FxWirePro: USD/ CNY edges higher but the overall outlook remains bearish
Sep 02, 2024 04:01 am UTC| Technicals
USD/ CNY recovered some ground on Monday after data showed Chinas Aug manufacturing returns to growth. Chinas manufacturing sector rebounded in August, with increased new orders driving production growth, a...
FxWirePro: USD/ JPY unlikely to invite any further strength, good to sell on rally
Sep 02, 2024 03:45 am UTC| Technicals
USD/JPY eased slightly on Monday as investors prepared for a busy week of data, leading up to a U.S. jobs report. On the data front, Japans factory activity contracted at a slower pace in August, driven by a recovery...
FxWirePro: AUD/ USD stuck in range but bias is bullish
Sep 02, 2024 03:29 am UTC| Technicals
AUD/USD was little changed on Monday as investors awaited Australias June-quarter economic growth print to gauge the outlook for interest rates. Australias second-quarter GDP report, due this week, could set the stage...
FxWirePro-GBPJPY Daily Outlook
Sep 02, 2024 03:22 am UTC| Technicals
Intraday Bias - Bullish GBPJPY showed a minor pullback of more than 100 pips from a low of 190.64 the previous week. It hit a low of 189.50 on Aug 26th, 2024, and is currently trading around...
FxWirePro-GBPJPY Daily Outlook
Sep 02, 2024 03:22 am UTC| Technicals
Intraday Bias - Bullish GBPJPY showed a minor pullback of more than 100 pips from a low of 190.64 the previous week. It hit a low of 189.50 on Aug 26th, 2024, and is currently trading around...
FxWirePro:EUR/AUD poised at critical support, looking vulnerable
Aug 30, 2024 20:16 pm UTC| Technicals
EUR/AUD consolidated recent losses on Friday after a significant drop in Eurozone inflation, which heightened expectations of potential monetary policy adjustments by the ECB Inflation in the 20-country euro zone fell...
FxWirePro: EUR/NZD falls below 1.7700 level, bears keep the advantage
Aug 30, 2024 20:14 pm UTC| Technicals
EUR/NZD dipped on Friday as inflation figures from the euro zone led to minimal changes in the policy outlook for the ECB. Inflation in the 20 Eurozone countries plummeted to 2.2% in August, creating a strong...