FxWirePro: EUR/AUD pauses decline, critical support lies ahead
Jun 08, 2023 23:24 pm UTC| Technicals
EUR/AUD eased on Thursday as investors awaited European Central Bank rate decision for further direction. Euro zone economy was in a technical recession in the first three months of 2023. It got as high as $1.07870, the...
FxWirePro:GBP/AUD capped by the 50.0% fibonacci, good to sell on rallies
Jun 08, 2023 18:12 pm UTC| Technicals
GBP/ AUD strengthened on Thursday as expectations of more interest rate hikes by the Bank of England supported Pound. Investors await data on the UKs labour market, economic growth and monthly industrial and...
FxWirePro:GBP/ NZD consolidating around 2.0600, bias is bullish
Jun 08, 2023 17:35 pm UTC| Technicals
GBP/ NZD strengthened on Thursday expectations for more interest rate hikes by the Bank of England boosted sterling. Sterling also got a boost after Canadas central bank surprised markets on Wednesday by hiking its...
FxWirePro- Major pair levels and bias summary
Jun 08, 2023 11:29 am UTC| Technicals
Major pair levels and bias...
FxWirePro- ETHUSD Daily Outlook
Jun 08, 2023 11:07 am UTC| Technicals Digital Currency
ETH prices pared most of its after SEC action against Coinbase. It holds below short-term support $1858-$1846 (21 and 55-day EMA). ETHUSD lost more than $150 due to the withdrawal of cbETH in the past two...
Jun 08, 2023 10:05 am UTC| Technicals
Pair Value Recommendation USDCAD -437.30 Strong Sell AUDUSD 379.55 Strong Buy USDCAD Major resistance- 1.3370 Near-term support- 1.3320 Trend reversal...
FxWirePro- USDCAD Intraday Trade Idea
Jun 08, 2023 09:12 am UTC| Technicals
Intraday trend- Bearish Significant support- 1.3300 USDCAD declined sharply after BOC monetary policy. The central bank hiked rates unexpectedly by 25 bpbs to 4.75% yesterday, the highest level since 2001. It...
FxWirePro- Major Economic events for the day