
FxWirePro- MNTUSD(Chart ofthe day)
Jun 06, 2024 11:42 am UTC| Technicals Digital Currency
Mantle Network is an L2 scalability solution built on top of Ethereum. It is a technology stack for scaling Ethereum. Mantle Network has been built with a modular architecture that combines an optimistic roll-up protocol...

FxWirePro-Crude oil Daily Outlook
Jun 06, 2024 11:12 am UTC| Technicals
WTI crude oil showed a minor pullback on the weak US dollar.It hit a high of $74.82 at the time of writing and is currently trading at $74.14. According to the Energy Information Administration (EIA), US crude...

FxWirePro- Silver Daily Outlook
Jun 06, 2024 09:37 am UTC| Technicals
Ichimoku analysis (4-hour chart) Tenken-Sen- $30 Kijun-Sen- $30.57 Silvertook support near the 200-4H EMA and held above $30 on the weak US dollar.It hit ahigh of $30.63 at the time of writingand is currently...

FxWirePro:GBP/NZD extends drop, faces 23.6%fib support
Jun 06, 2024 00:31 am UTC| Technicals
GBP/NZD declined on Wednesday as kiwi dollar was supported by Chinas Services PMI, which recorded its 17th consecutive month of expansion. The Caixin/SP Global services purchasing managers index (PMI) rose to 54.0 from...

FxWirePro: EUR/AUD shorts gain traction as focus shifts ECB rate decision
Jun 06, 2024 00:23 am UTC| Technicals
EUR/AUD slipped lower on Wednesday as shorts gained traction as focus shifted to the European Central Banks key rate decision. The European Central Bank was all but certain to cut interest rates from record highs on...

FxWirePro: EUR/NZD slide extended ahead of ECB rate decision, scope for further downside
Jun 05, 2024 18:55 pm UTC| Technicals
EUR/NZD declined sharply on Wednesday as euro continued to weaken against kiwi dollar as focus shifted to the European Central Banks key rate decision .| The ECB meets on Thursday, and money markets price in an almost...

FxWirePro: GBP/AUD extends gains after weak Australian GDP data, room for further gains
Jun 05, 2024 18:01 pm UTC| Technicals
GBP/AUD gained further ground on Wednesday as weaker commodities price and weak Australian GDP data weighed on Australian dollar. Australias economy saw only a marginal growth of 0.1 percent in the March quarter,...