
FxWirePro: FTSE100 trades weak, dip till 5850 possible
Aug 25, 2020 16:47 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 6062 Kijun-Sen- 6062 FTSE100 declined more than 150 points from an intraday high of 6177. The slight strength in weakness in Pound sterling against USD on...

FxWirePro: EURUSD Daily Outlook
Aug 25, 2020 12:09 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.18169 Kijun-Sen- 1.18535 EURUSD is trading higher and jumped more than 40 pips on upbeat German IFO. The German IFO rose to 92.6 in Aug compared to...

FxWirePro: CADJPY downside capped by 200- day MA, jump till 81.90 possible
Aug 25, 2020 11:53 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 80.43 Kijun-Sen- 79.30 CADJPY once again trading higher from minor bottom 79.89 due to weak yen. The optimism of the COVID -19 vaccine and easing the US and...

FxWirePro: AUD/JPY finds stiff resistance at 76.50, breakout to propel prices higher
Aug 25, 2020 10:55 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY spiked over 0.75% on the day and was trading slightly lower at 76.45 at around 10:50 GMT. The pair trades with a bullish bias. Price action is above cloud and major moving...

FxWirePro: USD/TRY hovers towards record peaks, likely to break above 7.4000
Aug 25, 2020 10:29 am UTC| Technicals
The Turkish Lira plunged, crawling towards all-time low recorded last week despite upbeat economic data. Turkeys manufacturing confidence index increased to a 6-month high of 106.2 in August, while capacity...

FxWirePro: USD/SEK halts 4-day rally, minor support at 7-EMA
Aug 25, 2020 09:56 am UTC| Technicals
The Swedish Krona rallied, drifting further away from a near 1-month low hit last week as the dollar index declined across the board. The dollar retreated from recent peaks as demand for riskier currencies improved...

FxWirePro: Norwegian Krone extends gains as crude oil surges on storm-driven output cuts
Aug 25, 2020 08:58 am UTC| Technicals
The Norwegian Krone surged, extending previous session gains following better-than-expected growth figures, while oil rose on storm-driven output cuts. The Norwegian economy shrank 5.1 percent on quarter in April to...
How the US–India tariff truce boosts major Indian industries, Surat to Pharma