FxWirePro- GBPJPY Daily Outlook
Sep 20, 2022 09:55 am UTC| Technicals
GBPJPY recovered more than 150 pips from a minor bottom of 162.73 on a weak yen. Pound sterling pared some of its losses against the US dollar on short covering. The policy divergence between the US fed and BOE puts...
Sep 20, 2022 09:38 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1673.79 Kijun-Sen- $1669.61 Gold pared some of its gains after hitting a high of $1679. The surge in US treasury yields in hopes of 75 bpbs rate hike by...
FxWirePro: Riksbank hikes policy rate by 100 basis points, EUR/SEK refreshes 6-month high
Sep 20, 2022 09:14 am UTC| Technicals
Chart - Courtesy Trading View Riksbank on Tuesday raised its policy rate by 100 basis points (bps) to 1.75%. Markets were anticipating a 75 basis points rise and SEK fell across the board after the...
FxWirePro: EUR/NZD rallies to 3 ½ month high, good to buy on dips
Sep 19, 2022 22:45 pm UTC| Technicals
EUR/NZD rally extended rally above 1.6800 on Monday as kiwi dollar weakened on fears that drastic policy tightening by major central banks will tip the world into recession. The U.S. Federal Reserve is expected to hike...
FxWirePro:GBP/NZD bullish outlook with scope to target 1.9250
Sep 19, 2022 22:32 pm UTC| Technicals
GBP/ NZD gained on Monday as investors awaited much-anticipated monetary policy decision by the U.S. Federal Reserve and several other central banks this week. Bulls have tightened their grip after registering a close...
FxWirePro: EUR/AUD consolidating around 1.4900, bias is bullish
Sep 19, 2022 21:47 pm UTC| Technicals
EUR/AUD strengthened on Monday investors prepared for another large U.S. Federal Reserve rate hike and several other central bank meetings this week. European Central Bank chief economist Philip Lane added to the...
FxWirePro: GBP/AUD drops below 1.7000 ,vulnerable to more downside
Sep 19, 2022 21:13 pm UTC| Technicals
GBP/AUD declined on Monday as sentiment towards the British currency remaining weak given a darkening economic outlook . The BoE is meeting on Thursday and new finance minister Kwasi Kwarteng is on Thursday or Friday...