FxWirePro- Ethereum Daily Outlook
Feb 08, 2024 11:52 am UTC| Technicals Digital Currency
ETHUSD gained momentum after Ark Invest/21 shares changed their ETH ETF framework. It hit a high of $2444 at the time of writing and is currently trading around $2419. Markets awaiting the launch of the ERC-404...
FxWirePro- BTCUSD Daily Outlook
Feb 08, 2024 11:37 am UTC| Technicals Digital Currency
BTCUSDs price jumped sharply and hit a four-week high. It hit a high of $44873 at the time of writing and is currently trading around $ 44828. Bitcoin whales are accumulating BTC and volume increased by 3.66% in the...
FxWirePro- STXUSD (Chart of the day)
Feb 08, 2024 11:00 am UTC| Technicals Digital Currency
Stacks is a Bitcoin layer for smart contracts. The Stacks layer enables DeFi, NFTs, and other decentralized apps built on Bitcoin. Consensus mechanism- Proof of Transfer The main...
FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption
Feb 07, 2024 22:41 pm UTC| Technicals
EUR/NZD saw little momentum on Wednesday as investors awaited Fridays Germany HICP inflation data. Germanys Harmonized Index of Consumer Prices (HICP) inflation is expected to remain unchanged at 3.1% for the year...
FxWirePro: GBP/NZD gently bid, 2.0724 a key barrier
Feb 07, 2024 22:21 pm UTC| Technicals
GBP/NZD steadied around 2.0657 on Wednesday as higher house prices in Britain supported bets that the Bank of England was not likely to cut rates any time soon.. Data from mortgage lender Halifax revealed that British...
FxWirePro: EUR/AUD consolidating around 1.6520, room for further gains
Feb 07, 2024 19:09 pm UTC| Technicals
EUR/AUD steadied around 1.6520 on Wednesday as euro gained against Australian dollar despite weak German industrial output data. German industrial production fell more than expected in December, the federal statistics...
FxWirePro: GBP/AUD steadies around 1.9360, retains bid tone
Feb 07, 2024 17:09 pm UTC| Technicals
GBP/AUD edged higher on Wednesday but gains were limited as investors grew cautious ahead of speeches by Federal Reserve officials. At GMT 17:04, the pair was trading up 0.31 percent at 1.9363 after reaching daily high...
FxWirePro- Major Economic Events for the day