
GBPJPY trade idea (Sell)( CCI AND EMA set up)
Aug 26, 2024 03:17 am UTC| Technicals
GBPJPY trade idea (sell- CCI AND EMA set up) GBPJPY showed a minor weakness after forming a double top around 192. It hits a low of 189.61 and is currently trading around 189.99. The Japanese yen gained...

FxWirePro- Nikkei Daily Outlook
Aug 26, 2024 03:03 am UTC| Technicals
Nikkei trading weak despite dovish comments from Fed chairman. It hit a low of 37820 at the time of writingand is currently trading around 38236. The escalation of geo-political tension between Israel and Hamas puts...

FxWirePro: GBP/AUD capped key fibo,bears set to regain control
Aug 23, 2024 20:03 pm UTC| Technicals
GBP/AUD turned lower on Friday as the attracted sellers after surprisingly dovish Powell remarks. Powell said rate cuts would depend on data and risks, with his focus on the labor market leading investors to closely...

FxWirePro:GBP/NZD reverses recent rally, bias back to downside
Aug 23, 2024 18:33 pm UTC| Technicals
GBP/NZD dropped towards 2.1200 level after Federal Reserve Chair Jerome Powell indicated potential interest rate cuts. Powells speech at Jackson Hole is seen as paving the way for a September rate cut, though the size...

FxWirePro: USD/ZAR sellers reign on dovish Fed, key support in play
Aug 23, 2024 17:53 pm UTC| Technicals
USD/ZAR declined sharply on Friday as South African rand jumped after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month. Like other risk-sensitive currencies, the rand...

FxWirePro- SOLUSD Daily Outlook
Aug 23, 2024 17:46 pm UTC| Technicals
FxWirePro- SOLUSD inches higher on positive fundamentals, good to buy on dips Solana is a blockchain built for mass adoption. Its a high performance network that is utilized for a range of use cases, including...

FxWirePro: EUR/AUD under pressure after early buying dries up
Aug 23, 2024 17:35 pm UTC| Technicals
EUR/AUD declined on Friday as the pair came under selling pressure after Federal Reserve Chair Jerome Powell endorsed interest rate cuts, pushing the dollar to its lowest point of 2024. Investors had anticipated that...