FxWirePro:EUR/NZD succumbs to bearish forces on dovish ECB guidance, good to sell on rally
Jan 29, 2024 19:40 pm UTC| Technicals
EUR/NZD declined on Monday as dovish guidance from policymakers hurt euro across the board. ECBs Centeno argued that the ECB should lower rates sooner rather than later to prevent European inflation from falling too...
FxWirePro: EUR/AUD attracts selling interest as traders brace for risk events
Jan 29, 2024 18:15 pm UTC| Technicals
EUR/AUD dipped on Monday as the piar attracted sellers ahead of key risk events this week. Australia retail sales is due on Tueday, Inflation figures are due on Wednesday, which are likely to reinforce the case of a...
FxWirePro- Ethereum Daily Outlook
Jan 29, 2024 12:12 pm UTC| Technicals Digital Currency
ETHUSD showed a minor pullback after hitting a three-week low. It hit a high of $2307 yesterday and is currently trading around $2275. Ethereum transaction volume hit a four-month high of 4.37 million, according to...
FxWirePro- BTCUSD Daily Outlook
Jan 29, 2024 10:36 am UTC| Technicals Digital Currency
BTCUSD prices showed a nice pullback after hitting a low of $38505.It hit a high of $42824 and is currently trading around $ 42045. Economic data US Advance GDP grew at a faster pace at 3.3%, compared to a forecast...
FxWirePro- CFTUSD (Chart of the day)
Jan 29, 2024 09:07 am UTC| Technicals Digital Currency
Conflux enables creators, communities, and markets to connect across borders and protocols. Confluxs consensus is a hybrid mechanism that combines PoW and PoS. PoW miners produce blocks and sort them using the...
FxWirePro :GBP/NZD consolidates around 2.0790 after early fall, maintains bullish bias
Jan 25, 2024 23:05 pm UTC| Technicals
GBP/NZD initially dipped on Thursday but recovered some ground as investors digested ECBs dovish statement and robust US economic data. In the upcoming week, traders will be preparing for the Bank of Englands (BoE) next...
FxWirePro: GBP/ AUD steadies around 1.9300 after early weakness
Jan 25, 2024 22:54 pm UTC| Technicals
GBP/ AUD eased slightly towards 1.9300 on Thursday as investors digested ECB meeting and US GDP data. The economic calendar for GBP was quiet this week, but Wednesdays UK Purchasing Managers Index (PMI) numbers topped...
FxWirePro- Major Economic Events for the day