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Wed, Nov 20, 2024 10:30 AM All times are UTC

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

Dec 20, 2021 13:31 pm UTC| Technicals

Pair Value Recommendation CADJPY -374.93 Strong Sell EURAUD 360.839 Strong Sell CADJPY Major resistance-88.35 Near-term support- 87.70 Trend reversal...

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

Dec 20, 2021 12:56 pm UTC| Technicals Digital Currency

Bitcoin (BTCUSD)- BTCUSD has closed below 200- day MA for the third consecutive day. The pair is trading neutral with bearish bias and consolidation happening in past one week between $50800 and $45784. It hits an...

FxWirePro- USDCAD Intraday trade idea

Dec 20, 2021 09:35 am UTC| Technicals

Significant resistance- 1.2950 USDCAD has shown a massive pullback of more than 150 pips after hawkish US Fed policy. The policy divergence between the US Fed and Bank of Canada is supporting pair at lower levels. The...

FxWirePro- GBPJPY Daily Outlook

Dec 20, 2021 09:30 am UTC| Technicals

Short-term resistance -150.75 Intraday support- 150.80 GBPJPY lost more than 250 pips on the weak pound sterling. GBPUSD showed a minor pullback to 1.3370 after a rate hike by the Bank of England. The...

FxWirePro- Gold Weekly Chart

Dec 20, 2021 05:31 am UTC| Technicals

Ichimoku analysis (Weekly chart) Tenken-Sen- $1815.27 Kijun-Sen- $1778.45 Gold lost more than $10 from a high of $1814 on the hawkish central bank. US central bank has kept its rate unchanged and...

FxWirePro:GBP/AUD uptrend looks tired, but continues to hold

Dec 18, 2021 01:55 am UTC| Technicals

GBP/AUD retreated on Friday from highs as the pair ran into key resistance after ticking up from 1.8528. GBP has been consolidating against AUD on surprising BoE rate hike and robust UK economic data. GBP/AUD...

FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption

Dec 18, 2021 00:06 am UTC| Technicals

EUR/AUD initially gained on Friday but gave up ground as Fed-ECB policy divergence and rising Omicron fears allowed investors to unwind long positions . Traders are comparing changing interest rates across currencies...

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Economy

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

The UK. 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 BOE monetary policy. Headline CPI: Expected to rise...

FxWirePro- US Jobless Claims Preview

In the week ending November 9, 2024, initial jobless claims in the U.S. fell to 217,000, down from 221,000 the week before. This is the lowest number of claims since May and is much lower than the expected increase to...

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...

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...