FxWirePro- USDCHF Intraday trade Idea
Oct 06, 2022 09:10 am UTC| Technicals
USDCHF halted its three weeks of the bullish trend and lost more than 150 pips on US dollar weakness. The demand for the Swiss franc increased in the rumor of Credit Suisses collapse. US private companies have added...
FxWirePro- GBPJPY Daily Outlook
Oct 06, 2022 09:03 am UTC| Technicals
GBPJPY pared some of its gains after Fitch UKs rating outlook. It has downgraded Long term Foreign currency (LFTC) issuer default rating (IDR) to negative from stable and affirmed AA-.Pound sterling lost more than 200 pips...
Oct 06, 2022 08:05 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1714.24 Kijun-Sen- $1694.44 Gold jumped sharply and holds above $1700 on the weak US dollar. The lackluster performance in US treasury yields and increased...
FxWirePro: AUD/USD holds gains despite weak Australia trade data, US dollar weakness supports
Oct 06, 2022 05:30 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading 0.68% higher on the day at 0.6530 at around 05:10 GMT. The pair is extending gains despite weak Australia trade data as broad based weakness in the US dollar is...
FxWirePro: EUR/NZD remains bullish as rally continues
Oct 04, 2022 22:54 pm UTC| Technicals
EUR/NZD rose sharply on Tuesday as softer dollar , improved risk sentiment boosted euro against kiwi dollar. The Reserve Bank of New Zealand (RBNZ) is widely expected to raise its interest rate by half a point to 3.5%...
FxWirePro: GBP/AUD extends gains, faces 23.6%fib resistance
Oct 04, 2022 22:40 pm UTC| Technicals
GBP/ AUD rose sharply on Tuesday after the Reserve Bank of Australia (RBA) surprised markets with a smaller-than-expected interest rate increase. Reserve Bank of Australia (RBA) raised its cash rate to a nine-year peak...
FxWirePro: EUR/AUD hits 3-month high, scope for further upside
Oct 04, 2022 18:21 pm UTC| Technicals
EUR/AUD rose on Tuesday as Australian dollar lost ground after the Reserve Bank of Australia delivered a smaller-than-expected rate hike. Reserve Bank of Australia raised its official cash rate by 25 basis points to...