FxWirePro- GBPJPY Daily Outlook

Jul 28, 2023 07:33 am UTC| Technicals

GBPJPY hit a multi-week low on weak Pound sterling. It hit a low of 176.40 yesterday and is currently trading around 178.25. GBPUSD- Trend- Bullish The pound sterling lost its shine on upbeat US GDP data. US...

FxWirePro- Gold Daily Outlook

Jul 28, 2023 04:37 am UTC| Technicals

Ichimoku Analysis (4- Hour chart) Tenken-Sen- $1962.43 Kijun-Sen- $1962.43 Gold lost its shine after upbeat US GDDP data. It hits a low of $1942.67 yesterday and currently trading around...

FxWirePro: GBP/AUD under pressure as early buying dries up after dovish ECB hike

Jul 27, 2023 23:21 pm UTC| Technicals

GBP/AUD declined on Thursday as sterling was negatively impacted by dovish ECB statement and upbeat US data. The European Central Bank followed the Fed on Thursday with a 25 basis point hike . A daily close below...

FxWirePro: EUR/NZD drops below 5DMA after dovish ECB hike,good to sell on rally

Jul 27, 2023 20:08 pm UTC| Technicals

EUR/NZD declined on Thursday as investors anticipated the European Central Bank was close to the end of its tightening cycle. The European Central Bank (ECB) raised interest rates for the ninth consecutive time on...

FxWirePro: EUR/AUD falls after ECB hikes rates and stresses data dependence

Jul 27, 2023 17:15 pm UTC| Technicals

EUR/AUD declined on Thursday after the European Central Bank raised interest rates to 3.75% but said any future decisions will depend on economic data. The ECB pushed its main deposit rate up 25 basis points (bps),...

FxWirePro:GBP/NZD loses momentum but outlook is bullish

Jul 27, 2023 16:50 pm UTC| Technicals

GBP/ NZD initially gained on Thursday but gave up ground as investors digested Fed, ECB meetings and looked ahead for BoE. The ECB meeting has passed, the market will likely quickly switch its focus to the BoE meeting...

FxWirePro-Major pair levels and bias summary

Jul 27, 2023 12:05 pm UTC| Technicals

Major pair levels and bias...