FxWirePro- Crude oil Daily Outlook
Mar 04, 2024 11:32 am UTC| Technicals
WTI crude oil hits fresh year high due to supply disruptions. The commodity showed minor weakness after the weak US ISM manufacturing PMI. US Headline rose 0.30% m/m in Jan, in line with the estimate. Core PCE came at...
FxWirePro- Silver Daily Outlook
Mar 04, 2024 11:10 am UTC| Technicals
Ichimoku analysis (4- hour chart) Tenken-Sen- $22.55 Kijun-Sen- $22.61 Silver jumped sharply following the footsteps of gold. The weak US ISM manufacturing PMI dragged the US dollar index further...
Mar 04, 2024 09:13 am UTC| Technicals
Gold - Ichimoku Analysis (4-hour chart) Tenken-Sen- $2063.74 Kijun-Sen- $2056.48 Gold showed a massive jump of $40 after a weak US ISM manufacturing index. US ISM manufacturing PMI declined to...
FxWirePro: GBP/AUD trend losing momentum after Thurday’s failure
Mar 01, 2024 22:27 pm UTC| Technicals
GBP/ AUD dipped on Friday but loses were limited as the market absorbed UK manufacturing data and remarks from the Bank of Englands Pill. In his recent speech, Pill mentioned that monetary policy might retain a...
FxWirePro:EUR/NZD idles around 1.7750 as market awaits fresh catalysts
Mar 01, 2024 21:42 pm UTC| Technicals
EUR/NZD was little changed on Friday as market awaited fresh catalyst for further monemtun . Inflation data from both the eurozone and the U.S. had a minimal effect on central bank rate expectations this week.partly...
FxWirePro:GBP/ NZD range bound in the short term, primary trend still bullish
Mar 01, 2024 20:10 pm UTC| Technicals
GBP/ NZD traded in tight range on Friday as market digests comments from BoEs Pill. In his latest speech, Pill said that monetary policy could remain restrictive even after the BoE starts to cut rates. He also said...
FxWirePro: EUR/AUD fall caught by key fibo ,trend remains bullish
Mar 01, 2024 18:33 pm UTC| Technicals
EUR/AUD move lower on Friday as the pair attracted selling after European inflation data Flash data from Eurostat showed Eurozone inflation softened for the second straight month in February. The harmonized index...
FxWirePro- Major Economic Events for the day