Jan 27, 2025 11:27 am UTC| Technicals
FxWirePro- USDCHF Trade idea The currency pairdeclined sharply on board-based US dollar weakness. It hitan intraday low of 0.89733 and is currently trading around 0.89751.The intraday bias appears bearishas long as...

Jan 27, 2025 11:20 am UTC| Technicals
The EUR/JPYpared most of its gains on board-based Yen buying. It hit an intraday low of 161.83 and is currently trading around 161.86.The intraday outlook is bearish as long as the resistance 164 holds. The German Ifo...

FxWirePro: USD/ZAR trends higher, but faces potential pitfalls
Jan 27, 2025 11:15 am UTC| Technicals
The USD/ZAR strengthened on Monday as rand weakened ahead of interest rate decisions from the Federal Reserve and the South African Reserve Bank. Global investors will focus on the Fed this week, with its two-day...

FxWirePro: USD/ CNY consolidating around 7.259, room for further gains
Jan 27, 2025 10:30 am UTC| Technicals
USD/CNY strengthened on Monday as Chinas yuan weakened following data that showed Chinas January manufacturing activity unexpectedly contracted. Chinas manufacturing activity unexpectedly contracted in January, its...

FxWirePro: NZD/USD eases below 0.5700 level, bears keep the advantage
Jan 27, 2025 08:58 am UTC| Technicals
NZD/USD edged lower on Monday as weak PMI data from China and stronger greenback weighed on the kiwi dollar. The dollar strengthened after President Donald Trump announced plans to impose tariffs and sanctions on...

FxWirePro- Major European Indices
Jan 27, 2025 08:53 am UTC| Technicals
Germany DAX - 21218 (-0.81%) Major resistance- 22000 Near-term resistance -21500/21795/22000 Minor support- 21000/20740/20580/20370/20200/19960/19680/19760/19587/19430/19285 Trend reversal level-...

GBP/JPY Soars as Trump Calls for Global Rate Cuts: Trade Insights and Technical Analysis
Jan 27, 2025 07:47 am UTC| Technicals
The GBP/JPYtrades higher on board-based Pound sterling. It hit a high of 194.76 and is currently trading around 194.48. The intraday trend is bullish as long as support 193 holds. Trumps Urgent Call: Interest Rate Cuts...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand