FxWirePro- Crude oil Daily Outlook
Sep 13, 2024 11:17 am UTC| Technicals
Crude oil showed a nice bounce back above $69.50 on supply concerns. It hits a low of $65.29 and is currently trading around $69.75 Tropical storm Francine struck the US coast on Wednesday as a Category 2 storm that...
FxWirePro- Silver Daily Outlook
Sep 13, 2024 10:53 am UTC| Technicals
Silverholds above $30 after ECB less dovish rate cut. It hit ahigh of $30.15 at the time of writingand is currently trading around $30.15. The European Central Bank (ECB) cut rates by 25 bpbs as expected. It also...
EURUSD Trade idea (Europe session)
Sep 13, 2024 09:42 am UTC| Technicals
EURUSD recovered sharply on board-based US dollar selling. It hit a high of 1.0940 at the time of writing and is currently trading around 1.10922. ECB cuts rates by 25 bpbs as widely expected. It also lowered rates...
Sep 13, 2024 08:58 am UTC| Technicals
EURGBP trades flat with no direction. It hits a high of 0.84636 yesterday and is currently trading around 0.84397. Technicals- Intraday trend is neutral. The pair is trading below 34- and above 55 EMA in...
FxWirePro- Major European Indices
Sep 13, 2024 08:24 am UTC| Technicals
Germany DAX - 18626 (0.59% ) Major resistance- 19000 Near-term resistance - 18700,18900 Minor support- 18465,18400,18356,18216 (200- 8 H EMA),18000 Trend reversal level- 17000 The pair...
FxWirePro- QNTUSD Daily Outlook
Sep 13, 2024 08:00 am UTC| Technicals Digital Currency
Quant (QNT) is an Ethereum token used to power Quant Networks Over-ledgerbrand of enterprise software solutions, which aim to connect public blockchains and private networks. According to Cryptoquant, exchange...
FxWirePro: USD/ JPY drops towards 141.00 level as bearish pressure increases
Sep 13, 2024 06:35 am UTC| Technicals
USD/JPY hit eight month low on Friday as hawkish comments from BOJ board members and weaker dollar benefited yen. Bank of Japan board member Junko Nakagawa emphasized on Wednesday that the central bank will raise...