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FxWirePro- Gold Weekly Outlook

Jul 11, 2022 05:23 am UTC| Technicals

Ichimoku Analysis (Weekly chart) Tenken-Sen- $1809.09 Kijun-Sen- $1901.39 Gold price consolidating in a narrow range between $1732.32 and $1752.48 for the past three days despite robust US NFP data. US economy has...

Japanese Yen breaks range trade, resumes upside to hit fresh multi-year highs

Jul 11, 2022 05:18 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.74% higher on the day at 137.04 at around 05:05 GMT. The pair has ended range trade and has resumed upside to test fresh multi-year highs at 137.27. Major trend...

FxWirePro:GBP/AUD gives back chunk of early gains, eyes another drop

Jul 08, 2022 23:45 pm UTC| Technicals

GBP/AUD retreated on Friday from daily high as the pair was weighed down by political and economic turmoil in UK. The pair retreated as unfavorable macroeconomic backdrop overshadowed concerns about politics after...

FxWirePro: EUR/NZD key support held, downside risk remains

Jul 08, 2022 23:16 pm UTC| Technicals

EUR/NZD held near one month low on Friday as investors fretted about an energy shock in Europe due to its dependence on Russian gas. EUR/NZD fell as low as 1.6394 before buyers returned and underpinned . Support at...

FxWirePro:GBP/NZD capped by the 50.0% fibonacci, good to sell on rallies

Jul 08, 2022 22:49 pm UTC| Technicals

GBP/NZD initially gained on Friday but gave up ground as an unfavourable macroeconomic overshadowed uncertainty about politics in UK. The pair hit daily high at 1.9523, but retreated back , it was last down 0.14% at...

FxWirePro: EUR/AUD pauses decline, downside risk remains

Jul 08, 2022 18:52 pm UTC| Technicals

EUR/AUD languished near one month low on Friday as high energy costs, rising inflation and recession kept bearish pressure on the pair. EUR/AUD sinks near 1.4815 then sits near 1.1860 late in US trading. Pair...

FxWirePro- Major pair levels and bias summary

Jul 08, 2022 11:24 am UTC| Technicals

Major pair levels and bias...

1001 1002 1003 1004 1005 1006 1007 1008 1009 1010

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

Joy Reid's Fiery MSNBC Take Sparks Controversy: 'No Unity Around Trump’s Radical Agenda!' Sparks National Debate

In a pointed commentary during her MSNBC show, Joy Reid denounced President-elect Donald Trumps agenda, predicting divisive national consequences. Her remarks come as the Trump transition team continues to unveil its...

'DEI Is Done': Democrats Brace for Trump-Nominated Pete Hegseth’s Overhaul of Military Inclusion Policies

In a move stirring sharp political divides, Democrats are expressing mounting concerns over the anticipated nomination of Pete Hegseth as Secretary of Defense under President-elect Donald Trump. The former Fox News...

Senator-Elect Adam Schiff Drops Bombshell Claim: ‘Trump Plans to Use U.S. Military Against Me!’ Sparks Outrage

Senator-elect Adam Schiff has ignited a firestorm with his latest remarks, alleging that President-elect Donald Trump intends to use the U.S. military to target political opponents, including himself. Schiffs explosive...

Oklahoma Prepares to Fast-Track Deportations of Convicted Illegal Immigrants Under Trump’s January 2025 Plan

Oklahoma officials have announced a controversial program aimed at expediting the deportation of hundreds of convicted illegal immigrants currently incarcerated in the states prison system. Set to launch in January 2025,...

Senate Majority Leader-Elect Thune Sparks Controversy, Blasts Democrats for Alleged ‘Election Interference’ in Pennsylvania Senate Race

In a dramatic escalation of post-election tension, Senate Majority Leader-elect John Thune has accused Democrats of attempting to undermine the electoral process in the closely contested Pennsylvania Senate race. Thunes...

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

XRP Surges 82%, Golden Cross Signals Historic Breakout Beyond $1.265

XRPs price skyrocketed over 80% this week, reaching $1.265, its highest in three years. A rare golden cross pattern on the weekly chart hints at what could be a historic price rally for the cryptocurrency. XRP Rockets...

Trump’s Crypto Win Rocks Ethereum: Bitcoin Soars, ETH Slumps ‘More Brutal Than I Expected’

Ethereums decline against Bitcoin has surprised experts, with Lyn Alden calling the drop more brutal than expected. Despite Trumps crypto-friendly administration, Bitcoin surged 31%, leaving Ethereum struggling with a...

Tyler Winklevoss: D.O.G.E. Could Be the US’s Secret Weapon Against Rising Inflation

Tyler Winklevoss, co-founder of Gemini, supports D.O.G.E.s innovative approach to tackling inflation while criticizing the SECs restrictive stance. He emphasizes Bitcoins potential as digital gold amid U.S. economic...

Trump Meeting Rumors Put Ripple Labs CEO in Hot Seat; XRP Soars Amid Backlash

Ripple Labs CEO Brad Garlinghouse is under fire following rumors of a meeting with President-elect Trump. Industry leaders accuse Ripple of promoting an anti-bitcoin agenda as XRP prices spike amid the speculation. The...

Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge

The Shiba Inu team has raised concerns about crypto scams targeting its community as SHIBs price rose by 12.5% within 24 hours. Investors are advised to avoid FOMO-driven schemes and prioritize sustainable projects that...