FxWirePro: GBP/NZD attracts selling interest, could be on verge of a bigger drop
Nov 18, 2021 22:18 pm UTC| Technicals
GBP/NZD declined on Thursday as traders assessed whether recent gains linked to expectations of rate hike by BOE have gone too far. The pair is approaching 38.2% fib retracement at 1.9137, a daily close below which will...
FxWirePro: EUR/NZD closes below 5-day moving average, favouring weakness
Nov 18, 2021 21:55 pm UTC| Technicals
EUR/NZD initially dipped on Thursday but recovered some ground as the pair was aided by profit-taking on shorts. The pair is currently approaching resistance at 1.6171 ( 5DMA). Resistance at 1.6171 is likely to cap...
FxWirePro: Daily Commodity Tracker - 18th November, 2021
Nov 18, 2021 18:19 pm UTC| Technicals
Daily Commodity...
FxWirePro: GBP/AUD consolidating around 1.8555, bias is bullish
Nov 18, 2021 18:04 pm UTC| Technicals
GBP/AUD strengthened on Thursday as Australian dollar weighed down by weak commodities prices. Australian dollar also weakened due to the Reserve Bank of Australias push back against bets for 2022 interest rate. ...
FxWirePro: EUR/AUD set for increasing upside potential, 1.5700 beckons
Nov 18, 2021 16:59 pm UTC| Technicals
EUR/AUD rally extended above 1.5600 on Thursday as Australian dollar was undermined by a slide in oil and other commodity prices. Commodity-linked Australian dollar was hurt by fall in copper, crude, and dalian iron...
FxWirePro: AUD/JPY hovers around 200-DMA, break below to see more downside
Nov 18, 2021 13:11 pm UTC| Technicals
Chart - Courtesy Trading View Technical Analysis: Bias Bearish - AUD/JPY was trading 0.36% higher on the day at 83.16 at around 13:00 GMT - The pair is holding support at 200-DMA, break below to see more...
FxWirePro: AUD/NZD rejected at daily cloud, slumps for the second straight session
Nov 18, 2021 10:37 am UTC| Technicals
Chart - Courtesy Trading View AUD/NZD was trading 0.37% lower on the day at 1.0336 at around 10:30 GMT, after closing 0.62% lower in the previous session. Reserve Bank of New Zealand (RBNZ) posted sharp inflation...
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Anticipation of Inflation Trends: What Today’s CPI Data Means for the Market