FxWirePro- Ethereum Daily Outlook
Jun 07, 2024 12:54 pm UTC| Technicals Digital Currency
ETHUSD showed a minor sell-off following the footsteps of BTC.Ithit alow of $3770 at the time of writing and is currently trading around $3790.30. The Volatility Shares 2x Ether Strategy ETF (ETHU)volume tripled on its...
FxWirePro- BTCUSD Daily Outlook
Jun 07, 2024 12:48 pm UTC| Technicals Digital Currency
BTCUSD trading weak after mixed US Non-Farm Payroll data. It hit ahigh of $71076 at the time of writing andis currently trading around $71320. US economy added 272000 jobs in May, compared to a forecast of 182000. The...
FxWirePro- SUIUSD (Chart of the day)
Jun 07, 2024 12:00 pm UTC| Technicals Digital Currency
Sui is a permissionless layer 1 blockchain designed to be both developer and user-friendly. It can support a wide range of application development with unrivaled speed at low cost. Consensus Mechanism-Delegated...
FxWirePro- Crude oil Daily Outlook
Jun 07, 2024 09:46 am UTC| Technicals
WTI crude oil gained sharply on rate cut hopes.It hit a high of $75.85 yesterday and is currently trading at $75.29. The rate cut by major central banks ECB and Bank Of Canada this week has increased the speculation of...
FxWirePro- Silver Daily Outlook
Jun 07, 2024 08:56 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $30.72 Kijun-Sen- $30.46 The Silvertraded flat ahead of US NFP data.It hit ahigh of $31.54 yesterday and is currently trading around $30.84. The US economy is...
Jun 07, 2024 08:17 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- $2370 Kijun-Sen- $2351 Goldjumped sharply after ECB monetary policy. It hit a high of $2387 yesterday andis currently trading around $2373. ECB cuts rates by 25 bpbs...
FxWirePro: GBP/AUD set to for bigger drop, but close below key fibo needed
Jun 07, 2024 00:33 am UTC| Technicals
GBP/ AUD slipped lower on Thursday after data showed a decline in British businesses wage growth expectations for the coming hear. A Bank of England survey showed British businesses wage growth expectations for the...