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Sat, Nov 16, 2024 04:08 PM All times are UTC

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FxWirePro: EUR/GBP retraces above 21-EMA, downbeat UK Retail Sales raises scope for more gains

Oct 21, 2022 10:38 am UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/GBP was trading 0.32% higher on the day at 0.8737 at around 07:45 GMT. Previous Weeks High/ Low: 0.8866/ 0.8608 Previous Sessions High/ Low: 0.8757/...

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

Oct 21, 2022 07:43 am UTC| Technicals

Pair Value Recommendation EURAUD 380 Strong Buy USDJPY 432.14 Strong Buy EURAUD Major resistance- 1.5690 Near-term support- 1.5550 Trend reversal level-...

FxWirePro: UK Retail Sales decline more than expected, GBP/CHF largely unimpressed

Oct 21, 2022 07:43 am UTC| Technicals

Chart - Courtesy Trading View GBP/CHF was trading largely unchanged at 1.1249 at around 06:30 GMT, with session high at 1.1248 and low at 1.1244. The pair is trading directionless at daily cloud base and 55-EMA...

FxWirePro- EURUSD Daily Outlook

Oct 21, 2022 07:21 am UTC| Technicals

EURUSD pared some of its gains on surging US bond yields. The US 10-year yield breaks the previous weeks high and hits a fresh 14-year high on hawkish Fed comments. The US 10 and 2-year spread narrowed to -44 basis points...

FxWirePro- GBPJPY Daily Outlook

Oct 21, 2022 07:12 am UTC| Technicals

GBPJPY trades in a narrow range between 170.09 and 167.41 for the past three trading days. The Pound sterling pared most of its gains as UK PM Truss resigned after serving 6 weeks. Markets await UK development in UK...

FxWirePro- GBPJPY Daily Outlook

Oct 21, 2022 07:09 am UTC| Technicals

FxWirePro: AUD/USD Daily Outlook

Oct 21, 2022 06:07 am UTC| Technicals

Chart - Courtesy Trading View AUD/USD extends sideways grind as the risk-off impulse has rebounded across markets. The Australian dollar remains largely depressed after maintenance of a status quo by the Peoples Bank of...

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Economy

Barclays Warns: 'Stock Pickers Will Rule' in Chaotic Post-Election Market Shift

As markets digest the implications of Donald Trumps return to the White House, Barclays strategists are sounding the alarm: investors should prepare for a stock pickers market. With sector return dispersion expected to...

‘Vaccine Panic!’ Trump’s RFK Jr. Nomination Sparks a $7 Billion Market Meltdown, Pfizer Leads the Slide

The announcement of Robert F. Kennedy Jr. as President-elect Donald Trumps pick for Secretary of Health and Human Services (HHS) has sent shockwaves through the pharmaceutical industry, sparking a sharp sell-off in vaccine...

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%...

Politics

Dogecoin Eyes $4 After Elon Musk Affirms 'D.O.G.E. Has Real Potential'

Dogecoin is on a meteoric rise after Elon Musk affirmed that D.O.G.E. Has Real Potential. His new role as head of the Department of Government Efficiency has further amplified investor optimism, propelling the coin to...

Trump's 2025 Policies Poised to Take Crypto Mainstream: Bitcoin Boom and DeFi Surge, Says Redstone Co-Founder

Donald Trumps potential 2025 presidency is stirring excitement in the crypto world, with Redstones co-founder suggesting policies that could push Bitcoin and DeFi into mainstream finance. Analysts predict innovation and...

‘War on Christians’? Pete Hegseth Slams Media Bias, Promises Change Under Trump’s Defense Department on ‘Day One’

Conservative commentator Pete Hegseth has ignited a new round of cultural debate, alleging that media outlets are unfairly targeting Christians, conservatives, and patriots. In a fiery social media post, Hegseth vowed that...

InfoWars Auction ‘Rigged’? Criminal Investigation Sparks as Alex Jones Claims His Platform Is Back in Action

A criminal investigation has been launched into allegations of a conspiracy to manipulate the auction for InfoWars, the controversial platform founded by Alex Jones. The probe comes as Jones declares that InfoWars has been...

Fetterman Calls for Calm: 'Stop Freaking Out Over Trump' as Democrats Face Post-Election Reckoning

Sen. John Fetterman, a prominent voice within the Democratic Party, is calling for cooler heads as Democrats grapple with President-elect Donald Trumps post-election transition. In a recent statement, Fetterman urged his...

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

Ripple Whales Buy 320M XRP in Days, Driving Price to $1.08 Amid Bullish Market Trends

Ripple whales have accumulated 320 million XRP in a massive buying spree, pushing prices to a two-year high of $1.08. Market analysts are eyeing $2 as the next target amid surging trading volume and bullish...

PNUT Hits $1.85 After $7.12M Whale Move, GOAT Climbs 90% in Solana Meme Coin Explosion

The Solana meme coin market continues its meteoric rise as a crypto whale withdrew $7.12 million worth of PNUT, driving its price up 2000%. Simultaneously, GOAT has surged by 90% since the same whale invested $6.1 million,...

Shiba Inu Burn Rate Spikes 464% With Over 624M SHIB Burned in a Week, Price Gains Ahead?

Shiba Inus burn rate soared 464% this week, with 624.5 million SHIB tokens burned. The supply shock aligns with a 6% intraday price increase, signaling bullish momentum for the meme coin amid a broader market rally in meme...

Corporate Giants Rekindle Ties With X, Leaving Critics Questioning 'Ethical Advertising Standards' in Shocking Comeback

Disney, IBM, Comcast, Warner Bros. Discovery, and Lionsgate Entertainment have announced plans to resume advertising on X, the social media platform formerly known as Twitter, after boycotting it last year. The move marks...

Tesla’s $387 Price Target Shocks Wall Street as RBC Predicts an AV Takeover

Teslas stock received a major boost on Friday as RBC Capital raised its price target to $387, up from $323, citing increased confidence in the companys ambitious autonomous vehicle (AV) plans and its dominance over...