
FxWirePro: Norwegian Krone retreats from 1-week low as crude oil rallies
Jun 22, 2020 12:49 pm UTC| Technicals
The Norwegian Krone rebounded from a 1-week low as the oil prices surged and the dollar declined across the board. Crude oil priced surged, supported by tighter supplies from major producers although concerns over a...

FxWirePro: USD/DKK eases from 3-week peak, struggles to break above 6.6800
Jun 22, 2020 11:58 am UTC| Technicals
The Danish Krone surged, halting a 4-day losing streak following the release of better-than-expected consumer confidence figures. The Danish consumer confidence index increased to -3.1 in June, due to an improvement...

FxWirePro: EUR/JPY pivotal at 200-DMA support, further weakness only on break below
Jun 22, 2020 09:50 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY was trading 0.38% higher at 119.89 at around 09:40 GMT. The pair has retraced brief dip below 200-DMA which is major support at 119.54. Price action has tested 50% Fib...

FxWirePro: Buy CADJPY above 79
Jun 22, 2020 09:27 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 79.57 Kijun-Sen- 78.85 CADJPY recovered slightly after hitting a low of 78.37. The intraday trend is slightly bullish as long as support 78 holds. The...

FxWirePro: GBPJPY trades below trend line, dip till 130.65 likely
Jun 22, 2020 09:15 am UTC| Technicals
Ichimoku Analysis (4-Hours chart) Tenken-Sen- 132.50 Kijun-Sen- 134.05 GBPJPY has shown a minor recovery after a minor dip to 131.75. The pound sterling was trading weak against USD amid strong retail...

FxWirePro: NZD/USD pauses 2 weeks of decline, bounces off 21-EMA support
Jun 22, 2020 06:59 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.36% higher on the day at 0.6428, at around 06:40 GMT. Kiwi is tracking upside in the Australian counterpart following the Peoples Bank of Chinas (PBOC) status quo...

FxWirePro: Gold Weekly Outlook
Jun 22, 2020 06:24 am UTC| Technicals
Ichimoku Analysis (Weekly Chart) Tenken-Sen- $1713 Kijun-Sen- $1608 Gold showed a massive recovery of more than $50 from the previous weeks low of $1704. The increase in the number of new coronavirus...