FxWirePro: GBP/AUD reverses early rally ,bias back to downside
Aug 05, 2024 18:30 pm UTC| Technicals
GBP/AUD initially gained on Monday but reversed course as investor sentiment soured towards riskier assets due to growing fears over a possible recession in the United States. Markets have been impacted by Fridays weak...
FxWirePro : EUR/AUD early gains fade, reversal is likely
Aug 05, 2024 17:01 pm UTC| Technicals
EUR/AUD rose higher initially on Monday but gave up most of the ground as fears of U.S. recession mounted after weak economic data sparked a global sell-off. Fridays data showed a sharp slowdown in U.S. job growth,...
Worst performing Altcoins (past 24 hours)
Aug 05, 2024 11:35 am UTC| Technicals Digital Currency
CRVUSD- It breaks significant support$0.2185 after a long consolidation. It lost more than 20% from the previous days close and hit a fresh all-time low. Major support -$0.1440 Major resistance-...
FxWirePro- Ethereum Daily Outlook
Aug 05, 2024 10:20 am UTC| Technicals Digital Currency
ETHUSD lost more than 25% in the past two days following in the footsteps of Bitcoin. It hit a low of $3022 at the time of writing and is currently trading ataround $3025.. US recession fears dragged the global...
FxWirePro: GBP/AUD rebounds strongly as soft U.S. jobs data helps longs take control
Aug 02, 2024 22:22 pm UTC| Technicals
GBP/AUD rebounded strongly on Friday as the pair lifted by weaker than expected U.S. jobs data. The data heightened concerns that the US economy is slowing faster than expected and that the Federal Reserve may have made...
FxWirePro:GBP/NZD rebounds from 3-week low, outlook bullish
Aug 02, 2024 21:59 pm UTC| Technicals
GBP/ NZD rebounds from 3-week low on Friday as weak U.S. jobs report spurred worries on the health of the American economy . The U.S. unemployment rate surged to a near three-year high of 4.3% due to a significant...
FxWirePro :EUR/NZD bulls make progress on downbeat US jobs report
Aug 02, 2024 21:28 pm UTC| Technicals
The EUR/NZD rally extended on Friday as surprisingly weak U.S. employment data stoked fears of a recession, prompting investors to dump the riskier Kiwi dollar. The U.S. jobs report showed that job growth slowed more...