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

Jan 21, 2022 06:23 am UTC| Technicals

Chart - Courtesy Trading View NZD/USD was trading 0.34% lower on the day at 0.6731, extends previous sessions weakness. The pair has slipped below 200-week MA and decisive close below will open downside. The...

FxWirePro- Gold Daily Outlook

Jan 21, 2022 06:18 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1841.99 Kijun-Sen- $1826.90 Gold has halted its bullish trend despite declining US treasury yields. The US 10-year yield lost more than 7% from a two-year high...

FxWirePro: AUD/USD tests trendline support at 0.7180, outlook bearish

Jan 21, 2022 05:48 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.48% lower on the day at 0.7188 at around 05:10 GMT. The pair has snapped two straight sessions of gains and has slipped lower amid risk-off mood across...

FxWirePro: EUR/NZD eyes fibo resistance after rallying off from 1.6725

Jan 21, 2022 00:07 am UTC| Technicals

EUR/NZD strengthened on Thursday as prospect of slower economic growth due to the spreading Omicron coronavirus variant in New Zealand weighed on kiwi dollar . The pair is currently approaching resistance at23.6% %fib....

FxWirePro:GBP/NZD range to extend until there is game changing news

Jan 20, 2022 23:45 pm UTC| Technicals

GBP/NZD gained on Thursday as expectation Bank of England will raise interest rate soon boosted sterling across the board . Market currently price in more than 100 basis points (bps) in interest rate rises in 2022 and...

FxWirePro: GBP/AUD heads deeper into bear territory, bears plotting path toward 1.8700

Jan 20, 2022 18:34 pm UTC| Technicals

GBP/AUD declined on Thursday as Australian dollar was supported by strong domestic jobs data and iron ore gains. Data from the Australian Bureau of Statistics showed Thursday that employment rose 64,800 in December,...

FxWirePro:EUR/AUD dips below lower range, bearish bias increases

Jan 20, 2022 17:27 pm UTC| Technicals

EUR/AUD declined on Thursday as higher commodity prices and strong Australian jobs data boosted Australian dollar Australian employment raced ahead in December as the jobless rate fell to its lowest point since...

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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

Donald Trump’s healthcare policies in 2025: What’s changing?

As President Donald Trump prepares to assume office in January 2025, his administration is poised to implement significant changes to the nations healthcare system. These proposed reforms aim to modify existing policies,...

Marjorie Taylor Greene's Explosive Claim: 'Democrats Are the Party of Child Sex Trafficking' Sparks Outrage

In a recent congressional hearing addressing the border crisis, Representative Marjorie Taylor Greene (R-Ga.) made a provocative assertion, labeling the Democratic Party as the party of child sex trafficking. This...

Trump's 'Massive Deportation Camps' Plan Sparks Outrage: 'A National Emergency' Looms

In a move that has ignited widespread controversy, former President Donald Trump and his team are reportedly planning to establish large-scale deportation camps managed by the Department of Homeland Security (DHS). This...

$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...

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

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...

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...