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FxWirePro: EUR/NZD poised at critical support, looking vulnerable

Jan 05, 2022 00:02 am UTC| Technicals

EUR/NZD dipped on Tuesday as rise in commodity prices boosted the commodity-price sensitive New Zealand dollar. EUR/NZD fell 1.6600 level, Break below 1.6544 (50%fib) will give bears greater control. Technical...

FxWirePro: GBP/AUD losses momentum but outlook is bullish

Jan 04, 2022 23:12 pm UTC| Technicals

GBP/AUD dipped on Tuesday as demand for antipodean currencies increased as a surge in commodity prices lifted Australian dollar. The pair was last trading 0.08% higher at 1.8686 slightly lower from daily high at...

FxWirePro: EUR/AUD down trend on the brink of resuming

Jan 04, 2022 22:33 pm UTC| Technicals

EUR/AUD declined on Tuesday as Aussie outperformed euro as risk sentiment improved. EUR/AUD dived below the 38.2% fib and trades down to a 1.5587 low. Technical lean bearish, RSI is turning sharply lower, momentum...

FxWirePro-Major pair levels and bias summary

Jan 04, 2022 17:08 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: Daily Commodity Tracker - 4th January, 2022

Jan 04, 2022 12:37 pm UTC| Technicals

Daily Commodity...

FxWirePro: EUR/GBP erases early gains, hits fresh multi-month lows

Jan 04, 2022 12:04 pm UTC| Technicals

Chart - Courtesy Trading View EUR/GBP was trading 0.14% lower on the day at 0.8360 at around 11:50 GMT, trades at levels unseen since Feb 2020. The pair is extending bearish streak for the 5th straight week, hits...

FxWirePro: EUR/JPY extends choppy trade around 200-DMA, outlook remains bullish

Jan 04, 2022 11:36 am UTC| Technicals

Chart - Courtesy Trading View EUR/JPY was trading 0.50% higher on the day at 130.89 at around 11:00 GMT, outlook remains bullish. Data released earlier on Tuesday showed German Retail Sales expanded at a monthly 0.6%...

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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

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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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