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Tue, Jun 18, 2024 11:33 AM All times are UTC

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FxWirePro: USD/ZAR rejects key resistance at 13.09 mark, bias turns bearish again

Jul 27, 2017 07:50 am UTC| Technicals

USD/ZAR is currently trading around 12.90 levels. It made intraday high at 12.92 and low at 12.85 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.09 mark. A daily close...

FxWirePro: USD/CNY hits fresh 9-month low at 6.7229 mark, PBOC sets yuan mid-point at 6.7303

Jul 27, 2017 07:06 am UTC| Technicals

USD/CNY is currently trading around 6.7336 marks. It made intraday high at 6.7529 and low at 6.7229 levels. Intraday bias remains bearish for the moment. A sustained close above 6.7529 marks will test key...

FxWirePro: GBP/AUD finds major trendline support at 1.6285, weakness likely on break below

Jul 27, 2017 07:04 am UTC| Technicals

Pound little impressed with UK Q2 preliminary GDP figures which were in line with expectations, as Brexit uncertainty continues to weigh. GBP/AUD rejected at highs at 1.6528 on Wednesdays trade. The pair extending...

FxWirePro: Gold trades higher after dovish Fed statement, good to buy on dips

Jul 27, 2017 06:28 am UTC| Technicals

Gold recovered sharply after hitting an intraday low of $1243 yesterday on account of dovish Fed. The yellow metal jumped till $1265 at the time of writing and is currently trading around $1264. Fed kept its interest...

FxWirePro: USD/JPY fails at 200-DMA, dips back into daily cloud, further weakness likely on break below 110.62

Jul 27, 2017 06:09 am UTC| Technicals

USD subdued after FOMC decision overnight which was largely in line with market expectations. However lack of fresh insight on future hike rates combined with a dovish language in the statement knocked-off Treasury...

FxWirePro: USD/JPY price, volumes, and OI move in tandem, major trend likely to retrace 38.2% Fibos – Bid for One touch binary put to magnify yields

Jul 27, 2017 06:08 am UTC| Technicals

Gravestone doji and shooting star candlestick patterns have occurred at 111.875 and 111.949 levels. Ever since bearish candlestick patterns have occurred at peaks of recent rallies, bullish sentiments are totally waned...

FxWirePro: Indian rupee strengthens sharply against U.S. dollar, hovers around fresh monthly low at 64.03 mark

Jul 27, 2017 05:59 am UTC| Technicals

USD/INR is currently trading around 64.09 marks. It made intraday high at 64.25 and low at 64.07 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.25 marks. Key resistances...

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Economy

Investors have bid against each other to buy Australia’s first green bond. Here’s why that’s a great sign

You might think government debt is bad, but it actually plays a crucial role in modern finance. Back when he was treasurer, Peter Costello famously declared that April 21 2006 would be known as Australias Debt Free Day....

Meet the ‘new consumer’: How shopper behaviour is changing in a post-inflation world

After a long anticipated wait, the Bank of Canada has finally decided to cut interest rates by 25 basis points. The decision marks a departure from the series of interest rate hikes that were previously implemented to curb...

Yes, carbon capture and storage is controversial – but it’s going to be crucial

Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year. But renewables alone cant get us to net zero. Sectors such as cement,...

The UK’s nature restoration plans have some big holes – here’s how to fill them

Have you heard anything about nature as a political priority in the upcoming UK general election? We havent. And as biodiversity researchers, that troubles us. The UK is already one of the worlds most nature-depleted...

Rotting sargassum is choking the Caribbean’s white sand beaches, fueling an economic and public health crisis

The Caribbeans sandy beaches, clear turquoise water and vibrant coral reefs filled with an amazing variety of sea creatures have long been the pride of the islands. The big three sun, sea and sand have made this...

Politics

Trump's 'Huge Fan' Status of Tesla Cybertruck Fuels Growing Alliance with Elon Musk

Elon Musk, during Teslas shareholder meeting, disclosed his growing alliance with Donald Trump, emphasizing Trumps admiration for the Cybertruck. CEO Elon Musk spoke about his relationship with former President Trump...

Why spending time and money creating TikToks probably won’t pay off for Labour and Conservatives

In a few short years, TikTok has moved from being an app for teens doing dance routines in their bedroom to a key part of political campaigning. Both Labour and the Conservatives are on the app (with 191,000 and 58,000...

2024 European elections: Who are young Europeans voting for?

Over the last five European Parliament elections, young peoples participation and preferences have changed significantly in response to various socio-economic, political and cultural factors. Of course, the European Union...

EU elections: far-right parties surge, but less than had been expected

The results of the 2024 European elections have confirmed the surge of far-right parties in EU member states. However, while many recorded significant scores, the wave was not a groundswell, and the shifts vary from...

Does voting help the climate?

The worlds biggest election took place in heat so severe it claimed the lives of several poll workers. Nearly one billion people were eligible to vote in the election that returned Narendra Modi to power in India, but...

Science

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...

Ancient DNA from an extinct native duck reveals how far birds flew to make New Zealand home

Ask a bird lover if they have heard of the extinct giant moa or its ancient predator, Haasts eagle, and the answer will likely be yes. The same cant be said of New Zealands extinct, but equally unique, mergansers a group...

Technology

Former SEC Official David Hirsch Refutes Claims of Joining Memecoin Platform Pump.fun

David Hirsch, former chief crypto officer of the SEC, has denied reports of joining the memecoin platform Pump.fun, stating he has not announced his next role. Former SEC Official Refutes Claims of Joining Pump.fun as...

Ethereum (ETH) to Hit $5,000 After Major Move, Says Top Analyst

In a daring prediction that has captivated the attention of the cryptocurrency world, noted analyst Jelle has predicted that Ethereum (ETH) will achieve an all-time high of $5,000 by the end of the year. This prediction...

SHIB Sees Major Metric Drop as Price Dips Below Crucial $0.00002 Threshold

Shiba Inus burn rate has plummeted by over 62% as the SHIB price falls below the critical $0.00002 level, raising concerns among investors. Shiba Inu Burn Rate Plummets Amid Price Decline Below $0.00002 A significant...

Nintendo Switch 2 Could Get Final Fantasy XIV; Xenogears HD-2D Fan Remake Impresses in New Video

Final Fantasy XIV may eventually arrive on the Nintendo Switch 2, but the release could take years. Meanwhile, a stunning Xenogears HD-2D fan remake in Unreal Engine 5 has captivated fans. Final Fantasy XIV Producer...

U.S. House Passes DJI Drone Ban, Awaiting Senate Approval for Nationwide Sales Prohibition

The U.S. House of Representatives passed the Countering CCP Drones Act, potentially banning all DJI drone sales in the U.S. if the Senate approves the legislation, sparking significant debate over national security and...