FxWirePro- The Bull and bear scenario for the top cryptocurrency (Bitcoin and ETH)
Jan 19, 2022 08:47 am UTC| Technicals Digital Currency
Bitcoin (BTCUSD)- BTCUSD trades weak for the past one week and hovering near a major support zone of $40000. It hits a high of $43209 this week and is currently trading around $41198. Bear case- Levels to...
FxWirePro: CHFJPY Daily outlook
Jan 19, 2022 08:43 am UTC| Technicals
Major Intraday resistance - 125.65 Intraday support- 124 CHFJPY took support near the trend line and showed a minor pullback. The pair was one of the worst performers this month and lost nearly 200 pips on...
FxWirePro- GBPJPY Daily Outlook
Jan 19, 2022 06:16 am UTC| Technicals
FxWirePro- GBPJPY Daily Outlook Short-term resistance -156.65 Intraday Support- 155.40 GBPJPY continues to trade lower on the weak Pound sterling. GBP declined nearly 140 pips from minor top 1.37487 on UK...
Jan 19, 2022 05:14 am UTC| Technicals
FxWirePro- Gold Daily Outlook Ichimoku Analysis (4-hour chart) Tenken-Sen- $1814.32 Kijun-Sen- $1817.51 Gold continues to trade lower on surging US Treasury yields. The downside in a yellow metal capped due to...
FxWirePro: EUR/AUD under pressure after early buying dries up, knocking on door of key support
Jan 18, 2022 23:19 pm UTC| Technicals
EUR/AUD declined on Tuesday as prospect of greater Fed, ECB divergence weighed on the pair. Investors leaned towards the Fed becoming more aggressive on rate hikes while the ECB remains accommodative. A daily...
FxWirePro: EUR/NZD attracts selling interest, vulnerable to more downside
Jan 18, 2022 23:08 pm UTC| Technicals
EUR/NZD declined on Tuesday as increased risk aversion and prospect of greater Fed, ECB divergence weighed on euro. EUR/ NZD fell to 1.6712 close to the 38.2% fib. A break under 38.2% fib would unmask 1.6650 level in...
FxWirePro: GBP/AUD loses momentum but outlook is bullish
Jan 18, 2022 22:48 pm UTC| Technicals
GBP/AUD retreated towards on 1.8900 on Tuesday as risk aversion and profit taking kept gains in check. Bullish tones since the BoE became the first major central bank to begin hiking, in December, have begun to ebb. ...