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Wed, Jun 26, 2024 05:27 AM All times are UTC

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FxWirePro: USD/CAD recovers more than 50 pips from low on weak crude oil price, good to buy on dips

Nov 23, 2018 10:37 am UTC| Technicals

USD/CAD has lost more than 130pips after hitting high of 1.33179 on Nov 20th2018. The slight jump in Canadian dollar was due to broad based USD selling and minor recovery in crude oil prices. The pair hits low of 1.31820...

FxWirePro: NZD/CAD on track to test 200-DMA at 0.8928, stay short

Nov 23, 2018 09:43 am UTC| Technicals Research & Analysis

NZD/CAD chart on Trading View used for analysis NZD/CAD consolidates previous sessions slump, trades largely muted at the time of writing, at 0.8986 levels. The pair is extending weakness with Gravestone Doji...

FxWirePro: DAX downside capped by psychological support at 11000, good to buy on dips

Nov 23, 2018 09:32 am UTC| Technicals

Major support - 11000 DAX is trading flat after a minor jump till 11263 from low of 11000. The index was trading weak for past 2-weeks following foot steps of Wall Street. US markets has lost more than 7% in past 10...

FxWirePro: CAD/JPY upside capped by 100 day MA, good to buy on dips

Nov 23, 2018 08:20 am UTC| Technicals

FxWirePro: CAD/JPY recovers sharply from major trend line support , jump till 86 possible Major support - 84.61-84.85 (Trend line and 200 day MA) CADJPY has shown very nice recovery from the trend line...

FxWirePro: GBP/AUD tests 23.6% Fib, bullish divergence keeps scope for further gains

Nov 23, 2018 08:00 am UTC| Technicals Research & Analysis

GBP/AUD chart on Trading View used for analysis GBP/AUD consolidates previous sessions gains, bias higher. The pair has tested 23.6% Fib retracement at 1.7770 and bullish divergence keeps scope for further...

FxWirePro: Norwegian krone trades marginally lower against euro, faces key resistance at 9.7685 mark

Nov 23, 2018 07:55 am UTC| Technicals

EUR/NOK is currently trading at 9.7380 levels. It made intraday high at 9.7443 and low at 9.7159 levels. Intraday bias remains slightly bullish for the moment. A sustained close below 9.7475 will test key...

FxWirePro: EUR/USD trades above 1.1400, markets eye Europe flash PMI data

Nov 23, 2018 07:07 am UTC| Technicals

EUR/USD has shown a minor jump of 50 pips yesterday and was consolidating as US markets shut yesterday for Thanksgiving day. Euro slight jump was mainly due to Brexit optimism. The ECB meetings doesnt have much impact as...

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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

Tesla Model 3 Lease Costs Less Than New Toyota Camry Lease

Teslas latest lease offer makes the 2024 Model 3 more affordable than the redesigned Toyota Camry. Leasing the base Model 3 Standard Range RWD costs $299 monthly, significantly lower than the Camrys lease rate, making it a...

Blast Network's June 26 Airdrop: Early Users to Get 17% Token Allocation

Blast network, an Ethereum layer-2 solution, will commence its airdrop on June 26, distributing 17% of the token supply to early users. Early Users Set to Benefit from Blasts Airdrop The Ethereum layer-2 Blast...

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...