
FxWirePro: AUD/NZD bounces off 21-EMA support, scope for upside resumption
Jul 28, 2020 13:14 pm UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD on track to close higher for the 3rd straight session. The pair was trading 0.47% higher on the day at 1.0744 at around 13:00 GMT. Technical bias has turned bullish after price...

Jul 28, 2020 12:41 pm UTC| Technicals Insights & Views
The US is maintaining to get on top of the pandemic. The direct effects on US consumers and producers have all been widely discussed. Perhaps the US society will to accept the number of infections and death tolls. That...

FxWirePro: USD/SEK rebounds from 2-year low, finds support at 8.7100
Jul 28, 2020 12:09 pm UTC| Technicals
The Swedish Krona eased from a 2-year high as the dollar rebounded against a basket of currencies. The dollar index surged as investors awaited a Fed meeting that begins later on Tuesday and Fridays deadline for U.S....

FxWirePro: Copper trades below 5-DMA, 'Bearish Divergence' to drag prices lower
Jul 28, 2020 11:22 am UTC| Technicals
COPPER chart - Trading View Copper was trading 0.89% lower on the day at 2.8838 at around 11:10 GMT. Prices failed to extend previous sessions recovery and are set to extend downside. Price action has slipped...

FxWirePro: Norwegian Krone retreats from 6-month peak as crude oil slump
Jul 28, 2020 10:52 am UTC| Technicals
The Norwegian Krone retreated from a 6-month peak, weighed down by a fall in oil prices, while the U.S. dollar rallied against a basket of currencies. Crude oil prices declined as rising coronavirus cases dampened the...

FxWirePro: Sell CADJPY on rallies
Jul 28, 2020 10:29 am UTC| Technicals
Candlestick- Shooting star Ichimoku Analysis (8-hour chart) Tenken-Sen- 79.30 Kijun-Sen- 79.30 CADJPY lost more than 200 pips after forming a minor top around 80.14. The decline was mainly due to...

FxWirePro: USDCHF Daily outlook
Jul 28, 2020 10:14 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.91982 Kijun-Sen- 0.92591 USDCHF recovered slightly till 0.92300 after hitting a low of 0.91655. The pair was one of the best performers in this month and...