FxWirePro: EUR/GBP retraces above 200-DMA, pound depressed following disappointing UK macro data
Nov 12, 2020 09:54 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP spiked higher on the day, extending its retrace from multi-month lows at 0.8861 hit on Wednesdays trade. The pair has retraced dip below 200-DMA and was trading at 0.8958, up...
FxWirePro: USD/DKK eased from near 1-week peak, struggles to break above 55-EMA
Nov 12, 2020 09:34 am UTC| Technicals
The Danish Krone nudged higher, hovering away from a near 1-week low hit in the previous session as the U.S. dollar eased against a basket of currencies. The dollar declined as investors await speeches from Federal...
FxWirePro: NZD/USD pauses bull run, minor weakness likely on account of overbought oscillators
Nov 12, 2020 07:46 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD retraces below the 0.69 level after hitting fresh cycle highs at 0.6914, bias remains bullish. The pair was trading 0.23% lower on the day at 0.6865 at around 07:00 GMT, after...
Nov 12, 2020 05:50 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was extending range trade for 5th straight session, bias turning bearish on the intraday charts. Australias Consumer Inflation Expectations for November beat forecasts to print at...
Nov 12, 2020 05:01 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was extending sideways grind for the 3rd consecutive session as rising coronavirus cases across the U.S. dent market sentiment. The major was trading 0.14% lower on the day at...
FxWirePro: EUR/AUD drops below 1.6200 level, heads deeper into bear territory
Nov 11, 2020 19:48 pm UTC| Technicals
EUR/AUD declined on Wednesday as weaker-than-expected November ZEW reports weighed on euro. German investor sentiment dropped more than expected in November as a second wave of coronavirus infections and a partial...
Fxwirepro: GBP/NZD attracts selling interest as Brexit realities regain spotlight
Nov 11, 2020 19:15 pm UTC| Technicals
GBP/NZD declined on Wednesday as less-than-optimistic Brexit comments from Irish Foreign Minister Simon Coveney weighed on pound. The comments pushed sterling to session lows by 1.9194. A close below will 1.9179 will...