FxWirePro- Silver Daily Outlook
Jun 06, 2024 09:37 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $30 Kijun-Sen- $30.57 Silvertook support near the 200-4H EMA and held above $30 on the weak US dollar.It hit ahigh of $30.63 at the time of writingand is currently...
FxWirePro:GBP/NZD extends drop, faces 23.6%fib support
Jun 06, 2024 00:31 am UTC| Technicals
GBP/NZD declined on Wednesday as kiwi dollar was supported by Chinas Services PMI, which recorded its 17th consecutive month of expansion. The Caixin/SP Global services purchasing managers index (PMI) rose to 54.0 from...
FxWirePro: EUR/AUD shorts gain traction as focus shifts ECB rate decision
Jun 06, 2024 00:23 am UTC| Technicals
EUR/AUD slipped lower on Wednesday as shorts gained traction as focus shifted to the European Central Banks key rate decision. The European Central Bank was all but certain to cut interest rates from record highs on...
FxWirePro: EUR/NZD slide extended ahead of ECB rate decision, scope for further downside
Jun 05, 2024 18:55 pm UTC| Technicals
EUR/NZD declined sharply on Wednesday as euro continued to weaken against kiwi dollar as focus shifted to the European Central Banks key rate decision .| The ECB meets on Thursday, and money markets price in an almost...
FxWirePro: GBP/AUD extends gains after weak Australian GDP data, room for further gains
Jun 05, 2024 18:01 pm UTC| Technicals
GBP/AUD gained further ground on Wednesday as weaker commodities price and weak Australian GDP data weighed on Australian dollar. Australias economy saw only a marginal growth of 0.1 percent in the March quarter,...
FxWirePro- ETHUSD Daily outlook
Jun 05, 2024 12:18 pm UTC| Technicals Digital Currency
FxWirePro- Ethereum Daily Outlook ETHUSD has consolidated between $3973 and $3700 despite BTCs bullish trend.Ithit ahigh of $3840 yesterday and is currently trading around $3803. The Volatility Shares 2x Ether...
FxWirePro- BTCUSD Daily Outlook
Jun 05, 2024 11:57 am UTC| Technicals Digital Currency
BTCUSD inches towards all-time high on upbeat market sentiment. It hit ahigh of $71339 at the time of writing andis currently trading around $70903. The realized market cap for investors holding BTC for one month or...