
Jan 16, 2025 12:00 pm UTC| Technicals
The EUR/JPYrecovered more than 200 pips as the Euro recovered. It hit an intraday high of 162.13 and is currently trading around 161.97.The intraday outlook is bullish and maintained as long as the support 160...

FxWirePro- Major European Indices
Jan 16, 2025 11:35 am UTC| Technicals
Germany DAX - 20613 (-0.16%) Major resistance- 21132 Near-term resistance -20800/21000 Minor support- 20370/20200/19960/19680/19760/19587/19430/19285 Trend reversal level- 17000 The pair hold...

FxWirePro: AUD/ JPY falls below 97.00 level, bears keep the advantage
Jan 16, 2025 10:39 am UTC| Technicals
AUD/ JPY slipped below 97.00 levelon Thursday as growing BOJ rate-hike hopes boosted Japanese yen . Bank of Japan Governor Kazuo Ueda stated on Thursday that the central bank will consider raising interest rates next...

FxWirePro: USD/ZAR rebounds, critical resistance lies ahead
Jan 16, 2025 10:15 am UTC| Technicals
USD/ZAR strengthened against dollar on Thursday as south African rand weakened a day after a key U.S. inflation report boosted hopes of a less restrictive Federal Reserve policy this year. U.S. core inflation slowed...

GBP/JPY Dips as Weak UK GDP Data Sparks Bearish Sentiment
Jan 16, 2025 10:05 am UTC| Technicals
The GBP/JPYlost its shine on weak UK GDP data. It hit an intraday high of 191.54 and is currently trading around 190.34. The intraday trend is bearish as long as resistance 192 holds. UK GDP Report Overview The...

FxWirePro: USD/ CNY consolidating around 7.331,bias is bullish
Jan 16, 2025 09:56 am UTC| Technicals
USD/ CNY steadied near 16 month high on Thursday as investors awaited key economic data from China. . Chinas Q4 GDP, industrial production, retail sales, and unemployment rate updates are in focus, offering key insights...