FxWirePro: Norwegian Krone near 3-month peak as crude oil prices rally
Jun 01, 2020 11:58 am UTC| Technicals
The Norwegian Krone advanced to a near 3-month peak as the greenback plunged against a basket of currencies. The dollar index slumped as optimism over economies opening up again boosted risk appetite, amid worries...
FxWirePro: CHFJPY Daily Outlook
Jun 01, 2020 11:41 am UTC| Technicals
Ichimoku Analysis (8 Hour chart) Tenken-Sen- 111.74 Kijun-Sen- 111.48 CHFJPY has shown a sharp recovery of more than 100 pips on broad-based Swiss franc buying. USDCHF hits 1- month low and any...
FxWirePro: USD/TRY hovers towards 2-week peak, major resistance at 21-EMA
Jun 01, 2020 10:58 am UTC| Technicals
The Turkish Lira nudged down, hovering towards a near 2-week low hit last week despite the release of better-than-expected manufacturing PMI. The Istanbul Chamber of Industry Turkey Manufacturing PMI rose to 40.9 in...
FxWirePro: USDCHF trades below trend line support, dip till 0.9535
Jun 01, 2020 10:54 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.96690 Kijun-Sen- 0.96957 USDCHF continues to trade lower and holding below trend line support on broad-based US dollar selling. The weak US economic data...
FxWirePro: USD/DKK hits 2-1/2 month low, outlook remains bearish
Jun 01, 2020 09:58 am UTC| Technicals
The Danish Krone surged to a new 2-1/2 month peak as the greenback slumped to a multi-week trough. The dollar index plunged as protesters flooded the streets in the United States over the death of George Floyd in...
Jun 01, 2020 09:43 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading unchanged at around 119.61 at 09:35 GMT, Doji formation seen on the daily chart till now. The pair is consolidating breakout at 200-DMA and channel top seen last week,...
FxWirePro: AUD/USD Chartpack – Technicals, Trade & Hedging Setup
Jun 01, 2020 06:57 am UTC| Technicals
AUDUSDhas continued the last weeks rallies, it has potential to break above 0.6762 levels, supported by improving global sentiment. Upswings above 7,21 100-DMA with bullish crossovers, minor uptrend likely intensify...
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