FxWirePro: GBP/AUD falls after Bank of England holds rates, scope for further downside
Jun 20, 2024 19:53 pm UTC| Technicals
GBP/AUD declined on Thursday after the BoE delivered a dovish hold to British rates. The BoEs Monetary Policy Committee voted 7-2 to keep rates on hold, in line with economists expectations . BoE Governor Andrew...
FxWirePro: EUR/NZD uncertainty in France weighs,downside bias remains
Jun 20, 2024 17:49 pm UTC| Technicals
EUR/NZD dipped on Thursday as on-going concerns about political instability in the Eurozone continue to erode investor confidence in the Euro. On the data front, German producer prices fell slightly more than expected...
FxWirePro- ETHUSD Daily Outlook
Jun 20, 2024 12:35 pm UTC| Technicals Digital Currency
ETHUSD gained momentum after the SEC dropped the ETH probe. It hit a high of $3624 yesterday and is currently trading around $3592. The Enforcement Division of the SEC has notified us that it is closing its...
FxWirePro- BTCUSD Daily Outlook
Jun 20, 2024 11:54 am UTC| Technicals Digital Currency
BTCUSD showed a minor pullback on rate cut hopes. It hit a low of $64050 and currently trades around $65123. Bitcoin long-term whales sold around $1.2 billion in the past two weeks. BTC ETF outflows increased to $460M...
FxWirePro- AGIXUSD (Chart of the day)
Jun 20, 2024 11:21 am UTC| Technicals Digital Currency
SingularityNET Platform is an open and decentralized network of AI services made accessible through the Blockchain. It gives developers a commercial launchpad and also allows the AIs to interoperate, creating a more...
FxWirePro- Crude oil Daily Outlook
Jun 20, 2024 10:08 am UTC| Technicals
Crude oil- WTI crude oil showed a minor sell-off after hitting a 7-week high. It hit a high of $81.12 yesterday and is currently trading at $80.64. Oil prices was one of the best performers in the past two...
FxWirePro -USDCHF trades higher after dovish rate cut by SNB, good to buy on dips
Jun 20, 2024 08:40 am UTC| Technicals
USDCHF showed a minor pullback after the SNB monetary policy. The pair was one of the worst performers this month and hit a low of 0.88265. It is currently trading around 0.88901. The Swiss National Bank (SNB) cuts...