Dec 16, 2024 12:05 pm UTC| Digital Currency Technicals
Key Level to Monitor: $640 BNBUSD pair has consolidated in a narrow range between $649.90 and $732.50 for the past 5 days.It hit a fresh all-time high of $793 and is currently trading around $704. Overall bias...
FxWirePro-Major European Indices
Dec 16, 2024 11:52 am UTC| Technicals
Germany DAX - 20355 (-0.28%) Major resistance- 21132 Near-term resistance - 20550/21000 Minor support- 20250/20000/19800/19587/19430/19285 Trend reversal level- 17000 The pair hold above...
Dec 16, 2024 10:17 am UTC| Technicals
The EUR/JPYpared some of its gains on the weak Euro.It hit a high of 160.07 yesterday and currently trading around 159.54.The bearish intraday outlook is maintained as long as the resistance at 160.35holds. Germanys...
Dec 16, 2024 10:14 am UTC| Technicals
The GBP/JPY currency pair is consolidating in a narrow range between 195 and 192.84 for the past two days.It is currently trading at approximately 194.21.Notably, the Potential Reversal Zone (PRZ) is set at 200.20,...
FxWirePro: USD/ JPY consolidating around 153.50, room for further gains
Dec 16, 2024 07:52 am UTC| Technicals
The USD/JPY consolidated around 153.50 on Monday as investors looked ahead to this weeks Bank of Japan rate decision. Traders have almost completely priced out the possibility of a 25 basis point rate hike at the BOJs...
FxWirePro: USD/CNY steady start to week as trend higher continues
Dec 16, 2024 06:29 am UTC| Technicals
USD/CNY strengthened on Monday as the yuan weakened, following Chinas central banks pledge to stabilize the currency amid falling bond yields and capital outflows. The yuan is likely to experience greater downward...