FxWirePro: EUR/AUD uptrend loses momentum but bullish setup remains
Mar 05, 2024 17:42 pm UTC| Technicals
EUR/AUD initially gained on Tuesday but gave up some ground as investors awaited European Central Banks monetary policy meeting later in the week. The ECB meets on Thursday to discuss policy, it is anticipated that...
FxWirePro: EUR/NZD consolidates around 1.7830, maintains bullish bias
Mar 05, 2024 17:09 pm UTC| Technicals
EUR/NZD steadied around 1.7830 on Tuesday as euro was buoyed by weaker kiwi dollar while, investors awaited ECB policy meeting. On the data front, Business activity in the euro zone showed signs of recovery last...
FxWirePro- Ethereum Daily Outlook
Mar 05, 2024 11:51 am UTC| Technicals Digital Currency
ETHUSD hits fresh year high following the footsteps of BTC. It hit a high of $3745 yesterday and is currently trading around $3731. The upcoming Dencun upgrade on Mar 13th, 2024 on Main Net supports ETH at lower...
FxWirePro- BTCUSD Daily Outlook
Mar 05, 2024 11:39 am UTC| Technicals Digital Currency
BTCUSD pared some of its gains after surging near all-time highs. It hit a high of $68850 yesterday and is currently trading around $66701. Stanford Universitys Blyth Fund has bought BTC with a 7% allocation of the...
FxWirePro- THETAUSD (Chart of the day)
Mar 05, 2024 11:13 am UTC| Technicals Digital Currency
Theta Network is the next-generation media, AI, and entertainment-focused blockchain. Theta Web3 infrastructure enables existing video and media platforms to generate revenues and reduce content delivery costs. Theta is...
FxWirePro- Crude oil Daily Outlook
Mar 05, 2024 10:40 am UTC| Technicals
WTI crude oil pared some of its gains despite OPEC production cuts. The Organization of the Petroleum Exporting Countries (OPEC) decided to extend its production for quarter two of 2024. Russia will cut its output by...
FxWirePro- Silver daily Outlook
Mar 05, 2024 09:55 am UTC| Technicals
Silver- Ichimoku analysis (4- hour chart) Tenken-Sen- $23.49 Kijun-Sen- $23.11 Silver breaks significant resistance at $23.60 after a long consolidation. The chance of a rate cut in June by the...
FxWirePro- Major Economic Events for the day