FxWirePro- USDCAD Daily Outlook
Sep 28, 2022 09:22 am UTC| Technicals
Intraday bias - Bullish USDCAD was one of the best performers this month on declining crude oil prices. The dip in Canadian inflation and weak retail sales has decreased the chance for BOC to raise rates further...
FxWirePro- GBPJPY Daily Outlook
Sep 28, 2022 08:15 am UTC| Technicals
GBPJPY has been consolidating in a narrow range between 157.22 and 153.79 for the past two days. The pair was one of the worst performers this month and lost more than 1300 pips on the weak Pound sterling. BOJ said it was...
FxWirePro: AUD/JPY plunges below daily cloud, eyes 200-DMA
Sep 28, 2022 07:44 am UTC| Technicals
Chart - Courtesy Trading View AUD/JPY was trading 1.06% lower on the day at 92.17 at around 07:20 GMT. The pair has broken below daily cloud, raising scope for further downside. GMMA indicator shows major trend is...
Sep 28, 2022 06:15 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1631.84 Kijun-Sen- $1653.07 Gold lost its shine on the surging US dollar. It hits a multi-year high in hopes of an aggressive rate hike by the Fed. Markets...
FxWirePro: GBP/NZD gains some upside momentum but still bearish
Sep 27, 2022 23:04 pm UTC| Technicals
GBP/NZD recovered some ground on Tuesday as the pair staged corrective moves from Mondays collapse. The Bank of England and UK Treasury attempted to soothe market concerns after the government announced a raft of...
FxWirePro: GBP/AUD gains some upside momentum but still bearish
Sep 27, 2022 22:39 pm UTC| Technicals
GBP/AUD recovered some ground on Tuesday as expectations about an emergency intervention from UK central bank increased. The Bank of England and UK Treasury attempted to soothe market concerns after the government...
FxWirePro: EUR/NZD uptrend looks tired, but continues to hold
Sep 27, 2022 22:03 pm UTC| Technicals
EUR/NZD strengthened on Tuesday as weaker kiwi dollar benefited bulls, but the gains were capped. The is pair heading towards the 23.6%fib, as near term direction of the pair is likely to be driven by current price...