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Sun, May 19, 2024 07:19 AM All times are UTC

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FxWirePro: EUR/JPY on track to test 124 levels, major resistance at 124.60

May 20, 2016 10:57 am UTC| Technicals

EUR/JPY recovers previous days losses to hit fresh daily highs at 123.86. Techs on daily charts support upside, pair has broken above 510-DMAs at 123.47/54 respectively. Test of 124 levels likely. Major...

BTC/USD faces strong support at $435, break below targets $400

May 20, 2016 09:40 am UTC| Technicals

Major resistance -$470 (Apr 26th 2016) Major support - $435 BTC/USD has once again slightly recovered after making a low of $435. It is currently trading around $442. The pair should break below $435 for...

EUR/USD faces strong resistance at 1.12350, break above targets 1.1325

May 20, 2016 08:23 am UTC| Technicals

Minor Trend Line resistance- 1.12200 (Trend line joining 1.13484 and 1.12924) Major intraday resistance 1.12350 (55 day HMA) EUR/USD ahs broken minor trend Line resistance 1.12200 and jumped till 1.12276. It is...

FX Hedging Strategy Series

FxWirePro: EUR/CAD constrained bulls at resistance of 1.4738 drift into sideways -

May 20, 2016 07:47 am UTC| Technicals

The pair has immediate support resistance at 7DMA and at 1.4738 levels respectively. 7DMA acting as pivot point after long legged doji, current price behaviour drifts into sideways. From 3-4 days, selling momentum...

FxWirePro: Gold almost flat above $1250, intraday bias remains neutral

May 20, 2016 07:41 am UTC| Technicals

XAU/USD is currently trading around $1254 mark. It made intraday high at $1259 and low at $1252 levels. Intraday bias remains bullish for the moment. A daily close above $1262 will take the parity up towards...

FxWirePro: US Oil faces resistance at 161.8% extension, good to sell on rallies

May 20, 2016 07:35 am UTC| Technicals

Major resistance - $49.35 (161.8% retracement of 46.79 and 42.90) Major support - $46.70 (10 day MA) US oil has gained drastically after making a low of 46.72 yesterday. The commodity has broken $48.91 (18 the...

FxWirePro: GBP/JPY forms Bearish Bat pattern, good to sell on rallies

May 20, 2016 06:24 am UTC| Technicals

Harmonic Pattern Formed- Bearish Bat pattern Potential Reversal Zone (PPRZ) 162.80 GBP/JPY has completed Bearish Bat Pattern at 161.80 and slightly declined from that level. It is currently trading around...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

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Gas is good until 2050 and beyond, under Albanese gas strategy

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South Africa’s plan to move away from coal: 8 steps to make it succeed

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Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

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US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

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Germany lowers voting age to 16 for the European elections

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South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

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What early 2024 polls are revealing about voters of color and the GOP

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Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

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IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

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The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

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Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

Technology

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

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Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

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Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

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Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

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CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

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