
FxWirePro- STXUSD (Chart of the day)
Feb 19, 2024 10:28 am UTC| Technicals Digital Currency
Stacks is a Bitcoin layer for smart contracts. The Stacks layer enables DeFi, NFTs, and other decentralized apps built on Bitcoin. Consensus mechanism- Proof of Transfer STXUSD performed well in the past...

FxWirePro:EUR/NZD outlook weaker on renewed downside pressure
Feb 16, 2024 22:28 pm UTC| Technicals
EUR/NZD slipped below 1.7600 level on Friday as New Zealand dollar continued to maintained positive momentum against euro. The week ahead presents significant event risk for the New Zealand Dollar, primarily due to...

FxWirePro:EUR/AUD falls below 1.6500, bears keep the advantage
Feb 16, 2024 22:03 pm UTC| Technicals
EUR/AUD dipped on Friday as equity , gold gains gave risk sensitive Australian dollar a boost against euro. Economic data for the Eurozone remains sparse until the release of next weeks Purchasing Managers Index (PMI)...

FxWirePro:GBP/NZD succumbs to bearish forces despite upbeat UK retail sales data
Feb 16, 2024 21:32 pm UTC| Technicals
GBP/NZD declined on Friday as divergence in U.S. and UK data and rate expectations kept downward pressure on the pound. Soft GBP price action followed upbeat retail sales data, retail sales is much less important than...

FxWirePro: GBP/AUD downside pressure builds, key support level in focus
Feb 16, 2024 18:41 pm UTC| Technicals
GBP/AUD eased on Friday despite upbeat UK retail sales as data did little to shift expectations around Bank of England (BoE) monetary policy. The latest UK retail sales data, part of a series of significant British...

FxWirePro- Ethereum Daily Outlook
Feb 16, 2024 12:46 pm UTC| Technicals Digital Currency
ETHUSD trading higher for a second consecutive week on upbeat market sentiment. It hit a high of $2868 yesterday and is currently trading around $2830. The Ethereum staking and Dencun upgrade contributed to the...

FxWirePro- BTCUSD Daily Outlook
Feb 16, 2024 12:06 pm UTC| Technicals Digital Currency
BTCUSD is consolidating after a massive rally of more than $14000.It hit a high of $52890 and is currently trading around $52327. Market sentiment improved ahead of bitcoin halving happening within 62 days. The new...