
FxWirePro: EUR/NZD rally capped by 14-day moving average,good to sell on rally
Oct 04, 2023 22:41 pm UTC| Technicals
EUR/NZD retreated after reaching 1.7819 level on Wednesday after data showed euro zone retail sales fell much more than expected in August. The European Unions statistics office Eurostat said retail sales in the 20...

FxWirePro: GBP/NZD consolidating around 2.0530, bias is bullish
Oct 04, 2023 17:07 pm UTC| Technicals
GBP/NZD steadied around 2.0530 on Wednesday as sterling was supported by upward revision to the UK services PMI. UK data surprised on Wednesday,UK September services PMI was revised up to 49.3 vs 47.2 flash...

FxWirePro:GBP/AUD uptrend gains momentum on UK PMI upward revision, good to buy on dips
Oct 04, 2023 16:52 pm UTC| Technicals
GBP/ AUD pushed its recovery envelope from 1.9107 on Wednesday as Australian dollar came under pressure after the countrys central bank left interest rates unchanged. The Reserve Bank of Australia (RBA) kept rates at...

FxWirePro: GBP/NZD neutral in the near-term, scope for downward resumption
Oct 03, 2023 23:17 pm UTC| Technicals
GBP/NZD recovered some ground on Tuesday but gains were limed as investors focused on upcoming RBNZ Interest rate decision. Economists polled forecast the Reserve Bank of New Zealand would leave its official cash rate...

FxWirePro:EUR/NZD gives back chunk of early gains, eyes another drop
Oct 03, 2023 22:28 pm UTC| Technicals
EUR/NZD initially gained on Tuesday but rally fizzed as investors awaited RBNZ rate decision on Wednesday. The New Zealands central bank (RBNZ) will likely follow the RBA, which kept interest rates unchanged on...

FxWirePro: EUR/AUD rebounds, critical resistance lies ahead
Oct 03, 2023 19:11 pm UTC| Technicals
EUR/AUD strengthened on Tuesday as the pair rebounded from one month low after RBA held interest rates steady for a fourth month and showed no urgency to hike again. The Reserve Bank of Australia (RBA) held rates at...

FxWirePro:GBP/AUD rebounds from 2-month low following RBA's repeat hold
Oct 03, 2023 17:21 pm UTC| Technicals
GBP/ AUD rebounded from two-month low on Tuesday as Australian dollar came under pressure after the countrys central bank left interest rates unchanged. The Reserve Bank of Australia (RBA) kept rates at 4.1% after its...