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FxWirePro: EUR/GBP breaks above 61.8% Fib, eyes 0.90 handle, stay long

Dec 04, 2018 07:13 am UTC| Technicals Research & Analysis

EUR/GBP chart on Trading View used for analysis EUR/GPB is extending break above major trendline resistance at 0.89 level. The pair is trading 0.20% higher on the day at 0.8938 at the time of...

FxWirePro: GBP/JPY breaks trend line support at 144.15, decline till 143 likely

Dec 04, 2018 07:10 am UTC| Technicals

Major resistance - 146 Major support - 144.15 (Trend line support) GBPJPY has broken trend support 144.15 after long consolidation for past ten trading session. The Japanese yen is trading strong against all...

FxWirePro: EURUSD recovers sharply as spread between Italy and German yield reduces, good to buy on dips

Dec 04, 2018 06:57 am UTC| Technicals

EUR/USD has recovered sharply after a minor weakness till 1.3193.The pair jumped 1.13880 at the time of writing on account of minor weakness in US 10-year bond yield and declining spread difference between German and Italy...

FxWirePro: USD/ZAR hovers around key support at 13.65 mark, South Africa’s GDP data in focus

Dec 04, 2018 06:57 am UTC| Technicals

USD/ZAR is currently trading around 13.62 levels. It made intraday high at 13.69 and low at 13.60 levels. Intraday bias remains bearish for the moment. A daily close above 13.65 will take the parity...

FxWirePro: EUR/AUD Chartpack – Technicals and Derivatives Trade Setup

Dec 04, 2018 06:37 am UTC| Technicals

From last two days,EURAUDbulls attempt to counter gap down formation, upswing seems unlikely to prolong as both leading and lagging indicators are not in conformity to the prevailing bullish rallies (refer monthly...

FxWirePro: USD/INR trades in narrow range, stabilizes back above 70.00 mark

Dec 04, 2018 06:22 am UTC| Technicals

USD/INR is currently trading around 70.31 marks. It made intraday high at 70.47 and low at 70.27 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 70.47, 70.80, 71.05, 71.40,...

FxWirePro: Gold jumps more than $15 on declining US 10-year yield, good to buy on dips

Dec 04, 2018 06:13 am UTC| Technicals

Gold trades higher for second consecutive day.and jumped more than $15 from low of $1221.50 made yesterday on account of easing bond yield and minor weakness in US dollar.It is currently trading around $1236.88. The...

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Economy

For the next prime minister to solve the UK’s productivity problem, they must attract more foreign investment – here’s how

The British economy has a serious productivity problem that will have to be addressed by the next government. According to data from the OECD (the Organisation for Economic Co-operation and Development), productivity...

Brexit boredom is one thing – but there’s a real problem when Britain’s leaders won’t even talk about Europe anymore

British politics has, in recent years, been plagued by two competing forces when it comes to Europe. On one side, there is an understanding that the UK and the EU need to rub along, because of their proximity and...

Space arms race may be underway

As conflict rages on Earth, an arms race may be underway in outer space. On May 30, a US diplomat warned that Russia had launched a weapon into orbit, something Russias deputy foreign minister, Sergey Ryabkov, branded as...

Mauritius’ next growth phase: a new plan is needed as the tax haven era fades

Mauritians will head to the polls by November 2024 and politicians are considering the economic direction of the island country. For the last two decades, the countrys economic growth has depended heavily on its...

Canadians are feeling increasingly powerless amid economic struggles and rising inequality

If you feel like youre being pushed around in life, youre not alone. Our recent research has found that Canadians are increasingly feeling a sense of powerlessness in their lives. This sentiment has been steadily...

Politics

Microsoft-G42 Deal Forces Huawei Exit, White House Hails Move

The White House praised Microsofts $1.5 billion investment in G42, emphasizing the positive impact of ending relations with Huawei on AI security. White House Sees Positive Shift in UAE Tech Alliances According to...

