
FxWirePro: EUR/SEK retreats from near 1-week peak, likely to break below 7-EMA
Mar 31, 2020 12:34 pm UTC| Technicals
The Swedish Krona nudged up as the euro eased after data showed Eurozone inflation slowed to its weakest pace in five months driven by a collapse in global oil prices. Eurozones consumer prices rose 0.5 percent in...

FxWirePro: EURUSD breaks major support 1.09500, dip till 1.0800 likely
Mar 31, 2020 12:26 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.10614 Kijun-Sen- 1.09659 EURUSD continues to trade lower for 2nd consecutive days and lost more than 200 pips. The decline mainly due to the spread of...

Mar 31, 2020 12:25 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 99.04 Kijun-Sen- 100.08 DXY has shown massive recovery of more than 150 pips from a low of 98.27 as coronavirus spread increased demand for Safe-haven like...

FxWirePro: Daily Commodity Tracker - 31st March, 2020
Mar 31, 2020 12:09 pm UTC| Technicals Research & Analysis
Daily Commodity Tracker (12:00 GMT) WTI (US OIL): Major and minor trend - Strongly bearish Oscillators: Oversold (no sign of reversal) Bollinger Bands: Shrinking on Daily charts, Widening on Weekly and Monthly...

FxWirePro: EUR/JPY extends declines below 200-DMA, Eurozone Prelim CPI misses estimates
Mar 31, 2020 11:43 am UTC| Technicals Research & Analysis
EUR/JPY chart - Trading View EUR/JPY is extending declines below 200-DMA, bias is strongly bearish. The single currency under pressure after Eurozone Preliminary CPI misses estimates. According to data released by...

FxWirePro: Turkish Lira hits 1-week low on President Erdogan comments
Mar 31, 2020 11:24 am UTC| Technicals
The Turkish Lira slumped to a 1-week low after President Tayyip Erdogan said the economy must keep the wheels turning amid a worsening coronavirus outbreak. On Monday, Turkeys central bank lowered the maximum interest...

FxWirePro: USD/NOK halts 2-day winning streak, finds resistance at 10.6506
Mar 31, 2020 10:17 am UTC| Technicals
The Norwegian Krone rose, halting a 2-day losing streak as the central bank further raises its purchase of crowns. On Tuesday, Norways central bank stated that it will further increase its daily purchase of Norwegian...