
Sep 19, 2024 04:49 am UTC| Technicals
GBPJPY surged sharply on board-based yen weakness. It hits a high of 189.41 and is currently trading around 189.14. Intraday trend is bullish as long as support 188 holds. Markets eye BOE monetary policy today for...

FxWirePro-Nikkei 225 Daily Outlook
Sep 19, 2024 04:27 am UTC| Technicals
Nikkeigained sharply due to a dovish 50 bpbs rate cut by the Fed. It hits a high of 37400 at the time of writing and is currently trading around 37262. Fed cuts rates by 50 bpbs to 4.75%-5%. Itsignals towards two to...

FxWirePro: NZD/USD maintains upside momentum, eyes 0.6300 level
Sep 19, 2024 04:22 am UTC| Technicals
NZD/USD climbed modestly on Thursday as data the New Zealand economy turned out to be less concerning than expected. . Data released on Thursday showed that GDP declined by 0.2% in the June quarter, which was an...

FxWirePro: AUD/ USD gains as upbeat Australian jobs data helps longs take control
Sep 19, 2024 04:04 am UTC| Technicals
AUD/USD bounced back from early losses on Thursday, supported by a strong jobs report that mitigated the overall gains of the U.S. dollar. Australian employment figures showed an increase of 47,500 jobs in August,...

FxWirePro- Woodies Pivot Point (Major pairs)
Sep 19, 2024 02:54 am UTC| Technicals
Woodies Pivot Point (Major...

FxWirePro:EUR/NZD drifts lower , could be on verge of a bigger drop
Sep 18, 2024 22:59 pm UTC| Technicals
EUR/NZD fell on Wednesday following the Federal Reserves decision to lower its policy rate by 50 basis points, which passed with an 11-1 vote. The central banks dot plot projections were lowered across tenors with Fed...

FxWirePro:EUR/AUD downside pressure builds, key support level in focus
Sep 18, 2024 22:50 pm UTC| Technicals
EUR/AUD declined on Wednesday as pair attracted seller after the U.S. Federal Reserve opted for a supersized cut . The central bank reduced the overnight rate by half a percentage point, surpassing the typical...