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FxWirePro: CHFJPY Daily outlook

Jul 06, 2022 11:38 am UTC| Technicals

Major Intraday resistance - 140 Intraday support- 139.25 CHFJPY trades weak for the fifth consecutive day and lost more than 400 pips on the declining Swiss franc. The Swiss franc lost its shine against the...

FxWirePro- USDCAD Daily Outlook

Jul 06, 2022 11:32 am UTC| Technicals

Intraday bias - Bullish USDCAD regained above 1.3000 on board-based US dollar buying. The massive sell-off in crude oil prices also puts pressure on the Canadian dollar.US dollar index breaks significant resistance...

FxWirePro: EUR/JPY Daily Outlook

Jul 06, 2022 10:08 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 0.80% lower on the day at 138.32 at around 10:00 GMT. The pair has broken below 50-DMA and 23.6% Fib, further weakness on cards. Technical Analysis: - MACD and ADX...

FxWirePro: AUD/USD Daily Outlook

Jul 06, 2022 08:45 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - AUD/USD was trading 0.14% higher on the day at 0.6809 at around 08:40 GMT - The pair trades with a bearish bias, refreshes 2-year lows below 0.68 handle -...

FxWirePro- GBPJPY Daily Outlook

Jul 06, 2022 05:49 am UTC| Technicals

FxWirePro- GBPJPY Daily Outlook GBPJPY declined sharply and lost more than 350 pips from yesterdays high of 165.21. The pound sterling tanks below the 1.2000 level on board-based US dollar buying and BOE pessimistic...

Gold Daily Outlook

Jul 06, 2022 05:02 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1788 Kijun-Sen- $1794.50 Gold price showed a gap-down opening on US dollar strength. US dollar index breaks significant resistance at 105.78 and hits a 19-year high...

FxWirePro :GBP/AUD pressured by techs and UK political uncertainty

Jul 05, 2022 23:40 pm UTC| Technicals

GBP/AUD declined on Tuesday as sterling was knocked down by a fresh UK government crisis. British Health Secretary and UK finance minister resigned on Tuesday, plunging Prime Minister Boris Johnsons government into...

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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

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...

‘Entire Agencies Will Be Deleted!’ Vivek Ramaswamy’s Bold Declaration Sparks Massive Political Backlash and Divides Washington

Vivek Ramaswamy, a prominent entrepreneur and Republican political figure, has made headlines with his controversial remarks about the future of federal agencies. During a recent interview, Ramaswamy declared his intent to...

‘Behind the Scenes with Barron!’ Lara Trump Reveals the Role That Helped Secure Trump’s Re-Election

In a surprising revelation, Lara Trump has highlighted the contributions of Barron Trump, the youngest son of President-elect Donald Trump, in his fathers successful re-election campaign. Speaking candidly during a recent...

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...