FxWirePro- BTCUSD Daily Outlook
May 27, 2024 11:57 am UTC| Technicals Digital Currency
BTCUSD trades in a narrow range between $71958 and $66343 for the past five days.It hit ahigh of $69255at the time of writing andis currently trading around $68248. Over the last two weeks, total inflows in BTC ETF...
FxWirePro- STRKUSD (Chart of the day)
May 27, 2024 11:27 am UTC| Technicals Digital Currency
Starknet is a permissionless decentralized ZK-Rollup. It operates as an L2 network over Ethereum. It operates as a Layer 2 (L2) blockchain, enabling any dApp to achieve massive scale for its computation without...
FxWirePro- Crude oil Daily Outlook
May 27, 2024 10:09 am UTC| Technicals
WTI crude oil recovered slightly after strong US economic data. It hit a high of $77.80 yesterday and is currently trading at $77.91. Markets anticipate the extension of the supply cut in the upcoming Jun2 OPEC+ meeting...
FxWirePro- Silver Daily Outlook
May 27, 2024 09:25 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $30.48 Kijun-Sen- $31.27 Silver showed a minor pullback and holds above $30 despite the hawkish US Fed.It hit a high of $30.92 at the time of writing and is currently...
FxWirePro:EUR/AUD runs out of steam but maintains bullish outlook
May 25, 2024 02:33 am UTC| Technicals
EUR/AUD eased slightly on Friday as traders booked profits after recent gains but remained well-placed for further advances. Euro recorded strong gains against Australian dollar this week due consistently growing euro...
FxWirePro: GBP/NZD short had control, kept it after UK retail sales data
May 24, 2024 21:08 pm UTC| Technicals
GBP/NZD dipped on Friday as sterling was weighed after downbeat UK retail sales data . British retail sales fell more than anticipated in April, declining by 2.3% month-over-month. The drop was attributed to wet...
FxWirePro:EUR/NZD trades in narrow range,focus on near-term support
May 24, 2024 17:51 pm UTC| Technicals
EUR/NZD traded within limited intraday range on Friday as increasing uncertainty over whether the ECB will cut interest rates in the July meeting kept investors cautious. A close below support at 38.2%fib will give...