FxWirePro- BTCUSD Daily Outlook
Mar 15, 2024 12:05 pm UTC| Technicals Digital Currency
BTCUSD pared most of its gains after hitting a fresh all-time high. The upbeat US CPI and PPI decreased the chance of an early rate cut. It hit a low of $65569 at the time of writing and is currently trading around...
FxWirePro- CFXUSD (chart of the day)
Mar 15, 2024 11:35 am UTC| Technicals Digital Currency
FxWirePro- CFXUSD (Chart of the day) Conflux enables creators, communities, and markets to connect across borders and protocols. Confluxs consensus is a hybrid mechanism that combines PoW and PoS. PoW miners produce...
FxWirePro- Crude Oil daily outlook
Mar 15, 2024 11:18 am UTC| Technicals
Crude oil- WTI crude oil extended its bullish trend on upbeat US inventory data. It hit a fresh year high of $81.58 yesterday and is currently trading around $80.58. According to EIA, US crude inventories...
FxWirePro- Silver Daily Outlook
Mar 15, 2024 09:51 am UTC| Technicals
Silver- Harmonic pattern- Bearish Cypher pattern Potential reversal zone (PRZ)- $25.60. Silver showed a minor pullback despite upbeat US PPI data. It hit a high of $25.20 and is currently trading...
FxWirePro: EUR/NZD bulls gear up for next leg higher, eyes 1.7850 level
Mar 14, 2024 22:47 pm UTC| Technicals
EUR/NZD strengthened on Thursday as investors dumped commodity related currencies like New Zealand dollar after a slew of US macro data pointed to stubborn inflation. The producer price index (PPI) for final demand...
FxWirePro: EUR/AUD steadies around 1.6540, retains bid tone
Mar 14, 2024 22:33 pm UTC| Technicals
EUR/AUD strengthened on Thursday as continuous decline in iron ore prices exerted downward pressure on Australian dollar. Iron ore, the primary commodity traded on the Dalian Commodity Exchange, witnessed a decline of...
FxWirePro:GBP/NZD maintains bullish bias with focus on 2.0850
Mar 14, 2024 20:20 pm UTC| Technicals
GBP/NZD gained on Thursday as GBP benefited from strongly weaker New Zealand dollar. At GMT 20:14, the pair was trading up 0.34 percent at 2.0795 after reaching daily high at 2.0818. A rally towards is 2.0900...
FxWirePro- Major Economic Events for the day