FxWirePro: EUR/NZD gains some upside momentum but still bearish
Dec 18, 2023 23:02 pm UTC| Technicals
EUR/NZD initially gained on Monday but gains faded as the pair was weighed down by data showing weak German Ifo data. The Ifo institute reported that its business climate index stood at 86.4, falling short of analysts...

Fxwirepro: EUR/AUD capped by 38.2%fib fibonacci, good to sell on rally
Dec 18, 2023 22:38 pm UTC| Technicals
EUR/AUD erased earlier gains on Monday as worse-than-expected German Ifo data weighed on euro. German business sentiment took an unexpected downturn in December. The institutes most recent survey indicated a decline in...

FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption
Dec 18, 2023 18:36 pm UTC| Technicals
GBP/AUD initially dipped on Monday but recovered some of the ground as investors awaited Wednesdays UK inflation . Investors are awaiting UK CPI data on Wednesday, which is expected to validate the BoEs hawkish...

FxWirePro: GBP/ NZD key support held, downside risk remains
Dec 18, 2023 17:50 pm UTC| Technicals
GBP/NZD initially dipped on Monday but recovered some ground as investors focus shifted to UK inflation data on Wednesday. UK CPI inflation is scheduled to be released on Wednesday and is projected to be 4.4% year on...

FxWirePro-Major pair levels and bias summary
Dec 18, 2023 12:02 pm UTC| Technicals
Major pair levels and bias...
FxWirePro: Forex Weekly Update
Dec 18, 2023 04:34 am UTC| Technicals
The US dollar index direction was determined by previous Fed monetary policy. The policymaker kept its rates unchanged as expected and trimmed the forecast of GDP growth and inflation. Fed dot plot shows that there will 3...

FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside
Dec 16, 2023 00:09 am UTC| Technicals
GBP/AUD declined on Friday as slightly stronger Australian dollar and mixed UK PMI data weighed on sterling. Next week market participants will be closely observing the inflation data in the UK and the core personal...