
FxWirePro: FTSE100 faces strong resistance at 200- day MA, good to sell on rallies
Aug 24, 2020 10:11 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 6032 Kijun-Sen- 6076 FTSE100 recovered more than 150 points from a low of 5949 on positive global cues. The weakness in Pound sterling due to Brexit pessimism and...

FxWirePro: NZD/JPY holds 200-DMA support, weakness only on break below
Aug 24, 2020 10:03 am UTC| Technicals
NZD/JPY chart - Trading View NZD/JPY was trading 0.04% higher on the day at 69.19 at around 09:50 GMT. The pair is extending bounce off 200-DMA support and weakness only on break below. Near-term bias has turned...

FxWirePro: Norwegian Krone retreats from 2-week trough as crude oil rally
Aug 24, 2020 09:57 am UTC| Technicals
The Norwegian Krone surged after tumbling to a 2-week low in the prior session, as oil prices surged as storms closed in on the Gulf of Mexico. Crude oil prices rallied as storms bore down on the Gulf of Mexico,...

Aug 24, 2020 09:27 am UTC| Technicals
Ichimoku Analysis (4 Hour) Tenken-Sen- $42.19 Kijun-Sen- $42.22 WTI crude oil has recovered sharply more than $2 from low of $41.44 on Gulf storms. The hurricane Marco and Laura are expected to hit the Gulf of...

FxWirePro: USD/DKK retreats from 1-week peak, finds strong resistance at 21-EMA
Aug 24, 2020 08:59 am UTC| Technicals
The Danish Krone rose, rebounding from an over 1-week low hit in the prior session, as the greenback eased against a basket of currencies. The dollar index nudged lower, as the quantitative easing that the Federal...

FxWirePro: GBPJPY downside capped by 21- day MA, good to sell on rallies
Aug 24, 2020 08:19 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 138.57 Kijun-Sen- 139.09 GBPJPY recovered sharply after hitting a low of 138.25 yesterday. The slight decline in the Pound Sterling due to Brexit...

FxWirePro: USD/JPY comatose below 20-DMA, focus on Jackson Hole symposium
Aug 24, 2020 07:04 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY trades directionless around 20-DMA, outlook remains bearish. Key focus this week will be the Fed Chair Jerome Powells speech during the Jackson Hole symposium (scheduled to open...