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Fri, Dec 27, 2024 10:41 PM All times are UTC

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FxWirePro- Major US Indices

Nov 25, 2024 18:15 pm UTC| Technicals

SP 500- 5978 (0.12%) Major resistance- 6187 Near-term resistance - 6025 Minor support- 5950/5900/5885/5840/5825/5790. Trend reversal level- 5480 The pair holds below short-term (34, 55 EMA)...

FxWirePro- EURUSD Trade Idea

Nov 25, 2024 17:55 pm UTC| Technicals

EURUSD recovered slightly after hitting a two-year low. It hits a low of 1.03314 at the time of writing and is currently trading around 1.04915. Recent IFO data for Germany shows a decline in business sentiment,...

FxWirePro: USD/ MXN runs out of steam but maintains bullish outlook

Nov 25, 2024 16:27 pm UTC| Technicals

USD/ MXN eased on Monday as the dollars global rally stalled after U.S. President-elect Donald Trump nominated Wall Street veteran Scott Bessent as Treasury secretary. On Friday evening, former President Donald Trump...

FxWirePro: EUR/CAD rebounds from 9-month low, outlook bullish

Nov 25, 2024 16:06 pm UTC| Technicals

EUR/CAD strengthened on Monday as last weeks broad selloff eased on euro. Euro fell to 9-month low on Friday after data showed Euro zone Purchasing Managers Index reached a 10-month low of 48.1. Pressure on the...

FxWirePro- USDCHF Trade Idea

Nov 25, 2024 12:58 pm UTC| Technicals

The pair showed a minor profit booking after hitting a multi-month high. Overall bias remains bullish as long as support 0.8780 holds. It hit a high of 0.8958 and is currently trading around 0.88904. The preliminary...

FxWirePro: USD/ZAR consolidates above 18.000 after early fall, maintains bullish bias

Nov 25, 2024 11:23 am UTC| Technicals

The USD/ZAR initially dipped Monday but recovered ground as markets reacted to U.S. President-elect Donald Trumps nomination of investor Scott Bessent for the post of Treasury secretary. Bessent has also been a vocal...

FxWirePro- EURJPY Trade Idea

Nov 25, 2024 08:06 am UTC| Technicals

EUR/JPYlost its shine on the strong yen. It hit a low of 161.12 at the time of writing and is now trading around 161.127. The intraday outlook is bearishas long as the resistance 163 holds. The Japanese yen gained...

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Economy

Tokyo's Inflation Surge: Energy Prices Drive December CPI Up to 2.4%

In December 2024, the core Consumer Price Index (CPI) for Tokyo Prefecture increased by 2.4% compared to a year earlier, rising from 2.2% in November. This change is important because it shows that prices continue to rise,...

Tokyo Inflation Gains Heat as January Rate Hike Expectations Build Around BOJ Policy Moves

Inflation in Tokyo surged in December, climbing to 2.4 percent as price pressures widened. With the Bank of Japans January policy meeting looming, markets are speculating on whether a further rate hike is on the horizon...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...

Alibaba Partners with E-Mart in $4 Billion Deal to Strengthen South Korean Online Retail Leadership

In a $4 billion agreement, Alibaba Group and E-Mart are merging their South Korean e-commerce platforms, forming a joint venture to take full ownership of Gmarket. The deal positions the companies to compete with top...

Politics

Trump Threatens European Union with Tariffs Over Oil and Gas Imports: Buy American or Pay the Price

Former President Donald Trump has reignited trade tensions with the European Union, demanding that the EU buy more American-made oil and gas or face tariffs. This demand, made public through Trumps recent remarks, has...

Justin Trudeau Could Become U.S. President in 2028 If Canada Becomes America’s 51st State

As political conversations heat up regarding the future of North America, an unexpected possibility is emerging: Justin Trudeau, the current Prime Minister of Canada, could become the President of the United States in...

George Clooney's Political Ambitions Will Crash After Kamala Harris' 2025 Presidential Loss, Psychics Predict

In 2025, psychics predict that actor George Clooney will take a major step into politics, spurred by the fallout from Kamala Harris surprising loss in the presidential election. Clooney, who has long been a supporter of...

Robert F. Kennedy Jr., Cheryl Hines Divorce in 2025? Psychics Predict RFK Jr. Faces Split Next Year Due to His Blind Ambition and Disastrous Indiscretions

In 2025, psychics are predicting that Robert F. Kennedy Jr.s personal life will take a dramatic turn as his marriage to actress Cheryl Hines will reportedly come to an end. Multiple psychics claim that Hines, who has stood...

Vladimir Putin to Die in 2025? Psychics Predict Russian Leader Will Be Assassinated by High-Ranking Official Over Nuclear Fears

As 2025 approaches, psychics around the world are making chilling predictions regarding Russian President Vladimir Putins future. According to multiple sources, several prominent psychic figures believe that Putin will be...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...

Japan Airlines Faces Cyberattack Disruption with Over 60 Delayed Flights and Canceled Domestic Routes

Japan Airlines experienced significant disruptions on Thursday as a cyberattack led to over 60 flight delays, including 11 international routes, and two domestic cancellations. The airline quickly resolved the network...

Nintendo Switch 2 Reveal Rumors Explode as Countdown Ending January 8 Fuels New Leaks

Nintendo Switch 2 speculation reaches new heights with a countdown set for January 8 and leaked dock images circulating online. Fans are eager but cautious as the buzz around the anticipated reveal grows. Weibo Leaker...

Sam Altman Says Superintelligence Will Ignite a 10X Boom in AI Breakthroughs Transforming the Future of Innovation

Sam Altman envisions a world where superintelligence propels AI innovation 10x faster than expected, transforming global progress and redefining humanitys future. Early Arrival of AGI Sparks Debate The most noteworthy is...