FxWirePro: GBP/AUD extends gains, faces resistance at 50% fibonacci
Jul 29, 2020 18:32 pm UTC| Technicals
GBP/AUD strengthened on Wednesday as investors were undaunted by lack of Brexit talks progress. Sterling has diversified its gains of late despite concern about stalled EU-UK trade negotiations. Bullish outlook is...
FxWirePro: Daily Commodity Tracker - 29th July, 2020
Jul 29, 2020 14:16 pm UTC| Technicals
Daily Commodity...
FxWirePro: USD/SEK hovers away from 2-year low, struggles to break above 5-DMA
Jul 29, 2020 12:40 pm UTC| Technicals
The Swedish Krona declined, drfting away from a 2-year high hit in the prior session. The dollar index trimmed some losses as investors awaited Fed meeting outcome and Fridays deadline for U.S. Congress to extend...
FxWirePro: AUD/NZD extends gains bounce off 21-EMA, on track to test trendline resistance at 1.08
Jul 29, 2020 11:29 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD is extending previous sessions spike and bounce off 21-EMA, scope for further upside. The pair was trading 0.40% higher on the day at 1.0781 at around 11:25 GMT, is on track to...
FxWirePro: Norwegian Krone advance to 6-month peak as crude oil surge
Jul 29, 2020 10:59 am UTC| Technicals
The Norwegian Krone rallied, hovering towards a 6-month peak recrded in the prior session as oil prices surged on U.S. inventory drop Crude oil prices rose, reversing most of its prior session losses, after data...
FxWirePro: EUR/JPY Daily Outlook
Jul 29, 2020 10:26 am UTC| Technicals
EUR/JPY chart - Trading View Technical Analysis: Slightly bearish GMMA Indicator - Major trend is bullish - Minor trend shows slight weakness Ichimoku Analysis - Price action is above cloud on the daily...
FxWirePro: USD/DKK hovers towards near 2-year low, likely to break below 6.3000
Jul 29, 2020 09:55 am UTC| Technicals
The Danish Krone rose, hovering towards a near 2 year peak hit earlier in the week as the greenback slumped across the board. The dollar index declined as investors cautious waited to hear from the U.S. Federal...
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