FxWirePro: EUR/NZD attracts selling interest, vulnerable to more downside
Jun 24, 2022 18:15 pm UTC| Technicals
EUR/NZD declined on Friday as higher oil prices and disappointing German Ifo data weighed on the piar. German business morale fell more than expected in June. The Ifo Institute said its business climate index fell to...
FxWirePro:GBP/NZD extends drop, faces 50%fib support
Jun 24, 2022 17:57 pm UTC| Technicals
GBP/NZD declined on Friday as commodity-linked currencies like kiwi got boosted from higher oil price. Oil price rose by more than 2% on Friday supported by tight supply. Crude has gained support from the almost total...
FxWirePro:EUR/AUD rally capped by 38.2%fib resistance ,good to sell on rally
Jun 24, 2022 16:58 pm UTC| Technicals
EUR/AUD declined on Friday as higher oil and iron ore prices boosted Australian dollar against euro. EUR/AUD has failed to sustain momentum after failing to break resistance at 1.5283 (38.2%fib). The is pair...
FxWirePro: Daily Commodity Tracker - 24th June, 2022
Jun 24, 2022 16:34 pm UTC| Technicals
Daily Commodity...
FxWirePro: GBP/AUD reverses recent rally, bias back to downside
Jun 24, 2022 16:00 pm UTC| Technicals
GBP/AUD dipped on Friday as gains in equity , iron-ore lifted Australian dollar Dalian iron ore futures edged higher on Friday after a record 10-session slide. At GMT 15:55, the pair was trading down 0.57 percent ...
FxWirePro: Copper refreshes multi-month lows, steep declines for commodities continue
Jun 24, 2022 13:53 pm UTC| Technicals
Chart - Courtesy Trading View Copper prices extend decline, hit fresh multi-month low at 3.6697, levels unseen since Feb 2021. Concerns that steep interest rate hikes by major central banks will hurt the world...
FxWirePro: EUR/CHF Daily Outlook
Jun 24, 2022 10:15 am UTC| Technicals
Chart - Courtesy Trading View Technical Analysis: Bias Bearish - EUR/CHF was trading unchanged at 1.0102 at around 10:05 GMT - The pair has erased early gains and has slipped lower from session highs at...