
FxWirePro: AUD/ USD neutral in the near-term, scope for downward resumption
Feb 12, 2025 05:45 am UTC| Technicals
AUD/USD edged lower on Wednesday as US dollar gained some traction ahead of key U.S. inflation report. The U.S. Consumer Price Index (CPI) report is due at 1330 GMT later in the day. The CPI likely rose 0.3% in...

FxWirePro: GBP/NZD rebounds, critical resistance lies ahead
Feb 12, 2025 00:54 am UTC| Technicals
GBP/NZD rebounded strongly on Tuesday as investors shrugged off increased U.S. tariff noise. Consumer price data for January due on Wednesday is this weeks main U.S. economic release and is expected to show inflation...

FxWirePro: GBP/AUD capped by 5-SMA, good to sell on rally
Feb 12, 2025 00:44 am UTC| Technicals
GBP/ AUD recovered some ground but gains were limited as investors awaited economic data on both sides of the Atlantic. Markets are gearing up for U.S. inflation data on Wednesday and British gross domestic product...

FxWirePro: EUR/AUD getting back on track for run towards 1.6500 level
Feb 12, 2025 00:32 am UTC| Technicals
EUR/AUD initially dipped but recovered some ground as traders waited on more concrete information regarding potential trade tariffs by U.S. President Donald Trump. Traders are growing less responsive to tariff news,...

FxWirePro: USD/CAD changes short term trend from neutral to bearish
Feb 11, 2025 21:56 pm UTC| Technicals
USD/CAD dipped on Tuesday as higher oil prices and weaker greenback boosted Canadian dollar. The price of oil, a key Canadian export, increased for the third consecutive day as sanctions heightened concerns over...

FxWirePro: USD/MXN runs out of steam but maintains bullish outlook
Feb 11, 2025 16:51 pm UTC| Technicals
USD/MXN eased on Tuesday as markets grew less sensitive to U.S. tariff threats, with investors awaiting inflation data on Wednesday. A White House official confirmed the 25% tariffs on steel and aluminium imports will...