FxWirePro-Major European Indices
Sep 26, 2024 08:15 am UTC| Technicals
Germany DAX - 19140 (1.17% ) Major resistance- 20000 Near-term resistance - 19200,19600 Minor support- 18800,18660, 18610,18538,18490, 18434(200- 4H EMA) Trend reversal level- 17000 The...
FxWirePro- Buy EURUSD on dips (15 min trading strategy for intraday)
Sep 26, 2024 07:30 am UTC| Technicals
EURUSDdeclined sharply after a jump above 1.1200. It hit a low of 1.1120yesterday and is currently trading around 1.11535. Intraday bias remains bullish as long as support 1.1120 holds. Technicals- The pair is...
FxWirePro: NZD/JPY upbeat risk helps longs retain control
Sep 26, 2024 06:06 am UTC| Technicals
NZD/JPY steadied on Thursday as China optimism continued support risk-sensitive kiwi dollar. On Wednesday, Chinas central bank cut medium-term loan costs for banks, following plans to lower borrowing costs, inject more...
FxWirePro: AUD/ JPY bulls reclaim momentum in bid for 100.00 level
Sep 26, 2024 05:48 am UTC| Technicals
AUD/ JPY gained strength on Thursday as more news of China stimulus boosted risk sensitive Australian dollar. In a bid to stimulate domestic demand, China unveiled plans to distribute one-time financial assistance to...
EURJPY-Buy above 161.67 (15 min trading strategy for intraday)
Sep 26, 2024 05:41 am UTC| Technicals
EURJPY pared some of its gains on weak Euro. It hit a low of 160.85yesterday and is currently trading around 161.32. Intraday bias remains bullish as long as support 160.80 holds. Technicals- The pair is trading...
FxWirePro: AUD/USD positions for another climb, eyes 0.6900 level
Sep 26, 2024 05:20 am UTC| Technicals
AUD/ USD rebounded from overnight losses on Thursday as risk assets rallied on more news of China stimulus. News report revealed Chinese authorities are evaluating a $142 billion infusion to assist major lenders,...
FxWirePro: USD/ CNY remains weak, eyes 7.000 level
Sep 26, 2024 05:05 am UTC| Technicals
USD/ CNY inched lower on Thursday as Chinas yuan gained strength supported by positive investor sentiment on a report that more stimulus could be rolled out. Chinas yuan has appreciated approximately 0.6% against the...