
FxWirePro: USDCAD recovers sharply on declining crude oil price, good to buy on dips
Apr 21, 2020 08:57 am UTC| Technicals
USDCAD has recovered sharply more than 150 pips from an intraday low of 1.40315. The massive sell-off in WTI crude oil prices yesterday and fallen below $0 level first time in history. Ahead of expiry on Tuesday, NYMEX...

FxWirePro: USD/DKK finds support at 21-EMA, bulls eye 6.900 level
Apr 21, 2020 08:37 am UTC| Technicals
The Danish Krone eased, extending previous session losses, as the greenback surged against a basket of currencies. USD/DKK is trading 0.4percent up at 6.8912, having hit high of 6.8998 on Friday, its highest since...

FxWirePro: Sell GBPJPY on rallies
Apr 21, 2020 08:27 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 133.62 Kijun-Sen- 133.87 GBPJPY trading weak for the past 10 days and lost more than 250 pips from high of 135.78. The decline was mainly due to strength in...

FxWirePro: USD/ZAR trades in narrow range, stay long only above 19.00 mark
Apr 21, 2020 07:29 am UTC| Technicals
USD/ZAR is currently trading around 18.88 levels. It made intraday high at 18.89 and low at 18.77 levels. Intraday bias remains neutral till the time pair holds key resistance at 19.00 mark. A daily close...

FxWirePro: AUD/USD Daily Outlook
Apr 21, 2020 07:15 am UTC| Technicals Research & Analysis
AUD/USD chart - Trading View AUD/USD fails at 55-EMA resistance, extends weakness for the 2nd straight session. The pair is set to extend weakness as bulls unable to break stiff resistance at 55-EMA and daily...

Apr 21, 2020 07:14 am UTC| Technicals Insights & Views
GBPJPYhas shown interim rallies in the minor trend amid major downtrend. Currently, the bulls are exhausted at the stiff resistance zone of 134 - 135 levels as per ourearlier post, where we had explicitly stated that the...

Apr 21, 2020 06:38 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1694 Kijun-Sen- $1599 Gold is trading flat after hitting a low of $1671 yesterday. The slight strength in the US dollar and a minor surge in the global...