FxWirePro : GBP /AUD runs out of steam after BoE rate decision but maintains bullish outlook
Feb 01, 2024 20:36 pm UTC| Technicals
GBP /AUD initially rose on Wednesday but gave up some ground on Wednesday as BoE kept the bank rate steady at 5.25%. The BoEs decision had a split vote, showing divergent views on the path of monetary policy. It was...
FxWirePro: GBP/NZD retreats slightly after Bank of England rate decision but trend is still bullish
Feb 01, 2024 16:19 pm UTC| Technicals
GBP/NZD initially gained on Thursday but gave up some ground as investors digested Bank of England rate decision. The Bank of England (BoE) held interest rates steady as expected and said it would need more evidence...
FxWirePro- Ethereum Daily Outlook
Feb 01, 2024 12:14 pm UTC| Technicals Digital Currency
ETHUSD is trading flat after hitting after a minor sell-off. It hit a low of $2239 yesterday and is currently trading around $2261. According to Standard Chartered Bank, the SEC will likely approve spot Ethereum...
FxWirePro- BTCUSD Daily Outlook
Feb 01, 2024 12:00 pm UTC| Technicals Digital Currency
BTCUSD prices pared some of their gains after the US Fed monetary policy. The central bank kept its rates unchanged and Powell ruled out an early rate cut on inflation concerns. It hit a low of $41859 and is currently...
FxWirePro- XMRUSD (Chart of the day)
Feb 01, 2024 11:02 am UTC| Technicals Digital Currency
Monero coin was originally forked from Bytecoin and is a secure private untraceable coin. Monero uses RingCT privacy technology. It provides privacy through unique features such as For senders (Ring...
FxWirePro: EUR/NZD caught in narrow range ,bias neutral
Jan 31, 2024 23:39 pm UTC| Technicals
EUR/NZD remained within a narrow range for the second consecutive day as investors awaited new catalysts for futher movement post Fed rate decision. .The Federal Open Markets Committee (FOMC) left its key policy rate...
FxWirePro: EUR/AUD bulls need more gains to zero in on key fibo resistance
Jan 31, 2024 23:21 pm UTC| Technicals
EUR/AUD steadied around 1,6465 on Wednesday as Australian dollar slipped lower after a surprisingly soft reading on Australian inflation stoked bets for an earlier cut by RBA. Annual growth in consumer prices slowed to...
FxWirePro- Major Economic Events for the day