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GBPJPY Intra day trade idea (Asian session update)

Aug 29, 2024 03:26 am UTC| Technicals

GBPJPY has been under consolidation for the past two days with intraday bias neutral. It hit a low of 190.25 and is currently trading around 190.83. The Japanese yen showed a minor weakness ahead of US GDP. BOJ...

FxWirePro: EUR/NZD heads deeper into bear territory,good to sell on rally

Aug 28, 2024 20:32 pm UTC| Technicals

EUR/NZD dropped sharply on Wednesday as the euro faced selling pressure ahead of the Eurozones August inflation data later in the week. A crucial inflation report for the Eurozone is due on Friday, and investors will be...

FxWirePro : GBP/NZD threatens 38.2% fib after fall below 2.1200 handle

Aug 28, 2024 19:58 pm UTC| Technicals

GBP/NZD dipped on Wednesday as sterling retraced some of its earlier gains against the kiwi dollar. The pound slipped 0.37% to 2.1127, having climbed to its strongest level since August 26th high at 2.1269 on...

FxWirePro:GBP/AUD downside pressure builds, key support level in focus

Aug 28, 2024 18:32 pm UTC| Technicals

GBP/AUD declined on Wednesday as stronger than expected Australian CPI data gave support to Australian dollar. On Wednesday, data from the Australian Bureau of Statistics revealed that the Consumer Price Index (CPI)...

FxWirePro:EUR/AUD extends drop, faces 38.2 %fib support

Aug 28, 2024 18:03 pm UTC| Technicals

EUR/AUD declined on Wednesday as the Australian dollar gained strength against the euro following data that showed a slight increase in the Australian CPI for July. Data from the Australian Bureau of Statistics on...

FxWirePro: USD/ CAD rebounds from 5-month low ,outlook bullish

Aug 28, 2024 16:56 pm UTC| Technicals

USD/CAD strengthened on Wednesday as dollar rebounded ahead of the release of key economic data . Traders will be focused on upcoming U.S. inflation data to help determine the Feds policy trajectory and the direction...

FxWirePro: EUR/USD drifts lower, as dollar finds broad support

Aug 28, 2024 16:10 pm UTC| Technicals

EUR/USD declined on Wednesdays as stronger dollar and uncertainty ahead key economic data from Eurozone and US weighed on euro. Investors await the release of euro zone August inflation data later in the week, which...

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Economy

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

With Election Day only days away, Donald Trump intensifies his campaign to woo crypto advocates, announcing a sweeping Bitcoin agenda that promises to keep BTC mining stateside and challenges claims from Kamala Harris....

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

Science

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...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Nvidia Boots Intel from Dow Jones as AI-Driven Growth Redefines the Chip Industry Giants

Nvidia will replace Intel in the Dow Jones Industrial Average on Nov. 8, a move highlighting AIs reshaping of the chip industry. With Nvidias market cap surging amid record AI chip sales, Intels historical dominance in...

$7.94 Billion Toncoin Whale Wave: Massive 24-Hour Transactions Leave Rivals Behind

Toncoin whales are making waves with a staggering $7.94 billion transacted in just one day, a 90% spike that defies the recent slump seen in Ethereums volume. This whale-driven surge underscores Toncoins rising influence...

Shiba Inu Lead Kusama Drops ‘Growvember’ Tease — What’s Brewing for SHIB Fans?

In a mysterious Growvember post, Shiba Inus lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards. The SHIB community is on high alert as...

Chinese Military AI Uses Meta’s Llama Model in Bold Move for Intelligence Gathering

In a provocative development, Chinese military-linked researchers have reportedly adapted Metas Llama AI model into a tool for intelligence gathering. This AI, named ChatBIT, uses the open-source model to analyze sensitive...
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