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FxWirePro: USD/JPY consolidates in narrow range, traders await fresh catalyst

Dec 08, 2022 11:55 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.19% higher on the day at 136.84 at around 11:40 GMT. The major was extending range trade for the 3rd straight session. SP500 futures seem to be under selling...

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

Dec 08, 2022 09:05 am UTC| Technicals

Pair Value Recommendation EURJPY 213.50 Buy USDCAD 342.63 Strong Buy EURJPY Major resistance- 145 Near-term support- 143 Trend reversal level-...

FxWirePro- GBPJPY Daily Outlook

Dec 08, 2022 08:57 am UTC| Technicals

GBPJPY consolidates in a narrow range between 165.95 and 167.418 for the past two trading days. It hits an intraday high of 167.17 and is currently trading around 166.86. GBPUSD- Trend- Bullish The cable...

FxWirePro-USDCAD Daily Outlook

Dec 08, 2022 08:53 am UTC| Technicals

Intraday bias - Bullish USDCAD pared more than 100 pips after BOC monetary policy. The central bank hiked rates by 50 bpbs to 4.25%, the highest level since 2008. It also said that it would consider whether the...

FxWirePro- EURUSD Daily Outlook

Dec 08, 2022 08:18 am UTC| Technicals

EURUSD rebounds above 1.1500 on board-based US dollar selling. The demand for riskier assets increased on easing Covid restrictions in China. The chance of less aggressive Fed rate hikes and declining US treasury yields...

FxWirePro- Gold Daily Outlook

Dec 08, 2022 05:11 am UTC| Technicals

Ichimoku Analysis (4- Hour chart) Tenken-Sen- $1778.95 Kijun-Sen- $1787.95 Gold surged more than $20 after hitting a low of $1765 on the weak US dollar. The demand for riskier assets showed a jump...

FxWirePro: AUD/NZD tests fresh yearly lows below 1.06 handle, outlook bearish

Dec 08, 2022 05:11 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - AUD/NZD was trading 0.12% lower on the day at 1.0566 at around 04:50 GMT - The pair has ignored Doji formation on the previous sessions candle - Price action...

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Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 15th2024 7 am GBP GDP...

FxWirePro-China's Economic Outlook: Mixed Signals in Industrial Production and Retail Sales for October 2024

In October 2024, Chinas economy showed mixed results in two key areas: industrial production and retail sales. Industrial Production: Growth was at 5.3% compared to last years, which was lower than the expected 5.5%...

FxWirePro- Major Economic Events for the day

Nov 14 th GMT Currency Data Actual Forecast 1:30 PM USD Core PPI...

Australia's Employment Growth Slows: Key Insights from October 2024

In October 2024, Australia saw a small increase in jobs, adding 15,900 new positions. This brought the total number of people working to about 14.54 million. However, this growth is much slower than in previous months; for...

FxWirePro-Major Economic events today

Date Time Currency Event Actual Previous Forecast Nov 13 th 9:45...

Politics

‘Big Pharma Panic!’ Stocks Plummet After Trump Appoints RFK Jr. as Secretary of Health and Human Services

Pharmaceutical stocks took a steep plunge in the wake of President Donald Trumps appointment of Robert F. Kennedy Jr. as Secretary of Health and Human Services, a controversial move that has sent shockwaves through the...

‘Crimes Against Humanity?’ Marjorie Taylor Greene Hints Next Attorney General Matt Gaetz Will Target COVID-19 Leaders

Rep. Marjorie Taylor Greene (R-Ga.) hinted that Florida Congressman Matt Gaetz, who has reportedly been tapped by former President Donald Trump for the role of U.S. Attorney General, may pursue criminal investigations...

‘Mass Exodus Looms!’ FDA Employees Consider Quitting as Robert F. Kennedy Jr. Joins Trump’s Administration

As Robert F. Kennedy Jr. prepares to join the Trump administration, reports suggest a growing sense of unease among employees at the Food and Drug Administration (FDA). The potential appointment of Kennedy, known for his...

Next Senate Leader John Thune Backs Musk and Ramaswamy’s Plan to Dismantle Bureaucracy: ‘It’s Long Overdue!’

Incoming Senate Majority Leader John Thune has voiced his support for recent calls by tech magnate Elon Musk and entrepreneur Vivek Ramaswamy to overhaul and dismantle portions of the federal bureaucracy. Thunes backing of...

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...

Technology

Shiba Inu’s Shocking 4 Trillion Transfer Triggers Golden Cross and 6% Price Rebound

The Shiba Inu ecosystem buzzed with excitement after a colossal 4 trillion SHIB transaction worth $99 million hit the blockchain. This dramatic move aligned with a rare Golden Cross formation, sending the token on a 6%...

Bitcoin Tumbles as Fed Chair Powell Signals No Hurry to Lower Rates, December Cut Uncertain

Bitcoin dropped nearly 3% on Nov. 14 as Federal Reserve Chair Jerome Powell dismissed the need to lower interest rates quickly. The cautious stance has led traders to reconsider the likelihood of a December cut, with...

Upbit Under Fire: South Korea Investigates 600K KYC Violations Amid License Renewal Battle

South Koreas Financial Intelligence Unit is investigating cryptocurrency exchange Upbit for over 600,000 alleged KYC violations, raising concerns about its license renewal and potential fines totaling millions. The probe...

BTC Creator Satoshi Nakamoto Now Among World’s Richest—$90 Billion in Untouched Bitcoin Sparks Controversy

In an unexpected twist of financial history, the elusive Bitcoin creator, known only as Satoshi Nakamoto, has reportedly joined the ranks of the worlds wealthiest individuals. With Bitcoin prices soaring to unprecedented...
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