FxWirePro- GBPJPY Daily Outlook

May 01, 2023 07:51 am UTC| Technicals

GBPJPY was one of the best performers the previous week and hits 6 months high on weak Yen. It hits an intraday high of 172.09 and is currently trading around 171.597. GBPUSD- Trend- Bullish The pound sterling...

FxWirePro- Gold Weekly Outlook

May 01, 2023 05:23 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Ichimoku Analysis (4-hour chart) Tenken-Sen- $1926.78 Kijun-Sen- $1832.75 Gold prices traded in a narrow range between $2015 and $1969 for the past three weeks....

FxWirePro: EUR/AUD bull lose traction, cannot Add to overnight gains

Apr 28, 2023 23:15 pm UTC| Technicals

EUR/AUD initially gained upto 1.6714 but gave up ground after data showed euro zone grew only marginally in the first three months of 2023. Gross domestic product in the euro zone expanded by 0.1% in the first quarter,...

FxWirePro: GBP/AUD buoyance keeps consolidation intact ,good to buy on dips

Apr 28, 2023 17:11 pm UTC| Technicals

GBP/AUD strengthened on Friday as risk sensitive pound steadied ahead Bank of England meeting. Economists polled expect the BoE to raise rates by a further quarter point on May 11 to 4.5%raders lean on hawkish BoE...

FxWirePro:GBP/ NZD consolidating around 2.0350, room for further gains

Apr 28, 2023 16:39 pm UTC| Technicals

GBP/ NZD strengthened on Friday as the pair shrugged off forecast-beating U.S. PCE and employment cost data Upcoming central bank meetings, specifically Fed May 3rd, Bank of England May 11th are in focus. At GMT...

Fxwirepro: EUR/NZD bulls back away from 1.8050 level as focus shifts to Eurozone economic data

Apr 27, 2023 23:58 pm UTC| Technicals

EUR/ NZD dipped on Thursday as investors awaited Fridays euro zone GDP data . Euro zone GDP data is a key risk for Friday.An upside surprise is likely to send EUR/ NZD sharply higher The pair was trading at...

FxWirePro:GBP/AUD uptrend looks tired, but continues to hold

Apr 27, 2023 19:48 pm UTC| Technicals

GBP/AUD initially dipped on Thursday but recovered some of the ground as buying demand continued near 1.8840 level. The pair hit daily low at 1.8809, it last trading at 0.19% at 1.8842. Technical signals are...