Sep 08, 2022 10:01 am UTC| Technicals
Pair Value Recommendation EURAUD 366.77 Strong Buy USDCHF -205.84 Sell USDCHF Major resistance- 0.9800 Near-term support- 0.9670 Trend reversal level-...
FxWirePro- GBPJPY Daily Outlook
Sep 08, 2022 08:28 am UTC| Technicals
GBPJPY surged drastically and hits a 4-week high on a weak yen. The pound sterling trades weak against the US dollar on board based US dollar buying energy crisis in the UK. Cable enjoyed a minor pullback after the...
Sep 08, 2022 05:12 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1705.49 Kijun-Sen- $1709.12 Gold bounced back above $1700 on a minor sell-off in US dollar and treasury yields. Chinese exports dropped to 7.1% in Aug...
FxWirePro: EUR/NZD remains bullish as rally continues
Sep 07, 2022 23:14 pm UTC| Technicals
EUR/NZD rose on Wednesday as euro strengthened ahead Thursdays ECB meeting. The European Central Bank (ECB) is scheduled to announce its monetary policy on Thursday. Pair traded in 1.6386/1.6504 range and was last...
FxWirePro: EUR/AUD sustains gains as uptrend remains strong
Sep 07, 2022 23:00 pm UTC| Technicals
EUR/AUD rose higher on Wednesday as markets raised their bets on a 75 basis-point rate hike from the ECB when it meets on Thursday. The ECB on Thursday is expected to deliver a second big rate hike to tame record-high...
FxWirePro: GBP/NZD recovery facing a steep rock, likely to falter
Sep 07, 2022 22:47 pm UTC| Technicals
GBP/NZD declined on Wednesday as worries over a possible recession weighed on sentiment. Much of the market turmoil in UK is due to a surging inflation rate which is the highest among Group of Seven economies. ...
FxWirePro: GBP/AUD capped by the 538.2% fibonacci, good to sell on rallies
Sep 07, 2022 22:27 pm UTC| Technicals
GBP /AUD declined on Wednesday as investors dumped sterling in the face of a bleak economic outlook. Sterling has been hit hard by surging inflation, a looming recession and concerns that tax cuts and increased public...