
GBP/JPY Feels the Squeeze: Yen Strength Dominates
Feb 24, 2025 14:01 pm UTC| Technicals
The GBP/JPYtrades weak on the strong yen. It hit an intraday low of 188.15 and is currently trading around 189.308. Intraday trend is bearish as long as resistance support 190 holds. JGB Yields Soar: A Testament to...

Feb 24, 2025 12:54 pm UTC| Technicals
The EUR/JPYshowed a minor pullback after forming a minor bottom of 155.80.B. It hit a low of 156.31 and is currently trading around 156.71.The intraday outlook is bearish as long as the resistance 160.25 holds. The...

FxWirePro: USD/ZAR pauses decline, downside risk remains
Feb 24, 2025 11:25 am UTC| Technicals
USD/ZAR initially gained on Monday but gave up ground as traders awaited South African and US economic data . South African inflation data for January will be released on Wednesday, with expectations for year-on-year...

FxWirePro: GBP/USD hovers near two-month high , outlook bullish
Feb 24, 2025 10:58 am UTC| Technicals
GBP/USD hovered near two-month high on Monday as investors looked ahead of speeches from several BoE policymakers. This week, the UK has limited economic data releases, with the key event being the Monetary Policy...

FxWirePro: USD/CNY dips as dollar weakens on U.S. growth concerns
Feb 24, 2025 10:08 am UTC| Technicals
USD/CNY dipped on Monday as dollar weakened on mounting worries over the growth outlook of the U.S. economy. Data on Friday showed U.S. business activity dropped to a 17-month low, signaling growing concern among...

FxWirePro- Major European Indices
Feb 24, 2025 08:14 am UTC| Technicals
Germany DAX - 22520 (1.49%) Major resistance- 23500 Near-term resistance -22600/23000 Minor support- 22300/22000/21740/21670/21450/21000/20740/20580/20370/20200. Trend reversal level-...