FxWirePro: GBP/AUD uptrend intact, prepping for key resistance breakout
May 24, 2024 16:30 pm UTC| Technicals
GBP/AUD steadied on Friday as sterling kept firm tone despite the soft UK economic data, pair remained near Thursdays high. Data released earlier Friday showed that British retail sales fell by more than expected in...
FxWirePro- Ethereum Daily Outlook
May 24, 2024 14:23 pm UTC| Technicals Digital Currency
ETHUSD showed a minor sell-off after a massive jump of more than $800.It hit ahigh of $3521 yesterdayand is currently trading around $3687. The SEC gave a green signal to BlackRock, Fidelity, Invesco, and Ark Invest ETH...
FxWirePro- BTCUSD Daily Outlook
May 24, 2024 14:08 pm UTC| Technicals Digital Currency
BTCUSD pared some of its gains after theupbeat US economic data.It hit a low of $66373 yesterday andis currently trading around $67104. US durable goods orders rose 0.70% in Apr compared to a forecast of -0.90%. Core...
FxWirePro- ONDOUSD (Chart of the day)
May 24, 2024 11:11 am UTC| Technicals Digital Currency
Ondo is building the next generation of financial infrastructure to improve market efficiency, transparency, and accessibility. USDY (USDollarYield Token) is a tokenized note secured by short-term US Treasuries and...
FxWirePro- Crudeoil Daily Outlook
May 24, 2024 10:17 am UTC| Technicals
Crude oil- WTI crude oil declined further following hawkish FOMC minutes. It hit a low of $76.80 yesterday and is currently trading at $78.02. The Feds hawkish stance is putting pressure on crude oil prices. Markets...
FxWirePro:EUR/NZD under pressure , knocking on door of key support
May 23, 2024 22:08 pm UTC| Technicals
EUR/NZD eased on Thursday as early gains that followed upbeat German and euro zone PMIs unraveled in the wake of U.S. PMI. A close below support at 1.7719(23.6%fib)will give further momentum to bears, opening the way...
FxWirePro: GBP/NZD eyes 38.2%fib support after slide from 2.0880 level
May 23, 2024 21:49 pm UTC| Technicals
GBP/NZD eased on Thursday as UK political uncertainty, soft UK economic data weighed on pound. The SP Global UK Composite Purchasing Managers Index for the services and manufacturing sectors dropped to 52.8 in May, down...