FxWirePro- Crude oil Daily Outlook
Apr 17, 2024 09:36 am UTC| Technicals
WTI crude Oil pared some of its gains on the strong US dollar.It hit a low of $84.02 yesterday and is currently trading at $84.84. According to the American Petroleum Institute, crude inventories rose by 4.09...
FxWirePro- Silver Daily Outlook
Apr 17, 2024 08:42 am UTC| Technicals
Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $28.48 Kijun-Sen- $28.69 Silver is trading in a narrow range between $29.02 and $27.98 for the past three days. It hit a high of $28.46 at the time of...
FxWirePro: GBP/AUD uptrend looks tired, but continues to hold
Apr 16, 2024 21:13 pm UTC| Technicals
GBP/AUD initially gained on Tuesday but longs ceded some ground after UK labour data. UK unemployment rate rose by more than expected to 4.2% from 3.9%, also suggesting a loss of momentum in the jobs market. ...
FxWirePro:GBP/NZD retreats slightly but trend is still bullish
Apr 16, 2024 19:48 pm UTC| Technicals
GBP/NZD initially gained on Tuesday but gave up some ground after data showed Britains labour market lost a bit more of its inflationary heat. Data showed Britains unemployment rate rose by more-than-expected. The UK...
FxWirePro:EUR/NZD buoyancy keeps consolidation intact, set for further gains
Apr 16, 2024 18:04 pm UTC| Technicals
EUR/NZD strengthened on Tuesday as the kiwi dollar lost ground against the euro amidst heightened risk aversion sparked by geopolitical tensions. Tensions in the Middle East escalated once again as Israel pledged to...
FxWirePro: EUR/AUD positions for another climb, eyes 1.6650 level
Apr 16, 2024 17:21 pm UTC| Technicals
EUR/AUD extended gains on Tuesday as risk-sensitive currencies like Aussie dollar weakened as investors were cautious due to growing conflict in the Middle East. There was a muted reaction to mixed China data. Chinas...
FxWirePro- Ethereum Daily Outlook
Apr 16, 2024 12:02 pm UTC| Technicals Digital Currency
ETHUSDtrades are weak following the footsteps of Bitcoin.It hit a low of $2989 yesterdayand is currently trading around $3085. Hongkong Securities and Futures commission (SFC) approved BTC and ETH ETF on Monday....
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