FxWirePro- Crude oil Daily Outlook
Mar 12, 2024 11:11 am UTC| Technicals
WTI crude oil showed a minor pullback ahead of US CPI data. It hit a high of $78.66 and is currently trading around $78.66. Markets eye demand outlook from three major agencies like OPEC, IEA, and EIA for further...
FxWirePro- Silver Daily Outlook
Mar 12, 2024 10:20 am UTC| Technicals
Ichimoku analysis (4- hour chart) Tenken-Sen- $24.38 Kijun-Sen- $24.10 Silver trades in a narrow range between $24.63 and $24.24 for the past two days. Markets eye US CPI data for further movement. It...
FxWirePro: EUR/NZD tight ranges prevail as market waits for fresh catalyst
Mar 11, 2024 22:52 pm UTC| Technicals
EUR/NZD traded in a narrow range on Monday as investors awaited fresh catalyst further movement. EUR/NZD fell to 1.7890 after hitting daily high at 1.7743. Price is contained between two fibo retrace levels , 1.9692...
FxWirePro: EUR/AUD retreats slightly but trend is still bullish
Mar 11, 2024 21:05 pm UTC| Technicals
EUR/AUD retreated on Monday as currency pairs early gains evaporated markets lost momentum ahead of a key U.S. inflation report this week. Investors will also watch out for figures on euro zone January industrial...
FxWirePro:GBP/NZD retreats slightly but trend is still bullish
Mar 11, 2024 20:10 pm UTC| Technicals
GBP/ NZD initially gained on Monday but rally fizzled as investors awaited key UK jobs data. key focus will be the weekly earnings growth data which remain above levels consistent with the Bank of Englands 2% inflation...
FxWirePro: GBP/AUD steadies around 1.9385, retains bid tone
Mar 11, 2024 17:23 pm UTC| Technicals
GBP/ AUD steadied on Monday as investors looked ahead to Tuesdays UK wage and employment figures. Focus will be on the pace of average earnings growth. It is expected to have remained high at 6.2%, excluding bonuses,...
FxWirePro: EUR /NZD indecision within ranges, watch for the breakout
Mar 09, 2024 00:13 am UTC| Technicals
EUR /NZD initially dipped on Friday but recovered some ground investors squared position ahead weekend . EUR /NZD was last trading at 1.7696. The pair staged recovery after meeting support at this level 1.7622 (61.8%...
FxWirePro- Major Economic Events for the day