
Nov 12, 2024 10:50 am UTC| Technicals
EUR/JPYlost its shine on the weak Euro.It hit a low of 163.23 at the time of writing and is now trading around 163.51.The intraday outlook is bearishas long as the resistance 164.80holds. The euro is struggling lately...
FxWirePro-Major pair market sentiment (CCI-ADX-EMA Setup) (European Session)
Nov 12, 2024 10:46 am UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...

GBP/JPY Dips: Weak UK Jobs Data and Rate Cuts Weigh on Market Confidence
Nov 12, 2024 08:51 am UTC| Technicals
The GBP/JPY currency pairpared some of its gains after weak UK jobs data. It dropped to a low of 196.88 at the time of writingand is currently trading around 197.08.The Potential Reversal Zone (PRZ) is set at 200.20. In...

FxWirePro: USD/ JPY consolidating around 153.75, room for further gains
Nov 12, 2024 08:14 am UTC| Technicals
USD/JPY consolidated around 153.75 on Tuesday as robust U.S. economic growth and the Trump administrations assertive trade policies continue to propel the U.S. dollar upward. Focus is on the October Consumer Price...

FxWirePro: AUD/USD drifts lower , could be on verge of a bigger drop
Nov 12, 2024 05:51 am UTC| Technicals
AUD/USD slipped lower on Tuesday as disappointment over Chinas latestpolicy packageannounced on Friday and Trumps pledges of60% tariffs on China continued toweighon the Australian dollar. Declining commodity prices...

FxWirePro: USD/ CNY hits 3-1/2 month high, good to buy on dips
Nov 12, 2024 05:30 am UTC| Technicals
USD/ CNY strengthened on Tuesday as persistent market worries over higher tariffs on Chinese goods from Donald Trumps second presidency weighed on yuan. As part of his campaign to revitalize American manufacturing,...