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Fri, Nov 08, 2024 01:53 AM All times are UTC

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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURAUD and EURJPY) for the day)

May 19, 2023 09:33 am UTC| Technicals

Pair Value Recommendation EURAUD -399.29 Strong Sell EURJPY -339.07 Strong Sell EURAUD Major resistance- 1.6250 Near-term support- 1.6200 Trend reversal...

FxWirePro- EURUSD Daily Outlook

May 19, 2023 08:49 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.08045 Kijun-Sen- 1.08323 EURUSD traded weak for a second consecutive week and lost more than 250 pips on board-based US dollar buying. US debt ceiling...

FxWirePro- GBPJPY Daily Outlook

May 19, 2023 06:09 am UTC| Technicals

GBPJPY halted its four days of bullish trend due to profit booking. It hits a high of 172.15 yesterday and is currently trading around 171.49. GBPUSD- Trend- Bearish The pound sterling trades below 1.2400 on...

FxWirePro- Gold Daily Outlook

May 19, 2023 04:54 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1969.05 Kijun-Sen- $1987.10 Gold prices were one of the worst performers this week and lost more than $50 on strong US dollar.US debt ceiling optimism and...

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

May 19, 2023 01:04 am UTC| Technicals

GBP/NZD dipped on Thursday as softening labour market and stagnating economy kept bearish pressure on pound. Data on Tuesday showed Britains jobless rate rose to 3.9% in the three months to March, while basic pay...

FxWirePro:EUR/NZD under pressure , knocking on door of key support

May 18, 2023 19:06 pm UTC| Technicals

EUR/NZD declined on Thursday as investors weighed the risks of further monetary policy tightening by the European Central Bank (ECB) and of a U.S. recession. A close below support at 23.6%fib will give further...

FxWirePro: EUR/AUD neutral in the near-term, scope for downward resumption

May 18, 2023 16:23 pm UTC| Technicals

EUR/AUD initially gained on Thursday but gave up ground after finding resistance 1.6361(23.6%fib). A inverted hammer candle so far Thursday bodes well for short plays. From a technical viewpoint, RSI is flat at 48,...

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Economy

South Korea to Monitor Financial Markets Amid Growing Volatility

South Korea Expands Market Monitoring to Address Volatility South Koreas Finance Minister, Choi Sang-mok, announced on Friday that the government is prepared to respond swiftly to any excessive volatility in the...

Japan's Currency Intervention: A Strategic Response to Yen Volatility

Japans Currency Intervention Efforts In July 2024, Japans Ministry of Finance (MOF) reported significant currency interventions to address the volatility of the yen. On July 11, Japan spent 3.168 trillion yen ($20.69...

U.S. Judge Dismisses Fraud Claims Against Rio Tinto and Ex-CEO Over Oyu Tolgoi Mine Delays

Overview of Lawsuit Dismissal A U.S. District Judge, Lewis Liman, dismissed some claims in a lawsuit accusing Rio Tinto and its former CEO, Jean-Sebastien Jacques, of defrauding investors. The case relates to delays and...

UK Labor Market Shows Signs of Cooling Amid Weak Wage Growth and Tax Increases

UK Labor Market Slows Amid Weakest Wage Growth Since 2021 The UKs labor market showed further signs of cooling in October, with the weakest wage growth since early 2021, according to a survey by the Recruitment and...

U.S. Stock Futures Stabilize as Markets Digest Fed’s Rate Cut and Trump’s Election Victory

U.S. Stock Futures Stabilize After Record Highs on Wall Street U.S. stock index futures stabilized on Thursday evening following another day of record highs on Wall Street, as markets digested the Federal Reserves...

Politics

Italy’s Minister Open to Revising 42% Crypto Tax Amid Lawmaker Concerns

Italys proposed tax hike on cryptocurrency gains to 42% may face adjustments as the countrys economy minister considers alternate options amid pushback from lawmakers. The Treasurys plan aims to increase revenue but has...

Trump’s Shocking Election Victory Stalls Gaza Cease-Fire Efforts – ‘Why Would Netanyahu Give Biden Anything Now?’ Insiders Say

Former President Donald J. Trumps recent election victory has cast a long shadow over delicate negotiations for a cease-fire in Gaza, throwing the already fraught peace efforts into deeper uncertainty. Analysts and Middle...

Pelosi and Brazile’s Explosive Argument at Harris Concession Speech – ‘They Know They’re All Trapped!’ Insider Reveals

The tension was palpable at Vice President Kamala Harriss concession speech in Washington, D.C., as former House Speaker Nancy Pelosi and Democratic strategist Donna Brazile were reportedly seen locked in a heated...

Putin Declares 'Death of New World Order,' Backs Trump’s Foreign Policy in Stunning Statement

Just days after the U.S. election, Russian President Vladimir Putin made a provocative declaration: the New World Order is dead. His statement, delivered on Russian state media, came shortly after Elon Musks cryptic Novus...

Fed Chair Jerome Powell Defies Trump: 'I Won't Resign Even If He Demands It!'

Federal Reserve Chair Jerome Powell has made it clear that he has no plans to step down if President-elect Donald Trump asks him to leave. In a rare and bold statement underscoring the Feds independence, Powell, who has...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

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

Shiba Inu Whale Netflows Skyrocket 7,429% Amid $0.000020 Price Breakout Hope, Bullish Surge Looms?

Shiba Inu (SHIB) saw a significant rise in whale netflows, spiking by 7,429%, indicating increased accumulation by major holders. This massive surge has fueled optimism that SHIB may soon break past the key $0.000020...

AI Giant Nvidia Reaches $3.65 Trillion Market Value as Wall Street Reacts to Trump Election Win

Nvidias stock soared to a staggering $3.65 trillion valuation, surpassing Apple as the worlds most valuable company, driven by Wall Streets enthusiasm after Trumps election win. The chipmakers latest milestone underscores...

PEPE Breakout Nears With 200% Potential as Whales Withdraw Billions, 72% of Holders Profit

PEPEs price is moving toward a potential breakout as whales withdraw hundreds of billions of tokens, boosting market sentiment. With 72% of holders in profit, analysts suggest PEPE could surge by 200% if it breaks key...

Detroit to Launch Crypto Tax Payments in 2025 – Here’s What to Know

Starting mid-2025, Detroit residents will be able to pay taxes in cryptocurrency, establishing Detroit as the first major city to embrace crypto for municipal services. Partnering with PayPal, the city seeks...

Shiba Inu's Shytoshi Kusama Pursues Vitalik Buterin: 'Wen 10 Minute Discussion' for SHIB's Future?

Shytoshi Kusama, the driving force behind Shiba Inu, is urging Ethereum cofounder Vitalik Buterin to meet for a ten-minute discussion on SHIBs ambitious plans, including a $2 billion innovation hub. Kusama seeks to align...