Technical index

USD Overview (14 May 2020)

Yesterday, USD strengthened against most major currencies except JPY. During a speech yesterday, Federal Reserve Chairman Powell said that the central bank is not considering negative interest rates despite speculations that they will go further into the negative territory.   USD/JPY Outlook (14 May 2020) Overall, USD/JPY is ranging across. Recently USD/JPY moved lower, breaking below the key level of 107. USD/JPY‘s next support level is at 106.200 and the next resistance level is at 107.800. Look for selling opportunities of USD/JPY.   EUR/USD Outlook (14 May 2020) Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the key level of 1.09, moving lower towards the support level of 1.07800. EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700. Look for selling opportunities of EUR/USD. GBP/USD Outlook (14 May 2020) Overall, GBP/USD is ranging across. Recently, GBP/USD trended lower into the support level of 1.22400. The UK GDP data released yesterday indicated a negative growth in the UK economy due to the negative impact caused by the COVID-19 pandemic and the measures taken to reduce transmission of the virus. The decline in quarterly GDP is the biggest fall since Quarter 4 2009. -Preliminary GDP q/q (Actual: -2.0%, Forecast: -2.6%, Previous: 0.0%) -GDP m/m (Actual: -5.8%, Forecast -7.9%, Previous: -0.1%) Bank of England Governor Bailey will be speaking in a webinar later at 1830 (SGT). Currently, GBP/USD is testing the support level of 1.22400 and the next resistance level is at 1.24400. Look for selling opportunities of GBP/USD if it breaks the support level of 1.22400.

2020-05-14 14:19 India

5

3

IndexUSD Overview (14 May 2020)

Yesterday, USD strengthened against most major currencies except JPY. During a speech yesterday, Federal Reserve Chairman Powell said that the central bank is not considering negative interest rates despite speculations that they will go further into the negative territory.   USD/JPY Outlook (14 May 2020) Overall, USD/JPY is ranging across. Recently USD/JPY moved lower, breaking below the key level of 107. USD/JPY‘s next support level is at 106.200 and the next resistance level is at 107.800. Look for selling opportunities of USD/JPY.   EUR/USD Outlook (14 May 2020) Overall, EUR/USD is ranging across. Recently, EUR/USD bounced off the key level of 1.09, moving lower towards the support level of 1.07800. EUR/USD’s next support level is at 1.07800 and the next resistance level is at 1.09700. Look for selling opportunities of EUR/USD. GBP/USD Outlook (14 May 2020) Overall, GBP/USD is ranging across. Recently, GBP/USD trended lower into the support level of 1.22400. The UK GDP data released yesterday indicated a negative growth in the UK economy due to the negative impact caused by the COVID-19 pandemic and the measures taken to reduce transmission of the virus. The decline in quarterly GDP is the biggest fall since Quarter 4 2009. -Preliminary GDP q/q (Actual: -2.0%, Forecast: -2.6%, Previous: 0.0%) -GDP m/m (Actual: -5.8%, Forecast -7.9%, Previous: -0.1%) Bank of England Governor Bailey will be speaking in a webinar later at 1830 (SGT). Currently, GBP/USD is testing the support level of 1.22400 and the next resistance level is at 1.24400. Look for selling opportunities of GBP/USD if it breaks the support level of 1.22400.

FX3886574399

2020-05-14 14:19

Join in
Forum category

Platform

Exhibition

Agent

Recruitment

EA

Industry

Market

Index

Hot content

Industry

Event-A comment a day,Keep rewards worthy up to$27

Industry

Nigeria Event Giveaway-Win₦5000 Mobilephone Credit

Industry

Nigeria Event Giveaway-Win ₦2500 MobilePhoneCredit

Industry

South Africa Event-Come&Win 240ZAR Phone Credit

Industry

Nigeria Event-Discuss Forex&Win2500NGN PhoneCredit

Industry

[Nigeria Event]Discuss&win 2500 Naira Phone Credit

Release
Select Country/District
  • Hong Kong

    hk.wikifx.com

  • Taiwan

    tw.wikifx.com

  • United States

    us.wikifx.com

  • South Korea

    kr.wikifx.com

  • United Kingdom

    uk.wikifx.com

  • Japan

    jp.wikifx.com

  • Indonesia

    id.wikifx.com

  • Vietnam

    vn.wikifx.com

  • Australia

    au.wikifx.com

  • Singapore

    sg.wikifx.com

  • Thailand

    th.wikifx.com

  • Cyprus

    cy.wikifx.com

  • Germany

    de.wikifx.com

  • Russia

    ru.wikifx.com

  • Philippines

    ph.wikifx.com

  • New Zealand

    nz.wikifx.com

  • Ukraine

    ua.wikifx.com

  • India

    in.wikifx.com

  • France

    fr.wikifx.com

  • Spain

    es.wikifx.com

  • Portugal

    pt.wikifx.com

  • Malaysia

    my.wikifx.com

  • Nigeria

    ng.wikifx.com

  • Cambodia

    kh.wikifx.com

  • Italy

    it.wikifx.com

  • South Africa

    za.wikifx.com

  • Turkey

    tr.wikifx.com

  • Netherlands

    nl.wikifx.com

  • United Arab Emirates

    ae.wikifx.com

  • Colombia

    co.wikifx.com

  • Argentina

    ar.wikifx.com

  • Belarus

    by.wikifx.com

  • Ecuador

    ec.wikifx.com

  • Egypt

    eg.wikifx.com

  • Kazakhstan

    kz.wikifx.com

  • Morocco

    ma.wikifx.com

  • Mexico

    mx.wikifx.com

  • Peru

    pe.wikifx.com

  • Pakistan

    pk.wikifx.com

  • Tunisia

    tn.wikifx.com

  • Venezuela

    ve.wikifx.com

Hong Kong
※ The content of this website abides with local laws and regulations.
You are visiting the WikiFX website. WikiFX Internet and its mobile products are an enterprise information searching tool for global users. When using WikiFX products, users should consciously abide by the relevant laws and regulations of the country and region where they are located.
consumer hotline:006531290538
Official Email:support@wikifx.com;
Mobile Phone Number:234 706 777 7762;61 449895363
Telegram:+60 103342306
Whatsapp:+852-6613 1970;+44-7517747077
License or other information error corrections, please send the information to:qawikifx@gmail.com
Cooperation:3313198376@qq.com