GBPJPY Intra day trade idea (Asian session update)
Aug 29, 2024 03:26 am UTC| Technicals
GBPJPY has been under consolidation for the past two days with intraday bias neutral. It hit a low of 190.25 and is currently trading around 190.83. The Japanese yen showed a minor weakness ahead of US GDP. BOJ...
FxWirePro: EUR/NZD heads deeper into bear territory,good to sell on rally
Aug 28, 2024 20:32 pm UTC| Technicals
EUR/NZD dropped sharply on Wednesday as the euro faced selling pressure ahead of the Eurozones August inflation data later in the week. A crucial inflation report for the Eurozone is due on Friday, and investors will be...
FxWirePro : GBP/NZD threatens 38.2% fib after fall below 2.1200 handle
Aug 28, 2024 19:58 pm UTC| Technicals
GBP/NZD dipped on Wednesday as sterling retraced some of its earlier gains against the kiwi dollar. The pound slipped 0.37% to 2.1127, having climbed to its strongest level since August 26th high at 2.1269 on...
FxWirePro:GBP/AUD downside pressure builds, key support level in focus
Aug 28, 2024 18:32 pm UTC| Technicals
GBP/AUD declined on Wednesday as stronger than expected Australian CPI data gave support to Australian dollar. On Wednesday, data from the Australian Bureau of Statistics revealed that the Consumer Price Index (CPI)...
FxWirePro:EUR/AUD extends drop, faces 38.2 %fib support
Aug 28, 2024 18:03 pm UTC| Technicals
EUR/AUD declined on Wednesday as the Australian dollar gained strength against the euro following data that showed a slight increase in the Australian CPI for July. Data from the Australian Bureau of Statistics on...
FxWirePro: USD/ CAD rebounds from 5-month low ,outlook bullish
Aug 28, 2024 16:56 pm UTC| Technicals
USD/CAD strengthened on Wednesday as dollar rebounded ahead of the release of key economic data . Traders will be focused on upcoming U.S. inflation data to help determine the Feds policy trajectory and the direction...
FxWirePro: EUR/USD drifts lower, as dollar finds broad support
Aug 28, 2024 16:10 pm UTC| Technicals
EUR/USD declined on Wednesdays as stronger dollar and uncertainty ahead key economic data from Eurozone and US weighed on euro. Investors await the release of euro zone August inflation data later in the week, which...