
Feb 05, 2025 14:45 pm UTC| Technicals
The currency pairpared most of the gains on board-based US dollar selling. It hit an intraday low of 0.90290 and is currently trading around 0.90316.The intraday bias appears to be bearish as long as theresistance...

FxWirePro: GBP/USD rallies to one- month high, good to buy on dips
Feb 05, 2025 12:21 pm UTC| Technicals
GBP/USD rose to a one-month high on Wednesday as the dollar retreated, with markets focused on tariff news from the White House. The dollar dropped on Tuesday after data showed U.S. job openings fell by 556,000 to 7.6...

FxWirePro- Major European Indices
Feb 05, 2025 11:18 am UTC| Technicals
Germany DAX - 21505 (-0.05%) Major resistance- 23500 Near-term resistance -21600/21825/22000 Minor support- 21000/20740/20580/20370/20200. Trend reversal level- 17000 The pair holds below...
FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(European Session)
Feb 05, 2025 11:10 am UTC| Technicals
4-Hour 8-hour Major resistance Major Support Trend...

Feb 05, 2025 11:03 am UTC| Technicals
CAD/JPYshowed a minor sell-off due to the strong yen. It hit a high of 108.02 yesterday and is currently trading around 107.10. On February 4, 2025, when President Donald Trump declared that he was stopping tariffs...

Feb 05, 2025 10:21 am UTC| Technicals
The EUR/JPYdeclined slightly on board-based yen buying. It hit a low of 158.93 and is currently trading around 159.30.The intraday outlook is bearish as long as the resistance 163 holds. The European Commission is...

FxWirePro: USDCNY uptrend resumes rise as yuan falls on concerns over tariff threats
Feb 05, 2025 10:17 am UTC| Technicals
USD/CNY strengthened on Wednesday as Chinas yuan weakened amid a new trade dispute between the U.S. and China. Beijing imposed tariffs on U.S. imports Tuesday in response to new U.S. duties on Chinese goods, reigniting...