FxWirePro: EUR/AUD maintains bearish bias with focus on 1.6150 level
Sep 26, 2024 15:43 pm UTC| Technicals
EUR/AUD slipped lower on Thursday as Australian dollar bounced back against euro on upbeat risk sentiment. Risk sentiment improved after reports indicated that China is contemplating a capital injection of up to 1...
FxWirePro- BNBUSD Daily Outlook
Sep 26, 2024 15:32 pm UTC| Technicals Digital Currency
Intraday bias - Bullish Re-test level- $562 Any close above $615 confirms a bullish continuation. BNBUSDtook support near 200- H EMA and showed a minor pullback. It hit a high of $599 at the time of...
FxWirePro- Silver Daily Outlook
Sep 26, 2024 15:26 pm UTC| Technicals
Silverpared some of its gains after hitting a fresh yearly high. It hit a high of $32.71 and is currently trading around $32.239. US final GDP q/q grows at a 3% annualized pace in the second quarter above the forecast...
FxWirePro: USD/ZAR continues to decline, downside risks persist
Sep 26, 2024 15:19 pm UTC| Technicals
The USD/ZAR fell on Thursday as South Africas rand extended its recent gains, supported by a rise in overall risk sentiment. In terms of data, South Africa recorded foreign direct investment inflows of 16.6 billion...
FxWirePro: GBP/USD gaining momentum for a move towards 1.3400 level
Sep 26, 2024 14:34 pm UTC| Technicals
GBP/USD strengthened on Thursday as Chinas stimulus plan boosted risk appetite. The varying monetary policies of the Bank of England in relation to other major central banks also contributed to the strength of the...
Sep 26, 2024 11:09 am UTC| Technicals
Goldhits fresh all-time high on board-based US dollar selling. It hits a high of $2670 and is currently trading around $2668. The yellow metal was one of the best performer this month as the major central banks...
USDCHF declined after the SNB rate cut, good to buy above 0.8555-
Sep 26, 2024 10:11 am UTC| Technicals
Intraday bias remains neutral as long as resistance 0.8550 holds. It hits ahigh of 0.85164 at the time of writing and is currently trading around 0.84912. The SNB cuts rates by 25bpbs as expected to 1% from 1.25%....