
FxWirePro: USD/ CNY trapped in a range as resistance at 7.333 holds firm
Jan 15, 2025 11:42 am UTC| Technicals
USD/ CNY eased slightly on Wednesday as the surging dollar paused but the pair remained near 16-month high as nervous markets awaited Donald Trumps inauguration as U.S. president next week. Trump has threatened sharply...

FxWirePro: USD/ZAR advantage bears but major supports holds
Jan 15, 2025 11:30 am UTC| Technicals
USD/ZAR dipped on Wednesday as South Africas rand firmed ahead of a key U.S. inflation report that could provide clues on the Federal Reserves interest rate path. Investors were awaiting the U.S. Consumer Price Index...

FxWirePro- Major European Indices
Jan 15, 2025 09:50 am UTC| Technicals
Germany DAX - 20345 (0.28%) Major resistance- 21132 Near-term resistance -20400/20530/20800/21000 Minor support- 20200/19960/19680/19760/19587/19430/19285 Trend reversal level- 17000 The pair...

GBP/JPY Technical Analysis: Bearish Trends and UK CPI Impact on Strategic Buying Opportunities
Jan 15, 2025 08:52 am UTC| Technicals
The GBP/JPYpared some of its gains on weak UK CPI data. It hit a high of 192.98 yesterday and is currently trading around 191.65. Intraday trend is bearish as long as resistance 193 holds. CPI Data Insights Consumer...

FxWirePro: AUD/ JPY attracts selling interest, vulnerable to more downside
Jan 15, 2025 08:46 am UTC| Technicals
AUD/ JPY sipped loweron Wednesday as Japanese currency strengthened on the back of comments from BOJ Governor Kazuo Ueda. At a gathering of regional bank executives, Ueda said that the central bank would raise rates if...

FxWirePro: USD/ JPY slips lower after BoJ Ueda's comments, key support level in focus
Jan 15, 2025 06:04 am UTC| Technicals
The USD/JPY slipped lower on Wednesday as yen firmed after comments from Bank of Japan Governor Kazuo Ueda . Bank of Japan Governor Kazuo Ueda stated on Wednesday that the central bank will raise interest rates and...

FxWirePro: NZD/USD momentum strongly bearish despite pause in losses
Jan 15, 2025 05:34 am UTC| Technicals
NZD/USD eased slightly on Wednesday as traders cautiously awaited Wednesdays consumer price index report. The U.S. headline consumer price index (CPI) is expected to have increased by 0.3% month-on-month in December,...