FxWirePro: USD/DKK slumps to 1-week low, faces resistance at 7-EMA
Nov 17, 2020 08:54 am UTC| Technicals
The Danish Krone rallied to a 1-week peak as the U.S. dollar slumped against a basket of currencies. The dollar index plunged to a 1-week low amid uncertainty about Bidens plans to tackle the coronavirus and stimulate...
FxWirePro: USD/JPY upside capped at 20-DMA, positive news on Moderna's COVID-19 vaccine trial weighs
Nov 17, 2020 06:05 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading largely muted at around 104.49 at 05:20 GMT, with session high at 104.60 and low at 104.42. The pair slipped lower in opening trade as positive news on Modernas...
Nov 17, 2020 05:34 am UTC| Technicals
Ichimoku analysis (Hourly chart) Tenken-Sen- $1888 Kijun-Sen- $1881.60 Gold continues to trade in a narrow range between $1849 to $1900 for the past four trading days. The COVID-19 vaccine optimism by...
FxWirePro: WTI consolidates previous session's gains, API inventories in focus
Nov 17, 2020 05:14 am UTC| Technicals
USOIL chart - Trading View USOIL was trading 0.37% higher on the day at 41.59 at around 05:00 GMT, focus on API inventories data. Oil prices were extending marginal gains on the day as US-Iran war fears fade. Both...
FxWirePro: AUD/USD holds above 0.73 handle, resumes upside after brief pause in the previous week
Nov 17, 2020 04:10 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was consolidating previous sessions up moves as the pair trades range bound above the 0.73 mark. Aussie little changed after the RBA minutes. Technical analysis shows the pair is...
FxWirePro: USDCHF Daily Outlook
Nov 16, 2020 08:51 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 0.91178 Kijun-Sen- 0.91338 USDCHF has formed a temporary top around 0.9200 and shown a minor dip. The demand for riskier assets increased due to the...
FxWirePro: GBPJPY Daily Outlook
Nov 16, 2020 08:49 am UTC| Technicals
Ichimoku Analysis (Hourly chart) Tenken-Sen- 138.085 Kijun-Sen- 138.056 GBPJPY is trading slightly weak on a strong yen. Markets eye Brexit trade talks updates for further direction. The recent EUToday poll...