
FxWirePro- USDCHF Gains Momentum: Bulls Eye 0.8500 After CPI Data
May 13, 2025 13:26 pm UTC| Technicals
USDCHF pared some of its gains after US CPI data. It hits an intraday high of 0.84312 and is currently trading around 0.84165.Intraday bias appears to be bullish as long as thesupport 0.8378 holds. Todays release of the...

May 13, 2025 12:21 pm UTC| Digital Currency Technicals
BNB/USD pared some of its gains due to profit-booking. It hit a high of $692.70 yesterday and is currently trading around $654. Overall bias remains bullish as long as support $500 holds. It trades above the 34 and 55...

Staking Soars, Leverage Plummets: What's Next for Ethereum?
May 13, 2025 11:43 am UTC| Digital Currency Technicals
Ethereum is experiencing a transition from leverage trading to more robust staking inflows. The estimated leverage ratio (ELR) fell from 0.75 to 0.69 in early May 2025, showing fewer leveraged positions, and over 180,000...

FxWirePro: GBP/USD getting back on track for a run towards 1.3300
May 13, 2025 10:49 am UTC| Technicals
GBP/USD steadied around 1.3211 on Tuesday as the dollar eased slightly as initial optimism over the U.S.-China trade truce faded On Monday, the U.S. and China announced tariff cut for the next three months, with U.S....

FxWirePro: USD/ZAR steadies above 18.300, retains bid tone
May 13, 2025 10:27 am UTC| Technicals
The USD/ZAR firmed on Tuesday as market sentiment stayed positive on tariff deal between the United States and China. The U.S. announced it will reduce tariffs on Chinese imports from 145% to 30%, while China will...

FxWirePro- Major European Indices
May 13, 2025 10:26 am UTC| Technicals
Germany DAX - 23629 (-0.27%) Major resistance- 24000 Near-term resistance 24000/24345/24500. Minor support - 23500/23380/23200/23080/22900/22780/22500. Trend reversal level- 17000 The pair...