
FxWirePro: USD/JPY hits 2-week low below 106, greenback depressed ahead of FOMC minutes
Aug 18, 2020 10:26 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY slumps lower for the 3rd straight session to hit 2-week lows below 106 handle. The major was trading 0.36% lower on the day at 105.61 at around 10:15 GMT after closing 0.51% lower...

FxWirePro: Swedish Krona gains on upbeat economic data
Aug 18, 2020 10:14 am UTC| Technicals
The Swedish Krona surged following the release of upbeat induatrial inventories figures. Swedens industrial inventories increased by SEK 2.1 billion in the second quarter of 2020, following an upwardly revised SEK...

FxWirePro: CHFJPY Daily Outlook
Aug 18, 2020 09:38 am UTC| Technicals
Ichimoku Analysis (1-hour chart) Tenken-Sen- 116.69 Kijun-Sen- 116.95 CHFJPY has halted its 14-week of the bullish trend and lost more than 100 pips on strong Yen. USDJPY is trading weak for the week...

FxWirePro: Norwegian Krone advances to 7-month peak as crude oil rallies
Aug 18, 2020 09:36 am UTC| Technicals
The Norwegian Krone rallied to a 7-month peak as oil prices surged as suppliers seek to hold promises on output cuts. Crude oil prices gained after OPEC+ said the producer grouping is almost fully complying with...

FxWirePro: USDCHF breaks 0.9050, dip till 0.8950 possible
Aug 18, 2020 09:09 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91432 Kijun-Sen- 0.91432 USDCHF continues to trade lower after minor recovery till 0.90675. The broad-based US dollar selling due to delay in the US...

FxWirePro: USD/DKK near 2-week low, outlook remains bearish
Aug 18, 2020 08:57 am UTC| Technicals
The Danish Krone surged to a 1-1/2 week peak as the greenback declined against a basket of currencies. The dollar index fell to an over 2-year low following a decline in benchmark U.S. 10-year government bond...

FxWirePro: Copper bounces off Wedge base support, set to resume upside
Aug 18, 2020 05:53 am UTC| Technicals
Copper chart - Trading View Copper has bounced off Wedge base support and was extending upside. Price action has broken above 5-DMA and is consolidating break above 20-DMA. Stochastics have turned bullish and RSI...