FxWirePro- Woodies Pivot Point (Major pairs)
Sep 20, 2024 02:29 am UTC| Technicals
Woodies Pivot Point (Major...
FxWirePro : EUR/NZD neutral in the near-term, scope for downward resumption
Sep 20, 2024 00:33 am UTC| Technicals
EUR/NZD initially dipped but recovered some ground as investors digested Wednesdays Fed Reserve rate cut and a series of central bank policy meetings Thursday. Positive U.S. data boosted investor sentiment, featuring...
FxWirePro : GBP/NZD rebounds, critical resistance lies ahead
Sep 20, 2024 00:15 am UTC| Technicals
GBP/NZD initially dipped but recovered ground as investors reacted to Bank of England rate decision. The Bank of England maintained interest rates at 5% on Thursday, with the Monetary Policy Committee voting 8-1 to...
FxWirePro: EUR/AUD falls To two-week low with plenty more downside potential
Sep 19, 2024 18:11 pm UTC| Technicals
EUR/AUD fell sharply on Thursday as higher commodities prices and upbeat Australian employment boosted Australian dollar across the board. Net employment increased by 47,500 in August compared to July, according to the...
FxWirePro: USD/ZAR downside pressure builds, key support level in focus
Sep 19, 2024 16:36 pm UTC| Technicals
USD/ZAR slipped lower on Thursday as South African rand firmed further against greenback after South Africas central bank cut its main interest rate. The South African Reserve Bank (SARB) reduced its main lending rate...
Sep 19, 2024 16:24 pm UTC| Technicals
SP 500- 5631 (1.62%) Major resistance- 5765 Near-term resistance - 5725 and 5765 (161.% fib) Minor support- 5620,5573 (23.6% fib), 5520 Trend reversal level- 5485 The pair holds above...
FxWirePro: USD/ CAD heads deeper into bear territory, 23.6%fib eyed
Sep 19, 2024 16:19 pm UTC| Technicals
USD/ CAD declined below 1.3600 level on Thursday as higher commodities price and weaker dollar boosted Canadian dollar. Greenback dipped after the Federal Reserve cut its interest rate by 50 basis points and revised its...