FxWirePro: USD/DKK hits 2-year trough, faces support at 6.2004
Sep 01, 2020 09:56 am UTC| Technicals
The Danish Krone surged to an over 2-year peak as the dollar weakened against a basket of currencues. Investors seem to have ignored Denmarks soft economic data, which showed manufacturing PMI decreased to 52.30...
FxWirePro: GBPJPY Daily Outlook
Sep 01, 2020 09:08 am UTC| Technicals
Ichimoku Analysis (4 hour chart) Tenken-Sen- 141.24 Kijun-Sen- 140.83 GBPJPY continues to trade higher and broken significant resistance 141.61 levels. The jump was mainly due to strong pound sterling....
FxWirePro: USD/NOK slumps to an over 1-year trough, likely to break below 8.6500
Sep 01, 2020 08:52 am UTC| Technicals
The Norwegian Krone rallied to a fresh over 1-year peak following the release of upbeat economic data and a rebound in the crude oil prices. Norways manufacturing PMI increased to 46.10 points in August from 42.80...
Sep 01, 2020 07:28 am UTC| Technicals
Ichimoku Analysis (4- Hour Chart) Tenken-Sen- $1916 Kijun-Sen- $1763.90 Gold jumped more than $30 from a low of $1954 yesterday on a weak US dollar. The Dollar index declined more than 50 pips for the...
FxWirePro: NZD/USD pauses at 61.8% Fib (0.6760), focus on GDT price action for impetus
Sep 01, 2020 06:24 am UTC| Technicals
NZD/USD chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator - Major and minor trend is strongly bullish on the daily charts - On the weekly charts, minor trend is bullish, major trend is...
Sep 01, 2020 05:58 am UTC| Technicals
AUDs rally does not yet look stretched, although short-term potential looks to be imminent for 0.7500 levels. Technically, the prevailing upswings jump above 7, 21 100-DMA levels with the stern bullish candle, while...
FxWirePro: USD/JPY struggles to extend previous session's gains, 21-EMA offers stiff resistance
Sep 01, 2020 04:44 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading 0.21% lower on the day at 105.68 at around 04:30 GMT, after closing 0.53% higher in the previous session. The major is struggling to extend previous sessions gains,...
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