FxWirePro- XMRUSD (Chart of the day)
May 30, 2024 09:35 am UTC| Technicals Digital Currency
Monero coin was originally forked from Bytecoin and is a secure private untraceable coin. Monero uses RingCT privacy technology. It provides privacy through unique features such as For senders (Ring...
FxWirePro- Crude oil Daily Outlook
May 30, 2024 07:03 am UTC| Technicals
WTI crude oil pared some pf its gains on strong US dollar.It hit a low of $78.89 at the time of writing and is currently trading at $78.96. Acccording to American Petroleum Institute, crude oil inventories dropped by...
FxWirePro- Silver Daily Outlook
May 30, 2024 06:43 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $31.84 Kijun-Sen- $31.17 silverpared some of its gains as treasury yields rally.It hit alow of $31.28at the time of writing and is currently trading around...
FxWirePro: GBP/AUDc gives back chunk of early gains, eyes another drop
May 30, 2024 00:33 am UTC| Technicals
GBP/AUD eased on Wednesday as sterling was weighed down by risk-off flows and profit-taking. Looking ahead, the U.S. Personal Consumption Expenditure (PCE) price index, due on Friday, along with a euro zone inflation...
FxWirePro:EUR/NZD remains weak, eyes 23.6%fib support
May 29, 2024 21:00 pm UTC| Technicals
EUR/NZD initially gained on Wednesday reversed course ahead of key Euro zone and U.S. inflation data Friday. The Eurozones inflation data, set to be released on Friday, will be closely monitored for indications of when...
FxWirePro: EUR/AUD changes short term trend from neutral to bearish
May 29, 2024 19:52 pm UTC| Technicals
EUR/AUD edged higher on Wednesday but gains were limited as investors digested German regional inflation data. German inflation rose slightly more than forecast to 2.8% in May,analysts polled had forecast a reading...
FxWirePro:GBP/ NZD neutral in the near-term, scope for downward resumption
May 29, 2024 17:33 pm UTC| Technicals
GBP/NZD edged up on Wednesday but gains were limited as investors awaited US inflation data and clues about BoE rate outlook. U.S. April PCE index data, which will provide an update on the Feds progress in bringing U.S....