
FxWirePro: Swedish Krona hits 1 year peak on upbeat service PMI
Jun 03, 2020 11:28 am UTC| Technicals
The Swedish Krona advanced to a 1-year peak on the back of upbeat service PMI and broad-based U.S. dollar weakness. Swedens Services PMI increased to a seasonally adjusted 40.9 in May from 39.0 in the previous...

FxWirePro: CHFJPY hits 3-month high on increased risk appetite, jump till 114 likely
Jun 03, 2020 10:32 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- 110.97 Kijun-Sen- 111.52 CHFJPY continues to trade higher for the 4th consecutive week and jumped more than 350 pips on weak yen. The risk appetite has...

FxWirePro: USD/NOK breaks below 200-DMA, outlook remains bearish
Jun 03, 2020 10:27 am UTC| Technicals
The Norwegian Krone surged to a near 3-month peak following the release of better-than-expected current account figures. Norways current account surplus rose to NOK 66.08 billion in the first quarter of 2020 from NOK...

FxWirePro: EURUSD trades above 1.1200 levels, good to buy on dips
Jun 03, 2020 09:40 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 1.10333 Kijun-Sen- 1.09814 EURUSD is trading well above 1.1200, the highest level since Mar 17th, 2020. The reopening of economies after lockdown and hopes...

FxWirePro: USD/DKK slumps to its lowest since March 12, dip till 6.6302 likely
Jun 03, 2020 08:59 am UTC| Technicals
The Danish Krone advanced to a near 3-month peak as the greenback plunged across the board. The dollar index continues to decline as U.S. demonstrators, angered over the recent death of an African-American man, George...

Jun 03, 2020 08:12 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 133.59 Kijun-Sen- 132.90 GBPJPY continues to trade higher for 4th consecutive days and shown a massive surge of more than 500 pips on weak yen. The pair has...

FxWirePro: AUD/JPY bulls take a breather at 110W EMA, bullish bias intact for now
Jun 03, 2020 07:44 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY is extending upside for the 5th straight session and has gained a massive 4.86% for the week. Price action is extending break above 200-DMA and has taken out 88.6% Fib at...