
FxWirePro: Norwegian Krone slumps to 1-week low as oil prices ease on oversupply concerns
Oct 28, 2020 10:58 am UTC| Technicals
The Norwegian Krone slumped by nearly 2 percent to a 1-week low as crude oil prices plunged on oversupply fears. Crude oil prices declined to an over 3-week peak as a jump in U.S. crude inventories and surging...

FxWirePro: EUR/CHF rejected at 55-EMA, dip till 200-DMA at 1.0674 likely
Oct 28, 2020 10:49 am UTC| Technicals
EUR/CHF chart - Trading View Technical Analysis: Bias Bearish - Recovery attempts capped at 55-EMA resistance - Inverted Hammer formation on Tuesdays candle adds to the bearish bias - Stochs and RSI are biased...

Oct 28, 2020 10:05 am UTC| Technicals
Ichimoku analysis (Daily chart) Tenken-Sen- 136.52 Kijun-Sen- 135.44 GBPJPY is one of the worst performers for the day and lost more than 100 pips from an intraday high of 136.28. The decline was...

FxWirePro: USDCHF Daily Outlook
Oct 28, 2020 10:04 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 0.90953 Kijun-Sen- 0.90836 USDCHF continues to trade higher and jumped more than 70 pips from a low of 0.90365. The jump was mainly due to broad-based US...

FxWirePro: USD/DKK at 1-1/2 week peak, struggles to break above 55-EMA
Oct 28, 2020 09:56 am UTC| Technicals
The Danish Krone slumped to a 1-1/2 week low as the greenback surged against a basket of currencies. The greenback rose to 1-week peak after U.S. President Donald Trump acknowledged that a coronavirus economic relief...

FxWirePro: AUD/USD fades upbeat Australian Q3 CPI data led gains, retraces below 55-EMA
Oct 28, 2020 09:42 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.23% lower on the day at 0.7111 at around 09:30 GMT, slips lower from session highs at 0.7157. Risk-aversion amid fresh lockdowns likely to be imposed in France and...

FxWirePro: EUR/JPY breaks below 110-EMA, eyes minor support at 38.2% Fib at 122.23
Oct 28, 2020 09:09 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.39% lower on the day at 122.66 at around 09:00 GMT, extending previous sessions losses. The pair is spiraling lower for a 3rd straight session, technical indicators...
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