
Dec 12, 2024 09:25 am UTC| Technicals
CADJPY trades higher after the BOC monetary policy.It hitsan intraday high of 107.99with current trading around 107.91. On December 11, 2024, the Bank of Canada (BoC) cut its key interest rate by 0.50 percentage points...
Dec 12, 2024 08:53 am UTC| Technicals
The EUR/JPYpared some of its gains on the weak Euro. It hit a high of 160.07 yesterday and currently trading around 159.54.The bearish intraday outlook is maintained as long as the resistance at 160.35holds. The...

Dec 12, 2024 08:45 am UTC| Technicals
The GBP/JPY currency pair surged more than 200 pips on the weak yen. The pair hit a high of 194.83yesterday and is currently trading at approximately 194.39.Notably, the Potential Reversal Zone (PRZ) is set at 200.20,...

FxWirePro: NZD/USD strongly bearish despite upside attempts
Dec 12, 2024 06:19 am UTC| Technicals
The NZD/USD pair recovered above 0.5800 level on Thursday as investors reacted to a benign U.S. consumer inflation report. Wednesdays November US CPI report showed a 0.3% rise, the largest increase since April,...

FxWirePro:AUD/USD gains some upside momentum after but still bearish
Dec 12, 2024 06:06 am UTC| Technicals
AUD/ USDrebounded on Thursday as gains were driven by stronger-than-expected jobs data, which encouraged traders to reconsider their bets on an earlier interest rate cut by the RBA. Novembers figures showed the jobless...

FxWirePro: GBP/AUD retreats slightly but trend is still bullish
Dec 11, 2024 22:13 pm UTC| Technicals
GBP/AUD pulled back in US session on Wednesday, surrendering some of its earlier gains as investors digested US CPI data. Labor Department report showed the CPI rose 0.3% in November, matching estimates, with an annual...
FxWirePro: GBP/AUD retreats slightly but trend is still bullish
Dec 11, 2024 22:11 pm UTC| Technicals
GBP/AUD pulled back in US session on Wednesday, surrendering some of its earlier gains as investors digested US CPI data. Labor Department report showed the CPI rose 0.3% in November, matching estimates, with an annual...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand