
FxWirePro: USDCAD Daily Outlook
Jul 30, 2020 16:31 pm UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.33816 Kijun-Sen- 1.33878 USDCAD recovered more than 100 pips from a low of 1.33317 on weak crude oil prices. The pair was one of the worst performers in...

FxWirePro: USD/SEK hits 2-year trough, struggles to break below 8.7000
Jul 30, 2020 12:28 pm UTC| Technicals
The Swedish Krona retreated from a 2-year peak as the dollar rallied across the board. The dollar index rebounded as the Fed Chair Jerome Powell didnt shift his position to a more dovish one and called for more fiscal...

FxWirePro: Norwegian Krone retreats from 6-month peak as crude oil slumps on demand concerns
Jul 30, 2020 10:58 am UTC| Technicals
The Norwegian Krone eased, drifting away from a 6-month peak hit earlier iin the session, weighed down by a fall in oil prices, while the greenback rebounded against a basket of currencies. Crude oil prices declined...

FxWirePro: USD/DKK rebounds from near 2-year low, finds support at 6.300
Jul 30, 2020 09:54 am UTC| Technicals
The Danish Krone eased, hovering away from a near 2 year peak hit in the prior session as the greenback rallied across the board. The dollar index attempted a minor recovery after the Federal Reserve pledge to keep...

US oil: 161.8% fib and trend line breakout
Jul 30, 2020 09:23 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $41 Kijun-Sen- $41.18 WTI crude oil is trading weak for 2nd consecutive day and lost more than 0.80 cents. The commodity has halted its ten days of bullishness on...

FxWirePro: Buy GBPJPY above 136.60
Jul 30, 2020 07:45 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 136.36 Kijun-Sen- 136.08 GBPJPY is consolidating in a narrow range between 136.62 and 134.99 for the past one week. The jump in pound sterling offset by...

FxWirePro: Gold Vs US bond yield
Jul 30, 2020 06:52 am UTC| Technicals Investing
Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1788 Kijun-Sen- $1678 Gold continuously trading on the higher side for the past four months and jumped more than $500 on safe-haven demand. The dovish Fed has dragged...