FxWirePro: Norwegian Krone hovers towards 1-1/2 week low as oil slumps on Saudi price cuts
Sep 07, 2020 09:59 am UTC| Technicals
The Norwegian Krone declined, hoveing towards a 1-1/2 week trough hit in the prior session, weighed down by a plunge in oil prices. Crude oil prices declined, hitting their lowest since July, after Saudi Arabia made...
FxWirePro: USDCHF Daily Outlook
Sep 07, 2020 09:16 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91243 Kijun-Sen- 0.90811 USDCHF has halted its five days of bullishness despite strong US jobs data. The US economy has added 1371K jobs in Aug compared...
FxWirePro: GBPJPY faces strong support at 140 level, good to sell on rallies
Sep 07, 2020 09:09 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 140.615 Kijun-Sen- 140.77 GBPJPY continues to trade lower on the weak Pound sterling. GBP lost more than 300 pips against USD on no-deal Brexit concern. The...
FxWirePro: USD/DKK off 1-week peak, consolidates below 21-EMA
Sep 07, 2020 08:59 am UTC| Technicals
The Danish Krone rose after tumbling to an over 1-week low in the prior session as the dollar index eased against a basket of currencies. However, the Danish currency failed to extend gains, weighed down by...
Sep 07, 2020 06:57 am UTC| Technicals
USDCAD shows minor gains for the day, the pair has edged up about 0.31% while articulating. Although bulls take-off rallies above 7-DMAs upon hammer formation at 1.3063 levels, the pair continues to lack significant...
FxWirePro: Gold Weekly Outlook
Sep 07, 2020 05:14 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Kijun-Sen- $1922 Tenken-Sen-$1763 The gold is trading slightly weak for the past one week after forming a minor top around $2015. The US dollar recovered after upbeat...
FxWirePro: AUD/USD rangebound, fails to benefit from upbeat China trade data
Sep 07, 2020 04:02 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading in a narrow range in the Asian session. The pair has started the weeks trade on a sluggish note. Aussie remains unimpressed on upbeat China trade numbers released...
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