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Wed, Nov 20, 2024 08:51 AM All times are UTC

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(EURPJPY and CHFJPY )

Dec 27, 2021 11:42 am UTC| Technicals

Pair Value Recommendation EURJPY 403.19 Strong Buy CHFJPY 417.72 Strong Buy EURJPY Major resistance-130.50 Near-term support- 128.75 Trend reversal...

FxWirePro: EUR/JPY Daily Technical Outlook

Dec 27, 2021 11:29 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bullish - EUR/JPY has resumed upside after a brief pause in the previous session - The pair was trading 0.28% higher on the day at 129.74 at 11:25 GMT -...

FxWirePro: AUD/USD slips lower from session highs, downbeat China's industrial profit growth weighs

Dec 27, 2021 11:06 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.10% lower on the day at 0.7215 at around 10:50 GMT. The pair has slipped lower from session highs at 0.7242 as the antipodeans remain under pressure. Rising...

FxWirePro- GBPJPY Daily Outlook

Dec 27, 2021 10:04 am UTC| Technicals

Short-term resistance -154.75 Intraday Support- 152.80 GBPJPY continues to trade higher for a third consecutive week on the strong Pound sterling. GBP recovered sharply against USD on easing Corona concerns and...

FxWirePro-BTCUSD Yearly Outlook

Dec 27, 2021 08:52 am UTC| Technicals Digital Currency

Key Highlights BTCUSD Hit an all-time high at $69000 in Nov and showed a massive sell-off. It is holding above 55-W EMA and hovering around $50000. BTCUSD was one of its best performers this year and...

FxWirePro- Gold Yearly Outlook

Dec 27, 2021 08:06 am UTC| Technicals

Gold was one of the worst performers from the second quarter of 2021 on a strong US dollar. The hopes of a Fed rate hike and easing coronavirus concerns have dragged the yellow metal prices. It hits a yearly low of $1675...

FxWirePro: USD/JPY holds marginal gains in the European session, rising covid cases keep dollar bid

Dec 27, 2021 05:23 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.09% higher on the day at 114.43 at around 05:15 GMT, outlook is bullish for the day. As the highly transmissible variant is causing COVID-19 case numbers to surge...

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Economy

FxWirePro- Major economic events for the day

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

Anticipation of Inflation Trends: What Today’s CPI Data Means for the Market

The U.S. Consumer Price Index (CPI) data is set to be released today, and its an important indicator for understanding inflation trends and potential changes in the Federal Reserves monetary policy. Analysts expect the...

How will Donald Trump’s presidency affect the stock market in 2025?

As President Donald Trump embarks on his second term in 2025, his administrations economic policies are significantly influencing the stock market, eliciting both optimism and caution among investors. Market Performance...

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...

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

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

$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...

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...

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...

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...