FxWirePro:EUR/NZD outlook weaker on renewed downside pressure
Jun 03, 2024 15:39 pm UTC| Technicals
EUR/NZD declined on Monday as the pair attracted sellers after data showed US factory activity slips for a second month in May. The Institute for Supply Managements manufacturing purchasing managers index for May fell...
FxWirePro- Ethereum Daily Outlook
Jun 03, 2024 12:13 pm UTC| Technicals Digital Currency
ETHUSD consolidating after a massive jump of more than $1000. Ithit ahigh of $3950 and is currently trading around $3808. Around six issuers such as Fidelity, Van Eck, Franklin Templeton, Invesco Galaxy, Bitwise, and 21...
FxWirePro- BTCUSD Daily Outlook
Jun 03, 2024 12:02 pm UTC| Technicals Digital Currency
BTCUSDshowed a minor pullback on soft US inflation. It hit ahigh of $69312yesterday andis currently trading around $69050. The decline in US PCE has increased the chance of rate cut by Fed in Sep BTC ETF has seen...
FxWirePro- KASUSD(Chart of the day)
Jun 03, 2024 11:36 am UTC| Technicals Digital Currency
Kaspa is the fastest, open-source, decentralized fully scalable Layer-1 in the world. Kaspa is a proof-of-work cryptocurrency that implements the GHOSTDAG. GHOSTDAG - PHANTOM, is a proof-of-work-based...
FxWirePro- Crude oil Daily Outlook
Jun 03, 2024 10:44 am UTC| Technicals
WTI crude oil trades weak despite OPEC meeting.It hit a low of $76.63 at the time of writing and is currently trading at $78.96. The Organization of the Petroleum Exporting Countries (OPEC) including Russia and Saudi...
FxWirePro: GBP/AUD set for bigger drop, but close below key fibo needed
May 31, 2024 20:56 pm UTC| Technicals
GBP/AUD initially dipped but recovered some ground as investors reacted to the latest inflation reports from both the Eurozone and the US. Inflation in the Eurozones 20 countries increased by 2.6% year-on-year in May,...
FxWirePro: GBP/NZD downtrend extends ,eyes 23.6%fib support
May 31, 2024 20:55 pm UTC| Technicals
GBP/NZDcontinued to declineon Friday following the release of weaker-than-expected monthly US core inflation data. The personal consumption expenditures (PCE) price index, widely seen as the Feds favoured inflation...