FxWirePro:EUR/NZD outlook weaker on renewed downside pressure
May 16, 2024 17:23 pm UTC| Technicals
EUR/NZD declined on Thursday as higher commodity prices and improved risk sentiment boosted kiwi dollar. Next week, the RBNZ interest rate decision will take center stage, with expectations that the OCR rate will...
FxWirePro- Major pair levels and bias summary
May 16, 2024 12:24 pm UTC| Technicals
Major pair levels and bias...
FxWirePro- Ethereum Daily Outlook
May 16, 2024 12:19 pm UTC| Technicals Digital Currency
ETHUSD surged past $3000 on upbeat market sentiment. It hit ahigh of $3041 yesterdayand is currently trading around $2994. US equity markets hit a fresh all-time high after easing US inflation data. The equities and...
FxWirePro- BTCUSD Daily Outlook
May 16, 2024 12:06 pm UTC| Technicals Digital Currency
BTCUSD surged sharply after weak US inflation data. Ithit a highof $66688at the time of writing andis currently trading around $66287. The Consumer Price Index (CPI) rose 0.30% m/m in Apr from 0.40% the previous...
FxWirePro- FTMUSD (Chart of the day)
May 16, 2024 11:49 am UTC| Technicals
Fantom is a highly scalable blockchain platform for DeFi, crypto dApps, and enterprise applications. It is a fast, high-throughput open-source smart contract platform for digital assets and dApps. FTMUSD was one of...
FxWirePro-Crude Oil Daily Outlook
May 16, 2024 11:16 am UTC| Technicals
WTI crude oil showed a minor pullback after easing inflation. It hit a high of $79.14 yesterday and is currently trading at $78.52. According to the Energy Information Agency (EIA), Crude oil inventories dropped by 2.5...
May 16, 2024 11:01 am UTC| Technicals
Ichimoku Analysis (4 Hour chart) Tenken-Sen- $2374.63 Kijun-Sen- $2364.82 Goldgained momentum on board-based US dollar selling. It hit a high of $2397 yesterday andis currently trading around $2388.46. US...
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