
FxWirePro: USDCAD Daily Outlook
Jul 31, 2020 15:44 pm UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.33969 Kijun-Sen- 1.33951 USDCAD is trading flat despite better than expected Canadian GDP. It came at 4.5% for May compared to a forecast of 3.5%. The US...

FxWirePro: USD/NOK hovers towards 6-month trough, struggles to break below 9.0000
Jul 31, 2020 12:17 pm UTC| Technicals
The Norwegian Krone surged, hovering towards a 6-month peak hit iin the prior session as the greenback eased against a basket of currencies. The dollar index declined to an over 2-year low after U.S. President Donald...

FxWirePro: EURUSD forms a bearish engulfing pattern, good to sell on rallies
Jul 31, 2020 11:24 am UTC| Technicals
Candlestick pattern- Bearish engulfing Ichimoku Analysis (4-hour chart) Tenken-Sen- 1.1820 Kijun-Sen- 1.17954 EURUSD halted its bullishness after hitting 2- year high at 1.098900 level. The increase...

FxWirePro: USD/DKK slumps to over 2-year low, dip till 6.2365 likely
Jul 31, 2020 10:56 am UTC| Technicals
The Danish Krone rallied to a over 2-year peak as the greenback slumped across the board. The dollar index declined as investors fretted that a rebound in the U.S. economy would be derailed by the struggle to stem the...

FxWirePro: FTSE100 trades weak, dip till 5895 likely
Jul 31, 2020 08:13 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 5983 Kijun-Sen- 6047 FTSE100 continues to trade weak and broken psychological support 6000 on coronavirus. The second wave of coronavirus spread in U.S and...

FxWirePro: GBPJPY upside capped by 200-day MA, break above targets 140
Jul 31, 2020 08:08 am UTC| Technicals
Ichimoku Analysis (Daily chart) Tenken-Sen- 135.85 Kijun-Sen- 134.67 GBPJPY surged past 136.60 high made on Jul 22nd after a long consolidation between 136.62 and 134.99 for the past one week. The pair...

Jul 31, 2020 04:56 am UTC| Technicals
Ichimoku Analysis (Daily Chart) Tenken-Sen- $1961.91 Kijun-Sen- $1955 Gold recovered sharply after hitting a low of $1939 on a weak US dollar. The US dollar index declines and hits 26.5 months low...