
FxWirePro: USD/CAD loses momentum but bullish setup remains
Dec 10, 2024 19:37 pm UTC| Technicals
USD/CAD initially gained on Tuesday but gave up ground investors awaited the Bank of Canadas policy decision later this week The BoC is expected to cut the policy rate by half a percentage point on Wednesday, following...

FxWirePro: GBP/USD set to for bigger drop, but close below key fibo needed.
Dec 10, 2024 16:04 pm UTC| Technicals
GBP/USD slipped lower on Tuesday as investors awaited US inflation data and additional economic updates later in the week. Investors will be closely watching Wednesdays consumer price index report for insight into the...

FxWirePro- Major pair levels and bias summary
Dec 10, 2024 15:56 pm UTC| Technicals
Major pair levels and bias...

FxWirePro: USD/ZAR trends higher, but faces potential pitfalls
Dec 10, 2024 15:50 pm UTC| Technicals
USD/ZAR steadied around 17.850 on Tuesday as investors focus shifted towards monthly U.S. and South African inflation data. Markets sought fresh signals about the Federal Reserves interest rate trajectory ahead of U.S....

Dec 10, 2024 15:41 pm UTC| Technicals
SP 500- 6063(0.11%) Major resistance- 6187 Near-term resistance - 6100 Minor support- 6040/5998/ 5975/5960/5885/5840/5825/5790. Trend reversal level- 5480 The pair holds above short-term (34, 55...
FxWirePro- Major Pair market sentiment (CCI-ADX-EMA setup)(US Session)
Dec 10, 2024 15:30 pm UTC| Technicals
Pair 4-Hour 8-hour Major resistance Major Support Trend...

FxWirePro: USD/ CNY attracts selling interest, vulnerable to more downside
Dec 10, 2024 15:28 pm UTC| Technicals
USD/CNY declined on Tuesday as Beijings surprise shift in its monetary policy stance toward more easing bolstered Chinese yuan Chinas Politburo announced on Monday plans for an appropriately loose monetary policy next...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand