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Tue, Nov 19, 2024 01:21 AM All times are UTC

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FxWirePro: Sell GBPJPY on rallies

Apr 07, 2022 07:32 am UTC| Technicals

GBPJPY has halted its four days of a bullish trend and showed a minor sell-off. The pair was one the best performers the previous month on surging US Treasury yields putting pressure on the yen. The policy divergence...

FxWirePro: AUD/USD slips below 0.75 handle on mixed Australian Trade data, risk-aversion

Apr 07, 2022 06:38 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.28% lower on the day at 0.7485 at around 06:20 GMT. The pair has slipped below 5-DMA and 200H MA support, scope for further weakness. Australian dollar holds the...

FxWirePro: USD/JPY extends range trade above 5-DMA support, Fed/BOJ divergence cap downside

Apr 07, 2022 05:57 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY extends range trade above 5-DMA support, overbought oscillators warrant some caution. Federal Reserves minutes overnight showed that several participants would have been minded...

FxWirePro: Gold Daily outlook

Apr 07, 2022 05:11 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1929.94 Kijun-Sen- $1932.76 Gold trades slightly lower after Fed meeting minutes. Us Fed plans to shrink its balance sheet by $95 billion per month. Many...

FxWirePro: EUR/NZD capped by the 38.2% fibonacci, good to sell on rallies

Apr 06, 2022 23:03 pm UTC| Technicals

EUR/NZD recovered some ground on Wednesday but gains were limited as the prospect of new Western sanctions on Russia and the upcoming French presidential election capped gains. Pair traded in 1.5642/1.5783 range and...

FxWirePro: GBP/AUD strongly bearish despite upside attempts

Apr 06, 2022 21:38 pm UTC| Technicals

GBP/AUD strengthened on Wednesday as GBP benefited from weaker Australian dollar Australian dollar drop was aided by US$ buying and lower oil prices as Investors leaned towards aggressive rate hikes from the Fed . ...

FxWirePro: EUR/AUD gains some upside momentum but still bearish

Apr 06, 2022 20:57 pm UTC| Technicals

EUR/AUD recovered some ground on Wednesday as the pair was aided by profit-taking on shorts. The pair is currently approaching resistance at 1.4578 (38.2% fib). Resistance at 1.4578 is likely to cap further upside in...

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Economy

Trump Media, Bakkt in 'Advanced Talks': Crypto Deal Sparks 162% Surge in Market Frenzy

Trump Media is reportedly in advanced talks to acquire Bakkt, a major cryptocurrency trading firm. The Financial Times revealed the negotiations, triggering a 162% spike in Bakkts stock price and a 15% boost in Trump Media...

Wall Street’s Top Nvidia Bull Sounds Alarm: Shares Are 'Modestly at Risk' Amid Blackwell Setbacks

Wall Streets leading Nvidia bull has raised concerns over the stocks future, citing overheating Blackwell systems and a shaky semiconductor sector. With earnings on the horizon, investor sentiment grows increasingly...

'Time to Fade the Trump Trade!' Market Experts Warn of Major Economic Shifts in 2025

Economic experts are sounding the alarm over the optimism surrounding President-elect Donald Trumps anticipated economic policies. According to a report from BCA Research, the market may be overestimating the impact of...

S&P 500 to Surge Backloaded in 2025: UBS Predicts 6,400 Milestone Amid Global Growth Headwinds

UBS strategists predict the SP 500 will close 2025 at 6,400, driven by backloaded returns. Despite early-year challenges, U.S. equities are expected to outperform global counterparts, particularly European and emerging...

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...

Politics

Trump Meets Coinbase CEO Brian Armstrong for Key Appointment Talks — WSJ

President-elect Donald Trump has reportedly met with Coinbase CEO Brian Armstrong to discuss personnel appointments that could influence cryptocurrency regulations, according to the Wall Street Journal. The meeting signals...

China’s Xi Jinping at G20: AI Cannot Be a 'Game of Rich Countries,' Xinhua Reports Bold Speech

At the G20 Summit, Chinas Xi Jinping delivered a sharp critique of global AI inequity, declaring it cannot be a game of rich countries. Xi vowed to bolster the Global South with new initiatives and condemned green...

Trump’s White House Return Sparks Fears as Iran, China Vow to Strengthen Ties 'Unshaken' by U.S. Pressure

The reelection of Donald Trump as U.S. president has stirred geopolitical conversations across the globe. However, Iran has made it clear that its ties with China will remain unaffected. In a statement made to the ISNA...

Trump Jr. Explodes Over Biden’s ‘World War 3’ Move: Claims Chaos Before Trump’s Return

In a fiery critique, Donald Trump Jr. has accused the Biden administration of escalating global tensions by approving long-range missile use in Ukraine. The move, according to Trump Jr., aims to provoke a World War 3...

Trump to Declare National Emergency: Military-Backed Mass Deportation Sparks Outrage in Heated Border Security Plan

In a bold move that has already drawn sharp criticism and heated debate, President-elect Donald Trump confirmed plans to declare a national emergency on border security, a decision aimed at facilitating the mass...

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 Set to Soar: Peter Brandt Signals Massive Rally with Bullish Coil Pattern

Veteran trader Peter Brandt forecasts a substantial surge in XRPs price, pointing to a bullish coil pattern that suggests the cryptocurrency is ready for a massive rally. With XRP clearing its 2023 high and approaching key...

OpenAI's o1 Model Under Fire as AI 'Godfather' Calls for 'Much Stronger Safety Tests'

OpenAIs new o1 Model, acclaimed for its human-like reasoning, is under scrutiny as AI pioneer Yoshua Bengio calls for much stronger safety tests. Concerned about the models potential to deceive, Bengio emphasizes the...

Dogecoin Panic: Millions in Limbo as Wallet Shutdown Triggers Urgent Scam Warning

Millions of Dogecoin holders risk losing their funds as Dogechain.info shuts down, prompting an urgent warning from a top developer. Users must act before Dec. 31 to secure their private keys, with scammers exploiting the...

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...