
FxWirePro: USD/ JPY bears step aside as investors look for clarity on size of Fed cut
Sep 09, 2024 03:42 am UTC| Technicals
USD/JPY inched up from a one-month low on Monday as investors continued to assess the potential magnitude of the Federal Reserves anticipated interest rate cut later this month. Fridays highly anticipated U.S. jobs...

FxWirePro: NZD/USD recovers slightly, scope for further upside
Sep 09, 2024 03:21 am UTC| Technicals
NZD/USD stabilized around $0.6180 on Monday as uncertainty persisted regarding the magnitude of the Federal Reserves anticipated interest rate cut later this month. Data released on Friday revealed that U.S. employers...

Sep 09, 2024 02:56 am UTC| Technicals
EURJPY halted its previous weeks bearish trend and showed a minor pullback. It hit a low of 157.46 yesterday and is currently trading around 158.27. Technicals- The pair trades below 34- and 55 EMA in the...

FxWirePro: AUD/ USD consolidating around 0.6685, room for further gains
Sep 09, 2024 02:55 am UTC| Technicals
AUD/USD steadied around 0.6685 on Monday as the dollar retraced some of its gains from Friday as investors remained uncertain about the extent of the Feds anticipated rate cut later this month. Fridays U.S. jobs data...

FxWirePro- GBPJPY Daily Outlook
Sep 09, 2024 02:22 am UTC| Technicals
Intraday Bias -Bearish GBPJPY recovered during Asian session after a massive sell-off. It hits a low of 186.42 yesterday and is currently trading around 187.64. Yen was the best performer the previous week...

FxWirePro: GBPAUD longs gains traction after mixed US jobs report
Sep 06, 2024 22:48 pm UTC| Technicals
GBP/AUD surged on Friday following the US payrolls data as the market evaluated the potential size of the Feds rate cut. Next week focus will be on UK employment, U.S. CPI data and central bank appearances from the Fed...

FxWirePro: EUR/AUD bulls take advantage of mixed US jobs data
Sep 06, 2024 21:01 pm UTC| Technicals
EUR/AUD initially dipped on Friday but rebounded strongly as investors digested US jobs data. Nonfarm payrolls increased by 142,000 jobs last month after a downwardly revised 89,000 rise in July, the Labor Departments...