FxWirePro: USD/ JPY retreats after early gains fizzle out
Nov 07, 2024 06:46 am UTC| Technicals
USD/JPY eased Thursday as dollar gains cooled off ahead of monetary policy decisions from the U.S. Federal Reserve. The Fed is expected to cut interest rates by 25 basis points later in the day, and the market focus...
FxWirePro: USD/ CNY loses momentum but outlook is bullish
Nov 07, 2024 06:04 am UTC| Technicals
USD/ CNY eased from three-month high as encouraging export data outweighed worries about higher U.S. tariffs on Chinese goods after Donald Trumps presidential election win. Chinas outbound shipments grew at the fastest...
FxWirePro: EUR/NZD getting back on track for a run towards 1.8150 level
Nov 07, 2024 00:40 am UTC| Technicals
EUR/NZD recovered some ground after initially falling as the pair was aided by profit-taking on shorts. After hitting 1.7982 (50%fib ) support, pair has recovered to 1.8081, EUR/NZD may need a break above 38.2%fib to...
FxWirePro: GBP/NZD uptrend looks tired, but continues to hold
Nov 07, 2024 00:29 am UTC| Technicals
GBP/NZD initially dipped on Wednesday but recovered ground as investors digested US presidential election results. At GMT 00:22, the pair was trading up 0.11 percent at 2.1709 after reaching dailylow at 2.1598. ...
FxWirePro: GBP/AUD finds strong support at the 38.2% fib, hovers around
Nov 07, 2024 00:17 am UTC| Technicals
GBP/AUD initially dipped but recovered ground on Wednesday as the investors digested U.S. presidential election results. Trump beat Democrat Vice President Kamala Harris to retake the White House while Republicans...
FxWirePro: USD/CAD rallies to 1-week high, good to buy on dips
Nov 06, 2024 20:13 pm UTC| Technicals
USD/CAD soared to one week high after Donald Trumps victory in the U.S. presidential election. Trump was elected after defeating Vice President Kamala Harris, marking a comeback four years after he was voted out of the...
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