FxWirePro- The Bull and bear scenario for the top cryptocurrency (Bitcoin and ETH)
Jan 13, 2022 09:30 am UTC| Technicals
Bitcoin (BTCUSD)- BTCUSD is trading higher after forming a temporary bottom around $39550.The pair has closed above $40000 for the third consecutive day. It hits a low of $44078 at the time of writing and is...
FxWirePro- GBPJPY Daily Outlook
Jan 13, 2022 09:08 am UTC| Technicals
Short-term resistance -157.75 Intraday Support- 155.70 GBPJPY is trading flat despite strong Pound sterling. The cable gained sharply for a third consecutive week on board-based US dollar selling. The Brexit...
Jan 13, 2022 08:51 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $1821.50 Kijun-Sen- $1805.45 Gold regained sharply on the weak US dollar. The US dollar index lost more than 50 pips after US CPI data. The yearly inflation...
FxWirePro: USD/JPY extends previous session's weakness, traders assess U.S. inflation surge
Jan 13, 2022 06:11 am UTC| Technicals
Chart - Courtesy Trading View USD/JPY was trading 0.08% lower on the day at 114.53, after closing 0.57% lower in the previous session. Data released overnight showed U.S. consumer prices rose at their fastest rate in...
FxWirePro: GBP/AUD consolidates above 1.8800 after early fall, maintains bullish bias
Jan 12, 2022 23:52 pm UTC| Technicals
GBP/AUD initially dipped on Wednesday on higher commodity prices but recovered ground as investors ramped up expectations of further rate rise by BoE. GBP has been consolidating of late against Australian dollar on...
FxWirePro:GBP/NZD uptrend stalled, progress needed soon to sustain
Jan 12, 2022 23:38 pm UTC| Technicals
GBP/NZD dipped on Wednesday as higher commodities prices benefited Australian dollar but downside was limited as investors focused on BoE hikes . GBP/NZD remains bullish, only a break and daily close below at...
FxWirePro: EUR/NZD pauses decline,critical support lies ahead
Jan 12, 2022 23:21 pm UTC| Technicals
EUR/NZD dipped on Wednesday as weaker US CPI data and higher commodities prices helped lift kiwi dollar across the board. The pair dipped towards 1.6700 level, slide stopped after finding support at 1.6685 (38.2%fib...