FxWirePro: GBP/AUD range bound in the short term, primary trend still bullish
May 02, 2024 00:27 am UTC| Technicals
GBP/AUD eased slightly on Wednesday after the Federal Reserve left its key interest rate unchanged . The Federal Open Markets Committee concluded its two-day monetary policy meeting with a unanimous decision to let the...
FxWirePro:EUR/AUD getting back on track for run toward 1.6500 level
May 01, 2024 21:24 pm UTC| Technicals
EUR/AUD initiall dipped on Wednesday but recovered some ground asinvestors digested Powells comments, FOMC decision. Fed left its key interest rate unchanged, as expected, but indicated that its next move will probably...
FxWirePro:EUR/NZD tight ranges prevail as market waits for fresh catalyst
May 01, 2024 18:01 pm UTC| Technicals
EUR/NZD traded in tight range on Wednesday as market positioned for a hawkish hold when the Fed decides later today. Powell is unlikely to put the prospect of new interest rate hikes on the table on Wednesday, and is...
FxWirePro:GBP/NZD uptrend loses momentum but bullish setup remains
May 01, 2024 17:30 pm UTC| Technicals
GBP/ NZD eased slightly on Wednesday as markets focused on nuances of the policy statement and the post-meeting presser by Fed Chair Jerome Powell. Market is positioned for a hawkish hold when the Fed decides later...
FxWirePro- Ethereum Daily Outlook
May 01, 2024 12:38 pm UTC| Technicals Digital Currency
ETHUSD pared most of its gains on weak market sentiment.It hit a low of $2815at the time of writingand is currently trading around $3016.70. Ethereum whale 0x035has offloaded 1767 ETH which was transferred to the...
FxWirePro- BTCUSD Daily Outlook
May 01, 2024 12:24 pm UTC| Technicals Digital Currency
BTCUSDdeclined below $60000 ahead of US Fed monetary policy.It hita low of $56500at the time of writing andis currently trading around $57756. Hongkong BTC and ETH ETF showed a slower response total first-day...
FxWirePro- OPUSD(Chart of the day)
May 01, 2024 11:55 am UTC| Technicals Digital Currency
OP Mainnet is a low-cost and lightning-fast Ethereum L2 blockchain powered by Optimism. It is an EVM equivalent layer 2 blockchain designed to scale up Ethereum. OPUSD showed a minor pullback after a massive...
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