
Jun 30, 2020 12:02 pm UTC| Technicals
EURJPYformed gravestone doji at 123.703 levels, ever since then, the pair shows failure swings upon this bearish doji pattern, and bears have been constantly plummeting prices below DMAs despite the volatile trading...

FxWirePro: USD/NOK hits 2-week peak, faces strong resistance at 55-EMA
Jun 30, 2020 11:47 am UTC| Technicals
The Norwegian Krone plunged to a 2-week low as the greenback rallied against a basket of currencies and crude oil prices slumped on demand worries. Crude oil prices declined as optimism for a recovery in fuel demand...

FxWirePro: USD/DKK rises on Denmark's downbeat economic data, likely to break above 6.6605
Jun 30, 2020 10:31 am UTC| Technicals
The Danish Krone declined, halting a 2-day rally, following the release of downbeat economic data. The Danish economy contracted by 2.0 percent on quarter in the three months to March, compared to an upwardly revised...

FxWirePro: EUR/GBP cloud breakout reinforces upside bias, 0.92 mark in sight
Jun 30, 2020 10:15 am UTC| Technicals
EUR/GBP chart - Trading View Technical Analysis: Bias Bullish GMMA Indicator - Both major and minor trend are strongly bullish - Scope for further upside Ichimoku Analysis - Price action has broken above...

FxWirePro: USDCAD Daily outlook
Jun 30, 2020 09:56 am UTC| Technicals
Tenken-Sen- 1.36761 Kijun-Sen- 1.36217 USDCAD is consolidating in a narrow range between 1.37155 and 1.36473 for the past three days. The intraday trend is still bullish as long as 1.3600 holds. The Fitch has...

FxWirePro: Sell FTSE100 on rallies
Jun 30, 2020 09:04 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 6193 Kijun-Sen- 6203 FTSE100 is trading lower after a minor jump to 6262 levels. The weak UK GDP data came yesterday has dragged UK index further down....

FxWirePro: GBPJPY trades flat, weakness only below 131.75
Jun 30, 2020 08:54 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 132.35 Kijun-Sen- 132.31 GBPJPY is trading in a narrow range between 134 and 131.95 for the past 1- week on the weak Pound sterling.GBPUSD trades weak after...