FxWirePro: GBP/NZD pauses downside momentum, remains below 2.1100 handle
Sep 30, 2024 22:38 pm UTC| Technicals
GBP/NZD initially dipped lower but recovered some ground as traders were awaiting more data to fuel another round of gains. Todays UK GDP, home prices and business investment data did little to change views on the Fed...
FxWirePro: GBP/AUD dips below lower range, bearish bias increases
Sep 30, 2024 22:23 pm UTC| Technicals
GBP/AUD fell on Monday as Australian dollar was bolstered by Chinas economic stimulus measures and higher iron prices. Risk sentiment had flourished this month after the U.S. Federal Reserve eased its monetary policy,...
FxWirePro: EUR/NZD downside pressure builds, key support levels in focus
Sep 30, 2024 17:54 pm UTC| Technicals
EUR/NZD slipped lower on Monday as China stimulus and increased risk sentiment boosted kiwi dollar. On the data front, New Zealands ANZ business confidence rose to 60.9 in September, up from 50.6 in August and far...
FxWirePro: EUR/AUD maintains bearish bias with focus on 1.6000level
Sep 30, 2024 15:08 pm UTC| Technicals
EUR/AUD slipped lower on Monday as recent Chinas stimulus measures and higher iron ore prices boosted Australian dollar. Investors are now focused on upcoming Australian economic reports this week, including the...
FxWirePro: GBP/USD runs out of steam but maintains bullish outlook
Sep 30, 2024 14:29 pm UTC| Technicals
GBP/USD initially gained on Monday but gave up some ground as investors digested UK GDP data. Britains economy grew more slowly than previously thought in the second quarter.Economic output expanded by 0.5% in the...
FxWirePro: USD/ CNY edges higher but outlook still bearish
Sep 30, 2024 14:01 pm UTC| Technicals
USD/ CNY edged higher on Monday as investors squared their positions on the last trading day before the week-long Golden Week holiday that starts on Tuesday. Chinas financial markets will be closed for the long break...
FxWirePro- Major Pair levels and bias summary
Sep 30, 2024 13:07 pm UTC| Technicals Digital Currency
Major Pair levels and bias...