FxWirePro- Crude oil Daily Outlook
Jul 03, 2024 10:24 am UTC| Technicals
WTI crude oil pared some of its gains as global growth concerns. It hit a high of $84.25yesterday and is currently trading at $82.82 According to API crude inventory data, crude oil inventories declined by 914000...
FxWirePro- Silver Daily Outlook
Jul 03, 2024 09:49 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $29.515 Kijun-Sen- $29.25 Silver gained sharply despite the strong US dollar.It hit ahigh of $30.18 at the time of writing and is currently trading around...
FxWirePro: EUR/NZD under pressure after early buying dries up
Jul 02, 2024 20:57 pm UTC| Technicals
The EUR/NZD initially rose on Tuesday but retreated after data showed a decline in Eurozone inflation last month. Consumer inflation in the 20 countries using the euro currency slowed to 2.5% in June, down from 2.6%...
FxWirePro: EUR/AUD drifts lower , could be on verge of a bigger drop
Jul 02, 2024 20:37 pm UTC| Technicals
EUR/AUD initially gained on Tuesday but gave up ground after data showed Euro zone inflation eased last month. Consumer inflation in the 20 nations sharing the euro currency slowed to 2.5% in June from 2.6% a month...
FxWirePro- Ethereum Daily Outlook
Jul 02, 2024 17:52 pm UTC| Technicals Digital Currency
ETHUSD pared some of its gains after a minor jump above $3500.It hit a high of $3518 at the time of writing and is currently trading around $3416. According to the Gemini exchange, ETH ETF inflows are expected to reach...
FxWirePro: GBP/AUD recovery facing a steep rock, likely to falter
Jul 02, 2024 17:28 pm UTC| Technicals
GBP/AUD recovery is encountering significant resistance and is likely to falter as investors were cautious ahead of British parliamentary elections. Britain heads to the polls on Thursday. The opposition Labour party...
FxWirePro- BTCUSD Daily Outlook
Jul 02, 2024 11:09 am UTC| Technicals Digital Currency
BTCUSD showed a minor sell-off after forming a minor top of around $63794. It hit a high of $62346andis currently trading around $62666. According to Lookonchain data, BTC ETF saw significant outflows in the past few...