FxWirePro: USD/SEK drifts towards 1-month trough, struggles to break above 21-EMA
Jul 10, 2020 12:10 pm UTC| Technicals
The Swedish Krona nudged up, hovering towards a 1-month peak recorded in the previous session as the greenback eased across the board. The greenback against a basket of currencies traded 0.05 percent lower at 96.72,...
FxWirePro: USD/NOK retreats from 4-week trough, faces resistance at 21-DMA
Jul 10, 2020 11:36 am UTC| Technicals
The Norwegian Krone declined to a 1-week low, as the crude oil prices slumped on demand fears. However, upbeat economic data helped the Norwegian currency to erase early losses. Crude oil prices slumped to an...
FxWirePro: Danish Krone hovers towards 4-week peak as consumer prices surge in June
Jul 10, 2020 10:45 am UTC| Technicals
The Danish Krone nudged higher, hovering towards a 4-week peak hit in the prior session following the release of upbeat inflation figures. Denmarks consumer prices increased 0.3 percent year-on-year in June, after a...
FxWirePro: Sell GBPJPY on rallies
Jul 10, 2020 09:31 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 134.74 Kijun-Sen- 134.10 GBPJPY has halted its 1- week of bullishness and lost more than 150 pips on strong yen. The number of new cases surged past 60000...
FxWirePro: EUR/CHF breaks below daily cloud, further weakness on charts
Jul 10, 2020 06:03 am UTC| Technicals
EUR/CHF chart - Trading View EUR/CHF was trading marginally higher at 1.0616 at around 06:00 GMT. The pair has broken below daily cloud and other technical indicators support further weakness. Major trend in the...
FxWirePro: AUD/NZD breaks 110-EMA support, outlook bearish
Jul 10, 2020 05:53 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading 0.17% lower on the day at 1.0579 at around 05:45 GMT, extending previous sessions losses. The pair has broken strong support at 110-EMA raising scope for further...
Jul 10, 2020 05:35 am UTC| Technicals
FxWirePro: Gold Daily Outlook Ichimoku Analysis (Daily Chart) Tenken-Sen- $1772 Kijun-Sen- $1733 Gold has soared sharply and hits multi-year high amid a slumping dollar. US dollar gained slightly after slightly...
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