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FxWirePro: GBP/AUD loses momentum but outlook is bullish

Jan 24, 2022 23:08 pm UTC| Technicals

GBP/AUD initially gained on Monday but rally fizzled as Russia-Ukraine tensions usurped focus on expected BoE rate hike. Investors expect the Bank of England to hike rates in February, after data showed on Wednesday...

FxWirePro: Daily Commodity Tracker - 24th January, 2022

Jan 24, 2022 13:15 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP breaks above 21-EMA, UK political crisis, dismal UK PMIs dent pound

Jan 24, 2022 12:44 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.22% higher on the day at 0.8386, extending previous sessions 0.62% gains. The pair has broken above 21-EMA resistance, raising scope for further upside. The...

FxWirePro: EUR/JPY Daily Outlook

Jan 24, 2022 10:50 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - EUR/JPY is extending weakness for the 3rd straight week - Price action slips below the daily cloud - Momentum studies are bearish, Stochs and RSI...

FxWirePro: NZD/USD trades below 200-week MA, further weakness on cards

Jan 24, 2022 08:58 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD was trading 0.05% lower on the day at 0.6706, edges lower from session highs at 0.6727. Price action closed below 200-week MA in the previous week, opening further downside in...

FxWirePro: AUD/USD fails to capitalize on initial gains, break below cloud to plummet prices

Jan 24, 2022 08:24 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: AUD/USD was trading 0.12% lower on the day at 0.7164 at around 08:15 GMT. Previous Weeks High/ Low: 0.7276/ 0.7169 Previous Sessions High/ Low: 0.7228/...

FxWirePro: USD/JPY pauses downside at daily cloud, Fed Policy Decision Looms

Jan 24, 2022 05:05 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.22% higher on the day at 113.91 at around 04:50 GMT. The pair has snapped at 4-day bearish streak and has edged higher as investors brace for the U.S. Federal...

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Economy

Housing Market Faces Harsh Reality: Mortgage Rates Hammer Single-Family Homebuilding While Multi-Family Starts Climb

U.S. single-family homebuilding plunged in October, underscoring the prolonged struggles of the housing market as high mortgage rates, hurricanes, and a supply crunch weigh heavily on the sector. According to the Commerce...

Federal Workers Fear Mass Firings as Trump, Musk, and Ramaswamy Promise Government Overhaul: 'Billions Could Be Cut!'

More than 2 million federal employees across the United States are bracing for potential upheaval as President-elect Donald Trumps administration signals a sweeping overhaul of government operations. Led by tech mogul Elon...

Huawei’s AI Chip Struggles: 7nm Tech Falls Generations Behind NVIDIA Due to US Sanctions, TSMC Blockade

Huaweis AI chip development faces a significant roadblock as US sanctions limit access to TSMCs advanced chip technologies. Struggling to move beyond 7nm tech, Huawei trails NVIDIA, widening the gap in AI hardware...

Clinton and Yellen Stand Against Trump's Budget Ax: 'The CDFI Fund Must Be Preserved at All Costs'

In a pivotal moment highlighting the ideological divide in Washington, former President Bill Clinton and Treasury Secretary Janet Yellen came together on Thursday to celebrate the 30th anniversary of the Community...

Wall Street in Shock! US-Russia Fright Fades as All Eyes Turn to Nvidia Earnings Bombshell

Geopolitical unease that rippled through global markets on Tuesday showed signs of waning as Asian trading kicked off Wednesday with a renewed focus on Nvidias upcoming earnings report. With heightened investor...

Politics

$250B Bitcoin Reserve? Pompliano’s Vision to Make US the King of Crypto

Anthony Pompliano has called on the U.S. to allocate $250 billion for a Bitcoin Strategic Reserve, arguing it could stabilize the dollar and establish America as the worlds largest Bitcoin holder, a crucial step as global...

Donald Trump’s Bold 2025 Veterans’ Agenda Sparks Controversy: 'Promises vs. Actions' – Critics Demand Accountability

As Donald Trump prepares for his return to the White House in 2025, the former president has outlined an ambitious agenda for U.S. veterans, promising improved healthcare access, streamlined benefits, and stronger support...

How will Donald Trump’s administration reshape education in 2025?

President Donald Trumps administration is making waves in the education sector, unveiling a series of sweeping reforms aimed at reshaping American schools. In 2025, education policy has become one of the most hotly debated...

Trump Names Crypto Champion Howard Lutnick as Commerce Secretary, Signaling Digital Shift

In a move signaling support for the cryptocurrency industry, President-elect Donald Trump has chosen Howard Lutnick, a vocal crypto advocate and CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnicks appointment...

Trump Tours SpaceX with Elon Musk: 'Starship Is America’s Future,' Sparks Controversy Over Space Policy Goals

In a meeting of bold visions and ambitious plans, President Donald Trump joined tech billionaire Elon Musk at SpaceXs state-of-the-art facility in Boca Chica, Texas, to witness the cutting-edge Starship spacecraft. The...

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

Ram’s First Electric Pickup Delayed Again: 1500 REV Aims to Redefine EV Trucks in 2025

The highly anticipated Ram 1500 REV, a flagship in electric pickups, wont roll out until 2025. Stellantis has delayed the truck to prioritize quality, citing an ambitious workload as the company develops its...

Trump to Slash Biden's EV Push: Fuel-Efficiency Standards and Tax Credits on the Chopping Block

In a bold policy shift, President-elect Donald Trumps administration plans to dismantle Biden-era regulations promoting electric vehicles (EVs) and stringent fuel-efficiency standards, sources revealthreatening to stall...

Analyst Sounds Alarm: S&P 500 and Nasdaq Set to Dive as Sell Signals Emerge

Fairlead Strategies analyst Katie Stockton warns investors of looming declines in the SP 500 and Nasdaq-100 due to key technical sell signals. While equities face potential downturns, agricultural commodities like the...

Nvidia Drives S&P 500 Gains as AI Enthusiasm Climbs Amid Rising Russia-Ukraine Nuclear Tensions

The SP 500 edged higher Tuesday, led by Nvidias 2% climb before earnings, underscoring robust AI demand. Meanwhile, geopolitical uncertainty deepened as Russia unveiled a more aggressive nuclear policy, intensifying the...

Nasdaq's Bitcoin ETF Options Ignite Market Buzz: Is a $200K BTC Rally Closer Than Ever?

The long-awaited Bitcoin ETF Options launch on Nasdaq today has sparked fresh optimism, with analysts forecasting a $200K rally for BTC. Rising trading volumes and a bullish market sentiment are fueling anticipation of...