
FxWirePro: USD/SEK hits 1-month trough, intraday bias bearish
Jul 09, 2020 11:46 am UTC| Technicals
The Swedish Krona rallied to a 1-month peak as the greenback declined across the board. The greenback against a basket of currencies traded 0.05 percent lower at 96.40, having touched a low of 96.24 on earlier, its...

FxWirePro: Norwegian Krone hits 4-week peak as crude oil surge
Jul 09, 2020 10:57 am UTC| Technicals
The Norwegian Krone rallied to a 4-week high as crude oil prices surged on gasoline recovery signs Crude oil prices rallied as signs of a recovery in U.S. gasoline demand outweighed concerns about renewed COVID-19...

FxWirePro: Danish Krone rallies to 4-week peak as current account surplus increases
Jul 09, 2020 09:58 am UTC| Technicals
The Danish Krone surged to a 4-week peak following the release of upbeat economic data. Denmarks current account surplus rose to DKK 17.4 billion in May from DKK 15.0 billion in the previous month. Separate data...

FxWirePro: AUD/NZD finds strong support at 110-EMA, break below to see dip till 200-DMA at 1.0536
Jul 09, 2020 09:39 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading 0.05% higher on the day after closing marginally higher in the previous session. The pair has found strong support at 110-EMA and is extending gains after bounce off...

FxWirePro: USDCHF trades below 0.9370, targets 0.9290
Jul 09, 2020 09:29 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.94292 Kijun-Sen- 0.94274 USDCHF continues to trade lower for the past 1- week and lost more than 150 pips on safe-haven demand. The pair has broken...

FxWirePro: EUR/JPY upside gathers steam, pair set to extend gains above 122 handle
Jul 09, 2020 08:24 am UTC| Technicals
EUR/JPY chart - Trading View EUR/JPY upside gathering steam. Periphery-German bond yields slide which bodes well for EUR upside. The spread between the 10-year Greek and German government bond yields fell to 1.53 on...

FxWirePro: GBPJPY holds well above 135, jump till 136.35 likely
Jul 09, 2020 08:05 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 134.69 Kijun-Sen- 134.55 GBPJPY is trading higher for past 1- week and jumped more than 350 pips on the strong Pound sterling. GBP gained sharply against...