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FxWirePro: EUR/NZD bullish outlook with scope to target 1.6600

May 06, 2022 23:43 pm UTC| Technicals

EUR/NZD rose on Friday as ECB rate rise talk and weaker kiwi dollar boosted the pair. Pair traded in 1.6380/1.6493 range and was last trading at 1.6451 into the US afternoon. Technical signals are bushish as RSI is...

FxWirePro: EUR /AUD maintains bullish bias with focus on 1.5000 level

May 06, 2022 23:21 pm UTC| Technicals

EUR /AUD strengthened on Friday as ECB members talking up return to positive rates this year boosted euro. Euro was lifted by comments made by French central bank chief Francois Villeroy de Galhau, who said the ECB...

FxWirePro- Major pair levels and bias summary

May 06, 2022 16:48 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: Daily Commodity Tracker - 6th May, 2022

May 06, 2022 16:16 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/JPY Daily Outlook

May 06, 2022 13:54 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bullish - EUR/JPY was trading 0.53% higher on the day at 137.88 at around 12:30 GMT - The pair is extending gains for the fourth straight session, outlook is...

FxWirePro: EUR/GBP extends previous session's spike, refreshes 2022 highs above 0.85 handle

May 06, 2022 12:27 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.48% higher on the day at 0.8562 at around 10:30 GMT, slightly lower from session highs at 0.8577. Comments from ECBs Villeroy, who suggested that the central banks...

FxWirePro- Bull and bear case

May 06, 2022 10:59 am UTC| Technicals Digital Currency

BTCUSD tumbled as decrease in demand for riskier assets. The crash comes after the Micro strategy CFO said that the company should add more collateral if BTC prices hit $21500. It hits a low of $35579 and is currently...

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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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