
AUDJPY Relief Rally: A Golden Opportunity for the Bears?
May 08, 2026 09:28 am UTC| Technicals
AUDJPYshowed a minor pullback after a massive sell-off. It reached alow of 112.91and is presently trading close to 113.32. Technicals CMP...

NZDJPY Technical Outlook: Selling the Rallies as Bearish Momentum Consolidates
May 08, 2026 09:25 am UTC| Technicals
NZDJPYis consolidating in a narrow range after a massive sell-off. It reached anintradayhigh of 93.56 and is currently trading near 93.34. If the 94.40resistance level stays steady, the downward trend seems to be going...

FxWirePro: USD/JPY neutral in the near-term, scope for downward resumption
May 08, 2026 08:26 am UTC| Technicals
USD/JPY remained range bound after renewed verbal intervention signals from Japanese officials Traders remained focussed on the Japanese yen after recent interventions and verbal warnings from Tokyo kept sharp selling...

FxWirePro: USD/CNY hovers near three-year low, scope for further downside
May 08, 2026 07:18 am UTC| Technicals
USD/CNY hovered around a three-year low as signs of renewed hostilities in the Middle East kept investors cautious. yuan strengthened past the psychologically important 6.8-per-dollar level on Thursday on hopes of a...

FxWirePro: AUD/USD remains buoyant, looks to extend gains
May 08, 2026 06:49 am UTC| Technicals
AUD/USD edged higher on Friday as dollar weakened on renewed hostilities broke out between the U.S. and Iran . The U.S. and Iran exchanged fire and traded barbs again on Thursday, piling fresh pressure on a fragile...

FxWirePro: EUR/AUD momentum strongly bearish despite pause in losses
May 08, 2026 00:56 am UTC| Technicals
EUR/AUD pair recovered some ground on Thursday as optimism over Iran peace talks faded after negotiations reportedly went off script. Iran accused the U.S. of violating a ceasefire by targeting ships and civilian areas,...

FxWirePro: GBP/AUD edged higher but bearish outlook remains
May 08, 2026 00:42 am UTC| Technicals
GBP/AUD edged higher on Thursday as investors kept a wary eye on British local elections. UK elections see millions voting, with Keir Starmer facing a potential setback as Labour Party braces for losses.. UK...