FxWirePro- Ethereum trades higher on the Shanghai upgrade, good to buy on dips
Apr 13, 2023 11:51 am UTC| Technicals
ETH prices jumped sharply after a long consolidation. It holds above significant support of $1468-1757 (200 and 55-day EMA). ETHUSD surged more than $80 after the successful upgradation of the shapella...
Apr 13, 2023 10:31 am UTC| Technicals
Pair Value Recommendation EURUSD 401.30 Strong Buy GBPJPY 398.84 Strong Buy EURUSD Major resistance- 1.1035 Near-term support- 1.0975 Trend reversal...
FxWirePro- EURUSD Daily Outlook
Apr 13, 2023 09:20 am UTC| Technicals
Ichimoku analysis (8-hour chart) Tenken-Sen- 1.09181 Kijun-Sen- 1.08966 EURUSD trades higher for the third consecutive days on weak US inflation. US CPI m/m came at 0.1% in Mar, below the estimate of...
FxWirePro- GBPJPY Daily Outlook
Apr 13, 2023 07:39 am UTC| Technicals
GBPJPY showed a minor sell-off due to weak UK economic data. It hits an intraday high of 166.18 and is currently trading around 166.38. GBPUSD- Trend- Bearish The pound sterling regained after a decline in...
Apr 13, 2023 05:16 am UTC| Technicals
Ichimoku Analysis (4-hour chart) Tenken-Sen- $2014.07 Kijun-Sen- $2005 Gold prices showed a nice pullback after weak US inflation data. US CPI m/m came at 0.1% in Mar, below the estimate of 0.20%. The...
FxWirePro: EUR/AUD bulls undeterred, eyes 23.6%fib resistance
Apr 12, 2023 23:27 pm UTC| Technicals
EUR/AUD strengthened on Wednesday as signs of cooling US inflation bolstered bets that the U.S. Federal Reserve may pause its policy tightening. ECB remains favored to hike rates by at least 75bp into year-end versus...
FxWirePro:GBP/NZD consolidates around 2.0088 after early fall, maintains bullish bias
Apr 12, 2023 17:42 pm UTC| Technicals
GBP/NZD initially dipped on Wednesday but recovered ground as investors digested U.S. inflation data. The U.S. Consumer Price Index (CPI) climbed 0.1% last month after advancing 0.4% in February, the Labor Department...