
Nov 22, 2024 09:41 am UTC| Technicals
EUR/JPYlost its shine on the weak Euro.It hit a low of 161.17 at the time of writing and is now trading around 161.27. The intraday outlook is bearishas long as the resistance 163 holds. The German Flash Manufacturing...

Canadian Retail Sales on the Horizon: CADJPY Dips Amid Weak Canadian Dollar
Nov 22, 2024 09:39 am UTC| Technicals
CADJPY pared most of its gains on the weak Canadian dollar. It hit an intraday low of 110.23 and is currently trading around 110.29 Market eyes Canadian retail sales for further movement. The retail sales data...

FxWirePro: USD/JPY rebounds strongly, eyes level 156.00 level
Nov 22, 2024 06:39 am UTC| Technicals
USD/JPY rebounded on Friday as investors digested the latest Japans headline inflation data. Japans core inflation in October remained above the central banks 2% target, with a key index excluding fuel showing an...

FxWirePro: AUD/ USD drifts below 0.6500 as strong USD, Geopolitics weighs
Nov 22, 2024 06:20 am UTC| Technicals
AUD/ USD dropped below0.6500level on Friday as escalating geopolitical tensions and stronger US dollar weighed on Australian dollar. . Russia launched a hypersonic missile at Dnipro on Thursday, after the U.S. and UK...

FxWirePro: NZD/USD momentum remains negative, reinforcing the overall bearish market
Nov 22, 2024 06:05 am UTC| Technicals
NZD/USD declined sharply on Friday as kiwi was undermined stronger greenback and prospects of aggressive policy easing by RBNZ. Markets are anticipating a 50bps reduction in the RBNZs cash rate, with expectations that...

FxWirePro : GBP/AUD downside pressure builds, key support level in focus
Nov 22, 2024 00:12 am UTC| Technicals
GBP/AUD fell below the 1.9500 level, pressured by the intensifying Russia-Ukraine conflict. Putin said the West was escalating the conflict in Ukraine by allowing Kyiv to strike Russia with long-range missiles, and...