
FxWirePro-Major European Indices
Dec 03, 2024 12:08 pm UTC| Technicals
Germany DAX - 19957(0.13%) Major resistance- 21132 Near-term resistance - 20480/21000 Minor support- 19760/19587/19430/19285 Trend reversal level- 17000 The pair hold above short-term (34...

FxWirePro: USD/ZAR loses momentum but maintains bullish outlook
Dec 03, 2024 09:21 am UTC| Technicals
The USD/ZAR edged lower on Tuesday as investors awaited South Africas third-quarter GDP data, which could offer insights into the health of Africas most industrialized economy. Analysts expect growth to improve, driven...
FxWirePro: USD/JPY stuck in range but maintains bearish bias
Dec 03, 2024 09:09 am UTC| Technicals
USD/JPY remained close to seven weeks low amid expectations that the Bank of Japan could soon raise interest rates again. Over the weekend, Bank of Japan Governor Kazuo Ueda stated that interest rate hikes are nearing...

Dec 03, 2024 08:49 am UTC| Technicals
The EUR/JPY showed a minor pulback due to profit booking.It hits a low of 156.38and currently trading around 157.79.The bearish intraday outlook is maintained as long as the resistance at 160.35holds. Euro...

FxWirePro: USD/CNY hits thirteen month high, room for further gains
Dec 03, 2024 08:16 am UTC| Technicals
USD/CNY hit thirteen month high on Tuesday as tariff risks and weakness in Chinas economy pushed the yuan lower . Over the weekend, Trump threatened to impose punitive tariffs unless BRICS member countries committed to...

Market Pulse: Spotting Opportunities in the GBP/JPY Downtrend
Dec 03, 2024 08:15 am UTC| Technicals
The GBP/JPY currency pair has recently reached a significant multi-month high, primarily influenced by the strengthening of the Japanese yen (JPY). At the time of writing, the pair hit a low of 188.47 and is currently...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand