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FxWirePro-Major pair levels and bias summary

May 05, 2022 11:12 am UTC| Technicals

Major pair levels and bias...

FxWirePro- Bull and bear case

May 05, 2022 11:01 am UTC| Technicals Digital Currency

BTCUSD gained more than $1000 after US Fed monetary policy. The demand for riskier assets increased as the fed did not consider aggressive rate hikes in near future. It hits a high of $40050 and is currently trading around...

FxWirePro- Top altcoins for the day (Strength index)(ANCUSD and STEEMUSD)

May 05, 2022 10:41 am UTC| Technicals Digital Currency

Top Altcoins Strength Index (4- hour chart calculated using EMA and Average directional index ) Pair Value Recommendation ANCUSD 225 Buy STEEMUSD 352.12 Strong...

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

May 05, 2022 10:08 am UTC| Technicals

Pair Value Recommendation EURAUD -318.95 Strong Sell CHFJPY -195.72 Sell EURAUD Major resistance- 1.5200 Near-term support- 1.4600 Trend reversal level-...

FxWirePro: EUR/JPY holds gains above 5-DMA, euro ignores disappointing German factory data

May 05, 2022 09:53 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 0.28% higher on the day at 137.44 at around 09:40 GMT, extends gains for the third straight session. The single currency remains unfazed by disappointing German...

FxWirePro-USDCHF Daily Outlook

May 05, 2022 08:00 am UTC| Technicals

The pair pared some of its gains after Feds monetary policy. The central bank hiked interest rates by 50 bpbs.plans to trim its $9 trillion balance sheet. The Committee is highly attentive to inflation risks, the FOMC said...

FxWirePro- GBPJPY Daily Outlook

May 05, 2022 07:39 am UTC| Technicals

GBPJPY declined slightly due to the strong yen. The pound sterling regained after the Central bank rejected odds of a 75 bpbs rate hike. Any breach above 1.26500 confirms further bullishness. GBPJPY hits an intraday high...

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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

BAN Soars 80%, AKT Gains 25% as Binance Futures Introduces 75x Leverage Contracts

Comedian (BAN) surged 80%, and Akash Network (AKT) gained 25% following Binance Futures announcement of USDⓈ-Margined perpetual contracts for both assets. The new trading pairs, set to launch on November 18, offer up to...

Xiaomi SU7 Blazes Past 100K Deliveries Early, Ramps Up 2024 Goal to 130K Units

Xiaomi has surged past its delivery target for the SU7 electric vehicle, crossing 100,000 units ahead of schedule. The company has now set an aggressive goal for 2024, aiming to deliver 130,000 units amid record production...

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...
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