
Mar 20, 2025 12:49 pm UTC| Technicals
The pair pared some of its gains after the BOE monetary policy. Intraday bias remains bearish as long as resistance 0.8450 holds. It hit an intraday low of 0.83600 and is currently trading around 0.83677. On March 20,...

FxWirePro-Major European Indices
Mar 20, 2025 11:44 am UTC| Technicals
Germany DAX - 23206 (-0.24%) Major resistance- 23820/24000 Near-term resistance -23500/23800 Minor support - 22800/22645/22490/22200/21735/21500. Trend reversal level- 17000 The pair holds...

FxWirePro: USD/CNY uptrend resumes rise towards key fibo
Mar 20, 2025 10:33 am UTC| Technicals
USD/CNY strengthened on Thursday as yuan weakened after China sets its official midpoint rate at the weakest in two months. Prior to the market opening, the Peoples Bank of China set the midpoint rate , around which...

FxWirePro: USD/ZAR rebounds, critical resistance lies ahead
Mar 20, 2025 10:20 am UTC| Technicals
USD/ZAR rose on Thursday as markets digested the U.S. Federal Reserves decision to hold interest rates steady and lower the nations growth forecast on Wednesday. The risk-sensitive rand has been hit by a national...

FxWirePro: GBP/USD eases on cooler UK pay growth before BoE event risk
Mar 20, 2025 09:53 am UTC| Technicals
GBP/ USD eased slightly on Thursday as investors digested UK wage data and waited for a Bank of England decision on rates later in the day. Traders expect the Bank of England to keep rates at 4.5% at 1200 GMT, as it...

USD/CHF Reacts to SNB Rate Cut: A Bearish Outlook Prevails
Mar 20, 2025 09:33 am UTC| Technicals
The currency pair gained sharply after SNB cut rates by 25 bpbs. It hit an intraday high of 0.88276and is currently trading around 0.88185.The intraday bias appears to be bearish as long as theresistance 0.9000holds. On...