
FxWirePro- AXLUSD (Chart of the day)
Mar 01, 2024 11:34 am UTC| Technicals
Axelar is the programmable Web3 interoperability platform, scaling the next generation of internet applications to billions of users. They are built on open-source cosmos technologies Consensus Mechanism-...

FxWirePro- Crude oil Daily Outlook
Mar 01, 2024 10:52 am UTC| Technicals
Crude oil- WTI crude oil pared some of its gains despite being weak in US inflation. US Headline rose 0.30% m/m in Jan, in line with the estimate. Core PCE came at 0.40%, matched forecasts. Major factors for...

FxWirePro- Silver Daily Outlook
Mar 01, 2024 10:06 am UTC| Technicals
Ichimoku analysis (4- hour chart) Tenken-Sen- $22.55 Kijun-Sen- $22.61 Silver jumped slightly after hitting a two-week low of $22.27. The pair is edging towards a bearish channel resistance of...

FxWirePro: GBP /NZD bulls lose traction, cannot add to overnight gains
Feb 29, 2024 22:33 pm UTC| Technicals
GBP /NZD eased on Thursday as investors focus began turning to next weeks UK budget. British finance minister Jeremy Hunt is expected to cut taxes but is hemmed in by promises to tackle Britains approximately 2.5...

FxWirePro:GBP/AUD caught in narrow range, bias is bullish
Feb 29, 2024 22:06 pm UTC| Technicals
GBP/ AUD eased on Thursday following the release of PCE data, keeping the pair within its recent trading ranges. The pair is holding above 1.9400 level and has managed to stay above 38.2%fib resistence . The next...

FxWirePro:EUR/NZD runs out of steam but maintains bullish outlook
Feb 29, 2024 18:57 pm UTC| Technicals
EUR/NZD trimmed gains on Thursday as investors digested euro zone inflation data. Euro zone inflation dipped further this month, strengthening the case for the European Central Bank to start easing interest rates from...

FxWirePro:EUR/AUD retreats but trend is still bullish
Feb 29, 2024 18:03 pm UTC| Technicals
EUR/AUD retreated from daily high on Thursday as investors digested German inflation figures. Preliminary data released on revealed a decline in inflation across six economically significant German states in February,...