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FxWirePro- BTCUSD Daily Outlook

Mar 07, 2024 12:06 pm UTC| Technicals Digital Currency

BTCUSD showed a nice recovery on the upbeat market mood. It hit a high of $67645 yesterday and is currently trading around $66826. In Mar 5th, 2024 announcement, Microstrategy planning to raise $700 million to buy...

FxWirePro- RNDRUSD (Chart of the day)

Mar 07, 2024 11:54 am UTC| Technicals Digital Currency

The Render Network Provides Near Unlimited Decentralized GPU Computing Power For Next Generation 3D Content Creation. The Render Network allows GPU owners to monetize otherwise idle GPUs by offering their compute power to...

FxWirePro- Crude Oil Daily Outlook

Mar 07, 2024 11:39 am UTC| Technicals

Crude oil- WTI crude oil pared some of its gains despite weak US dollar. The Fed Chairman indicated that the central bank is likely to cut rates this year if inflation comes below 2%. It hit a low of $78.45 and is...

FxWirePro-Silver Daily Outlook

Mar 07, 2024 10:20 am UTC| Technicals

Ichimoku analysis (4- hour chart) Tenken-Sen- $23.90 Kijun-Sen- $23.27 Silver retested its level of $23.60 and bounced sharply from the level on the weak US dollar. Dovish comments from the Fed Chairman...

FxWirePro: GBP/AUD poised at critical support, looking vulnerable

Mar 06, 2024 21:52 pm UTC| Technicals

GBP/AUD declined on Wednesday as soft US job data and Powells cautious stance on rate cuts fuelled selling in the pair. Fed Chair Powell warned that while progress in reducing inflation is possible, its not guaranteed....

FxWirePro: EUR/NZD attracts selling interest, could be on verge of a bigger drop

Mar 06, 2024 21:33 pm UTC| Technicals

EUR/NZD declined sharply on Wednesday as investors took stock of Federal Reserve Chair Jerome Powells Congressional testimony a day before the European Central Banks policy decision. The ECBs policy decision on Thursday...

FxWirePro:EUR/AUD reverses recent rally, bias back to downside

Mar 06, 2024 21:12 pm UTC| Technicals

EUR/AUD declined on Wednesday as the pair attracted sellers after soft US data and Powell comments. The Feds Powell cautioned that continued progress on lowering inflation is not assured but said rate cuts remain on...

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Economy

Oil Prices Steady Amid Global Tensions and Economic Signals from China and the U.S.

Oil Prices Hold Steady After Recent Surge Oil prices stabilized in Asian trading on Tuesday, following sharp gains as investors await economic and political signals from the U.S. and China. This shift comes after the...

Australia’s Central Bank Holds Interest Rates Steady Amid Inflation Concerns

Australias Central Bank Maintains 4.35% Interest Rate Amid Persistent Inflation RBA Holds Rates, Monitoring Inflation Risks The Reserve Bank of Australia (RBA) kept its interest rate unchanged at 4.35% in its...

Reserve Bank of Australia Holds Rates Steady Amid Inflation Concerns

RBA Holds Rates Steady, Emphasizes Inflation Concerns The Reserve Bank of Australia (RBA) left its benchmark interest rate unchanged at 4.35% on Tuesday, signaling a sustained restrictive monetary stance due to...

Nikkei 225: Bracing for Impact Amid Trump and Harris Election Fallout

The Nikkei 225 index trades flat ahead of US election. It hit a high of $38576 at the time of writing and is currently trading around 38561. If Donald Trump wins the next U.S. presidential election, it could greatly...

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 5th2024 3:30 am AUD Cash...

Politics

US Bitcoin ETF Historic Outflow Hits $541M as Election Looms, Market Braces for Impact

US Bitcoin ETFs faced a historic $541 million outflow Monday as traders pulled back ahead of the highly anticipated election, sparking volatility concerns. While Fidelity and Grayscale saw the biggest losses, BlackRocks...

Oprah Winfrey’s Dire Warning: ‘We’ll Lose the Right to Vote Without Kamala!’ Critics Call It ‘Delusional’ and ‘Fearmongering’—Is Celebrity Rhetoric Helping or Hurting?

Media mogul Oprah Winfrey made waves recently with a bold claim regarding the upcoming presidential election, stating that we will not have the opportunity to ever cast a ballot again unless Vice President Kamala Harris...

Joe Rogan Endorses Donald Trump for President—‘Only He Can Fix What’s Broken!’ Will This Maverick Move Change the 2024 Race?

Podcast host Joe Rogan has publicly endorsed former President Donald Trump for the 2024 presidential election, sparking a wave of reactions across the political and media landscape. Known for his outspoken views and...

Ben Shapiro Warns: ‘Supreme Court Could Decide the Election!’ Legal Battle Looms if Ballot Disputes Hit Swing States—Is History About to Repeat?

Political commentator Ben Shapiro has presented a scenario that places the U.S. Supreme Court at the center of a potential election showdown, suggesting that unresolved disputes over ballot counts or election...

Science

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...

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...

Technology

Bitcoin’s ‘Calm Before the Storm’ — Volatility Dips as US Election Looms

Bitcoins volatility has hit a quiet period as traders await the outcome of the US election. Bitfinex analysts describe it as a calm before the storm, with lower volatility signaling market caution and potential for...

Shiba Inu, Dogecoin, and Cardano Set for Explosive 2025 Rally as Bitcoin Dominance Nears Limit

Shiba Inu, Dogecoin, and Cardano could be on the brink of a major rally in 2025 as Bitcoin and Ethereum dominance near a potential peak. This shift in market control may pave the way for a powerful altcoin...

OpenAI Considers Shift to For-Profit Model, Engages with California Officials in Early Talks

OpenAI, led by CEO Sam Altman, is in early discussions with Californias attorney general to potentially transition into a for-profit entity. The change could attract new investors, marking a shift from OpenAIs original...

Nvidia, Facebook Urge Supreme Court to Dismiss Investor Fraud Lawsuits

Nvidia and Facebook have petitioned the U.S. Supreme Court to dismiss securities fraud class action lawsuits against them. The tech giants argue that allowing these suits to proceed could significantly alter how private...
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