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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(AUDUSD and CADJPY) for the day

May 30, 2022 10:02 am UTC| Technicals

Pair Value Recommendation AUDUSD 396.65 Strong Buy CADJPY 408.02 Strong Buy AUDUSD Major resistance-0.7235 Near-term support- 0.7150 Trend reversal...

FxWirePro: AUD/USD breaks above 38.2% Fib, traders await Aussie GDP and US NFP for further impetus

May 30, 2022 07:36 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.32% higher on the day at 0.7179 at around 07:30 GMT, outlook is bullish. The pair has broken above 38.2% Fib retracement and is on track to test 50% Fib at...

FxWirePro: USD/JPY drifts sideways, holds 50-DMA support

May 30, 2022 07:22 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading in tight range with session high at 127.34 and low at 126.86 at around 06.25 GMT. The pair is extending sideways grind above 50-DMA support and was trading 0.06%...

FxWirePro- CADJPY Daily Outlook

May 30, 2022 07:08 am UTC| Technicals

CADJPY continues to trade higher on the strong Canadian dollar. Canadas retail sales slumped to 0% on weak car sales compared to an estimate of 1.5% The bullish trend in the Crude oil prices also supports the Canadian...

FxWirePro- GBPJPY Daily Outlook

May 30, 2022 02:49 am UTC| Technicals

GBPJPY regained above 160 on the strong Pound sterling. It recovered sharply after the UK government-approved 15-billion pounds to support households. The board-based US dollar weakness also supports the pound at lower...

FxWirePro-Gold Weekly Outlook

May 30, 2022 02:07 am UTC| Technicals

FxWirePro- Gold Daily Outlook Ichimoku Analysis (Weekly outlook) Tenken-Sen- $1892.66 Kijun-Sen- $1911.92 Gold holds above $1850 on dismal US economic data. US new home sales declined sharply by 16.6% and...

FxWirePro: GBP/NZD reverses recent rally, bias back to downside

May 28, 2022 02:08 am UTC| Technicals

GBP/NZD declined on Friday as risk-on flows and higher commodity prices triggered sell off in the pair. The pair is currently approaching support at 38.2%fib. A break and daily close below will accelerate trend...

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Technology

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OpenAI Explores Massive Funding Round at $750 Billion Valuation

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Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

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