
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...

Jan 02, 2025 08:01 am UTC| Technicals
The EUR/JPYbreaks significant trendline support at 162.50 after a long consolidation on the strong yen. It hit a low of 162.20 and is currently trading around 162.24.The bearish intraday outlook is maintained as long as...

Stellar Surges 35%: Transforming Digital Banking in South Africa!
Jan 02, 2025 07:31 am UTC| Digital Currency Technicals
The Stellar network is an open-sourced, public blockchain powered by the Stellar Consensus Protocol (SCP), which utilizes a proof-of-agreement (PoA) consensus mechanism. Expanding Partnerships and Financial...

FxWirePro: NZD/USD recovers slightly, but downward trend likely to resume
Jan 02, 2025 06:17 am UTC| Technicals
NZD/USD firmed on Thursday as stronger commodity prices and slightly weaker greenback supported kiwi dollar. Meanwhile, investors returning from holidays cautiously watched for a recovery in Chinas economy, New Zealands...

FxWirePro:AUD/USD uptrend gains some momentum but hurdles ahead
Jan 02, 2025 05:17 am UTC| Technicals
AUD/USD pair recovered some ground on Tuesday, as bargain hunting provided some support for the Australian dollar. Despite the short-term recovery, the outlook for AUD/USD remains bearish. The ongoing strength of the...

Jan 02, 2025 05:04 am UTC| Technicals
The GBP/JPY currency pairtook support near 55-8H EMA and showed a minor pullback.It hit a high of 197.52 and is currently trading around 196.84. The Potential Reversal Zone (PRZ) is set at 200.20, which means traders might...

FxWirePro: USD/MXN bullish outlook with scope to target 21.000 level
Dec 31, 2024 18:34 pm UTC| Technicals
USD/MXN rose on Tuesday as prospects for fewer U.S. rate cuts lifted the dollar. The US dollar has surged in recent weeks, led by expectations of a less dovish Federal Reserve, as inflation remains over the central...