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Technicals

Tue, Nov 19, 2024 01:39 PM All times are UTC

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FxWirePro: EUR/JPY Technical Outlook

Mar 02, 2022 13:26 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - EUR/JPY was trading largely muted at 127.83 at around 11:50 GMT - The pair made a session high at 128.09 and low at 127.29 and has formed a Spinning...

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

Mar 02, 2022 12:30 pm UTC| Technicals

Pair Value Recommendation CADJPY 354.12 Strong Buy USDJPY 358.15 Strong Buy CADJPY Major resistance- 91 Near-term support- 90 Trend reversal level-...

FxWirePro- The Bull and bear scenario for the top cryptocurrency (Bitcoin and ETH)

Mar 02, 2022 12:18 pm UTC| Technicals

Bitcoin (BTCUSD)- BTCUSD surged sharply and held well above $40000. The pair dropped more than $10000 from a high of $45850 due to the escalation of geopolitical tension between Russia and Ukraine. Markets eye Russia...

FxWirePro: NZD/USD rangebound above 55-EMA support, finds stiff resistance at daily cloud

Mar 02, 2022 11:48 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD was trading 0.08% higher on the day at 0.6760 at around 10:30 GMT. The pair is extending range trade for the 2nd consecutive session, finds strong support at 55-EMA. Market...

FxWirePro: USD/JPY extends gains ahead of US ADP, Powell

Mar 02, 2022 10:26 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: USD/JPY was trading 0.31% higher on the day at 115.22 at around 10:10 GMT Previous Weeks High/ Low: 115.76/ 114.40 Previous Sessions High/ Low: 115.28/...

FxWirePro- USDCAD Daily outlook

Mar 02, 2022 09:48 am UTC| Technicals

Significant Resistance - 1.2820 USDCAD continues to trade lower after hitting a multi-week high at 1.28750. The Canadian dollar was one of the best performing commodity currencies on surging oil prices. WTI crude jumped...

FxWirePro- GBPJPY Daily Outlook

Mar 02, 2022 09:10 am UTC| Technicals

Short-term resistance -154 Intraday Support- 152.65 GBPJPY is trading lower for the second consecutive days and lost more than 200 pips. The pound sterling is under pressure against the US dollar below 1.3300 on...

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Economy

Tech Stocks Surge in Asia; Experts Warn ‘Cooling AI Boom May Hit NVIDIA’s Gains Hard’

Asian stock markets started the week on a strong note, buoyed by tech sector gains as anticipation builds around key economic decisions in China and Japan. Despite the positive momentum, analysts caution that the ongoing...

FxWirePro- Major Economic Events for the day

Date Time Currency Event Actual Forecast Previous Tue Nov...

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...

Politics

Will Donald Trump bring back the border wall in 2025?

As Donald Trump prepares to return to the White House in January 2025, speculation is mounting over whether he will reinstate one of his most polarizing policies: the U.S.-Mexico border wall. During his first term, the...

What are Donald Trump's plans for Social Security and Medicare in 2025?

Donald Trumps anticipated second term as President has reignited contentious discussions surrounding the future of Social Security and Medicare. As speculation swirls over proposed reforms, critics and supporters alike are...

How will Donald Trump handle the Ukraine-Russia conflict in 2025?

In 2025, President Donald Trumps approach to the ongoing Ukraine-Russia conflict has ignited fervent discussions on the global stage. Known for his unconventional strategies and unpredictable foreign policies, Trump has...

Donald Trump’s top foreign policy goals for 2025 explained

Donald Trump, the United States 47th president-elect, has unveiled a sweeping foreign policy agenda for his upcoming term, sparking both anticipation and apprehension. His priorities aim to redefine Americas role on the...

Donald Trump’s immigration policies: What's changing in 2025?

Donald Trumps return to the White House in 2025 signals a seismic shift in U.S. immigration policies, sparking praise from supporters and fierce backlash from critics. The president-elects agenda reportedly includes...

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

Super Micro Computer Fights Back: 'Nasdaq Delisting Will Not Happen!' Shares Soar Amid Bold Comeback

Super Micro Computer Inc. is staging a dramatic rebound, naming BDO USA as its new auditor and submitting a detailed compliance plan to Nasdaq to maintain its listing. The AI server makers announcement sent shares surging...

Bitcoin Soars Past $91K on Record MicroStrategy Purchase: Is This Just the Beginning?

Bitcoin prices surged above $91,000 on Tuesday, fueled by a record-breaking purchase from corporate giant MicroStrategy and optimism surrounding the regulatory outlook under a second Trump administration. As investors...

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...

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...