FxWirePro: GBPJPY Daily Outlook
Aug 31, 2020 11:15 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 139.93 Kijun-Sen- 138.30 GBPJPY is trading higher for 2nd consecutive days and jumped more than 100 pips on the strong Pound sterling. GBP was one the best...
FxWirePro: USD/SEK set for fifth straight monthly decline, struggles to break below 8.6000
Aug 31, 2020 10:59 am UTC| Technicals
The Swedish Krona nudged up, reteating from an over 2-year high hit in the prior session as the dollar index steadied near recent lows against a basket of currencies. The greenback held firm near 2-year lows and was...
FxWirePro: USD/NOK plunges to 1-year low, outlook remains bearish
Aug 31, 2020 10:31 am UTC| Technicals
The Norwegian Krone advanced to an over 1-year peak as crude oil prices rose on stimulus support. Crude oil prices surged as global stimulus measures underpinned prices even as demand struggles to return to pre-COVID...
FxWirePro: USD/DKK near 2-week trough, dip till 6.2204 likely
Aug 31, 2020 09:52 am UTC| Technicals
The Danish Krone surged to a near 2-week peak following the release of better-than-expected economic data. Denmarks unemployment rate declined to 5.2 percent in July from a downwardly revised 5.4 percent in the...
Aug 31, 2020 06:26 am UTC| Technicals
Gold rebounded close to 2% during weekend, a day after a steep sell-off, as the U.S. dollar weakened and the U.S. Federal Reserve signaled a prolonged low interest rate strategy. Spot gold price has surged 1.85% to...
FxWirePro: EUR/CHF erases early gains, focus on Switzerland Retail Sales data
Aug 31, 2020 06:24 am UTC| Technicals
EUR/CHF chart - Trading View EUR/CHF has slipped lower from session highs at 1.0773 and was trading largely muted at 1.0755 at round 06:05 GMT. Caution likely ahead of Switzerland Retail Sales data due at 06:30 GMT....
FxWirePro: Gold Weekly outlook
Aug 31, 2020 04:55 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1916 Kijun-Sen- $1763.90 Gold recovered the previous week after a dovish speech by Fed chairman Powell and an increasing number of coronavirus cases across...
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