FxWirePro:EUR/AUD struggle to extend its recovery,good to sell on rally
May 08, 2024 17:37 pm UTC| Technicals
EUR/AUD initially rose on Wednesday, but later lost some ground as the euro struggled to maintain strength amid firm expectations that the ECB will cut rates before the Fed. The European Central Bank has signalled its...
FxWirePro- Major Pair levels and bias summary
May 08, 2024 16:23 pm UTC| Technicals
Major Pair levels and bias...
FxWirePro- Ethereum Daily Outlook
May 08, 2024 16:18 pm UTC| Technicals Digital Currency
ETHUSD has been trading sideways between $3221 and $2814 for the past week. It hit a low of $2977 at the time of writingand is currently trading around $2997. Grayscale withdrew its 19b-4 application for ETH ETF. The...
FxWirePro: EUR/NZD stuck in range but maintains bearish bias
May 08, 2024 16:07 pm UTC| Technicals
EUR/NZD traded within limited range on Wednesday as lack of key economic data in the Eurozone and the New Zealand kept movement limited . Wednesdays data calendar was light in Europe, consisting mainly of some German...
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
May 08, 2024 15:17 pm UTC| Technicals
GBP/NZD declined on Wednesday as sterling eased ahead of a Bank of England decision on interest rates. BOE is widely expected to keep rates unchanged. However, dovish bets have risen recently, with markets pricing in a...
FxWirePro: GBP/AUD recovery facing steep rock, likely to falter
May 08, 2024 14:55 pm UTC| Technicals
GBP/AUD strengthened on Wednesday but gains were limited as caution prevailed ahead of the BOE policy meeting . The Bank of England is expected to vote 8-1 in favor of keeping interest rates steady as it navigates an...
FxWirePro- BTCUSD Daily Outlook
May 08, 2024 12:22 pm UTC| Technicals Digital Currency
BTCUSDtrades weak on the strong US dollar. It hita low of $62054at the time of writing andis currently trading around $62435. According to Standard Chartered, Trump winning will lose the regulation and more spot ETF...
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