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Wed, Nov 20, 2024 10:29 AM All times are UTC

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

Dec 15, 2021 12:31 pm UTC| Technicals

Pair Value Recommendation USDCAD 360.68 Strong Buy GBPCAD 357.62 Strong Buy USDCAD Major resistance-1.2900 Near-term support- 1.2780 Trend reversal...

FxWirePro- USDCAD Intraday trade idea

Dec 15, 2021 12:21 pm UTC| Technicals

Significant resistance- 1.2950 USDCAD surged sharply and traded higher for the past six days. It is holding well above the 1.2850 level on the weak Canadian dollar. The spread of the omicron virus and weak crude oil...

FxWirePro: USD/JPY holds marginal gains ahead of FOMC policy meet

Dec 15, 2021 10:52 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.06% higher on the day at 113.78 at around 10:30 GMT. The major is extending marginal gains ahead of the key FOMC policy meet, is on an uptrend for the 3rd...

FxWirePro- GBPCAD (Chart of the day)

Dec 15, 2021 09:13 am UTC| Technicals

Significant resistance- 1.710 GBPCAD recovered more than 440 pips on the weak Canadian dollar. The Canadian dollar is trading weak against the US dollar on fears of the Omicron coronavirus and policy divergence between...

FxWirePro: NZD/USD Daily Technical Outlook

Dec 15, 2021 08:50 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - NZD/USD was trading 0.09% higher on the day at 0.6747 at around 08:15 GMT - Price action is below major moving averages and 5-DMA is biased...

FxWirePro- GBPJPY Daily Outlook

Dec 15, 2021 08:45 am UTC| Technicals

Short-term resistance -151.15 Intraday support- 148.90 GBPJPY jumped above 55-4H EMA after a long consolidation. The Pound sterling surged against the US dollar on upbeat UK CPI data. The annual inflation...

FxWirePro: AUD/USD Daily Outlook

Dec 15, 2021 07:35 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: Bias Bearish - GMMA indicator shows major and minor trend are bearish - Volatility is high, but shrinking - Recovery attempts were rejected at 21-EMA - Price...

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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...