FxWirePro: GBP/AUD sinks to six-month low with plenty more downside potential
Dec 20, 2023 17:58 pm UTC| Technicals
GBP/AUD slipped to hit six-month low on Wednesday as softer than expected UK inflation data weighed on pound . Annual consumer price inflation in the United Kingdom decreased to 3.9% in November from 4.6% in October,...
FxWirePro-Major pair levels and bias summary
Dec 20, 2023 13:04 pm UTC| Technicals
Major pair levels and bias...
FxWirePro- BTCUSD Daily Outlook
Dec 20, 2023 13:01 pm UTC| Technicals Digital Currency
BTCUSD was one of the best performers this month. It surged more than $7000 from the previous months close. It hit a high of $44729 and is currently trading around $42952. Reasons for price jump- Fed monetary...
FxWirePro :EUR/NZD range bound short term, primary trend still lower
Dec 19, 2023 23:30 pm UTC| Technicals
EUR/NZD traded in tight range on Tuesday as investors awaited for more catalyst for further movement despite coolingEurozone inflation . Data showed that eurozone inflation dropped considerably to 2.4% year on year in...
FxWirePro: GBP/NZD idles in narrow range as focus turns to UK inflation data
Dec 19, 2023 23:12 pm UTC| Technicals
GBP/NZD traded in narrow range on Tuesday as traders prepared for UK inflation data on Wednesday. On Wednesday, data is likely to indicate that headline inflation in the United Kingdom was 4.4% year on year in...
FxWirePro:EUR/AUD downside pressure builds after RBA Minutes confirm hawkish hold
Dec 19, 2023 17:47 pm UTC| Technicals
EUR/AUD declined on Tuesday as Australian dollar strengthened across the board after RBA retained hawkish bias by revealing they discussed hiking. The minutes from the RBA December 5 meeting, revealed that the central...
FxWirePro: GBP/AUD short had control, kept It after RBA minutes
Dec 19, 2023 16:45 pm UTC| Technicals
GBP/AUD declined on Monday as hawkish RBA rate outlook boosted Australian dollar against pound . The minutes of the Reserve Bank of Australias December policy meeting revealed that the central bank contemplated raising...
FxWirePro- Major Economic Events for the day