FxWirePro: EUR/GBP bounces off 200-DMA support, pound dampened as UK inflation misses forecasts
May 18, 2022 07:29 am UTC| Technicals
Chart - Courtesy Trading View EUR/GBP was trading 0.35% higher on the day at 0.8469 at around 07:20 GMT, up from session lows at 0.8432. The pair has bounced off major support at 200-DMA after the British pound was...
FxWirePro: GBP/CHF hovers around 200-DMA, pound remains bid ahead of UK inflation data
May 18, 2022 05:54 am UTC| Technicals
Chart - Courtesy Trading View The British pound gained traction overnight as a reaction to upbeat UK employment data, pushing the pair higher. UK inflation data for April month is due early on Wednesday at 06:00 GMT....
FxWirePro: AUD/USD rangebound, focus on Aussie Employment data
May 18, 2022 05:44 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading largely unchanged on the day at 0.7024 at around 05:30 GMT, pausing a 3-day bullish streak. Aussie buoyed across the board after RBA minutes sounded more hawkish than...
May 18, 2022 04:59 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1821.89 Kijun-Sen- $1822.90 Gold lost its shine after Fed chairman comments. He said that the Central bank to be more aggressive if inflation pressure...
FxWirePro: EUR/NZD gains on hawkish ECB statement, eyes 1.6700 level
May 18, 2022 00:23 am UTC| Technicals
EUR/NZD strengthened on Tuesday as hawkish comments from ECB supported euro against kiwi dollar. EUR/NZD advanced towards 1.5000 after ECB official Klaas Knot said the central bank shouldnt rule out a 50 basis point...
FxWirePro:GBP/NZD attracts buying interest, 23.6%fibonacci eyed
May 17, 2022 23:37 pm UTC| Technicals
GBP/ NZD strengthened on Tuesday as better than expected UK jobs data lifted the pair. Britains jobless rate hit a 48-year low in the first three months of 2022 and employers paid bigger bonuses to keep or attract...
FxWirePro:GBP/AUD uptrend gains momentum, good to buy on dips
May 17, 2022 23:29 pm UTC| Technicals
GBP/ AUD rose sharply on Tuesday as strong UK jobs data boosted sterling across the board. The jobless rate dropped to 3.7% from 3.8% below forecasts and the number of people out of work was less than job vacancies on...