FxWirePro: USD/SEK rebounds from 1-1/2 year trough, faces resistance at 5-DMA
Jul 23, 2020 12:59 pm UTC| Technicals
The Swedish Krona retreated from a 1-1/2 year peak hit in the prior session as the dollar rebounded from recent lows. The greenback against a basket of currencies traded 0.1 percent higher at 95.09, having touched a...
FxWirePro: Norwegian Krone slumps as oil decline on easing demand
Jul 23, 2020 11:54 am UTC| Technicals
The Norwegian Krone eased, extending retreat from a 5-month peak hit in the prior session as crude oil prices declined on concerns about rising U.S. oil inventories and a persistent surge in new coronavirus cases. On...
Jul 23, 2020 11:49 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP was trading 0.40% higher on the day at 0.9121 at around 11:45 GMT. The British pound dented amid Brexit impasse and worsening UK-China relations. The pair has shown a break...
FxWirePro: USD/DKK hovers towards near 2 year low, dip till 6.4000 likely
Jul 23, 2020 10:55 am UTC| Technicals
The Danish Krone surged, hovering towards a near 2 year peak hit in the prior session as the greenback declined against a basket of currencies. The dollar index plunged to an over 4-month low as investors took a wait...
FxWirePro: GBPJPY hits 1-1/2 month high, jump till 137.60 likely
Jul 23, 2020 10:15 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 134.62 Kijun-Sen- 134.95 GBPJPY has taken support near Tenken-Sen and shown more than 100 pips jump to 136.62. The jump was mainly due to strong Pound...
FxWirePro: AUD/JPY breaks major resistance, eyes 200W MA at 79.94
Jul 23, 2020 09:26 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY was trading 0.15% higher on the day at 76.59 at around 09:00 GMT, outlook remains bullish. The pair has hit highest since May 2019 at 76.87 in the previous session and technical...
FxWirePro: CADJPY trades above 80 level, jump till 81.93 possible
Jul 23, 2020 09:08 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 79.40 Kijun-Sen- 79.15 CADJPY recovered sharply from a low of 78.38 on Jul 10th, 2020. The intraday trend is bullish as long as support 79.28 holds. The...
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