
FxWirePro: Norwegian Krone slumps as oil decline on easing demand
Jul 23, 2020 11:54 am UTC| Technicals
The Norwegian Krone eased, extending retreat from a 5-month peak hit in the prior session as crude oil prices declined on concerns about rising U.S. oil inventories and a persistent surge in new coronavirus cases. On...

Jul 23, 2020 11:49 am UTC| Technicals
EUR/GBP chart - Trading View EUR/GBP was trading 0.40% higher on the day at 0.9121 at around 11:45 GMT. The British pound dented amid Brexit impasse and worsening UK-China relations. The pair has shown a break...

FxWirePro: USD/DKK hovers towards near 2 year low, dip till 6.4000 likely
Jul 23, 2020 10:55 am UTC| Technicals
The Danish Krone surged, hovering towards a near 2 year peak hit in the prior session as the greenback declined against a basket of currencies. The dollar index plunged to an over 4-month low as investors took a wait...

FxWirePro: GBPJPY hits 1-1/2 month high, jump till 137.60 likely
Jul 23, 2020 10:15 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 134.62 Kijun-Sen- 134.95 GBPJPY has taken support near Tenken-Sen and shown more than 100 pips jump to 136.62. The jump was mainly due to strong Pound...

FxWirePro: AUD/JPY breaks major resistance, eyes 200W MA at 79.94
Jul 23, 2020 09:26 am UTC| Technicals
AUD/JPY chart - Trading View AUD/JPY was trading 0.15% higher on the day at 76.59 at around 09:00 GMT, outlook remains bullish. The pair has hit highest since May 2019 at 76.87 in the previous session and technical...

FxWirePro: CADJPY trades above 80 level, jump till 81.93 possible
Jul 23, 2020 09:08 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 79.40 Kijun-Sen- 79.15 CADJPY recovered sharply from a low of 78.38 on Jul 10th, 2020. The intraday trend is bullish as long as support 79.28 holds. The...

FxWirePro: USDCHF forms bullish Bat pattern, good to buy on dips
Jul 23, 2020 09:06 am UTC| Technicals
Harmonic pattern- Bullish Bat pattern Ichimoku Analysis (Daily chart) Tenken-Sen- 0.93772 Kijun-Sen- 0.94098 USDCHF continues to trade weak and declined sharply till 0.92725 on broad-based US dollar...