FxWirePro: AUD/JPY extends bearish streak, hits 12-month lows below 87 handle
Mar 24, 2023 07:24 am UTC| Technicals
Chart - Courtesy Trading View Spot Analysis: AUD/JPY was trading 0.38% lower on the day at 87.05 at around 06:20 GMT. The pair is extending bearish streak and has tested levels unseen since Mar 17th 2022. Downbeat...
FxWirePro: USD/JPY prints fresh weekly lows, US PMIs, Durable Goods Orders loom
Mar 24, 2023 06:13 am UTC| Technicals
Chart - Courtesy Trading View USD/JPY was trading 0.49% lower on the day at 130.13 at around 05:20 GMT, down for the 3rd consecutive session. Chatters that the Feds emergency lending to the banks has ballooned the...
Mar 24, 2023 05:25 am UTC| Technicals
Ichimoku Analysis (4 hour chart) Tenken-Sen- $1973.01 Kijun-Sen- $1972.09 Gold prices gained above $2000 as Fed plans for the rate pause. The central bank hiked rates by 25 bpbs and said one more 25...
FxWirePro: AUD/USD hovers around 5-DMA, downbeat Aussie PMIs weigh on the Aussie
Mar 24, 2023 05:12 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading 0.07% higher on the day at 0.6687 at around 05:00 GMT, edges higher from session lows at 0.6659. Australia PMIs released on Friday came in softer for March and weigh...
FxWirePro: EUR/NZD stuck in range but maintains bullish bias
Mar 23, 2023 23:02 pm UTC| Technicals
EUR/NZD steadied on Thursday as ECB rhetoric on rate hike supported EUR/NZD. EUR/NZD initially dipped but found buyers at 1.7313, rally lifts the pair towards 1.7338. A break and daily close above 1.7343(38.2%fib) will...
FxWirePro:EUR/AUD consolidating around 1.6210,bias is bullish
Mar 23, 2023 22:42 pm UTC| Technicals
EUR/AUD steadied on Thursday after the Bank of England followed the U.S. Federal Reserve and the Swiss National Bank in hiking rates amid worries of a banking contagion. Pair traded in a quiet 1.1677/1.6256 range and...
FxWirePro: GBP/NZD runs out of steam but maintains bullish outlook
Mar 23, 2023 22:31 pm UTC| Technicals
GBP/NZD initially dipped on Thursday but rebounded after BoE as expected to raised rates for 11th consecutive time, by to 4.25%. Bank of England (BoE) raised interest rates and said it expects the surge in British...