FxWirePro- AKTUSD (Chart of the day)
Apr 23, 2024 11:25 am UTC| Technicals Digital Currency
Akash is a decentralized and open-source cloud computing platform.It uses a Delegated Proof-of-Stake mechanism to achieve consensus. ASTRUSD showed a massive rally after a minor correction. Any daily close...
FxWirePro-Crude Oil Daily Outlook
Apr 23, 2024 10:20 am UTC| Technicals
WTI crude oilpared most of its gains on easing geo-political tension. It hit a high of $82.98 at the time of writing and is currently trading at $81.95. The UnitedStates of America has imposed new sanctions on Iran...
FxWirePro- Silver Daily Outlook
Apr 23, 2024 08:39 am UTC| Technicals
Silver- Ichimoku analysis (4-hour chart) Tenken-Sen- $27.78 Kijun-Sen- $27.85 Silver was one of the worst performers this week and lost more than $2 due to profit booking. Ithit a low of $26.94...
FxWirePro: EUR/NZD downside pressure builds, key support level in focus
Apr 22, 2024 22:10 pm UTC| Technicals
EUR/NZD slumped on Monday as kiwi dollar strengthened against euro on increased demand for risker currency like kiwi dollar. EUR/ NZD fell to 1.7995 close to the 38.2% fib. A break under 38.2% fib would unmask 1.6650...
FxWirePro: EUR/AUD heads deeper into bear territory, 1.6512 a key barrier
Apr 22, 2024 21:43 pm UTC| Technicals
EUR/AUD declined on Monday as euro was weighed down on ECB rate cut expectation and stronger Australian dollar . ECB President Christine Lagarde stated last week that the bank plans to lower interest rates soon,...
FxWirePro GBP/NZD sinks to two-week low with plenty more downside potential
Apr 22, 2024 19:33 pm UTC| Technicals
GBP/NZD declined on Monday as GBP was heavily weighed down by Fridays dovish comments from BoE Deputy Governor. Ramsdens confidence that UK inflation risks are ebbing along with BoE Governor s recent comments that...
FxWirePro: GBP/AUD heads deeper into bear territory, bears plotting path toward 1.9100
Apr 22, 2024 16:18 pm UTC| Technicals
GBP/AUD declined on Monday as last weeks weak UK retail sales data and BoE rate cut prospects weighed on sterling. Interest rate futures on Monday fully priced in a first quarter-point rate cut by the Bank of England...
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