FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (GBPJPY) for the day)
May 15, 2023 09:58 am UTC| Technicals
Pair Value Recommendation GBPJPY 369.23 Strong Buy GBPJPY Major resistance- 170.65 Near-term support- 169.30 Trend reversal level- 172.40 Above (-150):Sell Above...
FxWirePro- EURUSD Weekly Outlook
May 15, 2023 08:39 am UTC| Technicals
Ichimoku analysis (Weekly chart) Tenken-Sen- 1.08508 Kijun-Sen- 1.06590 EURUSD was one of the worst performers the previous week and lost more than 150 pips on board-based US dollar buying. ECB VP de...
FxWirePro- GBPJPY Daily Outlook
May 15, 2023 06:42 am UTC| Technicals
GBPJPY is trading higher for the second consecutive day on a weak yen. It hits an intraday high of 169.79 and is currently trading around 169.73. GBPUSD- Trend- Bearish The pound sterling pared its gains on...
FxWirePro- Gold Weekly Outlook
May 15, 2023 04:58 am UTC| Technicals
Ichimoku Analysis (Weekly chart) Tenken-Sen- $1975.84 Kijun-Sen- $1906.79 Gold prices declined more than $30 on the strong US dollar. The US dollar index gained momentum despite weak inflation numbers....
FxWirePro: EUR/AUD trends higher, 23.6% fibonacci eyed
May 13, 2023 00:55 am UTC| Technicals
EUR/AUD strengthened on Friday as the pair was aided by continued Australian dollary selloff that started on Thursday. Australian dollar is weighed down by Yuan weakness and lower commodities prices. Technical...
FxWirePro:GBP/AUD rallies to 1-week high, good to buy on dips
May 12, 2023 19:42 pm UTC| Technicals
GBP/AUD gained on Friday as GBP benefited from strongly weaker commodity linked Australian dollar. Key commodities are under pressure -with Dalian iron ore and oil price easing. Technical are favouring bullish...
FxWirePro :EUR/NZD grinding higher as frustrated shorts pare back
May 12, 2023 18:09 pm UTC| Technicals
EUR/NZD rose higher on Friday as broad based New Zealand dollar selling drove EUR/NZD sharply higher. The pair reaches 1.7559 after extending north from 1.7322 (Daily low). 1.7559 is the highest level since April...