FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (GBPJPY) for the day
Oct 28, 2022 10:38 am UTC| Technicals
Pair Value Recommendation GBPJPY 360.42 Strong Buy GBPJPY Major resistance- 170.60 Near-term support- 168.70 Trend reversal level- 167.40 Above (-150):Sell Above...
FxWirePro: EUR/JPY retakes 147 handle on BOJ’s dovish rhetoric, Japan’s stimulus news
Oct 28, 2022 10:33 am UTC| Technicals
Chart - Courtesy Trading View EUR/JPY erased most of the previous sessions losses and rallied past 147 handle after BOJs dovish rhetoric and Japans stimulus news. Bank of Japans (BOJ) status-quo at its monetary...
FxWirePro- USDCAD Daily Outlook
Oct 28, 2022 10:17 am UTC| Technicals
Intraday bias - Bullish USDCAD recovered above 1.3600 after the Bank of Canadas monetary policy. The central bank has hiked interest rates by 50 bpbs to 3.75% compared to a forecast of 75bpbs, the highest level...
FxWirePro: NZD/USD struggles at 55-EMA, risk-off weighs on the kiwi
Oct 28, 2022 10:14 am UTC| Technicals
Chart - Courtesy Trading View NZD/USD was trading 0.57% lower on the day at 0.5794 at around 10:05 GMT. Outlook still bullish. China introduced new COVID lockdown measures in some major cities including Guangzhou and...
FxWirePro- GBPJPY Daily Outlook
Oct 28, 2022 10:12 am UTC| Technicals
GBPJPY regained above 170on the weak yen. The yen lost more than 100 pips against the USD as BOJ has not taken any action to support the yens strengthening. The minor sell-off in the pound sterling prevented GBPJPY from...
Oct 28, 2022 08:25 am UTC| Technicals
Ichimoku Analysis (4-Hour chart) Tenken-Sen- $1663.69 Kijun-Sen- $1656.64 Gold is trading in a narrow range between $1674.93 and $1654.92 for the past three days. The European Central bank hiked...
Oct 28, 2022 07:10 am UTC| Technicals
Chart - Courtesy Trading View Spot Analysis: USD/JPY was trading rangebound below 21-EMA at 146.57 at around 06:55 GMT Previous Weeks High/ Low: 151.94/ 146.16 Previous Sessions High/ Low: 146.93/...
FxWirePro- Major Economic Events for the day