
FxWirePro: Norwegian Krone hits 1-week peak as Norges Bank keeps interest rate on hold
Jun 18, 2020 10:58 am UTC| Technicals
The Norwegian Krone rallied to a 1-week peak following Norway central banks interest rate decision. The Norges Bank held its benchmark interest rate at an all-time low of 0 percent, after delivering three cuts earlier...
FxWirePro: USD/DKK retreats from near 2-week peak, faces strong resistance at 21-EMA
Jun 18, 2020 09:59 am UTC| Technicals
The Danish Krone rose, halting a 2-day losing streak as the dollar consolidated within narrow ranges against a basket of currencies. The greenback steadied amid growing concerns about a rise in coronavirus cases. ...

FxWirePro: FTSE100 Daily Outlook
Jun 18, 2020 09:44 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- 6221 Kijun-Sen- 6159 FTSE100 showed a nice recovery of more than 200 points from a low of 5930. The short term trend is still bullish as long as support 5930...

FxWirePro: USDCHF Daily Outlook
Jun 18, 2020 09:40 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.95051 Kijun-Sen- 0.94963 USDCHF is trading in a narrow range between 0.95530 and 0.94635 for the past 3 trading days. The Swiss central bank has kept its...

FxWirePro: Sell GBPJPY on rallies
Jun 18, 2020 08:50 am UTC| Technicals
Ichimoku Analysis (4-Hours chart) Tenken-Sen- 134.44 Kijun-Sen- 134.92 GBPJPY continues to trade to lower for 3rd consecutive days on strong yen. The increase in the number of new coronavirus cases has...

FxWirePro: EUR/JPY finds strong support at 200-DMA, further weakness only on break below
Jun 18, 2020 08:14 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY has erased losses and edged higher from session lows at 119.82. The pair was trading largely unchanged on the day at 120.25 at around 08:00 GMT, bias bearish. Price action is...

FxWirePro: Cable’s Interim Bulls Exhausted On Shooting Star & Hanging Man – Trade & Hedging Setup
Jun 18, 2020 07:13 am UTC| Technicals
Cable (GBPUSD) is plunged from the peaks of 1.2813 to the recent lows of 1.2454 levels. The intraday volatility is tepid and, prices seem to be drifting into a range after pulling back from 1.2813 Fibonacci resistance, and...