
FxWirePro: NZD/USD 'Bearish Engulfing' keeps bias lower, NFP eyed for impetus
May 06, 2022 08:39 am UTC| Technicals
Chart - Courtesy Trading View Spot Analysis: NZD/USD was trading 0.08% lower on the day at 0.6420 at around 05:35 GMT Previous Weeks High/ Low: 0.6645/ 0.6451 Previous Sessions High/ Low: 0.6568/...

FxWirePro: S&P500 Daily outlook
May 06, 2022 08:18 am UTC| Technicals
Major support- 4000 Chart pattern- Bullish divergence SP500 is trading lower for a fifth consecutive week on hawkish Fed hikes. Aggressive tightening measure by Fed has decreased demand for riskier assets....

FxWirePro- GBPJPY Daily Outlook
May 06, 2022 05:37 am UTC| Technicals
GBPJPY declined sharply on the weak pound sterling. Bank of England raised interest rates by 25 bpbs for the fourth consecutive time to tackle high inflation. The policy divergence between US Fed and BOE puts pressure on...

May 06, 2022 05:08 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading largely muted at 0.7114 at around 03:50 GMT, slightly higher from session lows at 0.7081. The Australian dollar remains depressed across the board after a dovish RBA...

May 06, 2022 04:44 am UTC| Technicals
FxWirePro- Gold Daily Outlook Ichimoku Analysis (4-hours Chart) Tenken-Sen- $1882 Kijun-Sen- $1885 Gold lost its shine after a minor pullback above $1900. The surge in US bond yields puts pressure on the yellow...

FxWirePro:GBP/AUD strongly bearish despite upside attempts
May 06, 2022 00:00 am UTC| Technicals
GBP/AUD initially dipped sharply on Thursday on dovish BoE but broad Australian dollar weakness helped the recover most of the ground. Bank of England raised interest rates to their highest since 2009 but warned that...

FxWirePro :EUR/NZD grinding higher as frustrated shorts pare back
May 05, 2022 23:34 pm UTC| Technicals
EUR/NZD rose higher on Thursday as broad based New Zealand dollar selling drove EUR/NZD sharply higher. The pair reaches 1.6400 after extending north from 1.6117 (early Asia low). 1.6400 is the highest level since March...