lockdown extends
Apr 21, 2020 09:51 am UTC| Technicals
The Turkish Lira plunged to a fresh 1-1/2 year low after President Recep Tayyip Erdoğan announced the expansion of a weekend lockdown. The Turkish currency eased 0.5 percent, edging closer to a key psychological level...

FxWirePro: Silver moves in rigid boundaries, sustained close below $15.18 targets $14.87 mark
Apr 21, 2020 08:59 am UTC| Technicals
XAG/USD is currently trading around $15.18 marks. It made intraday high at $15.33 and low at $15.15 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.32 mark. A...