
Sep 27, 2024 06:22 am UTC| Technicals
EURJPY surged sharply on the weak yen. It hit a high of 163.49at the time of writing and is currently trading around 163.25. Intraday bias remains bullish as long as support 161.90 holds. Technicals- The pair is...

GBPJPY- Buy on dips (15 min trading strategy for intraday)
Sep 27, 2024 04:58 am UTC| Technicals
GBPJPY showed a minor profit booking after a massive buying. It hit a low of 194.17 at the time of writing and is currently trading around 194.85. Intraday trend is bullish as long as support 193.40...

FxWirePro: USD/JPY extends gains, faces 38.2%fib resistance
Sep 27, 2024 04:55 am UTC| Technicals
USD/JPY strengthened on Friday as investors assessed Tokyos inflation report. Data revealed that Tokyos core inflation rate decreased to 2% in September, down from 2.4% in August, aligning with forecasts. Looking...

FxWirePro: USD/ CNY edges higher but outlook still bearish
Sep 27, 2024 04:25 am UTC| Technicals
USD/ CNY edged higher on Friday as Chinas yuan weakened slightly as traders took profits after stimulus-fueled rally. After Tuesdays policy easing announcement, Chinas Politburo signaled on Thursday a shift toward a...

FxWirePro- Nikkei 225 Daily Outlook
Sep 27, 2024 02:54 am UTC| Technicals
Nikkeigained sharply and surpassed the 39275 high made after BOJ hiked rates by 25 bpbs. It hit a high of 38826 at the time of writing and is currently trading around 38776. Exporters mainly led the jump as the yen...

FxWirePro: GBP/NZD extends drop, faces 23.6% fib support
Sep 26, 2024 20:20 pm UTC| Technicals
GBP/NZD declined on Thursday as higher iron ore prices and increased risk sentiment boosted kiwi dollar. Chinese officials committed to implementing additional fiscal policy measures to support the countrys faltering...

FxWirePro: EUR/NZD threatens 23.6%fib after fall below 1.7700 handle
Sep 26, 2024 18:04 pm UTC| Technicals
EUR/NZD slipped lower on Wednesday as New Zealand dollar rallied on more news of China stimulus. In an effort to boost domestic demand, China announced plans to provide one-time financial assistance to vulnerable...