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FxWirePro- CADJPY Intraday trade Idea

Jul 07, 2022 07:52 am UTC| Technicals

CADJPY recovered more than 100 pips from a minor bottom on a weak yen. The weakness in WTI Crude oil prices puts pressure on the pair at higher levels. Technically in the 15 min chart, the pair is holding above short term...

FxWirePro- GBPJPY Intraday trade Idea

Jul 07, 2022 05:30 am UTC| Technicals

GBPJPY has formed a double bottom near 160 and shown a recovery on minor bullishness in Pound sterling. Technically in the 15 min chart, the pair is holding above short term (21- and 55 EMA) and below 200 EMA (162.33). Any...

FxWirePro- Gold Daily Outlook

Jul 07, 2022 05:23 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1759.32 Kijun-Sen- $1773.32 Gold price continues to trade lower on the strong US dollar. The yellow metal breaks strong support at $1750 and holds below...

FxWirePro: EUR/NZD neutral in the near-term, scope for downward resumption

Jul 06, 2022 22:44 pm UTC| Technicals

EUR/NZD initially dipped on concern about the euro zones economic prospects but recovered some ground as investors digested minutes from the Feds latest policy meeting. The euro has remained under pressure due to the...

FxWirePro:GBP/NZD recovery facing a steep rock, likely to falter

Jul 06, 2022 21:53 pm UTC| Technicals

GBP/NZD initially dipped on Wednesday but recovered sharply as the pair found strong support at 1.9237 (Lower BB) . The pair rebound from Wednesdays 1.1877 low looks merely corrective as the UK faces mounting economic...

FxWirePro: GBP/AUD strongly bearish despite upside attempts

Jul 06, 2022 18:16 pm UTC| Technicals

GBP/AUD declined on Wednesday as Britains political turmoil and broader economic concerns about a global recession weighed on the pair. The pair failed to breach a key support at 23.6% fib and recovered towards...

FxWirePro:EUR/AUD outlook weaker on renewed downside pressure

Jul 06, 2022 17:05 pm UTC| Technicals

EUR/AUD declined on Wednesday as renewed concerns about the impact of as rising energy prices in Eurozone weighed on euro. The pair, already trading lower on the day, extended its drop to hit 1.4923, lowest since 16th...

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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

Dana White Doubles Down on Election Controversy: ‘Harris Only Won States Without Voter ID’

UFC President Dana White has entered the political fray with remarks that ignited heated debates regarding voter identification laws and the 2024 presidential election. White, known for his unapologetic opinions, allegedly...

Detroit Lions Celebrate Victory with 'Trump Dance,' Sparking Social Media Firestorm

In an electrifying display of victory, the Detroit Lions celebrated their latest win with a unique and eyebrow-raising dance move that has since been dubbed the Trump dance. The celebratory moment, captured during their...

Americans Overwhelmingly Back Mass Deportation Amid Border Crisis: 'The Tipping Point Has Been Reached'

A new poll reveals a striking shift in public sentiment as the majority of Americans now support mass deportation, citing frustration over record-breaking border crossings during the Biden administration. Conducted by ABC...

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...

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...