
FxWirePro: USD/SEK retreats from 1-week peak, fails to break above 8.800
Aug 12, 2020 12:38 pm UTC| Technicals
The Swedish Krona retreated from an over 1-week low following the release of upbeat economic data. Swedens consumer price inflation rate declined to 0.5 percent in July from a 4-month high of 0.7 percent in June but...

Aug 12, 2020 11:56 am UTC| Technicals
The Norwegian Krone rose, extending previous session gains as oil prices surged, while the greenback weakened against a basket of currencies. Crude oil prices surged, reversing some of its previous session losses...

FxWirePro: USD/DKK halts 3-day wining streak, dip till 6.300 likely
Aug 12, 2020 10:52 am UTC| Technicals
The Danish Krone retreated from an over 1-week trough hit earlier in the session as the greenback declined across the board. The dollar index eased after a top U.S. Senate official said negotiations in Congress on an...

FxWirePro: AUD/CAD extends weakness below 21-EMA, outlook bearish
Aug 12, 2020 09:52 am UTC| Technicals
AUD/CAD chart - Trading View AUD/CAD was trading 0.11% lower on the day at 0.9488 at around 09:30 GMT. The pair has slipped below major supports at 21-EMA (0.9526) and 4H 200 MA (0.9499). Stochs and RSI are biased...

FxWirePro: FTSE100 Daily Outlook
Aug 12, 2020 09:34 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 6120 Kijun-Sen- 6096 FTSE100 is trading higher despite weak UK GDP data. The economy for the second quarter has dropped to minus 20.4% slightly above...

FxWirePro: CHFJPY trades higher, jump till 117.90 likely
Aug 12, 2020 09:32 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 115.67 Kijun-Sen- 114.77 CHFJPY continues to trade higher and after hitting a low of 115.46. The pairs recovery mainly due to weak yen on COVID-19 vaccine...

FxWirePro: USDCHF Daily Outlook
Aug 12, 2020 08:03 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91516 Kijun-Sen- 0.91317 USDCHF has shown a minor sell-off after hitting a high of 0.91978. The COVID-19 vaccine optimism has decreased demand for...