
FxWirePro: US Dollar Index Daily Outlook
Feb 06, 2020 11:21 am UTC| Technicals
US dollar index continues to trade higher for 3rd consecutive days and jumped more than 100 pips. The good recovery in US 10-year bond yield is a reason for dollar strong rebound.US private sector has added 291000 jobs in...

FxWirePro: USD/DKK retreats from 1-week peak, good to sell on rallies
Feb 06, 2020 11:19 am UTC| Technicals
The Danish Krone rebounded from a 1-week low as investors awaited industrial production figures due tomorrow. Denmarks industrial production is likely to rise at an annualised rate of 0.5 percent in December after...

Bitcoin Price Skyrockets On Robust Uptrend, Spot On Hedging Dynamics
Feb 06, 2020 10:42 am UTC| Research & Analysis Digital Currency Technicals
The Year-2020 has so far been conducive for Bitcoin (BTC) prices. The major cryptocurrencies have shown considerable surge in prices in January and with this bullish frame of mind, the robust uptrend has continued even in...

FxWirePro: EUR/SEK halts 3-day losing streak, finds support at 10.5300
Feb 06, 2020 10:39 am UTC| Technicals
The Swedish Krona declined after rising to a 1-1/2 week peak in the previous session on better than expected service PMI. EUR/SEK trades 0.2 percent up at 10.5569, having hit a low of 10.5269 on Wednesday, its lowest...

FxWirePro: EUR/GBP halts 2-day losing streak, jump till 0.8498 likely
Feb 06, 2020 09:24 am UTC| Technicals
The euro rose, halting a 2-day losing streak against the British pound amid concerns that Britain would not adhere to EU rules and regulations. On Wednesday, the pair fell as low as 0.8433 as a strong final reading...

Feb 06, 2020 09:11 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- 0.65532 Kijun-Sen- 0.65134 AUDCHF has halted its 1-1/2 month bearishness and shown a minor recovery. The pair lost more than 350 pips from a high of 0.68204...

FxWirePro: XAG/USD exhibits range bound movement, stay long only above $17.74 mark
Feb 06, 2020 08:53 am UTC| Technicals
XAG/USD is currently trading around $17.69 marks. It made intraday high at $17.73 and low at $17.60 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.74 mark. A daily close...