FxWirePro :GBP/NZD runs out of steam but maintains bullish outlook
Mar 06, 2024 18:44 pm UTC| Technicals
GBP/NZD dipped towards 2.0780 level on Wednesday as traders digested Britains latest fiscal plans. Finance Minister Jeremy Hunt offered no surprises in his latest statement, announcing a two percentage point cut to...
FxWirePro- BTCUSD Daily Outlook
Mar 06, 2024 11:44 am UTC| Technicals Digital Currency
BTCUSD showed a massive sell-off of nearly $1000 due to profit booking. It hit a low of $59313 yesterday and is currently trading around $67174. According to Coinglass, last 24 hours crypto markets witnessed the...
FxWirePro- AKTUSD (Chart of the day)
Mar 06, 2024 10:57 am UTC| Technicals
Akash is a decentralized and open-source cloud computing platform.It uses Delegated Proof-of-Stake mechanism to achieve consensus. ASTRUSD showed a minor pullback after a minor correction. Any daily close...
FxWirePro- Crude oil Daily Outlook
Mar 06, 2024 10:27 am UTC| Technicals
WTI crude oil pared some of its gains on weak Chinese growth. China forecasted 5% growth targets for 2024, far below the previous years double-digit growth. The Organization of the Petroleum Exporting Countries (OPEC)...
FxWirePro- Silver Daily Outlook
Mar 06, 2024 09:40 am UTC| Technicals
Silver- Ichimoku analysis (4- hour chart) Tenken-Sen- $23.90 Kijun-Sen- $23.27 Silver pared some of its gains after hitting a multi-month high. The increased chance of a rate cut by the Fed in...
FxWirePro: GBP/AUD positions for another climb, eyes 1.9600 level
Mar 05, 2024 19:44 pm UTC| Technicals
GBP/AUD strengthened on Tuesday as sterling kept firm tone ahead of Wednesdays UK budget. British finance minister Jeremy Hunt will announce his budget on Wednesday.Investors expect a raft of policy announcements,...
FxWirePro: GBP/NZD uptrend resumes rise towards key fibo resistance , outlook strongly bullish
Mar 05, 2024 19:36 pm UTC| Technicals
GBP/NZD advanced towards 2.0900 level on Tuesday as sterling attracted buyers ahead of the British budget on Wednesday. Wednesdays UK budget announcement is the major domestic event risk for sterling this week. A...
FxWirePro- Major Economic Events for the day