FxWirePro- USDCAD Daily outlook
Apr 04, 2022 07:57 am UTC| Technicals
Significant Support - 1.2450 USDCAD is trading weak for the fifth consecutive week on board-based Canadian dollar buying. It shined well against all majors on surging crude3 oil prices. The Russian and Ukraine war has...
FxWirePro: NZD/USD Daily Technical Outlook
Apr 04, 2022 07:06 am UTC| Technicals
Chart - Courtesy Trading View NZD/USD was trading 0.22% higher on the day at 0.6935 at around 06:15 GMT. The pair has paused downside of previous two sessions at 200-DMA which is offering strong support at...
FxWirePro: Sell GBPJPY on rallies
Apr 04, 2022 05:16 am UTC| Technicals
GBPJPY is trading higher for the second consecutive day and holding above 160. A minor weakness in the Japanese yen is supporting the pair at lower levels. The pound sterling consolidates in a narrow range between 1.31825...
FxWirePro: AUD/USD extends marginal gains, focus on RBA policy meet for impetus
Apr 04, 2022 05:13 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading 0.19% higher on the day at 0.7510 at around 04:50 GMT. The pair is extending marginal gains as markets turn cautiously optimistic ahead of another round of peace...
FxWirePro: Gold Weekly outlook
Apr 04, 2022 03:06 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1928.06 Kijun-Sen- $1908.22 Gold lost its shine after upbeat US jobs data. US economy has added 43100 jobs in Mar compared to a forecast of 492K and the...
FxWirePro:EUR/NZD neutral in the near term, scope for further downtrend
Apr 02, 2022 02:08 am UTC| Technicals
EUR/NZD declined on Friday as euro attracted sellers on lack of progress in Russia-Ukraine peace talks and growing risk recession in Eurozone. Russia demanded purchases of its nat gas exports be made in roubles as the...
FxWirePro:EUR/AUD poised for further downside after key fibo break
Apr 02, 2022 01:55 am UTC| Technicals
EUR/AUD declined on Friday as concerns over soaring commodity prices and uncertainty surrounding the war in Ukraine weighed on the pair. Investors were concerned as Eurozone faced multi-decade high inflation and...