FxWirePro:EUR/AUD rises to 1 -1/2 month high, good to buy on dips
Jul 31, 2020 17:29 pm UTC| Technicals
EUR/AUD strengthened on Friday as investors looked past a severe economic contraction in the euro zone. Euro zone economy recorded its deepest contraction on record in the second quarter while the blocs inflation...
FxWirePro: Major pair levels and Bias summary
Jul 31, 2020 15:51 pm UTC| Technicals
Major pair levels and Bias...
FxWirePro: USDCAD Daily Outlook
Jul 31, 2020 15:44 pm UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.33969 Kijun-Sen- 1.33951 USDCAD is trading flat despite better than expected Canadian GDP. It came at 4.5% for May compared to a forecast of 3.5%. The US...
FxWirePro: USD/NOK hovers towards 6-month trough, struggles to break below 9.0000
Jul 31, 2020 12:17 pm UTC| Technicals
The Norwegian Krone surged, hovering towards a 6-month peak hit iin the prior session as the greenback eased against a basket of currencies. The dollar index declined to an over 2-year low after U.S. President Donald...
FxWirePro: EURUSD forms a bearish engulfing pattern, good to sell on rallies
Jul 31, 2020 11:24 am UTC| Technicals
Candlestick pattern- Bearish engulfing Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.1820 Kijun-Sen- 1.17954 EURUSD halted its bullishness after hitting 2- year high at 1.098900 level. The increase...
FxWirePro: USD/DKK slumps to over 2-year low, dip till 6.2365 likely
Jul 31, 2020 10:56 am UTC| Technicals
The Danish Krone rallied to a over 2-year peak as the greenback slumped across the board. The dollar index declined as investors fretted that a rebound in the U.S. economy would be derailed by the struggle to stem the...
FxWirePro: FTSE100 trades weak, dip till 5895 likely
Jul 31, 2020 08:13 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 5983 Kijun-Sen- 6047 FTSE100 continues to trade weak and broken psychological support 6000 on coronavirus. The second wave of coronavirus spread in U.S and...
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