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FxWirePro: EUR/JPY tests 50-DMA at 128.90, decisive break above to see further upside

Aug 24, 2018 08:10 am UTC| Technicals

Refer EUR/JPY chart on Trading View EUR/JPY extends gains for the 4th straight session, trades 0.28% higher at 128.75 at the time of writing. German manufacturing PMIs were largely inline with expectations....

Digital Currency Revolution

FxWirePro: BTC/USD tries to hold above 6500, break above 21-EMA to see minor bullishness

Aug 24, 2018 07:36 am UTC| Digital Currency Technicals

(Refer BTC/USD chart on Trading View) BTC/USD closed above 20-DMA at 6525 levels on Thursday and is trying to hold its strength above the 6500 mark. The pair is currently trading at 6518 levels at the time of writing...

BTC/USD drifts in sideways on shooting star after SEC clamps down derivatives-based BTC ETFs

Aug 24, 2018 07:17 am UTC| Technicals Insights & Views Digital Currency

Yesterday, althoughBTCUSDprices have attempted to bounce back from the lows of $6,350 levels to the recent highs of $6,527.2 levels, a sharp shooting star has occurred yesterday at $6,363.80 levels to signal bearish...

FxWirePro: USD/CNY hovers around 6.89 mark, PBOC sets yuan mid-point at 6.8710

Aug 24, 2018 07:14 am UTC| Technicals

USD/CNY is currently trading around 6.8827 marks. It made intraday high at 6.8906 and low at 6.8723 levels. Intraday bias remains bullish till the time pair holds key support at 6.8399 mark. A sustained...

FxWirePro :Buy GBPJPY on dips

Aug 24, 2018 07:04 am UTC| Technicals

Intra day Trend : Bullish Ichimoku Analysis (hourly chart) Tenken-sen- 142.68 Kijun-Sen- 142.71 Trend reversal level (intra day)- 143.01 (yesterdays high) The pair has shown a minor...

FxWirePro: EUR/AUD consolidates break above 61.8% Fib, eyes 78.6% Fib at 1.60

Aug 24, 2018 06:56 am UTC| Technicals

Refer EUR/AUD chart on Trading View EUR/AUD consolidates break above 61.8% Fib, bias higher. Aussie bulls find support following news of Australian Treasurer Scott Morrisons victory to become the new Australian...

FxWirePro: USD/INR exhibits range bound movement, downside limited

Aug 24, 2018 06:41 am UTC| Technicals

USD/INR is currently trading around 70.10 marks. It made intraday high at 70.24 and low at 70.02 marks. Intraday bias remains slightly bearish for the moment. Key resistances are seen at 70.25, 70.38, 70.56,...

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Economy

Russia Cuts Gas to Austria in Payment Showdown: EU Energy Crisis Takes a Heated Turn

In a dramatic escalation of Europes energy woes, Russia abruptly halted gas supplies to Austria on Saturday over a contentious payment dispute involving Austrias largest energy firm, OMV, and Russian state-owned Gazprom....

Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist

As inflation continues to strain household budgets, voters remain deeply concerned about rising costs. Yet, according to UBS Chief Economist Paul Donovan, inflation fears are unlikely to deter the United States from...

‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market

The Trump trade is back in focus following the dramatic market reactions to Donald Trumps return to the White House. With equities soaring, Treasury yields climbing, and the U.S. dollar strengthening, Bank of America...

‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep

The Republican Partys decisive victory in the 2024 elections has reignited comparisons to its 2016 sweep that handed the GOP control of both the White House and Congress. However, while the broad goals of the Republican...

‘Massive Market Shakeup’: Second Trump Term Sparks Investor Optimism but Raises ‘Explosive’ Policy Questions Ahead

With Donald Trump returning to the White House, financial markets are experiencing a rapid reshuffling of expectations, according to a UBS report released this week. U.S. stocks surged following Trumps reelection,...

Politics

Alaska’s House Seat Flips Red: Nick Begich’s Stunning Victory Leaves Democrats ‘Reeling’ Over Peltola’s Defeat

In a major victory for the Republican Party, pro-life candidate Nick Begich has flipped Alaskas at-large U.S. House seat, defeating incumbent Democrat Mary Peltola in a closely contested race. The victory delivers a...

Matt Gaetz’s Attorney General Dream Shattered? Senate Republicans Privately Claim ‘No Path Forward’ Amid Mounting Opposition

As speculation swirls around a potential nomination of Rep. Matt Gaetz for Attorney General, sources within the Senate have indicated that the controversial congressman is facing significant resistance from Republican...

Texas AG Ken Paxton Sparks Controversy by Backing Kash Patel for FBI Director: ‘The Shake-Up Washington Needs'

Texas Attorney General Ken Paxton has thrown his support behind Kash Patel, a prominent ally of former President Donald Trump, as the next director of the Federal Bureau of Investigation (FBI). The endorsement has sparked...

Pennsylvania Counties Accused of Counting Disqualified Ballots: ‘Defying State Law,’ Critics Claim as Controversy Erupts

A brewing controversy in Pennsylvania is making waves as allegations emerge that Democratic officials in several predominantly blue counties defied state law and court orders by counting disqualified ballots during the...

Kash Patel for FBI Director? Washington Erupts Over Allegations of Political Targeting and Purging ‘Deep State’ Insiders

Speculation is mounting over reports that President-elect Donald Trump may nominate Kash Patel, a close ally and former national security official, as the next director of the FBI. The potential appointment is already...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

Cathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support

Bitcoins value may climb to $1.5 million by 2030, Ark Invests Cathie Wood predicts. With spot Bitcoin ETFs, rising institutional demand, and improved regulations, Wood argues the cryptocurrency is cementing its role as a...

Ripple Whales Buy 320M XRP in Days, Driving Price to $1.08 Amid Bullish Market Trends

Ripple whales have accumulated 320 million XRP in a massive buying spree, pushing prices to a two-year high of $1.08. Market analysts are eyeing $2 as the next target amid surging trading volume and bullish...

PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90% in Solana Meme Coin Explosion

The Solana meme coin market continues its meteoric rise as a crypto whale withdrew $7.12 million worth of PNUT, driving its price up 2000%. Simultaneously, GOAT has surged by 90% since the same whale invested $6.1 million,...

Shiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead?

Shiba Inus burn rate soared 464% this week, with 624.5 million SHIB tokens burned. The supply shock aligns with a 6% intraday price increase, signaling bullish momentum for the meme coin amid a broader market rally in meme...

Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential'

Dogecoin is on a meteoric rise after Elon Musk affirmed that D.O.G.E. Has Real Potential. His new role as head of the Department of Government Efficiency has further amplified investor optimism, propelling the coin to...