
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...

FxWirePro: NZD/USD extends bull run to test fresh 3-month high, focus on NFP for further impetus
Jun 05, 2020 05:58 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD is extending bull run, has hit fresh 3-month high at 0.6492, momentum with the bulls. The pair has gained a whopping 4.51% for the week as price action extends 200-DMA...

FxWirePro: Copper resumes upside after brief pause at 110-EMA, eyes 2.535 (61.8% Fib)
Jun 05, 2020 05:40 am UTC| Technicals Investing
Copper has resumed upside after a brief pause as the pair holds above 110-EMA. The pair was trading 0.58% higher on the day at 2.499 at around 05:30 GMT. Price action has held above 110-EMA support and bounce higher...