FxWirePro

FxWirePro

Chart pattern- Double bottom and Bullish divergence (Weekly chart) EURUSD gained sharply after a massive sell-off. It hit an intraday high of 1.03994 and is currently trading around 1.03917. It is good to buy on dips around 1.03725-50 with SL around 1.03000 for a TP of 1.0500.

FxWirePro

EUR/USD has shown a minor pullback once gained after forming a bottom near 1.03400. It hit a low of 1.03393 and is currently trading around 1.03400. It is good to sell below 1.03400 with a stop-loss at 1.0380 and a target price of 1.02400 for potential gains.

FxWirePro

The EUR/JPY breaks significant trendline support at 162.50 after a long consolidation on the strong yen. It hit an low of 162.20 and is currently trading around 162.24. The bearish intraday outlook is maintained as long as the resistance support 163.50 holds.

FxWirePro

Chart pattern- Triple bottom EUR/USD has once again gained after hitting a low of 1.03425. It hit an intraday high of 1.03980 and is currently trading around 1.03863. It is good to buy on dips around the 1.0378-80 mark, with a stop-loss at 1.03370 and a target price of 1.0500 for potential gains.

FxWirePro

The GBP/JPY currency pair pared some of its gains after weak UK jobs data.It dropped to a low of 196.88 at the time of writing and is currently trading around 197.08. The Potential Reversal Zone (PRZ) is set at 200.20. In October 2024, the number of people in the UK claiming unemployment benefits rose by 26.7 thousand, following a smaller increase of 10.1...

FxWirePro

GBPJPY surged after upbeat UK retail sales. Currently, the pair is positioned above the short-term 34 EMA, as well as the 55 EMA (194.76 and 194.44) and the long-term 365 Hull MA (194.11) on the 4-hour chart. Near-term resistance is located at around 196, and a breakthrough here could signal bullish intraday sentiment. It could indicate a renewed uptrend from a...

FxWirePro

Potential Reversal Zone (PRZ)- 1.09500 EURUSD trades weak on board-based US dollar buying. is consolidating after a massive sell-off. It hit a low of 1.109509 yesterday g and is currently trading around 1.09625. Intraday bias remains bearish as long as resistance 1.1000 holds. Markets eye FOMC meeting minutes for further direction. Technicals-  The pair is...

FxWirePro

GBPJPY consolidating in a narrow range between 194.37 193.89 for the past two days. It hits a high of 194.37 at the time of writing and is currently trading around 194.08. Overall trend remains bullish as long as support 192.50 holds. Technicals- The pair is trading above short-term 34, above 55 EMA (193.74 and 193.68), and long-term 365 Hull MA (193.89) in the...

FxWirePro

GBPJPY consolidating in a narrow range between 194.37 193.89 for the past two days. It hits a high of 194.37 at the time of writing and is currently trading around 194.08. Overall trend remains bullish as long as support 192.50 holds. Technicals- The pair is trading above short-term 34, above 55 EMA (193.74 and 193.68), and long-term 365 Hull MA (193.89) in...

FxWirePro

EURJPY pared most of its gains made on yen weakness. Intraday trend is weak as long as the resistance 163.50 holds. Indicator (1-hour chart and 15 min chart ) CCI (50)- Bearish (both 15 min and 1-hour chart) ADX- bearish (both 15-minute and 1-hour chart) It is good to sell on rallies around 162.38-40 with SL around 163.50 for a TP of 160

FxWirePro

GBPJPY consolidating in a narrow range between 193.98 and 193.07 yesterday. It hit a high of 193.90 at the time of writing and is currently trading around 193.83. Overall trend remains bullish as long as support 192.50 holds. Technicals- The pair is trading above short-term 34, above 55 EMA (193.74 and 193.68) and long-term 200 EMA (193.80) in the 15-minute...

FxWirePro

Chart Pattern- Big M Potential Reversal Zone (PRZ)- 1.12150 EURUSD declined after upbeat US jobs data. It hit a low of 1.109588 yesterday and is currently trading around 1.109750. Intraday bias remains bearish as long as resistance 1.1060 holds.  The pair is trading below  34- and 55 EMA in the one hour chart.   The near-term resistance is around...

FxWirePro

Harmonic pattern- Bearish BAT pattern GBPJPY pared most of its gain on the weak Pound sterling. It hits a high of 195.18 yesterday and is currently trading around 193.315. Overall trend remains bearish as long as resistance 196 holds. The near-term resistance is around 193.50,a breach above targets 194.25/195/195.97. Major trend continuation only above 196....

FxWirePro

XRP pared some of its gains after the SEC officially filed a notice of appeals against Ripple. The entire crypto market plunged sharply after Iran attacked Israel. XRP ETP According to Bitwise   Today we filed an initial registration statement on Form S-1 for a new Bitwise XRP ETP.  “We believe blockchains will usher in new apolitical monetary assets...

FxWirePro Updated 

EURUSD pared most of its gains as the dollar recovers. It hit a low of 1.11120 a the time of writing and is currently trading around 1.11172. Intraday bias remains bearish as long as support 1.1150 holds. Technicals-  The pair trades below  34- and 55 EMA in the 15-minute chart.   The near-term resistance is around 1.1150, a breach above targets...

FxWirePro

EURJPY pared most of its gains on the weak Euro. It hit a low of 159.63 at the time of writing and is currently trading around 159.71. Intraday bias remains bearish as long as resistance 161.20 holds. The recovery from 155.15 was completed at 163.49 and major bullishness was only above 163.89. Indicator (15-min chart)  CCI (50)- Bearish  Average directional...

FxWirePro

Technical (15 min chart)- The yellow metal trades below short-term (34 and 55 EMA ) and long-term (200- EMA). The near–term support is around $2660, a break below targets $2640/$2624/$2610/$2600/$2570/$2560/$2545/$2520/$2470. Major bearish continuation only below $2470.The yellow metal faces minor resistance around $2670 and a breach above will take it to the...

FxWirePro Updated 

GBPJPY tradin in a narrow range between 191.76 and 193.32 in past two days.It hits a low of 192.51 at the time of writing and is currently trading around 193.23. Intraday trend is bullish as long as support 192.40 holds. Technicals (15 min chart) The pair is trading above short-term 34,55 EMA (190.23 and 191.72) and long-term 200 EMA (191.51) in the...