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FxWirePro- Gold Daily outlook

Aug 05, 2021 05:22 am UTC| Technicals

Ichimoku analysis (Daily chart) Tenken-Sen- $1811.46 Kijun-Sen- $1793.62 Gold lost more than $20 on upbeat US ISM services data. It hits a record high in July at 64.1 compared to a forecast of 60.40. The...

FxWirePro: USD/JPY shakes off ADP-led weakness and edges higher, hawkish Fed comments boost dollar

Aug 05, 2021 05:06 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading 0.19% higher on the day at 109.68 at around 04:30 GMT, after closing 0.42% higher in the previous session. The pair retraced from multi-week lows at 108.72 and closed...

FxWirePro: GBP/AUD neutral in the near-term, scope for downward resumption

Aug 04, 2021 22:24 pm UTC| Technicals

GBP/AUD initially declined on Wednesday but recovered most of the ground as investors awaited Bank of England MPC meeting. At GMT 22:18, the pair was trading down 0.01 percent at 1.8812 after reaching daily low at...

FxWirePro: EUR/NZD extends drop, plunge to test a key fibo grows

Aug 04, 2021 18:22 pm UTC| Technicals

EUR/NZD declined on Wednesday after New Zealand dollar rose higher after strong jobs data. New Zealand jobless rate fell sharply in Q2, cemented rate hike expectations. Markets price in a 100% chance of 25 bps hike to...

FxWirePro:GBP/NZD outlook weaker on renewed downside pressure

Aug 04, 2021 16:44 pm UTC| Technicals

GBP/ NZD extended its drop on Wednesday as strong New Zealand employment data solidified expectations for a rate hike this month as policymakers attempt to cool a hot economy. New Zealand dollar rose sharply against...

FxWirePro: Major pair levels and bias summary

Aug 04, 2021 16:02 pm UTC| Technicals

Major pair levels and bias...

FxWirePro- EURUSD Daily outlook

Aug 04, 2021 15:57 pm UTC| Technicals

Ichimoku analysis (4-Hour chart) Tenken-Sen- 1.18677 Kijun-Sen- 1.18753 EURUSD has lost more than 50 pips on upbeat US SIM services data. It hits a record high in July at 64.1 compared to a forecast of...

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Economy

Tencent shares plunge 10% after China media calls online gaming 'electronic drugs'

Stocks of Chinas biggest social media and video game firm Tencent tumbled over 10 percent, wiping almost $60 billion from its market capitalization after state-run Economic Information Daily likened online video games to...

Nissan and AESC to build $456 million EV battery plant in Japan

Envision AESC and Nissan will build a second car battery factory in two months, set to rise in Ibaraki Prefecture, with an initial investment of $456 million and an annual production capacity of six gigawatt-hours in...

NTT laments lost opportunity to showcase technology at Tokyo Olympics

Japanese companies like Nippon Telegraph and Telephone Corp. lament the missed opportunity for their products to take center stage with the lack of spectators in the Olympic games. NTT wanted to showcase its...

Toss offers free transactions amid growing online bank competition

Viva Republica would eliminate transaction fees for Toss users starting Monday, as it prepares to launch Toss Bank next month and gears up for growing competition with internet-only banks and other fintech firms. The...

Politics

Joe Biden vaccine: US meets 70 percent vaccination rate

The Biden administration is increasing efforts to get Americans vaccinated in light of the surge in cases, especially of the Delta variant. This week, President Joe Biden has announced that the US has finally hit the 70...

Kamala Harris to promote Biden-Harris administration's 'America is Back' in upcoming visit to Singapore, Vietnam

US Vice President Kamala Harris will be making her next few overseas engagements this month in her upcoming visits to Singapore and Vietnam. Harris is expected to promote the new administrations message in her trips to the...

Kevin McCarthy faces further backlash from women's rights group over 'joke' of assaulting Nancy Pelosi

House Minority Leader Kevin McCarthy recently came under fire for his joke about hitting House Speaker Nancy Pelosi with a gavel should he become House Speaker in 2022. However, McCarthy is facing further backlash as a...

Capitol insurrection: Testimonies from Capitol police can help build criminal case against ex-POTUS Trump

Last week was the first hearing of the House Select Committee tasked with investigating the events of the Capitol insurrection last January 6. Following the testimonies of some of the injured law enforcement officials that...

Science

Hyundai Mobis develops brainwave analyzer to prevent drowsy driving

Hyundai Mobis developed a brainwave detection device dubbed M. Brain to alert motor vehicle operators against drowsy driving or sudden health issues. The M.Brain analyzes brainwaves to determine the drivers health...

Osaka University ties up with town of Okoppe to turn cow poop into methanol using LEDs

Researchers from the Osaka University and the town of Okoppe are conducting studies to produce methanol by illuminating biogas from cow manure with LEDs. Experiments were conducted at an agricultural and scientific...

Big bang: how we are trying to 'listen' to it – and the new physics it could unveil

Exactly what happened at the beginning of the universe, 14 billion years ago, is one of the greatest mysteries in physics theres no simple way to probe it. Thats because, in its early stages, the universe was filled with...

S. Korean researchers reveal method of using fat insects in producing eco-friendly biodiesel

South Korean researchers announced a method of producing environment-friendly fuels by utilizing the remains of high-fat black soldier flies. The method uses leftover fat from black soldier flies to produce animal feed,...

Nestlé, PepsiCo, and Suntory debut world’s first enzymatically recycled bottles

A consortium that includes Nestlé, PepsiCo, and Suntory has produced the worlds first food-grade PET plastic bottles from enzymatically recycled plastic using Carbios recycling process. The bottles that have been...

Technology

Honor Magic 3 benchmark result hints at the use of Snapdragon 888

The anticipated official launch of Honor Magic 3 is just a few days away, but leaks remain unstoppable. More recently, a Geekbench benchmark test result appeared online, possibly revealing what processing chip will power...

‘Clair de Lune' traveled to space to become the first NFT music to reach orbit

Claire de Lune, the popular classical music composed by French composer Claude Debussy, has a non-fungible token (NFT) version, and this digital file was flown to space. Traveling to orbit and reaching 125,000 miles...

Google Pixel 6 series to launch in 8 countries

Google has done something quite different for the announcement of the Pixel 6 series. Instead of waiting until fall to unveil the upcoming flagship devices, the company published a series of tweets that revealed their...

‘Fortnite’ adds DC’s Bloodsport and ‘Street Fighter’s’ Cammy and Guile this week

Epic Games is having one major collaboration after another this summer. Now, the world of Fortnite is having a crossover with some popular Suicide Squad members and a couple of fan-favorite Street Fighter...
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