FxWirePro: USD/ CNY sustains gains as uptrend remains strong
Nov 11, 2024 05:26 am UTC| Technicals
USD/ CNY strengthened on Monday as Chinese Yuan weakened as support measures from China continued to disappointed investors. On Friday, China announced a 10 trillion yuan ($1.40 trillion) debt package aimed at...
FxWirePro:EUR/AUD faces strong resistance, unlikely to break through soon
Nov 09, 2024 00:52 am UTC| Technicals
EUR/AUD strengthened on Friday as Australian dollar slid amid a weaker yuan and slumping commodity prices after a disappointing China stimulus package. A day after the Federal Reserve rate cut, attention shifted back...
FxWirePro: EUR/NZD capped by the 50.0% fibonacci, good to sell on rally
Nov 08, 2024 21:23 pm UTC| Technicals
EUR/NZD edged higher but gains were limited as fears of U.S. protectionism and German political turmoil weighed on the euro. Trumps proposed 20% tariffs on Europe, first signaled during his campaign, could potentially...
FxWirePro- Major Currency pair and bias summary
Nov 08, 2024 18:11 pm UTC| Technicals
Major Currency pair and bias...
FxWirePro- BNBUSD Daily Outlook
Nov 08, 2024 17:54 pm UTC| Digital Currency Technicals
Key Level to Monitor: $545 The BNB/USD pair surged more than $60 following the victory of Trump as 47 th president of US.It hits a high of $611.40 yesterdayand is currently trading around $598.60. Aclosingpricebelow...
Nov 08, 2024 17:52 pm UTC| Technicals
SP 500- 6000 (0.32%) Major resistance- 6187 Near-term resistance - 6000 (161.8% Fib) Minor support-5925/5890/5850/5790/5750/5678/5580/5500 Trend reversal level- 5480 The pair holds above short term...
FxWirePro: USD/ZAR poised for further gains to revisit a key fibonacci level
Nov 08, 2024 16:30 pm UTC| Technicals
The USD/ZAR rose strongly on Thursday as South African rand dropped wrapping up a volatile trading week that was heavily influenced by Donald Trumps victory in the U.S. presidential election. This week, the rand has...
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