
FxWirPro-EURJPY forms a Bullish BAT Pattern, good to buy on dips
Sep 11, 2024 04:41 am UTC| Technicals
Harmonic pattern- Bullish BAT Potential Reversal Zone (PRZ)- 155.45-50 Technicals- The pair trades below 34- and 55 EMA in the hourly chart. The near-term resistance is around 156, a breach above targets...

FxWirePro: AUD/ USD momentum negative despite pause in losses
Sep 11, 2024 04:29 am UTC| Technicals
AUD/USD eased on Wednesday as Australian dollar weighed down by concerns over Chinas economy and weak commodity prices . Oil prices stabilized somewhat but remained near their lowest levels in three years following...

FxWirePro: USD/ JPY hits 8- month low, good to sell on rally
Sep 11, 2024 04:10 am UTC| Technicals
USD/JPY hit eight month low on Wednesday as hawkish comments from Bank of Japan monetary policy board member Nakagawa boosted yen across the board. Bank of Japan board member Junko Nakagawa, in a speech on Wednesday,...

Sep 11, 2024 04:02 am UTC| Technicals
Intraday Bias -Bearish GBPJPY formed a double top around 188.10 and declined sharply. It hit a low of 185.218 at the time of writing and is currently trading around 185.55. Yen gained strongly against the US...

FxWirePro- Nikkei 225 Daily Outlook
Sep 11, 2024 03:48 am UTC| Technicals
Nikkei trades below 36000 on the strong yen. It hits a high of 36540 yesterday and is currently trading around 35873. Markets await US CPI data to be released today for further movement. The index holds below...

FxWirePro:GBP/NZD runs out of steam but maintains bearish outlook
Sep 10, 2024 23:09 pm UTC| Technicals
GBP/NZD drifted slightly lower on Tuesday as investors are focused on UK GDP data. Investors will closely watch gross domestic product figures due Wednesday before this months Bank of England meeting. The Bank of...

FxWirePro: EUR/NZD eases slightly as focus shifts to ECB rate decision
Sep 10, 2024 22:52 pm UTC| Technicals
EUR/NZD eased slightly on Tuesday as investors adopted a cautious approach ahead of an anticipated European Central Bank rate cut later in the week. The ECB meets on Thursday and markets have fully priced in a 25...