FxWirePro-Silver Daily Outlook
Apr 22, 2024 08:53 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $28.37 Kijun-Sen- $28.40a Silver lost its shine due to profit booking. Ithit a low of $27.65 at the time of writing and is currently trading around...
FxWirePro: GBP/AUD attracts selling interest, vulnerable to more downside
Apr 19, 2024 22:29 pm UTC| Technicals
GBP/AUD declined sharply on Friday as dovish remarks from Bank of England Deputy Governor Dave Ramsden weighed on pound. BoEs Ramsden said on Friday that inflation could hold around the central banks 2% target for the...
FxWirePro GBP/NZD drops on dovish BoE comments, more downside expected
Apr 19, 2024 21:18 pm UTC| Technicals
GBP/NZD declined on Friday as pound was negatively impacted by dovish comments from Bank of England Deputy Governor Dave Ramsden. BoEs Ramsden suggested that inflation might linger around the central banks 2% target...
FxWirePro: EUR/AUD loses momentum but outlook is bullish
Apr 19, 2024 19:19 pm UTC| Technicals
EUR/AUD initially gained on Friday but gave up due to heightened risk aversion due to geopolitical tensions. On the data front, German Producer Price Index saw a 0.2% increase, marking a notable upturn from the...
FxWirePro:EUR/NZD uptrend intact, prepping for key resistance breakout
Apr 19, 2024 17:44 pm UTC| Technicals
EUR/NZD uptrend consolidated for a second day on Friday as euro was supported by upbeat German Producer Price Index data. In March, the German Producer Price Index increased by 0.2%, a significant rise from the...
FxWirePro: GBP/ AUD gently bid,a close above a key level needed to tighten grip
Apr 18, 2024 21:39 pm UTC| Technicals
GBP/ AUD staged a recovery on Thursday as the pair bounced back from an early dip as traders seek additional clarity on the Bank of Englands rate expectations. Choppy overnight action leads to a short lived dip but,...
FxWirePro: GBP/NZD beginning to trend higher but hurdle ahead
Apr 18, 2024 21:08 pm UTC| Technicals
GBP/NZD strengthened on Thursday as the pair recovered from early dip as traders seeked further clarity on BoE rate expectations. Changing expectations of central banks rate policies has brought currency volatility...
FxWirePro- Major Economic Events for the day