FxWirePro- Ethereum Daily Outlook
May 16, 2024 12:19 pm UTC| Technicals Digital Currency
ETHUSD surged past $3000 on upbeat market sentiment. It hit ahigh of $3041 yesterdayand is currently trading around $2994. US equity markets hit a fresh all-time high after easing US inflation data. The equities and...
FxWirePro- BTCUSD Daily Outlook
May 16, 2024 12:06 pm UTC| Technicals Digital Currency
BTCUSD surged sharply after weak US inflation data. Ithit a highof $66688at the time of writing andis currently trading around $66287. The Consumer Price Index (CPI) rose 0.30% m/m in Apr from 0.40% the previous...
FxWirePro- FTMUSD (Chart of the day)
May 16, 2024 11:49 am UTC| Technicals
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps. FTMUSD was one of...
FxWirePro-Crude Oil Daily Outlook
May 16, 2024 11:16 am UTC| Technicals
WTI crude oil showed a minor pullback after easing inflation. It hit a high of $79.14 yesterday and is currently trading at $78.52. According to the Energy Information Agency (EIA), Crude oil inventories dropped by 2.5...
May 16, 2024 11:01 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- $2374.63 Kijun-Sen- $2364.82 Goldgained momentum on board-based US dollar selling. It hit a high of $2397 yesterday andis currently trading around $2388.46. US...
FxWirePro- Silver Daily Outlook
May 16, 2024 10:18 am UTC| Technicals
Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $29.14 Kijun-Sen- $28.91 Silver surged sharply on an easing US treasury yield. Ithit a high of $29.85 yesterdayand is currently trading around $29.56. US...
FxWirePro :GBP/NZD heads deeper into bear territory, plunge to test a key fibo grows
May 15, 2024 22:14 pm UTC| Technicals
GBP/NZD declined on Wednesday as increased risk appetite , equity commodity gains helped kiwi dollar across the board . The pair reaches 2.0692 after extending south from 2.0844 (early Asia high). 2.0692 is the lowest...