
GBP/JPY Rebounds: Bullish Momentum Builds Amid Market Uncertainty
Oct 22, 2024 04:02 am UTC| Technicals
The GBP/JPY pair has demonstrated a strong rebound from the 55-4H EMA level at 194.59, primarily driven by a weak yen. After a decline of nearly 150 pips on the back of a stronger yen, the pair has climbed to a high of...

FxWirePro: NZD/USD maintains bearish bias with focus on 0.6000 level
Oct 22, 2024 02:04 am UTC| Technicals
NZD/USD traded near two month low on Tuesday as dollar firmed buoyed by a rise in U.S. bond yields. The dollar has strengthened for three weeks in a row, driven by a streak of positive economic data . At (GMT...

FxWirePro: AUD/ USD struggles to recover, good to sell on rally
Oct 22, 2024 01:47 am UTC| Technicals
AUD/USD traded near multi-month low on Tuesday as higher US treasury yields bolstered US dollar across the board. Treasury yields surged overnight as expectations for aggressive U.S. easing diminished further in the...

FxWirePro: EUR/NZD steadies around 1.7915 , retains bid tone
Oct 22, 2024 01:11 am UTC| Technicals
EUR/NZD steadied around 1.7915 on as investors hedged their positions amid rising geopolitical tensions and uncertainty over the U.S. presidential election. On the data front,German producer prices fell more than...

FxWirePro: GBP/AUD consolidating around 1.9500 bias is bullish
Oct 22, 2024 00:57 am UTC| Technicals
GBP/AUD strengthened on Tuesday as investors await insights from Bank of England (BoE) officials this week. On Tuesday, all eyes will be on speeches by BoE Governor Andrew Bailey, Deputy Governor Sarah Breeden, and...

FxWirePro: GBP /NZD uptrend gains momentum but hurdles ahead
Oct 22, 2024 00:46 am UTC| Technicals
GBP /NZD strengthened on Monday as focus shifted upcoming BoE commentary and U.S. election Investors await comments this week by a slew of BoE members, including recently dovish Governor on Tuesday, and the more...

FxWirePro: USD/ JPY maintains bullish bias with focus on 151.50 level
Oct 21, 2024 20:12 pm UTC| Technicals
USD/JPY rose on Monday as greenback strengthened ahead of the Nov. 5 presidential election. The dollar has risen for three consecutive weeks as a series of positive economic data prompted investors to lower their...