FxWirePro: GBP/AUD retreats slightly but trend is still bullish
Jan 23, 2024 21:45 pm UTC| Technicals
GBP/AUD eased from 1.9350 level on Tuesday as investors assessed the extent to which the Bank of England would likely cut interest rates later than its peers. The key question for the medium term is whether and by how...
FxWirePro:GBP/NZD bulls lose traction, cannot add to overnight gains
Jan 23, 2024 17:54 pm UTC| Technicals
GBP/NZD dipped on Tuesday as investors assessed economic data for more clarity on the Bank of Englands monetary easing plans. Investors awaited readings on UK business activity as well as consumer confidence later this...
FxWirePro- Ethereum Daily Outlook
Jan 23, 2024 12:49 pm UTC| Technicals Digital Currency
ETHUSD traded extremely weak for the second consecutive day and lost more than $250. It hit a low of $2198at the time of writing and is currently trading around $2213. Ethereum whales have accumulated nearly $1...
FxWirePro- GBPJPY Daily Outlook
Jan 23, 2024 12:29 pm UTC| Technicals
GBPJPY was one of the best performers in the past three weeks on weak yen. It hit a high of 188.93 yesterday and is currently trading at around 188.05 GBPUSD- Trend- Bullish The pound sterling gained more...
FxWirePro- BTCUSD Daily Outlook
Jan 23, 2024 11:39 am UTC| Technicals Digital Currency
BTCUSD prices trade below $40000 as early rate cut hopes diminish. It hit a low of $38900 and is currently trading around $38927. Grayscale GBTC ETF saw over outflow of $640 million. The total outflow so far is...
FxWirePro: EUR/NZD retains firm tone , good to buy on dips
Jan 22, 2024 23:27 pm UTC| Technicals
EUR/NZD strengthened on Monday as the pairs bullish allure persisted across the board ahead of European Central Banks policy decision later this week. European Central Bank is expected to leave rates unchanged at 4%,...
FxWirePro: EUR/AUD bulls need more gains to zero in on key fibo resistance
Jan 22, 2024 23:10 pm UTC| Technicals
EUR/AUD steadied around 1,6566 on Monday as investors awaited the European Central Banks policy decision later this week. Investors are waiting for the ECBs monetary policy for hints on when future interest rate cut...
FxWirePro- Major Economic Events for the day