
FxWirePro- Sell GBPJPY on rallies
Nov 25, 2024 04:46 am UTC| Technicals
The GBP/JPY currency pairlost its shine in the Asian session on the strong yen. It hit a low of 193.55at the time of writing and is currently trading around 194.02.The Potential Reversal Zone (PRZ) is set at 200.20. In...

FxWirePro: EUR/NZD falls on soft Euro zone PMI data, room for further downside
Nov 23, 2024 00:38 am UTC| Technicals
EUR/NZD declined on Friday after the data showed the blocs dominant services industry contracted and manufacturing had sunk deeper into recession. SP Globals preliminary composite euro zone purchasing managers index,...

FxWirePro: EUR/AUD attracts selling interest, vulnerable to more downside
Nov 23, 2024 00:28 am UTC| Technicals
EUR/AUD declined on Friday as drop was-assisted by weak Euro zone business activity data . Euro zone business activity sharply declined this month, with the regions dominant services sector contracting and...

FxWirePro: GBP/NZD set for further slump, shorts hold the advantage
Nov 23, 2024 00:18 am UTC| Technicals
GBP/NZD slipped lower on Friday as sterling came under pressure from weak business activity and retail sales data. British business output in November shrank for the first time in more than a year, and retail sales...

FxWirePro: GBP/AUD key support broken, door to 1.9150 open
Nov 23, 2024 00:09 am UTC| Technicals
GBP/AUD declined on Friday as weak U.K. purchasing managers index data weighed on sterling Britains preliminary SP Global Flash Composite Purchasing Managers Index, published on Friday, fell to 49.9 in November - below...

FxWirePro: GBP/ short had control and kept it after UK PMI and retail sales data
Nov 22, 2024 19:13 pm UTC| Technicals
GBP/USD fell sharply on Friday as sterling came under pressure from weak business activity data.. Data showed British business output in November shrank for the first time in more than a year, and retail sales also...
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