ZAR/JPY Up 4 Pips in Last 4 Hours
Compared to its peers in the forex, zar/jpy gave its buyers a return that ranked 19th in terms of percentage change since the previous day.
Forex News
Forex Market Summary
(Last Updated March, 27, 2020)Below are facts based on the latest technical news in the forex market to help you find trading opportunities:
Strongest 2 Week Trend in the Forex Market: USDHKD
Forex Pairs Close to Their 20 Day Moving Average: CADCHF, USDNOK and EURUSD
Unusually Large Price Move in Past Day: EURTRY (996 pips), NZDCAD (18 pips), NZDCHF (-7 pips), NZDJPY (-16 pips), GBPCHF (-36 pips), GBPJPY (-54 pips)
See the stories below to drill down into specific currency pairs. Each story features a recap of price movement, a summary of the technicals going on in that given currency pair, and when appropriate, a link to an analysis from a trader on TradingView. For more market-related news, be sure to visit other forex market news sites like Forex Factory and Forex Live.
TRY/JPY Up 4 Pips in Last 4 Hours, Moves Down For the 2nd Day In A Row; in a Downtrend Over Past 90 Days
It may be worth observing that try/jpy was the worst performer of the 40 members in the forex asset class over the past day.
USD/CNH Down 48 Pips in Last 4 Hours
Relative to other instruments in the forex asset class, usd/cnh ranked 39th yesterday in terms of percentage price change.
USD/TRY Down 255 Pips in Last 4 Hours; in an Uptrend Over Past 30 Days
This imputes a buy/sell ratio of 0, which is quite bearish.
EUR/AUD Down 42 Pips Over Past 4 Hours, in an Uptrend Over Past 90 Days; Pin Bar Pattern Appearing on Chart
The clearest trend exists on the 30 day timeframe, which shows price moving up over that time.
USD/JPY Down 30 Pips On 4 Hour Chart, Moves Down For the 3rd Day In A Row; Sentiment Strongly Favors Sellers
As for the alignment of the moving averages, well, it’s a bit mixed up; the 20, 50, 100, and 200 do not progress from largest to smallest, or vice versa.
USD/NOK Down 46 Pips On 4 Hour Chart, Moves Down For the 6th Day In A Row; Pin Bar Pattern Appearing on Chart
And for candlestick traders, a special treat: there is a pin bar pattern showing up on the charts as well.
EUR/GBP Up 14 Pips On 4 Hour Chart, 3 Day Down Streak Ended; in an Uptrend Over Past 30 Days
As for the rationale, technical traders seem to be citing the appearance of a triangle technical pattern.
USD/CHF Up 12 Pips Over Past 4 Hours, Moves Down For the 5th Day In A Row; is Inching Close to 20 Day Average
Out of the 40 instruments in the forex asset class, usd/chf ended up ranking 30th for the day in terms of price change.
EUR/JPY Down 44 Pips Over Past 4 Hours, Came Into Today Down For the 2nd Day In A Row; Pin Bar Pattern Appearing on Chart
The closest is the 100 day average, which is 28.6 pips away.