FxWirePro-Major pair market sentiment (CCI-ADX-EMA Setup) (European Session)
Oct 21, 2024 10:10 am UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...

Oct 21, 2024 09:29 am UTC| Technicals
The EUR/JPY trades weak on the strong yen. It hit alow of 161.98 at the time of writing and is currently trading around 162.08. Intraday bias remains neutral as long as resistance 163.89 holds. The pair remained within...

FxWirePro: AUD/ USD neutral in the near-term, scope for downward resumption
Oct 21, 2024 05:24 am UTC| Technicals
AUD/USD initially gained on Monday but gave up ground as investors reacted to comments from a senior RBAs official. A senior official Australia Deputy Governor Andrew Hauser stated that the pace of employment growth...

GBP/JPY Analysis: False Breakout and Market Watch Ahead
Oct 21, 2024 05:13 am UTC| Technicals
The GBP/JPY experienced a false surge past 196 before falling close to 150 pips due to a strengthening yen. The yen gained traction as the Bank of Japan (BOJ) has been actively intervening in the foreign exchange market to...

FxWirePro- Woodies Pivot Point (Major pair)
Oct 21, 2024 05:12 am UTC| Technicals
Woodies Pivot Point (Major...

FxWirePro: NZD/USD consolidating around 0.6080, room for further gains
Oct 21, 2024 04:13 am UTC| Technicals
NZD/USD firmed on Monday as latest rate cut by China lifted risk sentiment. China lowered its benchmark lending rates at the monthly fixing on Monday, providing a boost to the market. This move follows a reduction...

FxWirePro: GBP/AUD uptrend gains momentum but hurdles ahead
Oct 19, 2024 02:41 am UTC| Technicals
GBP/AUD rose towards 1.9460 after UK retail sales data showed unexpectedly strong reading in September. Retail sales volumes grew by 0.3%, exceeding expectations of a 0.3% fall, amid fears about probable tax increases...