FxWirePro: FTSE100 Short-term outlook
Jun 03, 2020 14:39 pm UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 5820 Kijun-Sen- 6263 FTSE100 is trading higher for 3rd consecutive week and recovered more than 450 pips on a positive global stock market. The opening up...
FxWirePro: USDJPY consolidates above 200-DMA, upbeat ADP employment data fails to impress
Jun 03, 2020 12:38 pm UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading largely muted at 108.60 at around 12:25 GMT, upbeat ADP employment data has little impact. Data released earlier today showed employment in the US private sector...
FxWirePro: Swedish Krona hits 1 year peak on upbeat service PMI
Jun 03, 2020 11:28 am UTC| Technicals
The Swedish Krona advanced to a 1-year peak on the back of upbeat service PMI and broad-based U.S. dollar weakness. Swedens Services PMI increased to a seasonally adjusted 40.9 in May from 39.0 in the previous...
FxWirePro: CHFJPY hits 3-month high on increased risk appetite, jump till 114 likely
Jun 03, 2020 10:32 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 110.97 Kijun-Sen- 111.52 CHFJPY continues to trade higher for the 4th consecutive week and jumped more than 350 pips on weak yen. The risk appetite has...
FxWirePro: USD/NOK breaks below 200-DMA, outlook remains bearish
Jun 03, 2020 10:27 am UTC| Technicals
The Norwegian Krone surged to a near 3-month peak following the release of better-than-expected current account figures. Norways current account surplus rose to NOK 66.08 billion in the first quarter of 2020 from NOK...
FxWirePro: EURUSD trades above 1.1200 levels, good to buy on dips
Jun 03, 2020 09:40 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 1.10333 Kijun-Sen- 1.09814 EURUSD is trading well above 1.1200, the highest level since Mar 17th, 2020. The reopening of economies after lockdown and hopes...
FxWirePro: USD/DKK slumps to its lowest since March 12, dip till 6.6302 likely
Jun 03, 2020 08:59 am UTC| Technicals
The Danish Krone advanced to a near 3-month peak as the greenback plunged across the board. The dollar index continues to decline as U.S. demonstrators, angered over the recent death of an African-American man, George...
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