
FxWirePro: Swedish Krona declines following soft inflation data
Sep 10, 2020 10:50 am UTC| Technicals
The Swedish Krona declined, drifting towards a 6-1/2 week low hit in the previous session following the soft inflation figures. Swedens consumer price index decreased 0.10 percent in August over the previous month,...

FxWirePro: Norwegian Krone eases as oil slumps on rising U.S. stockpiles
Sep 10, 2020 10:01 am UTC| Technicals
The Norwegian Krone nudged lower, having retreated from a near 7-week peak in the previous session following a plunge in the oil prices due to growing stockplies. Crude oil prices declined, hovering towards their...

FxWirePro: Sell GBPJPY on rallies
Sep 10, 2020 09:08 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 139.08 Kijun-Sen- 137.04 GBPJPY recovered sharply more than 150 pips from a low of 136.73. The slight jump in the Pound sterling due to broad-based US...

FxWirePro: Danish Krone extends rebound on upbeat inflation data
Sep 10, 2020 08:57 am UTC| Technicals
The Danish Krone surged, extending previous session rebound following the release of upbeat inflation figures. Denmarks annual inflation rate came in at 0.5 percent in August, unchanged from the previous month, still...

Sep 10, 2020 05:28 am UTC| Technicals
Ichimoku Analysis (1 Hour Chart) Kijun-Sen- $1947 Tenken-Sen-$1935 The gold is trading flat and struggling to close above $1950 level. The yellow metal surged more than $40 from a low of $1906 on COVID...

FxWirePro: USD/JPY extends sideways grind, trades directionless below 55-EMA
Sep 10, 2020 04:31 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY is extending sideways movement as price action remains capped below 55-EMA. Technical indicators do not provide a clear directional bias. RSI and Stochastics have gone flat on the...

FxWirePro:EUR/NZD capped by the 61.8% fibonacci, good to sell on rallies
Sep 09, 2020 19:12 pm UTC| Technicals
EUR/NZD declined on Wednesday as investors took short position ahead of Thursdays European Central Bank policy meeting. No change is expected to the banks policy, its forecasts and messaging around its willingness to...