Jul 25, 2022 16:31 pm UTC| Technicals
Pair Value Recommendation AUDUSD 411.55 Strong Buy GBPJPY 387.70 Strong Buy AUDUSD Major resistance-0.7000 Near-term support-0.6870 Trend reversal level-...
FxWirePro- EURUSD Daily Outlook
Jul 25, 2022 12:36 pm UTC| Technicals
Intraday trend Bullish Major intraday resistance 1.0300 The pair showed a nice pullback despite weak German IFO data. The Ifo business climate index dropped to 88.6 in July compared to a forecast of 90.2,...
FxWirePro-USDCAD Daily Outlook
Jul 25, 2022 11:32 am UTC| Technicals
Intraday bias - Bearish USDCAD gained more than 100 pips from a low of 1.28220 despite upbeat Canadian retail sales. It rose 2.2% in May compared to an estimate of 1.6%, core retail sales surged 1.9% vs. 1.1%....
FxWirePro- GBPJPY Daily Outlook
Jul 25, 2022 11:26 am UTC| Technicals
GBPJPY has formed double bottom around 163 and showed a nice pullback. The pair was the worst performer the previous week and lost 300 pips on a strong yen. The recovery in Pound sterling on board-based US dollar selling...
FxWirePro- Gold Weekly Outlook
Jul 25, 2022 05:26 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1780 Kijun-Sen- $1875 Gold price took support near 200- W EMA and surged more than $50 on the weak US dollar. Steep fall in US 10-year bond yield to 2.789%...
FxWirePro: GBP/AUD strongly bearish despite upside attempts
Jul 23, 2022 01:32 am UTC| Technicals
GBP/AUD rebounded after initially falling on Friday as the impact of weak UK economic data on the British currency was tempered by worse numbers coming out of the U.S. In an up-and-down session, the pair hit low at...
FxWirePro:EUR/NZD drifts lower,could be on verge of a bigger drop
Jul 23, 2022 01:03 am UTC| Technicals
EUR/NZD declined on Friday as weaker economic data ,energy shortfalls, political uncertainty in Italy weighed on euro. Euro zone business activity unexpectedly contracted this month due to an accelerating downturn in...