FxWirePro- EURUSD Daily Outlook
May 17, 2023 08:26 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.08798 Kijun-Sen- 1.09213 EURUSD pared some of its gains despite improvement in market sentiment. US President Biden and top congressional Republican Kevin...
FxWirePro- GBPJPY Daily Outlook
May 17, 2023 06:15 am UTC| Technicals
GBPJPY is consolidating in a narrow range between 169.39 and 170.83 for the past three days. It hits an intraday high of 170.55 and is currently trading around 170.52. GBPUSD- Trend- Bearish The pound...
May 17, 2023 04:53 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $2003.52 Kijun-Sen- $2013.42 Gold prices lost more than $30 yesterday despite weak retail sales. US President Biden and top congressional Republican Kevin...
FxWirePro: GBP/NZD consolidates above 2.0000 after early fall, maintains bullish bias
May 16, 2023 22:34 pm UTC| Technicals
GBP/NZD strengthened on Tuesday after UK pay growth remained strong. Basic pay rose by 6.7% in the three months to March compared with the same period last year, picking up slightly from 6.6% in the three months to...
FxWirePro: EUR/NZD bulls rebuilding within solid at 1.7385
May 16, 2023 20:19 pm UTC| Technicals
EUR/NZD initially dipped on Tuesday but recovered ground as buying demand continued near 1.7390 level. . EUR/NZD gains near 1.7460(11DMA),consolidation likely to continue while market seeks fresh factors. Technicals...
FxWirePro:GBP/AUD steadies above 1.8750 ,retains bid tone
May 16, 2023 17:47 pm UTC| Technicals
GBP/ AUD strengthened on Tuesday after data showed UK data showed pay growth remained strong by historical standards. Basic pay rose by 6.7% in the three months to March compared with the same period last year, up from...
FxWirePro: EUR/AUD attracts buying interest, 23.6% fibonacci eyed
May 16, 2023 17:03 pm UTC| Technicals
EUR/AUD steadied on Tuesday as disappointing Chinese data, lower equity and copper prices weighed on Australian dollar. Chinas April industrial output and retail sales growth undershot forecasts, suggesting the economy...