
FxWirePro- Sell GBPJPY on rallies
Nov 26, 2024 07:15 am UTC| Technicals
The GBP/JPY currency pairtrades weak as the Pound sterling declines. It hit a low of 192.53at the time of writing and is currently trading around 193.The Potential Reversal Zone (PRZ) is set at 200.20. This week, the...

FxWirePro: AUD/ USD drifts lower as Trump tariffs underpin the U.S. dollar
Nov 26, 2024 06:13 am UTC| Technicals
AUD/ USD eased on Tuesday as dollar gained traction after Donald trump vowed to impose additional tariffs on against Mexco,Canada and China . Trump pledged a 25% tariff on all products from Mexico and Canada from his...

FxWirePro: NZD/USD outlook bearish ahead of November RBNZ meeting
Nov 26, 2024 06:03 am UTC| Technicals
NZD/USD declined on Tuesday as dovish Reserve Bank of New Zealand outlook and stronger US dollar weighed on Kiwi dollar US dollar surged after President-elect Donald Trump said he would sign anexecutive orderthat would...

FxWirePro: EUR/AUD steadies around 1.6150, retains bid tone
Nov 25, 2024 23:42 pm UTC| Technicals
EUR/AUD strengthened on Monday as lower commodities prices and escalating Russia/Ukraine war weighed on Australian dollar. Oil prices fell more than $2 per barrel after reports that Israel and Lebanon had agreed to...

FxWirePro: EUR/NZD chart highlights the underlying upside bias
Nov 25, 2024 23:28 pm UTC| Technicals
EUR/NZD strengthened on Monday as expectation of dovish policy outlook from RBNZ and weaker commodity prices weighed on kiwi dollar. The upcoming RBNZ meeting is unlikely to trigger a positive shift for the NZD. Market...

FxWirePro: GBP/AUD beginning to trend higher but hurdles ahead
Nov 25, 2024 23:12 pm UTC| Technicals
GBP/AUD gained some upward traction on Monday as weaker commodities prices and risk off sentiment weighed on Australian dollar. Australia will release the monthly inflation data on Wednesday. Forecasts are centred for...