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Sat, Nov 16, 2024 08:40 AM All times are UTC

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

Nov 16, 2022 09:24 am UTC| Technicals

Pair Value Recommendation EURUSD 360.88 Strong Buy AUDUSD 417.56 Strong Buy EURUSD Major resistance- 1.0500 Near-term support- 1.0300 Trend reversal...

FxWirePro- USDCHF Daily Outlook

Nov 16, 2022 08:58 am UTC| Technicals

USDCHF pared some of its gains after a minor pullback to 0.94754. The Pair was one of the worst performers in the past 10 days on board-based US dollar weakness. Hawkish comments from the Swiss National bank and the...

FxWirePro- GBPJPY Daily Outlook

Nov 16, 2022 08:03 am UTC| Technicals

GBPJPY gained slightly after hot UK CPI data. The annual inflation jumped to 11.1% in Oct, above the estimate of 10.1%. The Pound sterling pared some of its gains after showing a minor pullback to 1.18992. Any close above...

FxWirePro: USD/JPY Daily Outlook

Nov 16, 2022 06:46 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: USD/JPY was trading 0.39% higher on the day at 139.80 at around 06:35 GMT. Previous Weeks High/ Low: 147.56/ 138.45 Previous Sessions High/ Low: 140.62/...

FxWirePro: AUD/USD rangebound above 110-EMA amid geopolitical jitters, focus on US Retail Sales for impetus

Nov 16, 2022 05:48 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD was trading 0.09% higher on the day at 0.6757 at around 05:35 GMT. The pair is consolidating break above 110-EMA and daily cloud, scope for further gains. The International...

FxWirePro- Gold Daily Outlook

Nov 16, 2022 05:19 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1776.55 Kijun-Sen- $1744.37 Gold spiked after reports shows that Russia made missiles fall in Poland and two people lost life. The escalation of tension...

FxWirePro:EUR /NZD falls on potential rise in geopolitical tensions, could be on verge of bigger drop

Nov 15, 2022 22:27 pm UTC| Technicals

EUR/NZD dipped on Tuesday as euro attracted sellers on potential rise in geopolitical tensions. The euro declined against kiwi dollar on reports that Russian missiles hit Poland raised fears about greater geopolitical...

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Economy

Wall Street Plummets as Powell Cautions on Rate Cuts and Trump Cabinet Picks Shake Confidence

Wall Street saw a dramatic downturn on Friday, with major indexes recording their steepest losses in two weeks. Investor sentiment soured following Federal Reserve Chair Jerome Powells cautious remarks on future rate cuts...

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...

Politics

Donald Trump’s Potential iPhone Tariff Bombshell: Jefferies Warns of a ‘$256 Price Hike Nightmare’

Apple Inc. could be staring down a significant financial hit if former President Donald Trump reintroduces tariffs during a potential second term, according to a detailed analysis by Jefferies on Friday. The investment...

Is Elon Musk 'Officially' Buying McDonald's Following Donald Trump Win?

In the age of viral misinformation, a recent online rumor claiming Elon Musk is officially buying McDonalds sent social media into a frenzy. The claims, propagated through YouTube videos, TikTok posts, and Facebook shares,...

Trump Media Shake-Up: Key Shareholder Dumps Nearly Entire Stake Amid Controversial Legal Battle—'What’s Next for Truth Social?'

Trump Media Technology Group, the parent company of Truth Social, is facing fresh controversy as ARC Global Investments, a major shareholder, has sold nearly its entire stake in the company. The move, disclosed in a...

‘Taylor Swift and Lady Gaga Say No!’ Stars Refuse Trump’s Inauguration Stage, Shocking Fans and Critics Alike

Music superstars Taylor Swift and Lady Gaga have reportedly turned down requests to perform at President Donald Trumps upcoming inauguration. The high-profile refusals by two of the worlds biggest pop icons have added fuel...

‘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...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

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

Dogecoin Whales Scoop 140M DOGE in 24 Hours as Market Eyes $3 Rally Amid Elon Musk Buzz

Dogecoin whales have amassed 140 million DOGE worth $56 million in the past day, reflecting growing market confidence. This surge follows bullish sentiment and Elon Musks recent federal efficiency appointment, sparking...

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...