
Feb 28, 2025 11:20 am UTC| Technicals
The currency pair recovered more than 100 pips after Trump announced new tariff measures. It hit an low of 0.89121 and is currently trading around 0.9020.The intraday bias appears to be bullish as long as thesupport of...

FxWirePro: USD/JPY gains some ground but outlook still bearish
Feb 28, 2025 11:02 am UTC| Technicals
USD/JPY regained some ground on Friday as recovery was mainly fueled by short-covering as traders adjusted their positions ahead of the month-end. On the data front, Japans core consumer prices in Japans capital rose...

Feb 28, 2025 10:30 am UTC| Technicals
Germany DAX - 22454 (0.22%) Major resistance- 23500 Near-term resistance -22850/23000 Minor support- 22000/21740/21670/21450/21000/20740/20580/20370/20200. Trend reversal level- 17000 The...

Hammer Forges a Bottom? EUR/JPY Eyes Reversal
Feb 28, 2025 10:13 am UTC| Technicals
Candlestick pattern- Hammer pattern The EUR/JPYjumped slightly after a massive sell-off. It hits an intraday low of 154.79 and is currently trading around 156.55.The intraday outlook is bullish as long as the...

Feb 28, 2025 08:31 am UTC| Technicals
The GBP/JPY showed a minor pullback as the yen showed a minor sell-off.It hit an intraday low of 187.68 and is currently trading around 189.36. Intraday trend is bearish as long as resistance support 190 holds. Tokyo...

FxWirePro: USD/CNY strengthens as China's yuan dips on tariff fears
Feb 28, 2025 06:27 am UTC| Technicals
USD/ CNY strengthened on Friday as Chinas yuan slipped on back of U.S. President Donald Trumps latest tariff comments. Trump announced that 25% tariffs on Mexican and Canadian goods, along with a 10% duty on Chinese...