
FxWirePro: USD/JPY hits 6-week low, outlook bearish
Nov 29, 2024 09:46 am UTC| Technicals
USD/JPY declined to hit 6-week low on Friday as traders ramped up bets on a rate hike by the Bank of Japan better-than-expected inflation in Tokyo . Data showed core consumer prices in Japans capital accelerated in...

Nov 29, 2024 08:47 am UTC| Technicals
The GBP/JPY currency pairshowed a minor sell-off on the strong yen.It hit a low of 190.33at the time of writing and is currently trading around 190.76.The Potential Reversal Zone (PRZ) is set at 200.20. Tokyos Consumer...

FxWirePro: NZD/USD momentum negative despite recovery attempts
Nov 29, 2024 06:23 am UTC| Technicals
NZD/USD strengthened on Fridayafter data showed New Zealand consumer confidence rose in November. Consumer confidence in New Zealand rose in November, ANZ-Roy Morgan data showed on Friday, with falling interest rates...

FxWirePro: AUD/ USD claws back some losses but recovery muted
Nov 29, 2024 05:41 am UTC| Technicals
AUD/ USD strengthened on Friday as hawkish speech by Reserve Bank of Australia (RBA) Governor Michele Bullock supported Australian dollar. Reserve Bank of Australia (RBA) Governor Michele Bullock stated at an economic...

FxWirePro: EUR/AUD changes short term trend from neutral to bearish
Nov 29, 2024 00:03 am UTC| Technicals
EUR/AUD eased on Thursday as trading volumes thinned ahead of the U.S. Thanksgiving holiday. The euro eased against Australian dollar after its sharp rise on Wednesday following hawkish remarks from European Central...

FxWirePro : GBP/NZD tight ranges prevail as market waits for fresh catalyst
Nov 28, 2024 23:46 pm UTC| Technicals
GBP/NZD dipped on Thursday as the pair failed find strong direction in quiet trading session due to a U.S. holiday. Trading volume was thin across markets as U.S. stocks and bonds markets were shut due to the...
Gold Price Holds Above $4,130 as Fed Rate Outlook and Middle East Tensions Support Safe-Haven Demand