
FxWirePro: USD/SEK retreats from multi-month lows as greenback trims losses
Jun 05, 2020 11:54 am UTC| Technicals
The Swedish Krona retreated after rising to an over 1-year peak as the greenback attempted a minor recovery against a basket of currencies. The dollar index steadied after tumbling to a near 3-month low earlier in the...

FxWirePro: Norwegian Krone near 3-month peak as oil rallies ahead of producer talks
Jun 05, 2020 10:19 am UTC| Technicals
The Norwegian Krone rose, extending gains for the nineth straight session as the U.S. dollar plunged to recent lows and crude oil prices surged. Crude oil prices rallied to multi-month peak as traders await cues from...

USDCAD: 200- day MA and bullish divergence
Jun 05, 2020 10:04 am UTC| Technicals
Ichimoku analysis (Daily chart) Tenken-Sen- 1.37370 Kijun-Sen- 1.3820 USDCAD was one of the worst performers and lost more than 700 pips in one month. The decline was mainly due to broad-based US...

FxWirePro: USD/DKK near 3-month low, outlook remains bearish
Jun 05, 2020 08:57 am UTC| Technicals
The Danish Krone rallied to a near 3-month peak as the greenback plunged across the board. The dollar index declined as investors awaited U.S. employment data due later in the day, which is expected to show nonfarm...

FxWirePro: AUD/USD hovers near yearly highs, close above 110W EMA to fuel further gains
Jun 05, 2020 08:54 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading 0.68% higher on the day at 0.6989 at around 08:45 GMT. The pair is on track to close over 4.75% higher for the week as price tests yearly highs. Momentum strongly...

FxWirePro: GBPJPY trades above 200-day MA, jump till 140 likely
Jun 05, 2020 07:53 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 134.34 Kijun-Sen- 133.54 GBPJPY continues to trade higher for past 1-week and jumped more than 500 pips on the strong Pound sterling. The pound sterling...

Jun 05, 2020 06:18 am UTC| Technicals
As stated in our previous post,USDCADbears are intensified upon breakdown below triangle support.Bearish engulfing patterns nudge prices below DMAs with bearish crossover, ithas been constantly dipping ever since the...