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FxWirePro: Daily Commodity Tracker - 10th January, 2022

Jan 10, 2022 11:41 am UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP extends bearish streak for the 6th straight week, further weakness on cards

Jan 10, 2022 10:10 am UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.21% lower on the day at 0.8336 at around 09:45 GMT. After extending sideways with back-to-back Dojis and spinning tops, the pair is showing signs of downside...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(USDCAD and CADJPY)

Jan 10, 2022 09:56 am UTC| Technicals

Pair Value Recommendation USDCAD 423.15 Strong Buy CADJPY 379.33 Strong Buy CADJPY Major resistance-92 Near-term support- 90 Trend reversal level...

FxWirePro: NZD/USD Daily Outlook

Jan 10, 2022 09:36 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Neutral - NZD/USD was trading largely unchanged on the day at 0.6771 at around 09:15 GMT - The pair remains capped below 20-DMA, decisive break above required...

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

Jan 10, 2022 09:29 am UTC| Technicals

Bitcoin (BTCUSD)- BTCUSD breaks significant support $41967 low made on Dec 4th, 2021, and hits a low of $40512. The pair is trading weak for the third consecutive week. It is currently trading around $41785. Bear...

FxWirePro- USDCAD Daily outlook

Jan 10, 2022 08:33 am UTC| Technicals

Significant Support - 1.2600 USDCAD lost more than 100 pips from a high of 1.27307 on upbeat Canadian jobs data. It has added 54.7K jobs in Dec vs. the 24.5K estimate (Positive for Canadian dollar). The unemployment...

FxWirePro: US oil rangebound at 5-DMA support, rising covid cases weigh

Jan 10, 2022 08:05 am UTC| Technicals

Chart - Courtesy Trading View US oil keeps to narrow ranges on Monday, trades at $79.01 at around 07:20 GMT, with session high and low at 79.29 and 78.39 respectively. Rapidly climbing Omicron COVID-19 cases across...

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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...

Politics

What is Donald Trump's position on AI and technology in 2025?

As President Donald Trump embarks on his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives encompass...

Donald Trump's stance on climate change in 2025

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant shifts in climate policy, eliciting widespread concern from environmentalists and international...

Donald Trump’s 2025 military spending: A closer look

As President Donald Trump prepares to commence his second term in January 2025, his administration is signaling a significant shift in defense spending priorities. Proposed budget reductions have ignited a heated debate...

How Donald Trump is reshaping NATO policies in 2025?

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant changes to the United States involvement in the North Atlantic Treaty Organization (NATO). These policy shifts...

Donald Trump’s plans for the tech industry in 2025

As President Donald Trump prepares to commence his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives...

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

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...
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