FxWirePro: GBP/AUD range bound in the short term, primary trend still bullish
Mar 13, 2024 22:02 pm UTC| Technicals
GBP/AUD eased slightly on Wednesday as market digested mixed, but optimistic, UK GDP and output data . Gross domestic product (GDP) grew by 0.2% month-on-month - boosted by a rebound in retailing and house-building -...
FxWirePro: EUR/NZD extends gains, eyes 1.7850 level
Mar 13, 2024 21:01 pm UTC| Technicals
EUR/NZD strengthened on Wednesday as investors digested result of ECBs long-awaited Operational Framework Review. Long-awaited Operational Framework Review showed the European Central Bank wants to wean banks off free...
FxWirePro: GBP/NZD steadies around 2.0770, retains bid tone
Mar 13, 2024 17:46 pm UTC| Technicals
GBP/NZD steadied on Wednesday after UK GDP data hinted that Britain is moving toward more sustained grow. UK GDP grew by 0.2% month-on-month - boosted by a rebound in retailing and house-building after a fall of 0.1%...
FxWirePro- Ethereum Daily Outlook
Mar 13, 2024 12:18 pm UTC| Technicals Digital Currency
ETHUSD trades flat ahead of the Decun upgrade. It hit a high of $4095 and is currently trading around $4048. Markets eye the Ethereum Dencun Hard fork upgrade today around 13:55 UTC (9:55 am ET) for further...
FxWirePro- BTCUSD Daily Outlook
Mar 13, 2024 12:04 pm UTC| Technicals Digital Currency
BTCUSD hits an all-time high on upbeat market sentiment. The surge in US CPI has decreased the chance of a rate cut by the Fed supports the crypto market. It hit a high of $73679 at the time of writing and is currently...
FxWirePro- ALGOUSD (Chart of the day)
Mar 13, 2024 11:26 am UTC| Technicals Digital Currency
Algorand is a blockchain platform that enables frictionless finance. It is the worlds first open, permissionless public blockchain that aims to create a borderless economy. Algorand uses the Pure Proof of- Stake...
FxWirePro- Crude daily Outlook
Mar 13, 2024 11:20 am UTC| Technicals
Crude oil- WTI crude oil showed a minor pullback on a strong demand outlook. It hit a high of $78.68 and is currently trading around $78.57. The Organization of the Petroleum Exporting Countries said in a...
FxWirePro- Major Economic Events for the day