FxWirePro- Crude oil Daily Outlook
Jun 13, 2024 10:25 am UTC| Technicals
WTI crude oil showed a minor sell-off on strong US dollar. It hit a low of $77.85 yesterday and is currently trading at $78.35. According to Energy Information Agency (EIA), US crude inventories increased by 3.7 million...
FxWirePro- Silver Daily Outlook
Jun 13, 2024 09:07 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $29.55 Kijun-Sen- $30.19 Silver pared some of its gains after Fed hawkish shift. It hit alow of $28.84 yesteerdayand is currently trading around $29.348. Precious...
FxWirePro:EUR/AUD shorts dominate after US CPI data and Fed minutes release
Jun 12, 2024 21:26 pm UTC| Technicals
EUR/AUD declined on Wednesday as sellers maintained control and continued to dominate following the release of US CPI data and Fed minutes. Labor Departments closely watched CPI report released showed core prices...
FxWirePro: EUR/NZD shorts maintain advantage after US inflation data
Jun 12, 2024 20:34 pm UTC| Technicals
EUR/NZD initially dipped on Wednesday but recovered some ground as investors digested US inflation data. U.S. consumer prices were unexpectedly unchanged in May as cheaper gasoline and other goods offset higher costs...
FxWirePro :GBP/NZD downtrend extends ,eyes support 23.6%fib
Jun 12, 2024 18:36 pm UTC| Technicals
GBP/NZD declined sharply on Wednesday as investors reacted to soft UK economic growth and weaker US inflation data. Data showed UK economic growth stagnated at the start of the second quarter.Britains economic growth...
FxWirePro:GBP/AUD falls below 1.9300 level as soft UK GDP and US CPI data weighs
Jun 12, 2024 17:31 pm UTC| Technicals
GBP/AUD declined sharply on Wednesday as investors digested soft UK GDP and US CPI data. The Office for National Statistics reported that UK GDP remained unchanged in April compared to the previous month, marking a...
FxWirePro- Major pair levels and bias summary
Jun 12, 2024 13:18 pm UTC| Technicals
Major pair levels and bias...