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Sat, Sep 21, 2024 03:19 AM All times are UTC

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FxWirePro: EUR/CAD pops up with shooting star to indicate weakness, major trend oscillates in rising channel – Tunnel spreads for leveraged speculation

Sep 11, 2017 11:38 am UTC| Technicals

Shooting star has occurred at 1.4981 levels, the bearish pattern evidences slump below DMAs, the demand and supply zone at 1.4988 levels is seen several times in the recent past. We foresee more weakness upon bearish...

FxWirePro: USD/CHF Trade Idea

Sep 11, 2017 11:37 am UTC| Technicals

USD/CHF has once again shown a good recovery after a false break out below 0.94274 Aug 29th low. The pair jumped above 0.9500 and is currently trading around 0.94935. The decline from 1.0340 will come to an end only...

FxWirePro: EUR/USD downside capped by 20- 4H MA, good to buy on dips

Sep 11, 2017 11:19 am UTC| Technicals

EUR/USD has shown a major sell off after hitting 33- month high of 1.20922 on Aug 8th 2017. The pair declined till 1.19932 and is currently trading around 1.20117. The pair has taken support near 20 -4H MA and jumped...

FxWirePro: EUR/GBP trades narrow range below 5-DMA, eyes 50-DMA at 0.9026, stay short

Sep 11, 2017 11:00 am UTC| Technicals

EUR/GBP is trading an extremely narrow range and minor recovery attempts on the day capped below 5-DMA. The pair failed to retake 20-DMA in previous weeks trade, has slipped below 0.91 handle. Technical studies...

FxWirePro: EUR/AUD struggles at 50-DMA (1.4864), good to go short on close below

Sep 11, 2017 10:15 am UTC| Technicals

EUR/AUD capped between 20 and 50 day moving averages, bias bearish. The pair is trading a rising wedge formation and is extending decline after Shooting Star formation at highs. Technical studies are bearish,...

GBP/USD faces strong resistance at 20- M MA, market eyes UK CPI and BOE meeting this week

Sep 11, 2017 09:29 am UTC| Technicals

Cable is jumping up for the fourth consecutive days and breaks 1.3200 level. The pair jumped till 1.32231 and is currently trading around 1.31833. This week is very important for UK pound and major data releases such...

FxWirePro: NZD/JPY holds major trendline support, scope for upside on bullish divergence

Sep 11, 2017 09:01 am UTC| Technicals

NZD/JPY holds major trendline support, edges higher to break above 5-DMA at 78.7558. Bullish divergence noted on RSI and Stochs raises scope for upside in the pair. 20-DMA at 79.20 is immediate resistance on the...

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Economy

Asian Markets Extend Rally as Yen Strengthens with Bank of Japan Holding Steady

Asian markets climbed higher on September 20, following the U.S. interest rate cut, while the yen strengthened after the Bank of Japan upheld its monetary policy. The MSCI Asia-Pacific index rose 0.6%, driven by Wall...

China’s Budget Spending Falls as Land Sale Revenue Plummets, Raising Economic Concerns

Chinas budget spending has shrunk at an accelerated pace, driven by a steep decline in land sale revenues. With local governments reporting a 41.8% drop in income from land sales last month, concerns are rising about the...

Clean Energy Sector Added 150,000 Jobs in 2023, Boosted by the Inflation Reduction Act

The clean energy industry added nearly 150,000 new jobs in 2023, driven by the Inflation Reduction Act, according to a report by E2. Southern states led this growth, accounting for 36% of the new positions as the renewable...

China Expected to Lower Policy and Lending Rates After U.S. Interest Rate Cut

A Reuters poll suggests that China will likely lower its central policy and lending rates on September 20, following the U.S. Federal Reserves significant interest rate cut. This anticipated move aims to stimulate Chinas...

미국 은행주 상승, 대규모 금리 인하로 채무 불이행 위험 및 비용 우려 완화

연방준비제도(Fed)가 50bp(베이시스 포인트) 금리 인하를 단행한 다음 날인 목요일, 미국 은행주의 주가가 프리마켓 거래에서 상승했다. 이번 금리 인하는 예금 비용을 줄이고 차입자들에 대한 압박을 완화할 것으로 기대된다. 올해...

Politics

Mitch McConnell 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, Senate Minority Leader Mitch McConnell remains a pivotal figure in American politics, continuing to exert significant influence over the Republican Partys direction. With decades of experience in the...

