
FxWirePro: Sell DXY on rallies
Jul 08, 2020 16:22 pm UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 96.82 Kijun-Sen- 96.92 US Dollar index continues to trade weak for 2nd consecutive days and lost more than 60 pips from yesterdays high 97.15. But the index...

FxWirePro : GBP/NZD rallies above 1.9150,eyes further gains
Jul 08, 2020 15:38 pm UTC| Technicals
GBP/NZD rose higher on Wednesday as gains was driven by hopes of a breakthrough at high-level Brexit talks. GBP/NZD climbed above 1.9100 and holds near the days high in US session. Technical signals are mixed as...

FxWirePro: USD/SEK hovers towards 1-month trough, outlooks remains bearish
Jul 08, 2020 12:00 pm UTC| Technicals
The Swedish Krona nudged higher, hovering towards a near 1-month peak as the greenback eased across the board. The greenback against a basket of currencies traded 0.2 percent lower at 96.82, having touched a low of...

FxWirePro: USD/JPY rangebound below daily cloud, no clear directional bias
Jul 08, 2020 11:30 am UTC| Technicals
USD/JPY chart - Trading View USD/JPY was trading rangebound at 107.56 at around 10:40 GMT, bias neutral. Traders struggling with no clear directional bias. Virus headlines and Sino-American news will remain key...

FxWirePro: USD/TRY hovers towards 1-1/2 month peak, likely to break above 6.8700
Jul 08, 2020 11:05 am UTC| Technicals
The Turkish Lira declined, halting a 2-day winning streak as the greenback rose against a basket of currencies. The dollar nudged higher after Federal Reserve officials expressed concern that rising coronavirus cases...

FxWirePro: AUD/NZD holds support at 110-EMA (1.0587), break below eyes 200-DMA at 1.0536
Jul 08, 2020 10:17 am UTC| Technicals
AUD/NZD chart - Trading View AUD/NZD was trading largely unchanged at 1.0613 at around 10:10 GMT. The pair has edged higher from session lows at 1.0588, finds strong support at 110-EMA. Major trend in the pair is...

FxWirePro: USD/DKK consolidates within tight ranges amid coronavirus worries
Jul 08, 2020 09:55 am UTC| Technicals
The Danish Krone consolidated within narrow ranges as investors refrained from taking big positions amid rising coronavirus cases. On Tuesday, the Danish currency eased after the European Commission forecast that...