
FxWirePro: USD/JPY Technical Outlook
Apr 08, 2022 08:45 am UTC| Technicals
Chart - Courtesy Trading View USD/JPY was trading 0.14% higher on the day at 124.06 at around 08:00 GMT. The major is extending gradual grind higher, holds 5-DMA support. US dollar remains supported by the prospect...

FxWirePro: Sell GBPJPY on rallies
Apr 08, 2022 08:26 am UTC| Technicals
GBPJPY trades lower on the weak Pound sterling. It continues to trade weak against the US dollar on hawkish comments from the fed. Any breach below 1.3000 confirms further bearishness. Markets eye US CPI and UK GDP data to...

FxWirePro: GBP/CHF struggles at 21-EMA, decisive break above required for upside continuation
Apr 08, 2022 07:57 am UTC| Technicals
Chart - Courtesy Trading View GBP/CHF was trading 0.14% lower on the day at 1.2184 at around 07:45 GMT. The pair has snapped a 5-day bullish streak at 21-EMA resistance, break above required for upside...

Apr 08, 2022 05:20 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $1929.94 Kijun-Sen- $1926.42 Gold trades lower on a strong US dollar. The US dollar index gained on aggressive rate hike increase. The surge in US treasury...

FxWirePro: EUR/NZD eyes fibo resistance after rallying off from 1.5725
Apr 07, 2022 21:46 pm UTC| Technicals
EUR/NZD strengthened on Thursday as ECB meeting hinted at a less dovish conditions for raising rates. European Central Bank policymakers appeared keen to unwind stimulus at their March 10 meeting, with some pushing for...

FxWirePro: GBP/AUD attracts buying interest, 50% fibonacci eyed
Apr 07, 2022 21:34 pm UTC| Technicals
GBP/ AUD rose on Thursday as weaker Australian dollar and lower oil prices boosted sterling. The price of oil fell amid uncertainty that the euro zone will be able to effectively sanction Russian energy exports, and...

FxWirePro: EUR/AUD rebounds, critical resistance lies ahead
Apr 07, 2022 18:25 pm UTC| Technicals
EUR/AUD strengthen on Thursday as the Feds tone offset a hawkish shift from Australias central bank, while a pullback in commodity prices also reversed some of their recent strength. Oil prices fell after rising ...