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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch

Aug 25, 2021 09:40 am UTC| Technicals

Pair Value Recommendation CHFJPY 352 Strong Buy USDCHF -359 Strong Sell Above (-150):Sell Above (-300): Strong Sell Above 150: Buy Above 300: Strong...

FxWirePro: CADJPY Daily Outlook

Aug 25, 2021 09:37 am UTC| Technicals

Ichimoku Analysis (1-hour chart) Tenken-Sen- 87.04 Kijun-Sen- 86.91 Previous week High- 88.06 Previous Week low-86.57 CADJPY is trading higher for the past four trading sessions and...

FxWirePro: USD/JPY grinds sideways below 21-EMA resistance, Jackson Hole Symposium event in focus for direction

Aug 25, 2021 09:06 am UTC| Technicals

USD/JPY chart - Trading View Spot Analysis: USD/JPY was trading 0.14% higher on the day at 109.77 at around 08:10 GMT Previous Weeks High/ Low: 110.22/ 109.11 Previous Sessions High/ Low: 109.88/...

FxWirePro- USDCHF Daily Outlook

Aug 25, 2021 08:28 am UTC| Technicals

Ichimoku analysis (4 Hour chart) Tenken-Sen- 0.91318 Kijun-Sen- 0.91587 June month high 0.92750 The pair is consolidating between 0.92069 and 0.91105 for the past two days. The minor sell-off in...

FxWirePro- GBPJPY Daily Outlook

Aug 25, 2021 07:17 am UTC| Technicals

Ichimoku Analysis (Hourly Chart) Tenken-Sen- 150.57 Kijun-Sen- 150.53 Previous week high 153.45 GBPJPY is consolidating in a narrow range between 150.05 and 151.01 for the past two days. The...

‘Axie Infinity’ players asked to register and pay taxes in the Philippines

Aug 25, 2021 05:31 am UTC| Business Technicals

Axie Infinity is a type of non-fungible token (NFT) online video game, and it recently became so popular in the Philippines due to its play-to-earn mode of gaming. It allows players to earn after successfully competing in...

FxWirePro: NZD/USD pauses two-day uptrend at 21-EMA, mixed New Zealand trade data fails to support

Aug 25, 2021 05:26 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.04% lower on the day at 0.6945 at around 05:15 GMT, after closing 0.87% higher in the previous session. The major paused its two-day bullish streak at 21-EMA...

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Economy

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

Politics

House Rejects GOP Effort to Block Challenges to Trump Tariffs in Narrow Vote

The U.S. House of Representatives rejected a Republican-led effort to block legislative challenges to President Donald Trumps tariffs in a razor-thin 217-214 vote on Tuesday, marking a significant political setback for...

Trump Executive Order Aims to Boost U.S. Coal Power Plants with Pentagon Support

U.S. President Donald Trump is expected to sign a new executive order directing the Pentagon to use federal funding and defense contracts to support struggling U.S. coal-fired power plants, according to a Bloomberg News...

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Technology

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...