FxWirePro- Crude oil Daily Outlook
Mar 08, 2024 09:46 am UTC| Technicals
Crude oil- WTI crude oil gained nearly 2.5% from a minor bottom of $77.99. It hit a high of $79.94 and is currently trading around $79.93. Chinas exports jumped by 7.1% during Jan-Feb 2024, imports increased...
FxWirePro -Silver Daily Outlook
Mar 08, 2024 08:52 am UTC| Technicals
Silver- Ichimoku analysis (4- hour chart) Tenken-Sen- $24.25 Kijun-Sen- $23.76 Silver recovered sharply and hit a fresh year high on board-based US dollar selling. Major central banks like the...
FxWirePro: EUR/AUD steadies around 1.6545 after early weakness, good to buy on dips
Mar 07, 2024 23:06 pm UTC| Technicals
EUR/AUD recovered some ground on Thursday as shorts ceded some ground after ECB rate decision. The European Central Bank opted to maintain borrowing costs at record levels while carefully preparing for potential...
FxWirePro: GBP/ NZD key support held, downside risk remains
Mar 07, 2024 20:41 pm UTC| Technicals
GBP/NZD declined on Thursday as buoyant commodity prices and upbeat China exports data boosted kiwi dollar. Chinas import and export growth beat estimates, suggesting global trade is turning a corner in a positive...
FxWirePro :GBP/AUD extends drop, faces 50% fib support
Mar 07, 2024 20:15 pm UTC| Technicals
GBP/AUD declined on Thursday as surprisingly strong China exports data lifted Australian dollar against pound. Exports from the worlds second-biggest economy in the two months were 7.1% higher than a year before,...
FxWirePro: EUR/NZD bulls gear up for a charge at key resistance after ECB rate decision
Mar 07, 2024 17:12 pm UTC| Technicals
EUR/NZD initially dipped on Thursday but recovered most of the ground as euro bounced back after ECB rate decision. ECB kept borrowing costs at record highs, but took a first, small step towards lowering them, saying...
FxWirePro- Ethereum Daily Outlook
Mar 07, 2024 12:20 pm UTC| Technicals Digital Currency
ETHUSD hits fresh year high ahead of Dencun upgrade. It hit a high of $3900 yesterday and is currently trading around $3797. According to data from ultrasound. money, $190 million ETH burned ahead of the Dencun...
FxWirePro- Major Economic Events for the day