FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(US Session)
Jan 02, 2025 12:56 pm UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...

FxWirePro: USD/ JPY consolidating around 157.12, bias is bullish
Jan 02, 2025 12:14 pm UTC| Technicals
USD/JPY initially dipped on Thursday but recovered ground as traders were on alert to any intervention from Japanese authorities. Japan last intervened in the currency markets in July, conducting a yen-buying...

FxWirePro: USD/ZAR runs out of steam but maintains bullish outlook
Jan 02, 2025 11:51 am UTC| Technicals
USD/ZAR declined on Thursday as South Africas rand started the new year on a positive note on after a volatile end to 2024. Trade in the rand was volatile in November and December following Donald Trumps election, amid...

FxWirePro: GBP/USD falls sharply on weak U.K PMI data, outlook strongly bearish
Jan 02, 2025 11:32 am UTC| Technicals
GBP/USD declined sharply on Thursday as worse than expected U.K PMI data weighed on sterling . British factory activity contracted at its fastest pace in 11 months in December, with manufacturers reducing staff due to...

FxWirePro- Sell EURUSD below 1.03400
Jan 02, 2025 09:21 am UTC| Technicals
Significant support- 1.0340. EUR/USD has shown a minor pullback once gained after forming a bottom near 1.03400. It hit a low of 1.03459 and is currently trading around 1.03863. The US dollar has gained strength...

FxWirePro: USD/CNY stuck in range but maintains bullish bias
Jan 02, 2025 09:09 am UTC| Technicals
USD/CNY languished near 14 month high on Thursday as concerns about Chinese economy, potential U.S. import tariffs under the Trump administration, and falling local yields dampened investor sentiment. With just over...