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FxWirePro- Crude oil  surges $4 as Middle East tension escalates, buy on dips 

Oct 04, 2024 11:00 am UTC| Technicals

Crude oil gained more than $4 on the escalation of Middle East conflict. It hit a high of $74.51 at the time of writing and is currently trading around $74.46. Geopolitical tension- Iran deployed a ballistic...

USDCHF trades flat ahead of US NFP data, good to buy above 0.8555-

Oct 04, 2024 10:54 am UTC| Technicals

Intraday bias remains bearish as long as resistance 0.8550 holds. It hits ahigh of 0.85420 yesterday and is currently trading around 0.85193. US dollar gained momentum after positive US ISM services PMI data....

FxWirePro-Major pair market sentiment (CCI-ADX-EMA Setup) (European Session)

Oct 04, 2024 09:17 am UTC| Technicals

Pair 4-Hour 8-hour Major resistance Major Support Trend...

FxWirePro- Major European Indices

Oct 04, 2024 09:04 am UTC| Technicals

Germany DAX - 19012 (-0.01% ) Major resistance- 20000 Near-term resistance - 19200,19600 Minor support- 18905,18715, 18577(200- 4H EMA) Trend reversal level- 17000 The pair hold below...

FxWirePro-  GBPJPY  trades weak after BOE Bailey’s dovish remarks, good to sell on rallies

Oct 04, 2024 07:42 am UTC| Technicals

GBPJPY pared most of its gains after hitting a minor top 195.18. It hits a low of 191.73 at the time of writing and is currently trading around 192.30. Overall trend remains bearish as long as resistance 196...

FxWirePro: NZD/USD neutral in the near-term, scope for downward resumption

Oct 04, 2024 06:30 am UTC| Technicals

NZD/USD held around 0.6210 level on Friday as investors assed the prospect of a significant interest rate cut by RBNZ next week. Investors anticipate that the Reserve Bank of New Zealand will reduce the cash rate by 50...

FxWirePro- Woodies Pivot Point (Major pair)

Oct 04, 2024 06:26 am UTC| Technicals

Woodies Pivot Point (Major...

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Economy

China's Military Explores Meta’s AI for Advanced Applications, Raising Security Concerns

Chinas PLA Researchers Tap Metas AI Model for Military Purposes Top Chinese research institutions, including those linked to the Peoples Liberation Army (PLA), are reportedly adapting Metas Llama AI model for...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

Sumitomo Corp Reports 11% Drop in Net Profit Amid Weak Coal Prices

Sumitomo Corps Financial Update Japanese trading house Sumitomo Corp reported a net profit of 254 billion yen (approximately $1.7 billion) for the six months ending September 2024. This figure marks an 11% decrease...

BYD Reports Strong Q3 Growth with 11.5% Profit Increase Amid EV Surge

BYDs Impressive Q3 Performance Chinese electric vehicle (EV) manufacturer BYD announced an 11.5% increase in net profit for the third quarter of 2024, fueled by strong sales and government trade-in incentives. The...

Politics

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

Science

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...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Nvidia’s $700 Million Run:ai Acquisition Triggers EU Red Flags Over Competition Concerns

Nvidias $700 million acquisition of Israeli AI firm Run:ai faces an EU regulatory review amid competition concerns in tech markets. EU regulators may require Nvidia to make concessions to secure final approval for the...

Elon Musk Fires Back at Zoox Co-Founder's Doubts Over Tesla FSD’s Robotaxi Readiness

Zoox co-founder Jesse Levinsons critique of Teslas Full Self-Driving tech sparked a pointed response from Elon Musk. Levinson questioned Teslas approach to autonomous driving safety, suggesting it isnt equipped for...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...

Bitcoin Eyes $123K as Zeberg Highlights Key Fibonacci, RSI, and MACD Signals

Bitcoins price could soon reach $123,000, predicts Henrik Zeberg, as technical indicators signal substantial upward momentum. With Bitcoin nearing critical Fibonacci and RSI thresholds, Zeberg suggests a powerful rally may...
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