FxWirePro- Ethereum Daily Outlook
May 18, 2024 03:55 am UTC| Technicals Digital Currency
ETHUSD surged past $3000 following in the footsteps of Bitcoin.It hit ahigh of $3059 yesterdayand is currently trading around $3032. Markets eye US Security Exchange Commission (SEC) approval of ETH ETF for further...
FxWirePro:EUR/NZD hits two month low, more downside expected
May 18, 2024 00:50 am UTC| Technicals
EUR/NZD declined to hit two month low on Friday as rally in commodities prices boosted kiwi dollar against weaker euro. The metal market was lifted after China, a major consumer of industrial metals as well as gold,...
FxWirePro: GBP/AUD under pressure after early buying dries up
May 18, 2024 00:35 am UTC| Technicals
GBP/AUD initially gained on Friday but gains eroded as the pair failed to find strong direction as investors waited for the UK inflation data next week. Closely-watched consumer price inflation data is set to be...
FxWirePro: GBP/NZD pauses decline, downside risk remains
May 18, 2024 00:16 am UTC| Technicals
GBP/NZD traded in tight range on Friday as investors awaited next weeks UK inflation reading . UK consumer price inflation data, expected on Wednesday, will be analyzed for clues on the timing of the first Bank of...
FxWirePro: EUR/AUD downside pressure builds, key support level in focus
May 17, 2024 18:59 pm UTC| Technicals
EUR/AUD eased on Friday as rally in iron-ore and copper boosted Australian dollar. At GMT 18:56, the pair was trading up 0.34 percent at 1.6242 ,the pair hit daily high at 1.6306 . EUR/AUD remains vulnerable to...
FxWirePro- BTCUSD Daily Outlook
May 17, 2024 11:52 am UTC| Technicals Digital Currency
BTCUSD trades flat with a long-term bias positive. Ithit a highof $66588at the time of writing andis currently trading around $66230. CME Group, the worlds largest futures exchange to launchBTC trading which will...
FxWirePro- LINKUSD (Chart of the day)
May 17, 2024 11:24 am UTC| Technicals Digital Currency
Chainlink is a decentralized blockchain oracle network (DON) built on Ethereum that facilitates smart contracts on blockchain platforms to securely connect with external data sources, APIs, and payment...