FxWirePro- BNBUSD Daily Outlook
Oct 07, 2024 14:13 pm UTC| Digital Currency Technicals
Intraday bias - Bullish Trend reversal level- $528 (200- day EMA) Any close above $620 confirms a bullish continuation. BNBUSDtook support near the 200-day EMA and showed a minor pullback. It hits a...
FxWirePro-USDCHF trades higher on board-based US dollar buying, good to buy on dips
Oct 07, 2024 13:42 pm UTC| Technicals
Re-test level- 0.8550 Intraday bias remains bullish as long as support 0.84990 holds. It hit ahigh of 0.86079 yesterday and is currently trading around 0.85505. The pair broke out of the narrow range after US...
FxWirePro- Silver Daily Outlook
Oct 07, 2024 12:51 pm UTC| Technicals
Silverrecovered more than $1 on an increase in demand. It hit a low of $30.88 and is currently trading around $32.12. The strong US data and China stimulus will push the silver prices further...
Oct 07, 2024 11:45 am UTC| Technicals
Goldis consolidating in a narrow range between $2670 and $2632 for the past two days. It hits a low of $2632yesterdayand is currently trading around $2658. The upbeat US jobs data erased the chance of 50 bpbs by the Fed...
FxWirePro-Major European Indices
Oct 07, 2024 09:39 am UTC| Technicals
Germany DAX - 19029 (-0.48% ) Major resistance- 20000 Near-term resistance - 19200,19600 Minor support- 18958,18715, 18593(200- 4H EMA) Trend reversal level- 17000 The pair holds above...
FxWirePro- Buy GBPJPY above 196
Oct 07, 2024 09:07 am UTC| Technicals
GBPJPY gained sharply on Friday after upbeat US jobs data. It hit a high of 195.62 at the time of writing and is currently trading around 194.37. Overall trend remains bullish as long as support 193.40...
FxWirePro- Nikkei 225 gains momentum on weak yen, good to buy on dips
Oct 07, 2024 05:32 am UTC| Technicals
Potential Reversal Zone (PRZ)- 39200 Nikkeisurged more than 2% on weak yen and upbeat US jobs data. It hit a high of 39831 at the time of writing and is currently trading around 39526. The yen lost its shine...