FxWirePro- XRPUSD Daily Outlook
Aug 29, 2024 11:56 am UTC| Technicals Digital Currency
Ripplepared most of its gains yesterday on overall crypto market weakness. It hit a low of $0.5535 and is currently trading around $0.5781. According to santiment data, the number of XRP whale addresses that hold...
FxWirePro- HNTUSD (Chart of the day)
Aug 29, 2024 11:15 am UTC| Technicals Digital Currency
Helium is a decentralized distributed network of Hotspots for Internet of Things (IoT) devicesusing the LoRaWAN system.It is one of the leading DePIN protocols. HNTUSD recovered after a minor sell-off.HNT trading...
FxWirePro- Crude oil Daily Outlook
Aug 29, 2024 10:37 am UTC| Technicals
Crude oil showed a minor sell-off despite the weak US dollar. It hit a low of $73.79 yesterday and is currently trading around $74.51. According to the Energy Information Association (EIA), crude inventories...
FxWirePro- BTCUSD Daily Outlook(European session update)
Aug 29, 2024 10:07 am UTC| Technicals Digital Currency
BTCUSDis consolidating after a major sell-off. It hit a low of $57866 andis currently trading ataround $59643. The entire crypto market is under pressure despite a 100% probability of a rate cut by the Fed this...
Aug 29, 2024 08:48 am UTC| Technicals
EURGBP trade idea EURGBP was one of the worst performers this week on board-based Pound sterling buying. It hit a low of 0.84026 and is currently trading around 0.84055. Technicals- The pair is trading...
FxWirePro- Major European Indices
Aug 29, 2024 08:46 am UTC| Technicals
Germany DAX - 18838 (0.30% ) Major resistance- 19000 Near-term resistance - 18925 (May 2024 high) Minor support- 18692(34- H EMA), 18608 (55- 4H EMA),18422, 18310 (200 H EMA). Trend reversal...
FxWirePro: USD/ JPY remains within a narrow range as focus shifts to upcoming U.S. economic data
Aug 29, 2024 08:02 am UTC| Technicals
USD/JPY edged higher on Thursday but gains were limited as markets focussed labour market and inflation data out of the U.S. The second estimate of U.S. Q2 GDP and weekly jobless claims are likely to generate...