FxWirePro- HNTUSD (Chart of the day)
Aug 27, 2024 06:01 am UTC| Technicals
Helium is a decentralized distributed network of Hotspots for Internet of Things (IoT) devicesusing the LoRaWAN system. Recent news Nick Gracia tweeted Take @helium - over 500,000 subscribers have...
FxWirePro: USD/ CNY edges higher but the overall outlook remains bearish
Aug 27, 2024 05:54 am UTC| Technicals
USD/ CNY recovered slightly on Tuesday but remained close to a three-week low as investors booked profit on shorts. Official data released on Tuesday revealed a slight acceleration in China industrial profit growth for...
FxWirePro: USD/ JPY trends higher, but faces potential pitfalls
Aug 27, 2024 05:18 am UTC| Technicals
USD/JPY recovered from three week low on Tuesday as concerns over tensions in the Middle East partially offset investors optimism for U.S. interest rate cuts. Investors are on edge amid geopolitical risks, with Israel...
Aug 27, 2024 04:02 am UTC| Technicals
NZDJPY has been consolidating in a narrow range between 92.27 and 89.13 for the past week. It hit a low of 89.13 and is currently trading around 90.06. Technicals- The pair trades above 34- and 55 EMA in the...
FxWirePro-GBPJPY Intra day trade idea (first update)
Aug 27, 2024 03:08 am UTC| Technicals
GBPJPY jumped over 100 pips from yesterdays low on a weak yen. It hit a low of 189.50 and is currently trading around 191.15. The Japanese yen showed a minor weakness onrising US yields. Technicals-...
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Aug 26, 2024 19:57 pm UTC| Technicals
EUR/NZD saw little momentum on Monday as investors awaited several key economic data releases this week, seeking clues about the future direction of monetary policy. On the data front, German business morale fell for a...
FxWirePro: EUR/AUD pauses decline,critical support lies ahead
Aug 26, 2024 19:38 pm UTC| Technicals
EUR/AUD little changed on Monday as investors were cautious ahead of key economic data releases this week, seeking clues about the future direction of monetary policy. Investors are waiting for key economic data this...