GBP/JPY: Navigating Gains and Setbacks Amid Weak Pound and PMI Declines!
Oct 24, 2024 11:07 am UTC| Technicals
The GBP/JPY pared some of its gains on weak pound sterling. The pair breaks the significant resistance of 196 after a long consolidation and hits multi high of 198.44 and is currently trading around 195.901. The UK...
FxWirePro- Woodies Pivot Point (Major pair)
Oct 24, 2024 07:15 am UTC| Technicals
Woodies Pivot Point (Major...
FxWirePro: NZD/ USD pauses decline, downside risk remains
Oct 24, 2024 06:16 am UTC| Technicals
NZD/ USD traded near 0.6000 level on Thursday as dollar held firm traders tempered U.S. rate cut expectation and considered the possibility of a second Trump presidency. the Reserve Bank of New Zealand Governor Adrian...
FxWirePro : AUD/USD pauses downside momentum, remains near two month low
Oct 24, 2024 06:01 am UTC| Technicals
AUD/USD edged higher but gains were limited on Thursday as the greenback remained bid driven by expectations of more cautious Federal Reserve rate cuts and increasing bets on a Trump victory . Strong U.S. data and...
FxWirePro:GBP/ AUD uptrend loses steam but outlook still bullish
Oct 23, 2024 23:52 pm UTC| Technicals
GBP/AUD retreated from daily high on Wednesday as the pair rise faded amid diminishing BoE rate hike expectations. Soft UK data and central bank rhetoric has shifted BoE policy expectations to more-dovish BoE rate...
FxWirePro: EUR/AUD bulls prepare to target key fibonacci resistance
Oct 23, 2024 23:38 pm UTC| Technicals
EUR/AUD advanced above 1.6250 level as risk aversion and falling commodity prices pressured Australian dollar. Oil prices fell after data showed U.S. crude inventories rose by more than expected even as refining...
FxWirePro:GBP/NZD runs out of steam but maintains bullish outlook
Oct 23, 2024 23:22 pm UTC| Technicals
GBP/ NZD initially gained on Wednesday but gave up some ground as upcoming UK budget and the U.S. presidential election prompted investors to stau away from risky assets. The Bank of England meets in two weeks to take...
FxWirePro- Major Economic events for the day
Australia's CPI Soars: Inflation Insights for November 2024
FxWirePro- Major Economic events for th day
FxWirePro-Major Economic events for the week
China's Services Sector Soars: December PMI Hits Highest Level Since June
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