
FxWirePro: USDCHF trades below 0.9370, targets 0.9290
Jul 09, 2020 09:29 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.94292 Kijun-Sen- 0.94274 USDCHF continues to trade lower for the past 1- week and lost more than 150 pips on safe-haven demand. The pair has broken...

FxWirePro: EUR/JPY upside gathers steam, pair set to extend gains above 122 handle
Jul 09, 2020 08:24 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY upside gathering steam. Periphery-German bond yields slide which bodes well for EUR upside. The spread between the 10-year Greek and German government bond yields fell to 1.53 on...

FxWirePro: GBPJPY holds well above 135, jump till 136.35 likely
Jul 09, 2020 08:05 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 134.69 Kijun-Sen- 134.55 GBPJPY is trading higher for past 1- week and jumped more than 350 pips on the strong Pound sterling. GBP gained sharply against...

FxWirePro: USD/JPY bearish pressure builds after rejection at 4H 200 SMA
Jul 09, 2020 06:24 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY is trading in a narrow range amid the cautious market mood with session highs at 107.36 and lows at 107.18. Mixed market sentiment and a broadly subdued US dollar amid growing...

FxWirePro: Gold hits multi-year high as risk appetite eases, good to buy on dips
Jul 09, 2020 05:20 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1782 Kijun-Sen- $1744 Gold breaks significant psychological resistance $1800 and hits multi-year high at $1818 on safe-haven demand. The decline in the US...

Jul 09, 2020 05:16 am UTC| Technicals
CADJPYsinterim bulls, in the minor trend, appear to be exhausted at stiff resistance levels of 79.700 , the failure swings are driving the short-term trend in sideways from the last couple of days, any dip below 78.947...

FxWirePro: AUD/USD subdued following bigger-than-expected drop in China PPI data
Jul 09, 2020 04:17 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading largely muted as the antipodeans remain under pressure after the release of downbeat China PPI data. Continued deflation in China factory-gate prices does not bode...