FxWirePro- BTCUSD Daily Outlook
Mar 07, 2024 12:06 pm UTC| Technicals Digital Currency
BTCUSD showed a nice recovery on the upbeat market mood. It hit a high of $67645 yesterday and is currently trading around $66826. In Mar 5th, 2024 announcement, Microstrategy planning to raise $700 million to buy...
FxWirePro- RNDRUSD (Chart of the day)
Mar 07, 2024 11:54 am UTC| Technicals Digital Currency
The Render Network Provides Near Unlimited Decentralized GPU Computing Power For Next Generation 3D Content Creation. The Render Network allows GPU owners to monetize otherwise idle GPUs by offering their compute power to...
FxWirePro- Crude Oil Daily Outlook
Mar 07, 2024 11:39 am UTC| Technicals
Crude oil- WTI crude oil pared some of its gains despite weak US dollar. The Fed Chairman indicated that the central bank is likely to cut rates this year if inflation comes below 2%. It hit a low of $78.45 and is...
FxWirePro-Silver Daily Outlook
Mar 07, 2024 10:20 am UTC| Technicals
Ichimoku analysis (4- hour chart) Tenken-Sen- $23.90 Kijun-Sen- $23.27 Silver retested its level of $23.60 and bounced sharply from the level on the weak US dollar. Dovish comments from the Fed Chairman...
FxWirePro: GBP/AUD poised at critical support, looking vulnerable
Mar 06, 2024 21:52 pm UTC| Technicals
GBP/AUD declined on Wednesday as soft US job data and Powells cautious stance on rate cuts fuelled selling in the pair. Fed Chair Powell warned that while progress in reducing inflation is possible, its not guaranteed....
FxWirePro: EUR/NZD attracts selling interest, could be on verge of a bigger drop
Mar 06, 2024 21:33 pm UTC| Technicals
EUR/NZD declined sharply on Wednesday as investors took stock of Federal Reserve Chair Jerome Powells Congressional testimony a day before the European Central Banks policy decision. The ECBs policy decision on Thursday...
FxWirePro:EUR/AUD reverses recent rally, bias back to downside
Mar 06, 2024 21:12 pm UTC| Technicals
EUR/AUD declined on Wednesday as the pair attracted sellers after soft US data and Powell comments. The Feds Powell cautioned that continued progress on lowering inflation is not assured but said rate cuts remain on...
FxWirePro- Major Economic Events for the day