
FxWirePro- GBPJPY Daily Outlook
May 12, 2022 07:52 am UTC| Technicals
GBPJPY showed a massive sell-off and lost more than 400 pips on the weak pound sterling. GBP hits two-year lows on weak UK GDP data. It declined to 0.8% QOQ compared to 1%. The overall trend of GBPUSD is weak on policy...

May 12, 2022 06:56 am UTC| Technicals
Chart - Courtesy Trading View Technical Analysis: - USD/JPY was trading 0.36% lower on the day at 129.45 at around 06:45 GMT - The pair is extending weakness for the 2nd straight session, slips below 5-DMA -...

May 12, 2022 05:03 am UTC| Technicals
Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1846 Kijun-Sen- $1862 Gold regained above $1850 after US CPI data. It cools off to 8.3% from Marchs 40-year high of 8.5%. The inflation is better than the...

FxWirePro: GBP /NZD runs out of steam but maintains bullish outlook
May 12, 2022 00:51 am UTC| Technicals
GBP /NZD strengthened on Wednesday as the pair resumed rally after brief wobble in the wake of unexpectedly strong U.S. CPI readings. The CPI release showed annual inflation at 8.3% versus the consensus forecast of...

FxWirePro: EUR/NZD positions for another climb, eyes 1.6900 level
May 12, 2022 00:29 am UTC| Technicals
EUR/NZD initially declined on Wednesday after hotter than expected CPI data but recovered ground as global growth concerns weighed on kiwi dollar sharply. The pair is currently approaching resistance at 23.6%fib. A...

FxWirePro: EUR/AUD loses momentum but outlook is bullish
May 12, 2022 00:08 am UTC| Technicals
EUR/AUD initially dipped on Wednesday but recovered some ground as investors picked U.S. inflation data for clues about the Federal Reserves rate hiking path. EUR/AUD fall from intra-day high towards 1.5184 , however...

FxWirePro- Major pair levels and bias summary
May 11, 2022 17:10 pm UTC| Technicals
Major pair levels and bias...