
FxWirePro: GBP/USD bulls loosen their grip a bit after UK inflation data, dips to be bought
May 21, 2025 12:06 pm UTC| Technicals
GBP/USD retreated on Wednesday as stronger-than-expected UK inflation data prompted investors to scale back expectations for imminent Bank of England rate cuts. Data showed, Britain saw a sharper-than-expected rise in...

FxWirePro: USD/CNY downside pressure builds, key support level in focus
May 21, 2025 10:48 am UTC| Technicals
USD/CNY slipped lower on Wednesday as the U.S. dollar softened amid investor focus on the progress of President Trumps tax bill. U.S. President Donald Trump faced a significant political setback as he failed to rally...

USDCHF Technical Analysis: Bears Target 0.8150 Amid US Economic Woes
May 21, 2025 10:37 am UTC| Technicals
USDCHF pared most of its gains on board-based US dollar weakness. It hit an intraday low of 0.82273 and is currently trading around 0.82324.Intraday bias appears to be bearish as long as theresistance 0.8405 holds. The...

BNB/USD: Bullish Momentum Intact, Eyes $800/$1000 on Break Above $680
May 21, 2025 10:15 am UTC| Digital Currency Technicals
BNB/USD gained slightly following the foot steps of Bitcoin. It hits an high of $669 at the time of writing and is currently trading around $661.16. Overall bias remains bullish as long as support $500 holds. It trades...

May 21, 2025 10:09 am UTC| Technicals
Germany DAX - 23981 (-0.32%) Major resistance- 24000 Near-term resistance 24000/24345/24500. Minor support - 23790/23600/23475/23350/23500/23380/23200/23080/22900/22780. Trend reversal level-...

EURGBP Technical Analysis: Bulls Eye 0.8600 Amid Euro Area Vulnerabilities
May 21, 2025 10:07 am UTC| Technicals
EURGBP recovered sharply after on board-based Euro buying. Intraday bias remains bullish as long as support 0.8420 holds. It hits an intraday high of 0.84531 and is currently trading around 0.84527. The ECBs May 2025...

EUR/JPY Weakness Persists: Sell on Rallies for Potential Profit
May 21, 2025 08:42 am UTC| Technicals
EUR/JPYtrades weak despite strong Euro. It hit a low of 162.65 and is currently trading around 162.91. Intraday outlook is bearish as long as the resistance 165 holds. Technical Analysis: The EUR/JPY pair is...