
FxWirePro- Chainlink (Chart of the day)
Jan 31, 2024 10:38 am UTC| Technicals Digital Currency
Chainlink is a decentralized blockchain oracle network built on Ethereum that facilitates smart contracts on blockchain platforms to securely connect with external data sources, APIs, and payment systems. LINKUSD...

FxWirePro: EUR/NZD upside limited, scope for a dive through key fibo support
Jan 30, 2024 23:10 pm UTC| Technicals
EUR/NZD initially gained on Tuesday but gave up most of the ground as investors digested Eurozone GDP data. A broader reading of the euro zone showed the economy narrowly avoided a technical recession in the last three...

FxWirePro: EUR/AUD capped by the 50.0% fibonacci, good to sell on rally
Jan 30, 2024 22:54 pm UTC| Technicals
EUR/AUD strengthened Tuesday as data revealed that the Eurozone narrowly averted a technical recession in the fourth quarter. Gross domestic product (GDP) in Eurozone nations was flat in the fourth quarter compared to...

FxWirePro : GBP/NZD stuck in range but maintains bearish bias
Jan 30, 2024 22:28 pm UTC| Technicals
GBP/NZD dipped on Tuesday as sterling was weighed down by concerns that BoE might guide to a less-hawkish path. The Bank of England is expected to hold interest rates steady at 5.25% on Thursday for the fourth time...

FxWirePro: GBP/ AUD neutral in the near-term, scope for downward resumption
Jan 30, 2024 17:53 pm UTC| Technicals
GBP/ AUD traded in tight range on Tuesday as investors turned cautious ahead of the Bank of Englands policy announcement on Thursday. Despite UK inflation climbing to 4% and core inflation jumping to 5.1%, there is...

FxWirePro- Ethereum Daily Outlook
Jan 30, 2024 13:16 pm UTC| Technicals Digital Currency
ETHUSD is trading slightly higher, following in the footsteps of BTC. It hit a high of $2332 at the time of writing and is currently trading around $2306. According to CryptoQuant data, the staked Ethereum market cap...

FxWirePro- BTCUSD Daily Outlook
Jan 30, 2024 11:37 am UTC| Technicals Digital Currency
BTCUSD prices surged above $43000 after a massive sell-off. It hit a high of $43775 and is currently trading around $ 43452. Bitcoin supply declined to 5.40% on Jan 30th from 6.05% in August. The decrease in supply...