FxWirePro- EURUSD Daily Outlook
May 22, 2023 08:42 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.07948 Kijun-Sen- 1.08322 EURUSD showed a minor selling amid US debt optimism. Markets eye for US President Biden and McCarthy to meet at the White House...
FxWirePro- GBPJPY Daily Outlook
May 22, 2023 07:45 am UTC| Technicals
FxWirePro- GBPJPY Daily Outlook GBPJPY showed a minor profit booking after surging more than 350 pips the previous week. It hits a high of 172.50 yesterday and is currently trading around 171.67. GBPUSD- Trend-...
FxWirePro- Gold Weekly Outlook
May 22, 2023 05:16 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $2007.91 Kijun-Sen- $1906.79 Gold prices showed a minor pullback after the Fed chairmans Speech. He said that our policy rate may not need to rise as much...
FxWirePro:EUR/NZD under pressure, knocking on door of key support
May 19, 2023 23:58 pm UTC| Technicals
EUR/NZD declined on Friday as the prospect of a rate hike in New Zealand next week boosted kiwi dollar against euro The Reserve Bank of New Zealand is likely to raise its official cash rate by 25 bps to 5.50% at its...
FxWirePro:EUR/AUD set for bigger drop, but close below key fibo needed
May 19, 2023 23:42 pm UTC| Technicals
EUR/AUD dipped on Friday as Australia dollar was boosted by gains in equity , commodity prices . EUR/USD probed support zone 1.6186 (38.2% fib, Break lower risks run towards 1.6150 level in the short term. ...
FxWirePro:GBP/AUD unlikely to invite any further GBP strength, good to sell on rally
May 19, 2023 23:30 pm UTC| Technicals
GBP/AUD initially dipped on Friday but recovered some ground investors booked profit on shorts. GBP/AUD remains vulnerable, only a break and daily close above 1.8276 (61.8% fib) will shift bias to the upside. ...
FxWirePro:GBP/NZD dips below lower range, bearish bias increases
May 19, 2023 16:39 pm UTC| Technicals
GBP/NZD dipped on Friday as sterling was weighed down by a resurgent dollar and weakness in the British economy. Data released on Tuesday showed that British unemployment ticked up to 3.9% in the three months to March,...