FxWirePro:GBP/NZD consolidating around 2.0735,bias is bullish
Jan 31, 2024 23:09 pm UTC| Technicals
GBP/NZD steadied on Wednesday as traders awaited Bank of Englands policy announcement on Thursday. UK interest rates are anticipated to remain steady when the BoE announces policy on Thursday, with markets fully...
Jan 31, 2024 17:56 pm UTC| Technicals
GBP/AUD strengthened on Wednesday as Australian dollar depreciated against pound following softer-than-expected Australian CPI data . Australian consumer price inflation slowed more than predicted to a two-year low,...
FxWirePro- Ethereum Daily Outlook
Jan 31, 2024 12:02 pm UTC| Technicals Digital Currency
ETHUSD lost more than $100 from a minor top $2390. It hit a low of $2280 at the time of writing and is currently trading around $2294. Dencuns second major Ethereum upgrade went live on the second of the three networks...
FxWirePro- BTCUSD Daily Outlook
Jan 31, 2024 11:44 am UTC| Technicals Digital Currency
BTCUSD prices pared some of its gains ahead of US FOMC monetary policy. Any hawkish comments from the Fed will drag the BTC prices down. It hit a low of $42340 and is currently trading around $ 42437. The outflow...
FxWirePro- Chainlink (Chart of the day)
Jan 31, 2024 10:38 am UTC| Technicals Digital Currency
Chainlink is a decentralized blockchain oracle network built on Ethereum that facilitates smart contracts on blockchain platforms to securely connect with external data sources, APIs, and payment systems. LINKUSD...
FxWirePro: EUR/NZD upside limited, scope for a dive through key fibo support
Jan 30, 2024 23:10 pm UTC| Technicals
EUR/NZD initially gained on Tuesday but gave up most of the ground as investors digested Eurozone GDP data. A broader reading of the euro zone showed the economy narrowly avoided a technical recession in the last three...
FxWirePro: EUR/AUD capped by the 50.0% fibonacci, good to sell on rally
Jan 30, 2024 22:54 pm UTC| Technicals
EUR/AUD strengthened Tuesday as data revealed that the Eurozone narrowly averted a technical recession in the fourth quarter. Gross domestic product (GDP) in Eurozone nations was flat in the fourth quarter compared to...
FxWirePro- Major Economic Events for the day