
FxWirePro- Major European Indices
May 15, 2025 09:33 am UTC| Technicals
Germany DAX - 23472 (-0.21%) Major resistance- 24000 Near-term resistance 24000/24345/24500. Minor support - 23350/23500/23380/23200/23080/22900/22780/22500. Trend reversal level- 17000 The pair...

EUR/JPY Under Pressure: Yen Strength Signals Further Declines
May 15, 2025 08:37 am UTC| Technicals
EUR/JPYlost its shine as the yen gained momentum. It hit a high of 165.12 and is currently trading around 163.28. Intraday outlook is bearish as long as the resistance 165 holds. Technical Analysis: The EUR/JPY pair...

GBP/JPY Plummets: Yen Strength Dominates, Bearish Trend Confirmed
May 15, 2025 08:33 am UTC| Technicals
GBP/JPYdeclined sharply on board-based yen buying..It hit a high of 196.41 yesterday and is currently trading around 193.68. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair is trading below...

FxWirePro: GBP/USD moved higher on the back of upbeat UK GDP data
May 15, 2025 07:55 am UTC| Technicals
GBP/USD strengthened on Thursday after data showed the British economy grew faster than expected in March. UK economy grew faster than expected in early 2025, boosting finance minister Rachel Reeves, but challenges...

FxWirePro: USD/CNY downside pressure builds, key support level in focus
May 15, 2025 06:53 am UTC| Technicals
USD/CNY eased on Thursday as dollar dipped as trader looked upcoming U.S. data and Fed Powell speech later in the day. The upcoming US data including the Producer Price Index (PPI), Jobless Claims, and Retail Sales,...

FxWirePro: USD/JPY dips amid dollar weakness, market await top-tier U.S. data
May 15, 2025 06:16 am UTC| Technicals
USD/JPY dipped on Thursday as the dollar weakened ahead key U.S. data and Fed Chair Powells speech. Focus is on several key upcoming economic reports scheduled for Thursday, including the U.S. Producer Price Index...

FxWirePro: NZD/USD runs out of steam but maintains bullish outlook
May 15, 2025 04:56 am UTC| Technicals
NZD/USD edged lower on Thursday as investors looked for clarity on potential trade deals amid easing US-China tensions . Progress on a trade deal between the U.S. and China gave markets some reason to cheer, the lack...