
FxWirePro:GBP/AUD longs maintain the advantage after better than expected UK services PMI data
Jan 04, 2024 19:50 pm UTC| Technicals
GBP/ AUD rose sharply on Thursday after better-than-expected UK PMI data depicted a more robust economic scenario than initially anticipated . The final SP Global/CIPS UK Services Purchasing Managers Index (PMI) rose...

FxWirePro: GBP/NZD buoyed by better than expected UK services PMI data, room for further gains
Jan 04, 2024 16:59 pm UTC| Technicals
GBP/NZD rose higher on Thursday as pound benefited from better-than-expected UK PMI data. The UK services sector increased more robustly to 52.1 from 50.7 in November, according to the final SP Global/CIPS UK Services...

FxWirePro- Ethereum Daily Outlook
Jan 04, 2024 12:28 pm UTC| Technicals
ETH prices pared some of its gains after three months of uptrend. ETHUSD declined nearly $250 on profit booking. After a minor sell-off, two whale wallets bought 674.15 ETH at $2225 and another 674.55 ETH at...

FxWirePro- BTCUSD Daily Outlook
Jan 04, 2024 12:04 pm UTC| Technicals Digital Currency
BTCUSD pared some of its gains after less dovish FOMC meeting minutes. The minutes meeting confirm that rates are at a peak and inflation is cooling down. The central bank will take further action depending on economic...

FxWirePro- AKTUSD (Chart of the day)
Jan 04, 2024 11:40 am UTC| Technicals Digital Currency
Ichimoku Analysis (4 hour chart) Tenken-Sen- $2.417 Kijun-Sen- $2.089 AKTUSD was one of the best performers today. Any daily close above $15.25 confirms further bullishness. AKTUSD is...

FxWirePro:GBP/AUD rebounds as dip buying emerge
Jan 03, 2024 22:25 pm UTC| Technicals
GBP/ AUD reclaimed chunk of last week lost ground on Wednesday as bulls held their grip after release of Fed minutes . The minutes from the Fed meeting revealed that officials were confident that inflation was being...

FxWirePro: GBP/NZD uptrend gains momentum but hurdles ahead
Jan 03, 2024 21:50 pm UTC| Technicals
GBP/NZD strengthened on Wednesday as pound benefited from strongly weaker New Zealand dollar. Investors have been cautious so far in 2024, wary of the central banks expected pivot to rate cuts this year and how quickly...