
FxWirePro: USD/CAD holds above 1.3800 but upside is limited
May 28, 2025 16:48 pm UTC| Technicals
USD/CAD edged higher on Wednesday as upbeat US economic data and optimism that trade deals will brighten the U.S. economic outlook lifted greenback. US consumer confidence rose to 98 in May, a Conference Board report...

May 28, 2025 16:25 pm UTC| Technicals
SP 500- 5876 (-1.1%) Major resistance- 6150 Near-term resistance -5920/6000/6064/6100. Minor support- 5780/5725/5679/5600/5550. Trend reversal level- 4800 The pair holdsbelow short-term (34, 55...

FxWirePro: USD/MXN gains some upside momentum but still bearish
May 28, 2025 16:01 pm UTC| Technicals
USD/MXN strengthened on Wednesday as the dollar found fresh impetus overnight after robust U.S. consumer confidence data. . U.S. consumer confidence rose in May after five months of decline amid a trade truce with...

FxWirePro: USD/ZAR neutral in the near-term, scope for downward resumption
May 28, 2025 15:10 pm UTC| Technicals
USD/ZAR traded in tight range on Wednesday as South African rand firmed ahead of the central banks interest rate decision. The South African Reserve Bank (SARB) is scheduled to announce its latest monetary policy...
May 28, 2025 12:28 pm UTC| Technicals
Market Roundup German Import Price Index (MoM) (Apr) -1.7%, -1.4% forecast, 3 -1.0% previous German Import Price Index (YoY) (Apr) -0.4%,0.1% forecast, 2.1% previous French Consumer Spending (MoM) (Apr) 0.3%,...

ETH/USD: Bulls Await $2770 Breach for $4000 Target
May 28, 2025 12:10 pm UTC| Digital Currency Technicals
ETHUSD is trading in a narrow range between $2713 and $2463 for the past two days. It hits an intraday high of $2660 and is currently trading around $2656. SharpLink Gaming said it would purchase Ethereum (ETH) as its...

FxWirePro: GBP/USD bulls loosen their grip a bit, dips to be bought
May 28, 2025 12:00 pm UTC| Technicals
GBP/USD eased on Wednesday as dollar was firm due to upbeat consumer confidence data and hopes for more U.S. trade deals. U.S. consumer confidence improved in May after deteriorating for five straight months amid a...
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