Dec 23, 2024 12:15 pm UTC| Technicals
EURGBP showed aminor pullback after UK GDP data.Intraday bias remains bullish as long as support0.8220holds. It hit a low of 0.82776 at the time of writingand is currently trading around 0.82966. The final GDP figures...
FxWirePro: USD/ZAR gear up for next leg higher, eyes 18.600 level
Dec 23, 2024 12:10 pm UTC| Technicals
USD/ZAR strengthened on Monday as South Africas rand weakened in a thin trading session ahead of the year-end. The rand experienced significant volatility last week following the U.S. Federal Reserves announcement on...
Dec 23, 2024 12:02 pm UTC| Technicals
The currency pairrecovered more than 50 pips after a minor sell-off.Intraday bias remains bullish as long as the support level at 0.8890 holds. The pair reached a low of 0.89158and is currently trading around...
FxWirePro- Major European Indices
Dec 23, 2024 11:48 am UTC| Technicals
Germany DAX - 19887 (0.03%) Major resistance- 21132 Near-term resistance -20000/20257/20500/21000 Minor support- 19760/19587/19430/19285 Trend reversal level- 17000 The pair hold below...
FxWirePro: USD/CNY consolidates around 7.298, maintains bullish bias
Dec 23, 2024 10:30 am UTC| Technicals
USD/CNY strengthened on Monday as widening yield differential between the U.S. and China continued to exert pressure on the yuan . Yields on Chinas long-term government bonds, including the 10-year, 30-year, and...
Dec 23, 2024 09:14 am UTC| Technicals
The EUR/JPYpared some of its gains on the strong yen. It hit a high of 163.80 yesterday and currently trading around 162.97.The bullishintraday outlook is maintained as long as the support of 159.80holds. In a recent...