
May 19, 2025 09:34 am UTC| Technicals
CAD/JPYlost its shine as yen gains momentum. It hits an low of 103.67 and is currently trading around 103.81. In March 2025, Canadian manufacturing sales dropped 1.4% from the last month to CAD 71.9 billion, the second...

FxWirePro: USD/JPY hits one week low , scope for further downside
May 19, 2025 09:03 am UTC| Technicals
USD/JPY dipped to hit one week low on Monday as markets reacted to Fridays late news of a U.S. sovereign credit rating downgrade by Moodys, which cited concerns over rising debt levels. Moodys downgraded the U.S....

EUR/JPY: Sell on Rallies for Potential Downside to 160.10
May 19, 2025 08:37 am UTC| Technicals
EUR/JPYgained sharply from minor bottom 162.13. It hit an intra day high of 162.96 and is currently trading around 162.96. Intraday outlook is bearish as long as the resistance 165 holds. Technical Analysis: The...

GBP/JPY Intraday Outlook: Bears in Control Below 195
May 19, 2025 08:35 am UTC| Technicals
GBP/JPYshowed a minor pullback as the pound sterling gained strength. It hit an intraday high of 193.75 and is currently trading around 193.52. Intraday trend is bearish as long as resistance 195 holds. The GBP/JPY pair...

FxWirePro: USD/CNY rebounds from 1 -week low as soft China data pressures yuan
May 19, 2025 06:57 am UTC| Technicals
USD/CNY rebounded from one week low on Monday as Chinas yuan weakened following soft Chinese economic data. Industrial output grew 6.1% year-on-year in April, according to National Bureau of Statistics (NBS) data...

FxWirePro: AUD/USD eases slightly ahead of RBA policy decision
May 19, 2025 06:03 am UTC| Technicals
AUD/USD dollar edged lower on Monday as investors digested mixed economic data from China and awaited Tuesdays Reserve Bank of Australia (RBA) policy decision. Data from China the largest trading partner of Australia...