Three ways politicians always promise to raise money without increasing taxes – and why they rarely deliver

After weeks of controversy over Labour and Conservative costings in which each side accused the other of dishonesty the manifestos show that both parties had wildly exaggerated their rivals plans. But there has been...

Election 2024: migrants aren’t to blame for Britain’s housing crisis

Migration has become the most toxic issue in British politics, driving intensely emotional debates that are often based on prejudice and misunderstanding. Similarly emotional is housing a finite resource in high demand at...

How Vladimir Putin projects his image as a modern-day Peter the Great

Russian energy giant Gazprom is reported to have been hit particularly hard by sanctions imposed as a result of the war with Ukraine. An internal report obtained and published by the Financial Times has forecast that the...

Another election, another round of Nigel Farage hype, with no lessons learned

Nigel Farage, a man who has never been elected to the House of Commons despite years of trying, has again been allowed to set the agenda in the UK. Ten years after Ukip won the European parliament elections, throwing...

Science

SpaceX to Help NASA Deorbit ISS; Starlink Lands Major Comcast Business Partnership

SpaceX will develop the U.S. Deorbit Vehicle so that NASA can safely deorbit the ISS by 2030. Meanwhile, SpaceX Starlink secures a significant partnership with Comcast Business to enhance rural connectivity. NASA Taps...

Japan Discovers 230 Million Ton Manganese Deposits, Boosting EV Battery Industry

Japan has discovered 230 million tonnes of manganese deposits near Minami-Torishima Island, potentially transforming its EV battery industry by significantly reducing reliance on imports and providing enough cobalt and...

Keeping astronauts healthy in space isn’t easy − new training programs will prepare students to perform medicine while thousands of miles away from Earth

In the coming decade, more people will go to space than ever before as human spaceflight enters a new era. NASA, the European Space Agency and other governmental agencies are partnering to develop crewed missions beyond...

Nations realise they need to take risks or lose the race to the Moon

The Nasa-led Artemis-3 mission will place the first human boots on the surface of the Moon since Apollo 17s Gene Cernan and Harrison Schmitt left the lunar surface in December 1972. The goal of the Artemis programme is...

Some of Earth’s most ancient lifeforms can live on hydrogen – and we can learn from their chemical powers

Three-quarters of all matter in the universe is made up of hydrogen. The young Earth was also rich in hydrogen, thanks to fierce geological and volcanic activity. Just as stars burn hydrogen to produce heat and light...

Technology

Bitcoin Rises During Trump-Biden Debate as Donald Trump Gains in Prediction Markets

During the June 27 presidential debate, Bitcoins price surged by 1.1% as Donald Trump extended his lead over Joe Biden in prediction markets, highlighting the cryptocurrencys sensitivity to political events. Bitcoin...

Quantify Chaos Files ETF to Combine Bitcoin and Gold for Unique Investment Strategy

Quantify Chaos has filed for a groundbreaking ETF that combines Bitcoin and Gold, leveraging futures and ETFs for a unique investment strategy aimed at long-term capital appreciation, according to the latest SEC...

Bitcoin 'Wholecoiners' Exceed 1 Million for 13 Months Despite Market Volatility

According to Glassnode data, for 13 consecutive months, the number of Bitcoin addresses holding one or more BTC has surpassed 1 million, demonstrating remarkable resilience amid market volatility. Bitcoin Wholecoiners...

Crypto Deep Fake Scams to Exceed $25B in 2024, Warns Bitget Research

According to Bitget Research, crypto losses due to deep fake scams are predicted to surpass $25 billion in 2024. This alarming increase highlights the growing threat of deep fake technology in cryptocurrency. Deep Fake...

Ethereum Eyes $4,000: Bullish Chart Patterns Suggest Major Breakout Potential

Ethereums price has declined 4.6% over the past week, now trading at $3,382. With bullish chart patterns forming, analysts predict a potential breakout to $4,000 if key resistance levels are breached. Ethereums Price...