
Jul 23, 2020 08:39 am UTC| Research & Analysis Digital Currency Technicals Insights & Views
Bitcoin price (BTCUSD at Coinbase) surpassed $9.5k again but for now, it seems to be quite exhausted after 2-days of rallies (5%), short-term traders are snapping rallies for momentary gains. The consolidation phase...

FxWirePro: EUR/JPY consolidates previous session's gains, holds above 124 handle
Jul 23, 2020 07:59 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY is consolidating previous sessions spike, edges lower from session highs at 124.22 to trade around 124 handle at 07:45 GMT. EUR/JPY hit highest since June 2020 (124.29), buoyed by...

Jul 23, 2020 07:44 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1857 Kijun-Sen- $1836 Gold recovered sharply after showing a minor decline till $1846.The escalation of trade tension between the US and China is...

Jul 23, 2020 07:22 am UTC| Technicals
EURUSD prices have accelerated higher with the broader USD decline, breaching the 1.1495 March highs, but we still see strong resistance around 1.1600. As such, we remain wary that the broader USD has reached its...

FxWirePro: NZD/USD extends 5-day winning streak, cloud breakout reinforces further gains
Jul 23, 2020 06:21 am UTC| Technicals
NZD/USD chart - Trading View NZD/USD was trading 0.29% higher on the day at 0.6680 at around 05:25 GMT, bias bullish. The pair is extending 5-day winning streak as the kiwi tracks the Aussie higher. Vaccine hope...

FxWirePro: AUD/USD rangebound around 0.7150, escalating US-China tensions cap upside
Jul 23, 2020 04:52 am UTC| Technicals
AUD/USD chart - Trading View AUD/USD was trading rangebound on the day at 0.7150 at around 04:45 GMT. Poor data weigh on price action. Australian NAB Business Confidence slipped below -8 forecast and -12 prior...

FxWirePro: GBPAUD capped by the38.2% fib % fibonacci, good to sell on rallies
Jul 22, 2020 18:22 pm UTC| Technicals
GBP/AUD recovered some ground after initially falling on Wednesday as investors took heart from COVID vaccine, global growth optimism and EU recovery proposal. The pair initially declined sharply , rebounds towards...