
Dec 23, 2024 12:02 pm UTC| Technicals
The currency pairrecovered more than 50 pips after a minor sell-off.Intraday bias remains bullish as long as the support level at 0.8890 holds. The pair reached a low of 0.89158and is currently trading around...

FxWirePro- Major European Indices
Dec 23, 2024 11:48 am UTC| Technicals
Germany DAX - 19887 (0.03%) Major resistance- 21132 Near-term resistance -20000/20257/20500/21000 Minor support- 19760/19587/19430/19285 Trend reversal level- 17000 The pair hold below...

FxWirePro: USD/CNY consolidates around 7.298, maintains bullish bias
Dec 23, 2024 10:30 am UTC| Technicals
USD/CNY strengthened on Monday as widening yield differential between the U.S. and China continued to exert pressure on the yuan . Yields on Chinas long-term government bonds, including the 10-year, 30-year, and...

Dec 23, 2024 09:14 am UTC| Technicals
The EUR/JPYpared some of its gains on the strong yen. It hit a high of 163.80 yesterday and currently trading around 162.97.The bullishintraday outlook is maintained as long as the support of 159.80holds. In a recent...

FxWirePro: USD/ JPY positions for another climb, eyes 158.50 level
Dec 23, 2024 07:58 am UTC| Technicals
USD/JPY strengthened on Monday as yen weakened on growing concerns that Japanese authorities may intervene to stabilize the currency. Leading Japanese financial officials voiced their concerns on Friday, saying that...

FxWirePro: NZD/USD edges higher but outlook still bearish
Dec 23, 2024 05:52 am UTC| Technicals
The NZD/USD inched higher on Monday, but gains were limited by expectations of additional monetary easing from the Reserve Bank of New Zealand. Thursdays data showed a 1.0% decline in gross domestic product for the...