
CAD/JPY Dips After Weak Jobs Data: Is a Rebound Coming?
May 09, 2025 13:30 pm UTC| Technicals
CAD/JPYdeclined slightly after the Canadian jobs data. It hit a high of 104.94 yesterday and is currently trading around 104.26. Canadas jobs market was nearly stagnant in April 2025, generating a paltry 7,400 jobs, as...

EURGBP Bearish Bias: Bailey's Words Weigh on the Pound
May 09, 2025 13:07 pm UTC| Technicals
EURGBP Bearish Bias: Baileys Words Weigh on the Pound EURGBP pared some of its gains after a minor pullback. Intraday bias remains bearish as long as resistance 0.8550 holds. It hit an intraday low of 0.84580 and is...

FxWirePro: GBP/USD GBP/USD holds steady on UK-U.S. trade deal optimism
May 09, 2025 11:00 am UTC| Technicals
GBP/USD steadied around 1.3265 on Friday as sterling supported by the announcement of a breakthrough trade deal between Britain and the U.S. U.S. President Donald Trump and British Prime Minister Keir Starmer announced...

USDCHF Rallies on Dollar Strength: Bulls Eye 0.8500
May 09, 2025 10:34 am UTC| Technicals
USDCHF gained sharply on board-based US dollar buying. It hit an intraday high of 0.83403 and is currently trading around 0.83160.Intraday bias appears to be bullish as long as thesupport 0.8180 holds. For the week of...

FxWirePro: USD/ZAR dips below lower range, bearish bias increases
May 09, 2025 10:19 am UTC| Technicals
USD/ZAR edged lower Friday as focus shifted to U.S.-China trade talks, with a U.S.-UK deal boosting hopes for broader tariff progress with other countries. Trump downplayed the UK deal as a model for other talks, ahead...

FxWirePro: USD/CNY neutral in the near-term, scope for downward resumption
May 09, 2025 10:02 am UTC| Technicals
USD/CNY dipped on Friday as investors awaited weekend U.S.-China tariff talks for signs of easing trade tensions. Beijing and Washington officials will meet in Switzerland on Saturday, with markets hoping for progress...