FxWirePro- BTCUSD Daily Outlook
Jul 15, 2024 11:48 am UTC| Technicals Digital Currency
BTCUSD holds above $60000 as whales accumulate, good to buy on dips BTCUSD surged sharply on rate cut hopes. It hita highof $63259andis currently trading around $62594. Bitcoin whales have accumulated 71000...
FxWirePro- STXUSD (Chart of the day)
Jul 15, 2024 10:58 am UTC| Technicals Digital Currency
Stacks is a Bitcoin layer for smart contracts. The Stacks layer enables DeFi, NFTs, and other decentralized apps built on Bitcoin. Consensus mechanism- Proof of Transfer STXUSD performed well in the past two...
FxWirePro- Crude Oil Daily Outlook
Jul 15, 2024 09:05 am UTC| Technicals
WTI crude oil lost its shine on weak Chinese data. It hit alow of $81.58yesterday and is currently trading at $82.27. Chinas second-quarter GDP rose 4.7% YoY, below market expectations of a 5.1% growth. Chinese...
FxWirePro- Silver Daily Outlook
Jul 15, 2024 06:05 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $30.915 Kijun-Sen- $30.48 Silver is trading weak despite the weak US dollar. It hit ahigh of $31.75 and is currently trading around $30.98. Chinas...
FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption
Jul 12, 2024 22:32 pm UTC| Technicals
EUR/AUD initially dipped but the pair turned slightly positive in US session as investors booked profits ahead of long weekend. On the data front, consumer prices in France rose 2.5% year-on-year in June, while German...
FxWirePro: GBP/NZD positions for another climb, eyes 2.1300 level
Jul 12, 2024 22:23 pm UTC| Technicals
GBP/NZD picked up further upside momentum on Friday as upbeat sentiment and stronger pound boosted the pair . investor confidence rose as expectations grew of an interest rate reduction by the Fed in September,...
FxWirePro: EUR/NZD loses momentum but outlook is bullish
Jul 12, 2024 22:06 pm UTC| Technicals
EUR/NZD initially gained but gave up ground as investors booked profits ahead of long week end. EUR//NZD has run out of steam after hitting daily high at 1.7829, but the pair is holding onto bull territory . ...