
FxWirePro: USD/ZAR rebounds as rand retreats against stronger greenback
Jan 21, 2025 11:13 am UTC| Technicals
USD/ZAR rebounded strongly on Tuesday as the dollar firmed as Trumps first day back in office brought mixed signals on tariffs. Trump refrained from immediate tariff actions, a key concern for global markets, but...

FxWirePro: GBP/USD outlook weaker on renewed downside pressure
Jan 21, 2025 10:51 am UTC| Technicals
GBP/USD slipped sharply lower on Tuesday as dollar rebounded strongly as Donald Trumps inauguration reignited concerns over tariffs . Trumps tariff plans are a key focus for investors, as the size and scope of the...

FxWirePro- `Major European Indices
Jan 21, 2025 08:30 am UTC| Technicals
Major European Indices Germany DAX - 20994 (-0.24%) Major resistance- 21132 Near-term resistance -20000/20740/21000 Minor support-...

Jan 21, 2025 07:59 am UTC| Technicals
The GBP/JPYtrades higher despite weak UK jobs data. It hits a low of 189.33 and is currently trading around 191.06. Intraday trend is bearish as long as resistance 192 holds. In November 2024, the UK labor market...

FxWirePro: USD/ JPY slips lower, set to stay on back foot
Jan 21, 2025 06:21 am UTC| Technicals
The USD/JPY slipped lower on Tuesday as yen firmed on growing expectations that bank of Japan would raise interest rates this week . The BOJ is expected to raise interest rates on Friday, increasing short-term...

FxWirePro: NZD/USD downside pressure builds, key support level in focus
Jan 21, 2025 06:04 am UTC| Technicals
NZD/USD drifted lower on Tuesday as US dollar recovered, erasing losses from Trump impact. Global markets reacted with concern on Tuesday, closely watching headlines about Trumps plans for trade relations and...