
FxWirePro: USD/DKK hits 2-week low, break below 6.3000 likely
Oct 06, 2020 09:54 am UTC| Technicals
The Danish Krone consoldiated near a 2-week peak as the greenback declined against a basket of currencies. The dollar index steadied after tumbling to a 2-week trough earlier amid rising optimism that U.S. lawmakers...

FxWirePro: Sell USDCHF on rallies
Oct 06, 2020 09:48 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 0.91474 Kijun-Sen- 0.94007 USDCHF continues to trade weak for 2nd consecutive week and lost more than 150 pips on broad-base US dollar selling. The...

FxWirePro: EUR/GBP Minor Downtrend, Major Range-Bounded Trend, Trading & Hedging Setup
Oct 06, 2020 09:08 am UTC| Technicals
EURGBP bears in the minor trend, snap interim rallies nudge prices below DMAs, thereby, minor uptrend seems to be exhausted (refer daily chart). Furthermore, any breakdown below strong support of 0.9045 levels to...

FxWirePro: NZD/USD Daily Outlook
Oct 06, 2020 08:35 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.11% lower on the day at 0.6634 at around 08:10 GMT. The major is extending sideways for the 3rd straight session and technical bias is neutral. Major and minor trend...

Oct 06, 2020 05:44 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading largely rangebound on the day with session high at 124.69 and low at 124.49. The pair was consolidating previous sessions gains, after closing a massive 0.95% higher...

FxWirePro: Gold holds above $1900 on weak US dollar, good to buy on dips
Oct 06, 2020 05:23 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Kijun-Sen- $1961.95 Tenken-Sen-$1842 Gold is holding above $1900 despite returning of Donald Trump to the White House from Coronavirus. The global stock market surged...

Oct 06, 2020 04:52 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD has pared some of its early gains and was trading at 0.7191 at around 04:30 GMT. The major was seen struggling to extend gains above 0.72 handle, Aussie bulls largely unimpressed...