
FxWirePro- Sell GBPJPY on rallies
Nov 27, 2024 07:22 am UTC| Technicals
FxWirePro- Sell GBPJPY on rallies The GBP/JPY currency pairlost its shine on the strong yen. At the time of writing, it hit a low of 191.21 and is currently trading around 191.27.The Potential Reversal Zone (PRZ) is set...

FxWirePro: USD/JPY downside pressure builds, key support level in focus
Nov 27, 2024 06:40 am UTC| Technicals
USD/JPY dipped on Wednesday as Japanese yen strengthened on bets Bank of Japan may raise interest rates in December. A key indicator of Japans service-sector inflation remained close to 3% in October, according to data...

FxWirePro: AUD/ USD neutral in the near-term, scope for downward resumption
Nov 27, 2024 06:13 am UTC| Technicals
AUD/ USD was little changed on Wednesday after data showed Australias inflation remained flat at 2.1% . Australias consumer price inflation rate remained at a three-year low in October, as government rebates helped...

FxWirePro: USDCNY positions for another climb, eyes 7.300 level
Nov 27, 2024 05:38 am UTC| Technicals
USD/CNY steadied near four month high on Wednesday as investors weighed the potential impact of new U.S. tariffs. Trump announced that upon taking office in January, he would implement a 25% tariff on all products...

FxWirePro: GBP/AUD under pressure , knocking on door of key support rally
Nov 27, 2024 00:03 am UTC| Technicals
GBP/AUD eased from 1.9450 level on Tuesday as ongoing geopolitical risks and concerns that President-elect Donald Trumps proposed tariffs weighed on sentiment. Officials from Mexico, Canada, and China warned that...

FxWirePro: EUR/AUD bulls lose traction, cannot add to overnight gains
Nov 26, 2024 23:46 pm UTC| Technicals
EUR/AUD initially gained but gave up ground on Tuesday as euro came under pressure from ECB oicly makers comments ,ongoing geopolitical risks and concerns on proposed tariffs by President-elect Donald Trump. ...

FxWirePro: EUR/NZD eases as global trade tensions weighs
Nov 26, 2024 23:27 pm UTC| Technicals
EUR/NZD eased on Tuesday as euro was weighed down by dovish comments by ECB policy makers and escalating conflict in Ukraine. Portuguese central bank chief Mario Centeno and European Central Bank Vice President Luis de...
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