FxWirePro: CADJPY downside capped by 200- day MA, jump till 81.90 possible
Aug 25, 2020 11:53 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 80.43 Kijun-Sen- 79.30 CADJPY once again trading higher from minor bottom 79.89 due to weak yen. The optimism of the COVID -19 vaccine and easing the US and...
FxWirePro: AUD/JPY finds stiff resistance at 76.50, breakout to propel prices higher
Aug 25, 2020 10:55 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY spiked over 0.75% on the day and was trading slightly lower at 76.45 at around 10:50 GMT. The pair trades with a bullish bias. Price action is above cloud and major moving...
FxWirePro: USD/TRY hovers towards record peaks, likely to break above 7.4000
Aug 25, 2020 10:29 am UTC| Technicals
The Turkish Lira plunged, crawling towards all-time low recorded last week despite upbeat economic data. Turkeys manufacturing confidence index increased to a 6-month high of 106.2 in August, while capacity...
FxWirePro: USD/SEK halts 4-day rally, minor support at 7-EMA
Aug 25, 2020 09:56 am UTC| Technicals
The Swedish Krona rallied, drifting further away from a near 1-month low hit last week as the dollar index declined across the board. The dollar retreated from recent peaks as demand for riskier currencies improved...
FxWirePro: Norwegian Krone extends gains as crude oil surges on storm-driven output cuts
Aug 25, 2020 08:58 am UTC| Technicals
The Norwegian Krone surged, extending previous session gains following better-than-expected growth figures, while oil rose on storm-driven output cuts. The Norwegian economy shrank 5.1 percent on quarter in April to...
FxWirePro: USD/DKK halts 2-day losing streak, struggles to break above 21-EMA
Aug 25, 2020 07:46 am UTC| Technicals
The Danish Krone gained, retreating from an over 1-week low hit earlier in the week as the greenback declined against a basket of currencies. The dollar index nudged lower following reports that top U.S and Chinese...
FxWirePro: AUD/NZD ignores 'Shooting Star', tests weekly high at 1.10 on upside resumption
Aug 25, 2020 06:20 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading 0.24% higher on the day at 1.0997 at around 06:10 GMT after closing 0.23% higher in the previous session. The pair has ignored a Shooting Star formation on the weekly...
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