
Jun 08, 2020 09:38 am UTC| Technicals
USDJPYsbears are still hovering at 7-DMAs on overbought pressures, as the minor trend still remains bullish bias (refer daily plotting), while the major trend is cushioned by 100-EMAs. RSI signals faded strength, while...

FxWirePro: CADJPY trades well above 200-day MA, jump till 84.50 likely
Jun 08, 2020 08:48 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 79.34 Kijun-Sen- 78.43 CADJPY is trading higher for the preceding 10 trading days on a strong Canadian dollar. USDCAD is one of the worst performers in the earlier...

FxWirePro: FTSE100 upside capped by trend line resistance, good to sell on rallies
Jun 08, 2020 08:47 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 6257 Kijun-Sen- 6082 FTSE100 is trading flat after 5 days of rally and is currently trading around 6460. The index was one of the best performers the...

FxWirePro: GBPJPY Weekly Outlook
Jun 08, 2020 07:09 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 134.52 Kijun-Sen- 135.97 GBPJPY was trading higher for 3rd consecutive week and jumped more than 600 pips on weak yen. The increase of risk appetite in...

Jun 08, 2020 06:39 am UTC| Digital Currency Technicals
Bitcoin price chart has formed hanging man patterns at 9,750 and 9,783 levels (refer daily chart). Consequently,BTCUSD(at Coinbase) bears have been drifting sideways today, as bulls have halted below $10k areas and no...

FxWirePro: Gold Weekly Outlook
Jun 08, 2020 04:38 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1687 Kijun-Sen- $1608 Gold declined sharply previous on surge in the global market and strong US dollar. U.S stock market jumped sharply especially NASDAQ...

FxWirePro:EUR/NZD eyes bear trend resumption
Jun 05, 2020 17:54 pm UTC| Technicals
EUR/NZD declined on Friday as increased risk appetite put the New Zealand dollar in demand. Risk appetite has largely remained intact this week as the reopening of several global economies has supported economic...