FxWirePro:GBP/NZD downside pressure Is building, scope for sustained break below 50%fib support
May 10, 2023 18:21 pm UTC| Technicals
GBP/NZD declined on Wednesday as the pair was dragged lower after data showed U.S. consumer prices in April rose at a slower-than-expected pace. The Consumer Price Index rose 0.4% after gaining 0.1% in March, the...
FxWirePro: EUR/NZD drifts lower, could be on verge of a bigger drop
May 10, 2023 16:59 pm UTC| Technicals
EUR/NZD declined on Wednesday as the pair attracted sellers after data showed U.S. inflation slowed more than expected. The pair is approaching 61.8%fib,a daily close below will accelerate towards 1.7150 in the short...
FxWirePro- Major pair levels and bias summary
May 10, 2023 12:50 pm UTC| Technicals
Major pair levels and bias...
FxWirePro- BTCUSD Daily Outlook
May 10, 2023 10:16 am UTC| Technicals
BTCUSD is trading in a narrow range ahead of US CPI data. Markets expect inflation to rise by 0.40% m/m from 0.10% the previous month. Any lower-than-expected US CPI will push BTC prices above $30000. BTC hits a low of...
May 10, 2023 09:25 am UTC| Technicals
Pair Value Recommendation EURUSD -213.07 Sell EURGBP -428.60 Strong Sell EURUSD Major resistance- 1.1000 Near-term support- 1.0930 Trend reversal...
FxWirePro- EURUSD Daily Outlook
May 10, 2023 08:56 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- 1.09851 Kijun-Sen- 1.10163 EURUSD is trading well below 1.1000 ahead of US CPI data. The single currency pared most of the gains the previous month despite...
FxWirePro- GBPJPY Daily Outlook
May 10, 2023 07:49 am UTC| Technicals
GBPJPY showed a nice pullback on the weak yen. It hits an intraday high of 171.17 and is currently trading around 171.03. GBPUSD- Trend- Bullish The pound sterling holds above 1.2600 ahead of US CPI data. Any jump in...