FxWirePro- Silver Daily Outlook
May 31, 2024 09:30 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $31.43 Kijun-Sen- $31.36 silverlost its shine yesterday despite the weak US dollar.It hit alow of $30.77 at the time of writing and is currently trading around...
FxWirePro: EUR/ NZD trends higher, but faces potential pitfalls
May 30, 2024 23:42 pm UTC| Technicals
EUR/ NZD gained on Thursday as investors awaited Eurozone inflation data for clues on ECBs stand on monetary policy easing. Money markets currently see around 35 basis points of interest rate cuts by the U.S. Federal...
FxWirePro:GBP/AUD steadies around 1.9200, retains bid tone
May 30, 2024 23:31 pm UTC| Technicals
GBP/ AUD steadied on Thursday as investors waited for U.S. personal consumption expenditures (PCE) data. The Feds preferred measure of inflation on Friday could provide further indications on how the central bank might...
FxWirePro: GBP/NZD consolidating around 2.0825, room for further gains
May 30, 2024 21:32 pm UTC| Technicals
GBP/NZD strengthened on Thursday as sterling attracted buyers ahead key data from Eurozone and US. Sterlings recent increase stems from the higher-than-expected UK CPI report on May 22, which lowered near-term...
FxWirePro: EUR/AUD backs off Wednesday high ahead of Euro zone and U.S inflation data
May 30, 2024 19:12 pm UTC| Technicals
EUR/AUD declined on Thursday as the pair attracted sellers ahead of key Euro zone and U.S. inflation data . Spotlight this week would be on a reading of May consumer prices for the euro zone due on Friday. U.S....
FxWirePro- Ethereum Daily Outlook
May 30, 2024 12:37 pm UTC| Technicals Digital Currency
ETHUSD hits multi- months high on upbeat market sentiment. Ithit alow of $3700 yesterdayand is currently trading around $3721.50. Eric Balchunas, a senior ETF analyst at Bloomberg,expects only 20% of BTC ETF inflows for...
FxWirePro- BTCUSD Daily Outlook
May 30, 2024 09:56 am UTC| Technicals Digital Currency
BTCUSD trades flat ahead of US GDP data.It t hit alow of $67096yesterday andis currently trading around $67638. BlackRocks ishares Bitcoin trust reached $20 billion in less than 137 days. A s of May 22 , whale...