FxWirePro: EUR/NZD stuck in range but maintains bearish bias
May 08, 2024 16:07 pm UTC| Technicals
EUR/NZD traded within limited range on Wednesday as lack of key economic data in the Eurozone and the New Zealand kept movement limited . Wednesdays data calendar was light in Europe, consisting mainly of some German...
FxWirePro: GBP/NZD downside pressure builds, key support level in focus
May 08, 2024 15:17 pm UTC| Technicals
GBP/NZD declined on Wednesday as sterling eased ahead of a Bank of England decision on interest rates. BOE is widely expected to keep rates unchanged. However, dovish bets have risen recently, with markets pricing in a...
FxWirePro: GBP/AUD recovery facing steep rock, likely to falter
May 08, 2024 14:55 pm UTC| Technicals
GBP/AUD strengthened on Wednesday but gains were limited as caution prevailed ahead of the BOE policy meeting . The Bank of England is expected to vote 8-1 in favor of keeping interest rates steady as it navigates an...
FxWirePro- BTCUSD Daily Outlook
May 08, 2024 12:22 pm UTC| Technicals Digital Currency
BTCUSDtrades weak on the strong US dollar. It hita low of $62054at the time of writing andis currently trading around $62435. According to Standard Chartered, Trump winning will lose the regulation and more spot ETF...
FxWirePro- RUNEUSD (Chart of the day)
May 08, 2024 11:51 am UTC| Technicals Digital Currency
THORChain is a network that facilitates native asset settlement between Bitcoin, Ethereum, BNB Chain, Avalanche, Cosmos Hub, Dogecoin, Bitcoin Cash, and Litecoin.THORChain is secured by its native token, RUNE, which...
FxWirePro- Crude oil Daily Outlook
May 08, 2024 10:01 am UTC| Technicals
Crude oil- WTI crude oil holds below $80 on easing tension in the Middle East.It hit a highof $78.98 yesterdayand is currently trading at $78.31. According to the American Petroleum Institute, crude oil inventories...
FxWirePro- Silver Daily Outlook
May 08, 2024 09:00 am UTC| Technicals
Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $27.30 Kijun-Sen- $26.77 Silver is consolidating in a narrow range after a minor pullback. Ithit a high of $27.51yesterdayand is currently trading around...
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