FxWirePro: AUD/JPY consolidates around 55-EMA amid cautious optimism
Nov 06, 2020 10:48 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY was trading 0.25% lower on the day at 75.13 at around 10:26 GMT. The pair is consolidating around 55-EMA, scope for further upside as markets turn cautiously...
FxWirePro: USD/SEK hits 1-month low, dip till 8.6060 likely
Nov 06, 2020 10:04 am UTC| Technicals
The Swedish Krona consolidated within ranges after rising to a 1-month high earlier in the session on board-based dollar weakness. The dollar fell to multi-week lows as investors expect Democrat Joe Biden to beat...
Nov 06, 2020 09:49 am UTC| Technicals
Ichimoku analysis (60 min chart) Tenken-Sen- 114.55 Kijun-Sen- 114.52 CHFJPY is trading in a narrow range for the past three days. Any significant move can be seen only above 115. The surging Swiss...
FxWirePro: Norwegian Krone off 1-week peak as crude oil declines on COVID-19, U.S. election concerns
Nov 06, 2020 09:35 am UTC| Technicals
The Norwegian Krone eased, retreating from a 1-week peak following downbeat economic data. Norways industrial production increased 6.3 percent year-on-year in September, the least since June, slowing from an 8.3...
FxWirePro: GBPJPY Daily Outlook
Nov 06, 2020 08:54 am UTC| Technicals
Ichimoku Analysis (hourly chart) Tenken-Sen- 135.96 Kijun-Sen- 135.69 GBPJPY is trading slightly higher on surging Pound sterling. But strength in the yen is capping further gains. The increasing chance of...
FxWirePro: Danish Krone hovers towards 1-week peak on upbeat industrial production
Nov 06, 2020 08:25 am UTC| Technicals
The Danish Krone nudged higher, hovering towards a 1-week peak hit in the prior session following the release of upbeat economic data. Denmarks industrial production dropped 1.4 percent year-on-year in September,...
FxWirePro: AUD/USD probes 200W MA, heading towards 0.7413 (2020 high)
Nov 06, 2020 07:59 am UTC| Technicals
AUD/USD chart - Trading View Technical Analysis: Bias Bullish - AUD/USD consolidates break above daily cloud - Price action tests 200W MA, decisive close above will buoy prices - MACD shows bullish crossover on...