FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(European Session)
Jun 18, 2025 12:42 pm UTC| Technicals
4-Hour 8-hour Major resistance Major Support Trend...

UK CPI Fuels BOE Rate Cut Hopes: EURGBP Reacts
Jun 18, 2025 12:34 pm UTC| Technicals
EURGBP holds above 0.8550 as weak UK CPI increased the chance of a rate cut by the BOE in the near term. Intraday bias remains bullish as long as support 0.8480 holds. It hits an intraday high of 0.85601 and is currently...

FxWirePro: GBP/USD edges higher after UK inflation data, focus on Fed, BoE meetings
Jun 18, 2025 11:34 am UTC| Technicals
GBP/USD edged higher on Wednesday as investors digested UK inflation data and looked ahead to central bank meetings in the U.S. and UK. British inflation slowed in May, with a notable decline in services price...

FxWirePro: USD/ZAR trends higher, but faces potential pitfalls
Jun 18, 2025 11:22 am UTC| Technicals
USD/ZAR firmed on Wednesday as investors absorbed South Africas inflation data and looked ahead to the U.S. Federal Reserves interest rate decision later in the day. Attention remains on the Feds two-day meeting later...

FxWirePro:USD/JPY attracts selling interest, vulnerable to more downside
Jun 18, 2025 11:03 am UTC| Technicals
USD/JPY edged lower on Wednesday as greenback was pressured by growing investor unease over the escalating conflict in the Middle East. Iran-Israel conflict entered day six, with U.S. deploying more fighter jets to...

USDCHF: Fed Bounce or Further Gains?
Jun 18, 2025 09:26 am UTC| Technicals
Due to a weaker Euro, there was also some weakness in the EUR/JPY currency pair. It bounced back quickly after reaching the 166.70 level, which was once a challenging barrier to cross but is now essentially lying there...