
Dec 24, 2024 10:40 am UTC| Technicals
The GBP/JPY currency pair consolidated in a narrow range between 195.75 and 197.07 in the past three days.It reached a high of 198.95 and is currently trading around 196.87. The Potential Reversal Zone (PRZ) is set at...

FxWirePro: USD/ZAR edges lower, bias neutral
Dec 24, 2024 10:25 am UTC| Technicals
USD/ZAR eased slightly on Tuesday as South African rand edged higher against greenback in holiday-thinned market. As the year-end approaches, trading volumes are expected to thin out during the holiday-shortened...

FxWirePro: NZD/USD inches lower, set to stay on back foot
Dec 24, 2024 06:23 am UTC| Technicals
The NZD/USD inched lower on Tuesday as kiwi dollar remained pressure from a stronger greenback and expectations of further monetary easing by the RBNZ. The surprise weakness in economic data has led investors to price...

FxWirePro:AUD/USD neutral in the near-term, scope for downward resumption
Dec 24, 2024 06:00 am UTC| Technicals
AUD/ USDremained defensiveon Tuesday after the Reserve Bank of Australias hinted at potential rate cuts. . RBA minutes indicated that while policy remains restrictive, rate cuts could come as early as February,...

FxWirePro: EUR/AUD range bound short term, primary trend still bullish
Dec 23, 2024 22:33 pm UTC| Technicals
EUR/AUD retreated on Monday as traders digest remarks from European Central Bank President Christine Lagarde European Central Bank (ECB) President Christine Lagarde said the euro zone was getting very close to reaching...

FxWirePro: EUR/NZD uptrend stalls, momentum needed to sustain gains
Dec 23, 2024 21:58 pm UTC| Technicals
EUR/NZD is struggled to make bullish headway on Monday as traders are braced for a holiday-shortened week. EUR/NZD fell to 1.8396 after hitting daily high at 1.8498. Price is contained between two fibo retrace levels,...