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Mon, Nov 18, 2024 11:28 AM All times are UTC

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FxWirePro: AUD/JPY extends choppy trade between major EMAs, bias neutral

May 24, 2022 11:42 am UTC| Technicals

Chart - Courtesy Trading View AUD/JPY was trading 0.70% lower on the day at 90.25 at around 11:30 GMT, bias remains neutral. Australian dollar dampened after mixed PMI data. Australias SP Global Manufacturing PMI for...

FxWirePro: EUR/CHF Daily Outlook

May 24, 2022 11:26 am UTC| Technicals

Chart - Courtesy Trading View EUR/CHF was trading 0.21% higher on the day at 1.0338 at around 11:20 GMT. The pair is extending bounce off daily cloud support, breaks above 55-EMA, raising scope for further...

FxWirePro- Major pair levels and bias summary

May 24, 2022 11:04 am UTC| Technicals

Major pair levels and bias...

FxWirePro: EUR/GBP Daily Outlook

May 24, 2022 10:59 am UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.38% higher on the day at 0.8526 at around 08:00 GMT, remains unfazed by downbeat Eurozone PMIs. The pair has held support at 200-DMA and is currently extending...

FxWirePro- Top altcoins for the day (Strength index)(XTZUSD and BETAUSD)

May 24, 2022 09:44 am UTC| Technicals Digital Currency

Top Altcoins Strength Index (4- hour chart calculated using EMA and Average directional index...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCHF and EURUSD) for the day

May 24, 2022 09:08 am UTC| Technicals

Pair Value Recommendation EURUSD 307.85 Strong Buy USDCHF -352.25 Strong Sell USDCHF Major resistance- 0.9765 Near-term support- 0.9600 Trend reversal...

FxWirePro-USDCHF Daily Outlook

May 24, 2022 08:49 am UTC| Technicals

The pair is trading weak for the past five days and declined more than 400 pips. The hawkish comments from the SNB chairman and increase in demand for safe-haven assets support the Swiss franc. Markets eye the US Fed...

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Economy

FxWirePro- Major Economic events for the week

Date Time Currency Event Actual Forecast Previous Tue Nov 19 12:30...

US Dollar Stays Steady Amid Economic Mixed Signals as Global Inflation Reports Loom

US dollar index is trading in a narrow range between 106.33 and 106.96 in past one week due to mixed US economic data. As of November 14, 2024, the Producer Price Index (PPI) showed no change from the previous...

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...

Politics

Trump’s Team Plans Federal Rules for Autonomous Vehicles as Tesla Cybercab Sparks Debate

President-elect Donald Trumps transition team is prioritizing federal regulations for autonomous vehicles, potentially accelerating innovations like Teslas Cybercab. Sources reveal plans to establish a framework through...

Taiwan Appeals to EU for Bold Economic Pact to Strengthen Semiconductor Alliance

In a significant move on Monday, Taiwan President Lai Ching-te called on the European Union to forge a bold economic partnership agreement aimed at enhancing collaboration in semiconductors. He emphasized that uniting...

Coinbase CEO Armstrong's Game-Changing Proposal to Musk’s D.O.G.E.: Sovereign Wealth and Spending Caps

Brian Armstrong, CEO of Coinbase, has challenged Elon Musks D.O.G.E. commission with a game-changing proposal: implement a government spending cap and establish a U.S. sovereign wealth fund distributing dividends to...

Lummis Calls on Treasury to Swap Gold for Bitcoin in Strategic Reserve Plan

Wyoming Senator Cynthia Lummis is urging the U.S. Treasury Department to convert a portion of its gold holdings into Bitcoin, proposing the creation of a strategic Bitcoin reserve to address inflation and the soaring...

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...

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

Shiba Inu Burn Rate Explodes 6223% as SHIB Price Rallies, Is $1 Within Reach?

Shiba Inus burn rate hit an astonishing 6223% on November 18, destroying 290,321 SHIB. The reduced supply drove a 4% price rally, stirring investor speculation about SHIBs potential to reach $1 amid bullish market...

Nvidia's Blackwell AI Chip Overheats—Launch at Risk as Tech Giants Grow Anxious

Nvidia is urgently addressing overheating problems in its new Blackwell AI chips when integrated into customized server racks, causing anxiety among major clients like Microsoft and Meta. The company is collaborating with...

Cathie Wood Says Bitcoin’s Journey Is Just Beginning as It Hits $90K With "A Long Way to Go"

Despite Bitcoins surge to a record-breaking $90,000, ARK Invests Cathie Wood argues the cryptocurrency is only at the start of its ascent. Predicting a possible rise to $1.5 million by 2030, she attributes the momentum to...

Shiba Inu Set for Major Rally as Golden Cross Signals 23% Price Surge

Shiba Inu, the meme-inspired cryptocurrency, appears poised for a significant price increase as a golden cross forms on its daily chart. This bullish indicator suggests SHIB could surge by 23%, following a healthy...

Bitcoin’s Bull Run Sparks $135K Ceiling Forecast, but Could a $70K Correction Be Inevitable?

CryptoQuant CEO Ki Young Ju projects Bitcoins price ceiling at $135K, but analysts highlight leveraged market risks that could lead to a correction to $70K. ETF inflows and bullish trends fuel optimism amid market...