FxWirePro : GBP/NZD stuck in range but maintains bearish bias
Jan 30, 2024 22:28 pm UTC| Technicals
GBP/NZD dipped on Tuesday as sterling was weighed down by concerns that BoE might guide to a less-hawkish path. The Bank of England is expected to hold interest rates steady at 5.25% on Thursday for the fourth time...
FxWirePro: GBP/ AUD neutral in the near-term, scope for downward resumption
Jan 30, 2024 17:53 pm UTC| Technicals
GBP/ AUD traded in tight range on Tuesday as investors turned cautious ahead of the Bank of Englands policy announcement on Thursday. Despite UK inflation climbing to 4% and core inflation jumping to 5.1%, there is...
FxWirePro- Ethereum Daily Outlook
Jan 30, 2024 13:16 pm UTC| Technicals Digital Currency
ETHUSD is trading slightly higher, following in the footsteps of BTC. It hit a high of $2332 at the time of writing and is currently trading around $2306. According to CryptoQuant data, the staked Ethereum market cap...
FxWirePro- BTCUSD Daily Outlook
Jan 30, 2024 11:37 am UTC| Technicals Digital Currency
BTCUSD prices surged above $43000 after a massive sell-off. It hit a high of $43775 and is currently trading around $ 43452. Bitcoin supply declined to 5.40% on Jan 30th from 6.05% in August. The decrease in supply...
FxWirePro- MINAUSD (Chart of the day)
Jan 30, 2024 11:00 am UTC| Technicals Digital Currency
Mina is building the privacy and security layer for web3 with zero-knowledge proofs. It is the worlds lightest blockchain, powered by the participants. Using zero-knowledge proofs, Mina is creating the infrastructure for...
FxWirePro : GBP/NZD drifts lower , could be on verge of a bigger drop
Jan 29, 2024 22:42 pm UTC| Technicals
GBP/NZD declined on Monday as bears retained control ahead of upcoming Bank of Englands (BoE) meeting. BoE will maintain the current interest rate, expecting a vote split of 1-7-1. The BoEs forward guidance will be a...
FxWirePro: GBP/ AUD downside pressure builds, key support level in focus
Jan 29, 2024 22:30 pm UTC| Technicals
GBP/ AUD eased towards 1.9215 on Monday as investors turned cautious ahead of the Bank of Englands policy announcement on Thursday. The consensus in markets is that one or two of the monetary policy committees hawks...
FxWirePro- Major Economic Events for the day