
FxWirePro: USD/SEK erases early gains, faces strong resistance at 21-EMA
Jun 29, 2020 12:33 pm UTC| Technicals
The Swedish Krona edged up, hovering towards a 1-week peak hit last week as the greenback eased from recent highs The greenback against a basket of currencies traded 0.3 percent lower at 97.21, having touched a low of...

FxWirePro: USD/TRY struggles to break above 6.8600 amid rising coronavirus cases
Jun 29, 2020 11:56 am UTC| Technicals
The Turkish Lira consolidated within narrow ranges as investors turned cautious amid a surge in coronavirus cases and the re-imposition of curbs to stop its spread. New restrictions on movement have been imposed in...

FxWirePro: USD/NOK slumps from near 2-week peak, fails to sustain gains above 9.700
Jun 29, 2020 10:53 am UTC| Technicals
The Norwegian Krone surged as the greenback eased against a basket of currencies and crude oil prices erased early session losses. Crude oil prices nudged up as oil demand improved after countries across the globe...

FxWirePro: USD/JPY struggles at 21-EMA resistance, bias neutral
Jun 29, 2020 10:34 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY edges lower from session highs at 107.37, intraday bias remains neutral. The major was trading largely muted at 107.18 at around 10:20 GMT, upside remains capped at 21-EMA...

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...