
FxWirePro: NZD/USD extends weakness, falters at 200-DMA resistance
Mar 08, 2022 08:29 am UTC| Technicals
Chart - Courtesy Trading View NZD/USD was trading 0.14% lower on the day at 0.6814 at around 08:00 GMT. The pair is struggling to extend break above daily cloud, finds stiff resistance at 200-DMA. Price action is...

FxWirePro- GBPJPY- Bullish divergence and oversold
Mar 08, 2022 08:28 am UTC| Technicals
Short-term resistance -152 Intraday Support- 151 GBPJPY continues to trade lower for the past three days and lost more than 300 pips on the weak Pound sterling. It hits a fresh 2022 low against the USD as...

FxWirePro: AUD/USD erases early gains, slips below 200-DMA
Mar 08, 2022 05:01 am UTC| Technicals
Chart - Courtesy Trading View AUD/USD was trading 0.05% lower on the day at 0.7310 at around 04:45 GMT. The pair has erased early gains and slipped lower from session highs at 0.7348. Price action hovers around...

Mar 08, 2022 04:56 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $1972.77 Kijun-Sen- $1958.29 Gold halted its four weeks of a bullish trend on improved market sentiment. The yellow metal showed a massive rally this month...

FxWirePro: GBP/AUD recovers from key support area but trend still bearish
Mar 08, 2022 00:58 am UTC| Technicals
GBP/AUD recovered some ground on Monday as the pairs recovery was aided by profit taking on shorts. GBP/AUD bounced from the Asia low, as the cross was severely over sold. Resistance at 1.8060 (5DMA) is likely to cap...

FxWirePro: EUR/NZD claws back some ground but trend is still towards lowerside
Mar 08, 2022 00:42 am UTC| Technicals
EUR/NZD downtrend lost steam on Monday as oil prices retreated from highs as the United States and Europe considered banning Russian crude. Oil prices hit 14-year highs after the United States and European allies...

FxWirePro:EUR/AUD rebounds but bears are not done yet
Mar 08, 2022 00:22 am UTC| Technicals
EUR/AUD recovered from earlier losses on Monday as news that Germany did not plan to halt Russian energy imports helped inspire EUR/AUD rebound. However, recovery is likely to limited as the inflation worries combined...