FxWirePro: USD/ZAR rises above 1.8000 as rand falls in risk-off move after Russia warning
Nov 19, 2024 14:26 pm UTC| Technicals
USD/ZAR strengthened on Tuesday as investors pulled back from riskier assets following heightened tensions between Russia and the United States over Ukraine. On Tuesday, President Putin approved an updated nuclear...
FxWirePro- Major European Indices
Nov 19, 2024 12:58 pm UTC| Technicals
Germany DAX - 18982 (-1.09%) Major resistance- 20000 Near-term resistance - 19300/19440/19500. Minor support- 18800/18600 Trend reversal level- 17000 The pair holds below short-term (34 EMA,...
FxWirePro-Major pair market sentiment (CCI-ADX-EMA Setup) (European Session)
Nov 19, 2024 10:59 am UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...
Nov 19, 2024 08:56 am UTC| Technicals
EUR/JPYpared most of its gains on the strong yen. It hit a low of 161.98 at the time of writing and is now trading around 162.240.The intraday outlook is bearishas long as the resistance of 165.10 holds. Japans Finance...
FxWirePro: USD/ JPY attracts selling interest, vulnerable to more downside
Nov 19, 2024 08:51 am UTC| Technicals
USD/JPY declined on Tuesday as the U.S. dollar pulled back following last weeks strong rally. The greenback has risen over 2% this month, driven by lowered expectations of large Federal Reserve rate cuts and concerns...
Nov 19, 2024 08:39 am UTC| Technicals
The GBP/JPY currency pairrecovered more than 100 pips after forming a double bottom around 194.30.It hits a high of 196.15 and is currently trading around 195.21.The Potential Reversal Zone (PRZ) is set at 200.20. The...
FxWirePro: USD/CNY consolidating around 7.237 , room for further gains
Nov 19, 2024 08:20 am UTC| Technicals
USD/CNY steadied around 7.240 level on Tuesday as concerns over potential US tariffs continue to cloud Chinese currency. The yuan has weakened amid fears that Donald Trumps return to the White House could lead to...
Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%