Jul 09, 2020 05:16 am UTC| Technicals
CADJPYsinterim bulls, in the minor trend, appear to be exhausted at stiff resistance levels of 79.700 , the failure swings are driving the short-term trend in sideways from the last couple of days, any dip below 78.947...
FxWirePro: AUD/USD subdued following bigger-than-expected drop in China PPI data
Jul 09, 2020 04:17 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading largely muted as the antipodeans remain under pressure after the release of downbeat China PPI data. Continued deflation in China factory-gate prices does not bode...
FxWirePro : EUR/AUD bulls begin to probe key resistance zone,bears keep the advantage
Jul 08, 2020 18:22 pm UTC| Technicals
EUR/AUD gained on Wednesday, but surge in COVID infections put the brakes on a recent recovery. Pair climbs above 1.6282 and holds near the days high late in US session. EUR/AUD outlook remains bleak, despite...
FxWirePro: Major pair levels and bias summary
Jul 08, 2020 16:34 pm UTC| Technicals
Major pair levels and bias...
FxWirePro: GBP/AUD grinds higher as GBP benefits from EU-UK compromise hopes
Jul 08, 2020 16:34 pm UTC| Technicals
GBP/AUD extended its yesterdays bounce as optimism that British and EU trade negotiators could find common ground on Bexit talks lifted the pair. The pair tests 23.6% fib at 1.8133, retreats towards 1.8053 after failing...
FxWirePro: Sell DXY on rallies
Jul 08, 2020 16:22 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 96.82 Kijun-Sen- 96.92 US Dollar index continues to trade weak for 2nd consecutive days and lost more than 60 pips from yesterdays high 97.15. But the index...
FxWirePro : GBP/NZD rallies above 1.9150,eyes further gains
Jul 08, 2020 15:38 pm UTC| Technicals
GBP/NZD rose higher on Wednesday as gains was driven by hopes of a breakthrough at high-level Brexit talks. GBP/NZD climbed above 1.9100 and holds near the days high in US session. Technical signals are mixed as...
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