
Dec 02, 2024 11:50 am UTC| Technicals
EURGBP pared some of its gains on the weak Euro. Intraday bias remains bearish as long as resistance 0.8340holds. It hit a low of 0.83048at the time of writing and is currently trading around 0.83170. Today, ECB...

Dec 02, 2024 11:04 am UTC| Technicals
Germany DAX - 19598(-0.25%) Major resistance- 20000 Near-term resistance - 19689/19800 Minor support- 19525/19470/19335 Trend reversal level- 17000 The pair hold above short-term (34 EMA,...

FxWirePro: EUR/CAD moves lower as French politics weighs
Dec 02, 2024 09:32 am UTC| Technicals
EUR/CAD declined on Monday as euro attracted sellers on growing concerns about a possible government collapse in France. Prime Minister Michel Barniers government is on the brink of collapse after the far-right National...
Dec 02, 2024 09:21 am UTC| Technicals
The EUR/JPY is trading weak for a third consecutive week and lost more than 300 pips on board-based Euro weakness. It hit a low of 158.23and currently trading around 158.74.The bearish intraday outlook is maintained as...

FxWirePro: USD/JPY capped by the 38.2% fibonacci, good to sell on rally
Dec 02, 2024 09:18 am UTC| Technicals
USD/JPY strengthened on Monday as dollar rebounded on rate uncertainty and tariff threat. On the data front, Japanese corporate spending on plant and equipment accelerated in the third quarter, indicating strong...

FxWirePro: USD/ZAR AUD bulls gear up for next leg higher, eyes 1.8300 level
Dec 02, 2024 08:49 am UTC| Technicals
The USD/ZAR strengthened on Monday as US dollar rebounded strongly after U.S. President-elect Donald Trump warned BRICS members against adopting a new currency. In a surprising shift, Trump on Saturday demanded that...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand