FxWirePro: Sell USDCHF on rallies
Jun 29, 2020 10:11 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 0.95880 Kijun-Sen- 0.95420 USDCHF continues to trade lower after a minor jump till 0.95270 the previous week. Short term trend is weak as long as resistance...
FxWirePro: Danish Krone extends gains as business confidence improves
Jun 29, 2020 09:56 am UTC| Technicals
The Danish Krone rose, extending previous session gains, following the release of better than expected business confidence figures. Denmarks manufacturing confidence indicator increased to -16 in June from -26 in the...
FxWirePro: FTSE100 trades well below 21- day MA, dip till 5900 likely
Jun 29, 2020 09:13 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 6193 Kijun-Sen- 6203 FTSE100 is trading lower for 2nd consecutive days following footsteps of US markets. The increase in the number of new cases in the U.S is...
FxWirePro: AUD/USD Interim Bulls Exhausted In Consolidation Phase – Trade & Hedging Setup
Jun 29, 2020 07:28 am UTC| Technicals
AUDUSD spiked from the lows of 0.5506 to the recent highs of 0.7064 levels, but now showed the failure swings, currently trading at 0.6885 levels which is well below 21-DMAs. Upswings above 7, 21 100-DMA with bullish...
FxWirePro: EUR/CAD breaks out of 'Descending Triangle' pattern, bias bullish
Jun 29, 2020 06:32 am UTC| Technicals
EUR/CAD chart - Trading View EUR/CAD was trading 0.16% higher on the day at 1.5380 at around 06:25 GMT, outlook bullish. The pair has shown a break out of Descending Triangle pattern and technical analysis supports...
FxWirePro: Gold downside capped by 10- day MA, good to buy on dips
Jun 29, 2020 06:20 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1746 Kijun-Sen- $1725 Gold has recovered sharply after hitting a low of $1747. The demand for Safe-haven assets is supporting the yellow metal at lower...
FxWirePro: NZD/USD holds 21-EMA support, weakness only on break below
Jun 29, 2020 04:21 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD extending range trade for the 3rd straight session, intraday bias neutral. The major was trading 0.14% higher on the day at 0.6428 at around 04:00 GMT. Positive Covid-19 vaccine...
Canadians are feeling increasingly powerless amid economic struggles and rising inequality
Another election, another round of Nigel Farage hype, with no lessons learned