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FxWirePro- Gold Daily Outlook

May 19, 2022 05:20 am UTC| Technicals

Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1816.58 Kijun-Sen- $1811.57 Gold traded in a narrow range between $1836 and $1807 for the past two days. The minor weakness in the US dollar supports the...

FxWirePro :EUR/NZD consolidating around 1.6625,bias is bullish

May 19, 2022 00:07 am UTC| Technicals

EUR/NZD rose higher on Wednesday as the pair continued to benefit from hawkish comments from ECB and weaker kiwi dollar. Pair traded in 1.6534/1.6643 range and was last trading at 1.6629 into the US afternoon. ...

FxWirePro: GBP/AUD uptrend looks tired, but continues to hold

May 18, 2022 23:44 pm UTC| Technicals

GBP/AUD initially dipped on Wednesday after data showed UK inflation hits 40-Yr high but recovered ground ahead of Australian jobs data. UK headline annual CPI came in at 9% in April, just below forecast but well above...

FxWirePro:EUR/AUD runs out of steam but maintains bullish outlook

May 18, 2022 22:45 pm UTC| Technicals

EUR/AUD initially gained on Wednesday, but rally fizzled as investors awaited Aussie jobs data. Australian jobs data for May on Thursday could show unemployment falling under 4.0% for the first time since the early...

FxWirePro: USOIL extends range trade, outlook remains bullish

May 18, 2022 13:53 pm UTC| Technicals

Chart - Courtesy Trading View US OIL was trading rangebound for the second straight session, outlook however remains bullish. The pair has formed back to back Doji and inverted hammer formations, denting further...

FxWirePro: EUR/JPY Daily Outlook

May 18, 2022 13:29 pm UTC| Technicals

Chart - Courtesy Trading View EUR/JPY slipped lower from session highs and was trading 0.50% lower on the day at 135.76 at around 12:40 GMT. The single currency remained on the back foot after Eurozone Consumer Price...

FxWirePro- Top altcoins for the day (Strength index)(CHZUSD and SANTOUSD)

May 18, 2022 10:21 am UTC| Technicals

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

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Economy

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...

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...

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...

Politics

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...

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...

Science

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...

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...
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