
FxWirePro: USD/NOK plunges to 1-year low, outlook remains bearish
Aug 31, 2020 10:31 am UTC| Technicals
The Norwegian Krone advanced to an over 1-year peak as crude oil prices rose on stimulus support. Crude oil prices surged as global stimulus measures underpinned prices even as demand struggles to return to pre-COVID...

FxWirePro: USD/DKK near 2-week trough, dip till 6.2204 likely
Aug 31, 2020 09:52 am UTC| Technicals
The Danish Krone surged to a near 2-week peak following the release of better-than-expected economic data. Denmarks unemployment rate declined to 5.2 percent in July from a downwardly revised 5.4 percent in the...

Aug 31, 2020 06:26 am UTC| Technicals
Gold rebounded close to 2% during weekend, a day after a steep sell-off, as the U.S. dollar weakened and the U.S. Federal Reserve signaled a prolonged low interest rate strategy. Spot gold price has surged 1.85% to...

FxWirePro: EUR/CHF erases early gains, focus on Switzerland Retail Sales data
Aug 31, 2020 06:24 am UTC| Technicals
EUR/CHF chart - Trading View EUR/CHF has slipped lower from session highs at 1.0773 and was trading largely muted at 1.0755 at round 06:05 GMT. Caution likely ahead of Switzerland Retail Sales data due at 06:30 GMT....

FxWirePro: Gold Weekly outlook
Aug 31, 2020 04:55 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1916 Kijun-Sen- $1763.90 Gold recovered the previous week after a dovish speech by Fed chairman Powell and an increasing number of coronavirus cases across...

FxWirePro: AUD/USD set to extend bullish momentum, upbeat Chinese PMIs support
Aug 31, 2020 03:57 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD has reversed early losses and edged higher from session lows at 0.7346 to hit fresh multi-month highs at 0.7381. Upbeat Chinese PMIs which show a surprise expansion in the...