FxWirePro- USDCHF Daily Outlook
Oct 31, 2022 08:15 am UTC| Technicals
USDCHF showed a nice pullback of nearly 150 pips on poor Swiss economic data. The KOF economic indicator of Switzerland which is a composite leading indicator dropped to 90, the sixth consecutive month below 100. It has...
FxWirePro- GBPJPY Daily Outlook
Oct 31, 2022 08:03 am UTC| Technicals
GBPJPY dropped slightly after a massive jump the previous week. The jump in pound sterling due to UK political stability and hawkish BOE. The yen lost more than 300 pips against the USD on policy divergence between US Fed...
FxWirePro: NZD/USD capped at 55-EMA, bullish RSI divergence keeps scope for upside
Oct 31, 2022 06:34 am UTC| Technicals
Chart - Courtesy Trading View Spot Analysis: NZD/USD was trading 0.20% higher on the day at 0.5823 at around 06:20 GMT. Previous Weeks High/ Low: 0.5873/ 0.5656 Previous Sessions High/ Low: 0.5873/...
FxWirePro: AUD/USD closes bearish gap open, extends recovery as risk-on impulse regains traction
Oct 31, 2022 06:17 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading 0.17% higher on the day at 0.6421 at around 05:25 GMT. The pair has closed a bearish gap open and edged higher from session lows at 0.6393. Risk-on impulse regains...
FxWirePro- Gold Weekly Outlook
Oct 31, 2022 05:57 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1680.27 Kijun-Sen- $1767.44 Gold is trading weak and holds below $1650 ahead of Fed monetary policy. The European central bank and Bank of Canada raised by...
FxWirePro: USD/JPY treads water around 21-EMA, traders await FOMC meeting announcements
Oct 31, 2022 04:48 am UTC| Technicals
Chart - Courtesy Trading View USD/JPY was trading 0.30% higher on the day at 147.88 at around 04:30 GMT. Fridays US inflation data suggests that there is room for the Fed to discuss easy rate hikes from December...
FxWirePro: GBP/AUD uptrend gains momentum, good to buy on dips
Oct 29, 2022 02:29 am UTC| Technicals
GBP/ AUD strengthened on Friday as weaker Australian dollar and expectation Bank of England will further hike interest boosted the pair. Newfound UK political stability, elevated BoE rate expectations to counteract...
FxWirePro- Major Economic Events for the day