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Tue, Jun 25, 2024 10:47 PM All times are UTC

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FxWirePro: Nikkei recovers strongly on weak yen, good to sell on rallies

Nov 26, 2018 11:47 am UTC| Technicals

Asian marketsis trading mixed especially Nikkei trading slightly lower. US markets were trading weak on Black Friday and closed more than 0.5% lower. The drag was mainly led by Energy stocks. Brent Crude lost more than 7%...

FxWirePro: S&P500 downside capped by psychological level at 2600, goo to buy on dips

Nov 26, 2018 11:40 am UTC| Technicals

SP500 is trading higher for the intraday after a huge decline in previous week The index has lost more than 100 points and made low of 2626. It is currently trading around 2660.9. The index dip was mainly led by energy due...

FxWirePro: EUR/CAD rangebound below 55-EMA, bias bearish

Nov 26, 2018 11:11 am UTC| Technicals Research & Analysis

EUR/CAD chart on Trading View used for analysis EUR/CAD is trading in a narrow range, capped below 55-EMA at 1.5020. The pair has paused 3 consecutive sessions of downside and has edged higher on the...

FxWirePro: EUR/USD trades slightly higher as yield spread reduced between Germany and Italy, good to sell on rallies

Nov 26, 2018 10:40 am UTC| Technicals

Major support - 1.1300 Euro has pared some of its losses made on Friday and jumped more than 50 pips on slight easing in Italy political problem. The Italys Deputy PM Matteo Salvini said that budget deficit will be...

FxWirePro: EUR/GBP recovery capped at 5-DMA, stay short below 200-DMA at 0.8833

Nov 26, 2018 10:19 am UTC| Technicals Research & Analysis

EUR/GBP chart on Trading View used for analysis EUR/GBP recovery capped at 5-DMA at 0.8871, bias slightly bearish. The pair is extending gains on the day gains despite weaker German Ifo data. German Ifo...

FxWirePro: DAX Daily Outlook

Nov 26, 2018 10:07 am UTC| Technicals

Major support - 11000 Ichimoku analysis (Hourly chart) Tenken-Sen - 11221 Kijun-Sen - 11217 DAX is trading higher and jumped more than 200 points from low of 11000. The index has formed a temporary top...

FxWirePro: AUD/CAD bounces off 23.6% Fib with Doji formation, close above 5-DMA could see gains till 200-DMA at 0.9651

Nov 26, 2018 09:35 am UTC| Technicals Research & Analysis

AUD/CAD chart on Trading View used for analysis AUD/CAD is trading 0.20% higher on the day at 0.9586 at the time of writing. The pair has bounced off 23.6% Fib support on Fridays trade and has edged above...

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Economy

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...

Myth: How the US manipulates global markets for economic supremacy

US president, Joe Biden, raised tariffs on Chinese-made goods sharply in May, claiming that the Chinese government has cheated by pouring money into Chinese companies … hurting competitors who play by the rules. The...

The world no longer needs fossil fuels – and the UK could lead the way in making them taboo

North Sea oil and gas has become a battleground issue in the UK general election. The Labour partys manifesto promises an end to issuing new licenses for finding oil and gas. The Conservative party meanwhile proposes a...

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

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...

Eye exercises to improve sight – is there any science behind them? An ophthalmologist explains why you shouldn’t buy the hype

You may have seen advertisements claiming to eliminate the need for eyeglasses through vision therapy or vision training basically, eye exercises. These exercises include putting pressure on or palming the eye; eye...

The universe’s biggest explosions made some of the elements we are composed of. But there’s another mystery source out there

After its birth in the Big Bang, the universe consisted mainly of hydrogen and a few helium atoms. These are the lightest elements in the periodic table. More-or-less all elements heavier than helium were produced in the...

Engineering cells to broadcast their behavior can help scientists study their inner workings

Waves are ubiquitous in nature and technology. Whether its the rise and fall of ocean tides or the swinging of a clocks pendulum, the predictable rhythms of waves create a signal that is easy to track and distinguish from...

If an asteroid hit Earth and all the humans died, would the dinosaurs come back?

Many, many years ago dinosaurs roamed the Earth. Six-year-old Aga knows that a meteorite wiped them out… but could another meteorite bring them back? You can read a print version of this story...

Technology

Shiba Inu Whale Moves Trillions of SHIB to Binance Amid Market Volatility

While the rest of the cryptocurrency market experienced tremendous volatility over the past few days, Shiba Inu experienced the same. The meme currency is currently selling at about $0.00001734, a decrease of 3.6% over...

Shiba Inu Team Hints at Major Developments: 'Future Is Bright,' Lucie Says

On behalf of the Shiba Inu team, the official marketing head, Lucie, has sent out a tweet in which she provides a hint about the development currently taking place behind the scenes. Although she did not disclose any...

VanEck Submits Form 8-A for Spot Ethereum ETF, Anticipates SEC Approval Soon

VanEck, a leading crypto asset management firm, has filed Form 8-A for its spot Ethereum ETF, moving closer to potential SEC approval and market debut. VanEcks Form 8-A Filing Advances Spot Ethereum ETF, Awaiting SECs...

German Government Sells 900 Bitcoin, Could Trigger Price Drop Below $60,000

The German governments sale of 900 Bitcoin, worth over $54 million, could drive Bitcoin prices below the critical $60,000 mark, as substantial selling pressure looms. German Government Sells $54 Million in Bitcoin,...

11,000 Tesla Cybertrucks Recalled Again Over Safety Concerns with Trim and Wipers

Tesla is recalling 11,000 Cybertrucks for the fourth time, focusing on issues with loose trim and malfunctioning windshield wipers. 11,000 Cybertrucks Affected For the fourth time in the United States, Tesla is...