FxWirePro- AXLUSD (Chart of the day)
Mar 21, 2024 11:28 am UTC| Technicals Digital Currency
Axelar is the programmable Web3 interoperability platform, scaling the next generation of internet applications to billions of users. They are built on open-source cosmos technologies Consensus Mechanism-...
FxWirePro- Crude oil Daily Outlook
Mar 21, 2024 10:08 am UTC| Technicals
WTI crude oil lost its shine and declined more than $2 from a multi-month high despite the weak US dollar. It hit a low of $80.94 at the time of writing and is currently trading at $80.93. According to API, US crude oil...
FxWirePro- Silver Daily Outlook
Mar 21, 2024 08:36 am UTC| Technicals
Ichimoku analysis (4- hour chart) Tenken-Sen- $25.25 Kijun-Sen- $25.26 The silver gained more than $1 from yesterdays low on the weak US dollar. The US central bank kept its rates unchanged as...
FxWirePro : EUR/NZD uptrend Looks tired, but continues to hold
Mar 20, 2024 23:34 pm UTC| Technicals
EUR/NZD initially gained on Wednesday but gave up some ground as investors digested Feds meeting out come and New Zealand GDP data . The Feds policy statement described inflation remains high and revised economic growth...
FxWirePro: EUR/AUD bulls lose traction, cannot add to overnight gains
Mar 20, 2024 20:20 pm UTC| Technicals
EUR/AUD eased on Wednesday after data showed German producer prices fell year-over-year in February. The German Federal Statistics Office reported that producer prices in February dropped by 4.1% on an annualized...
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
Mar 20, 2024 18:40 pm UTC| Technicals
GBP/AUD retreated on Wednesday from daily high as fractionally cooler than expected UK CPI data weighed on the pound. Britains inflation cooled to 3.4% in February ahead of the Bank of Englands monetary policy verdict...
FxWirePro:GBP/NZD gently bid,a close above a key level needed to tighten grip
Mar 20, 2024 17:13 pm UTC| Technicals
GBP/ NZD strengthened on Wednesday but gains were limited as traders braced Federal Reserve meeting. On the data front ,UK inflation slowed in February, consumer prices rose by 3.4% in annual terms after a 4.0%...
FxWirePro- Major Economic Events for the day