FxWirePro: USD/SEK hits 1-week peak, struggles to break above 8.7000
Nov 13, 2020 10:00 am UTC| Technicals
The Swedish Krona declined, extending losses for the third straight session as investors continued to digest soft economic data released yesterday. Swedens annual inflation rate edged down to 0.3 percent in October,...
FxWirePro: Norwegian Krone hits 1-week low as oil falls on rising COVID-19 infection cases
Nov 13, 2020 09:40 am UTC| Technicals
The Norwegian Krone slumped to a 1-week low as crude oil prices declined on COVID-19 surge. Crude oil prices declined, weighed down by fears about a slow recovery in the global economy and fuel demand due to an...
FxWirePro: USD/DKK extends losses, faces strong resistance at 21-EMA
Nov 13, 2020 08:48 am UTC| Technicals
The Danish Krone rose, extending previous session gains, following upbeat economic data. The Danish economy grew by 4.9 percent on quarter in the three months to September, the most since the series began in 1991,...
FxWirePro: GBPJPY Daily Outlook
Nov 13, 2020 06:45 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 138.51 Kijun-Sen- 138.02 GBPJPY is trading lower on the weak Pound sterling. The increase in COVID -19 cases in the UK and the US is putting pressure on GBP at...
Nov 13, 2020 06:09 am UTC| Technicals
Ichimoku analysis (Daily chart) Tenken-Sen- $1908.90 Kijun-Sen- $1908 Gold continues to trade in a narrow range after a major decline of more than $100. The COVID -19 vaccine optimism is putting pressure...
Nov 13, 2020 05:35 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading largely rangebound on the day at 0.7228 at around 05:25 GMT. The pair is consolidating previous sessions weakness and finds strong support at daily cloud. The...
Nov 13, 2020 05:08 am UTC| Technicals
USOIL chart - Trading View Oil prices fell in early trade on Friday, extending weakness for the 3rd straight session. A spike in the number of COVID-19 infections across the globe raised fears for the economic...