Chuck Schumer 2024: Age, Family, Net Worth, and Political Career Analyzed

Senate Majority Leader Chuck Schumer remains a dominant force in U.S. politics as 2024 approaches, with his leadership shaping key legislative battles and party strategy. With a long tenure in public service, Schumer is a...

Hakeem Jeffries 2024: Age, Family, Net Worth, and Political Career Explored

As 2024 approaches, all eyes are on Hakeem Jeffries, a rising figure in the Democratic Party and a potential key player in the political landscape. With his increasing prominence, Jeffries has garnered significant...

Did Melania Trump Cheat on Donald Trump?

Rumors of infidelity have long been a staple in the world of high-profile marriages, and the latest speculation surrounding former First Lady Melania Trump is no exception. Whispers of an alleged affair between Melania and...

Media Analysis Reveals 95% Negative Coverage of Trump by ABC, CBS, and NBC After Alleged Second Assassination Attempt

A recent analysis by the Media Research Center (MRC) has raised concerns about media bias, revealing that 95% of news coverage by ABC, CBS, and NBC regarding former President Donald Trump was negative following an alleged...

Science

Starlink Aviation Expands to 2,500 Aircraft After United Airlines Partnership

SpaceXs Starlink Aviation service is expanding rapidly, with 2,500 aircraft now under contract after a recent agreement with United Airlines. This marks a significant milestone in in-flight connectivity, as Starlink...

SpaceX's Polaris Dawn Crew Achieves Historic Spacewalk and Advances Commercial Space Exploration

SpaceXs Polaris Dawn mission accomplished several milestones during its five-day journey, including the most remote spacewalk in history. Crew members conducted 36 groundbreaking experiments, advancing knowledge in space...

SpaceX's Polaris Dawn Crew Returns After Groundbreaking Mission, Advancing Elon Musk's Mars Ambitions

The Polaris Dawn crew returned safely to Earth after a groundbreaking five-day mission, advancing SpaceXs long-term goal of Mars colonization. Led by billionaire Jared Isaacman, the mission featured the first commercial...

SpaceX's Polaris Dawn Mission Achieves Historic Milestones Despite Lack of White House Recognition

SpaceXs Polaris Dawn mission has captivated global audiences with its historic milestones, including the first commercial spacewalk and record-breaking achievements. However, despite its groundbreaking success, the mission...

화산으로 전기 생산 가능할까?

활화산에서 뿜어져 나오는 붉은 용암을 전기로 전환하는 것은 위험하고 신뢰성이 떨어진다. 화산은 예측 가능한 일정으로 분출하지 않으며, 용암은 너무 빨리 식는다. 그러나 미국을 포함한 여러 국가는 화산열을 활용해 전기를 생산하는...

Technology

Elon Musk Accused of Disabling Cybertruck Used in Ukraine-Russia War by Chechen Leader

Ramzan Kadyrov, the Chechen leader, alleges that Elon Musk remotely disabled his Tesla Cybertruck during its use in the Ukraine-Russia war, adding another twist to the ongoing controversy surrounding the vehicles presence...

BlackRock Bitcoin ETF Options Debut on Nasdaq After SEC Approval, Ushering in New Trading Era

The SEC has approved options trading for BlackRocks iShares Bitcoin ETF on the Nasdaq, marking the first spot Bitcoin ETF with options in the U.S., potentially transforming Bitcoin risk management for institutional...

Shiba Inu Whale Transactions Jump 115%, SHIB Price Nears Crucial $0.000016 Level

Shiba Inu witnessed a 115% rise in whale activity, pushing its price to $0.0000145. The surge signals strong investor confidence as SHIB approaches a critical resistance level. Every day brings a new twist to the Shiba...

Bitcoin Rumor Ignites: Michael Saylor of MicroStrategy Hints US Banks to Custody Bitcoin

Michael Saylor, CEO of MicroStrategy, has stirred the crypto world by revealing credible rumors that major US banks may soon provide Bitcoin custody services, potentially revolutionizing the intersection of traditional...

BNY Mellon Granted SEC Waiver, Paving the Way for Institutional Crypto Custody Services

BNY Mellon has reportedly obtained an exemption from the SECs SAB 121, allowing the bank to move forward with its institutional crypto custody business. The move underscores growing institutional interest in digital...