FxWirePro : GBP/AUD set for bigger drop, but close below key fibo needed
Sep 26, 2023 23:59 pm UTC| Technicals
GBP/AUD eased on Tuesday as dovish BoE rate outlook kept sterling on the back foot. BoE has almost certainly reached the end of its campaign of raising interest rates, after the central bank last week left monetary...
FxWirePro:GBP/NZD slips below 2.0500, shorts in control into month-end
Sep 26, 2023 23:48 pm UTC| Technicals
GBP/NZD declined below 2.0500 level on Tuesday as sterlings bearish streak continued on Bank of Englands dovish stance. The Bank of England has concluded its tightening cycle and will likely keep the Bank Rate at...
FxWirePro:EUR/AUD capped by 9DMA, good to sell on rally
Sep 26, 2023 19:34 pm UTC| Technicals
EUR/AUD edged higher on Tuesday but gains were limited as jitters about an economic downturn in the euro zone persisted. Pair traded in 1.6470/1.6550 range and was last trading at 1.6527 in the US afternoon...
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Sep 26, 2023 17:02 pm UTC| Technicals
EUR/NZD dipped on Tuesday as concerns about Eurozone economy weighed on the pair. By 16:54 GMT, the pair was down 0.02% at $1.7746.Lowest level since Aug 1st 2023 EUR/NZD is likely to maintain its downward move as...
FxWirePro:GBP/NZD sustains Friday's losses, as downtrend builds
Sep 26, 2023 01:22 am UTC| Technicals
GBP/NZD declined on Monday as sterling continued to weaken on last weeks Bank of Englands dovish stance. The BOE kept rates on hold last week the first meeting at which it had done so since December 2021 on the back...
FxWirePro:EUR/NZD falls below 1.7750, bears keep the advantage
Sep 25, 2023 20:59 pm UTC| Technicals
EUR/NZD declined on Monday as euro attracted sellers after data showed German business morale deteriorated in September, falling for a fifth month in a row. The Ifo institute said its business climate index stood at...
FxWirePro:EUR/AUD outlook weaker on renewed downside pressure
Sep 25, 2023 17:45 pm UTC| Technicals
EUR/AUD declined further on Monday as bearish influences from German data and Fed and ECB rhetoric pile on. German business sentiment worsened in September, reflected in the fall in the Ifo to 85.7 from 85.8 in August,...
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