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FxWirePro: EUR/CHF tests 21-EMA, break above to fuel further gains

Aug 29, 2022 16:35 pm UTC| Technicals

Chart - Courtesy Trading View EUR/CHF was trading 0.70% higher on the day at around 16:15 GMT. The pair has spiked past 5-DMA and is testing 21-EMA resistance. Momentum is bullish. Stochs and RSI are biased higher,...

FxWirePro: EUR/GBP Daily Outlook

Aug 29, 2022 16:07 pm UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - EUR/GBP spikes past 21-EMA resistance - Price action breaks into the daily cloud - Momentum is bullish, Stochs and RSI are bullish - Volatility is high as...

FxWirePro: EUR/JPY spikes over 1.25% on hawkish ECB comments

Aug 29, 2022 14:50 pm UTC| Technicals

Chart - Courtesy Trading View Spot Analysis: EUR/JPY was trading 1.25% higher on the day at 138.67 at around 14:30 GMT Previous Weeks High/ Low: 137.96/ 135.51 Previous Sessions High/ Low: 137.96/...

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

Aug 29, 2022 10:19 am UTC| Technicals

Pair Value Recommendation USDCAD 380.79 Strong Buy CHFJPY 331.84 Strong Buy CHFJPY Major resistance- 143.75 Near-term support- 142.80 Trend reversal...

FxWirePro- USDCAD Daily Outlook

Aug 29, 2022 09:59 am UTC| Technicals

Intraday bias - Bullish USDCAD pared most of its gains made the previous week and closed well above 1.3000 on the hawkish stance from Fed Chairman Powell. The central bank chief said that Fed to continue its...

FxWirePro: USD/JPY extends bounce off daily cloud, dollar gains after Powell's hawkish comments

Aug 29, 2022 09:30 am UTC| Technicals

Chart - Courtesy Trading View USD/JPY was trading 0.85% higher on the day at 138.67 at around 08:55 GMT. A pledge from Federal Reserve chair Jerome Powell to keep interest rates higher in a bid to bring down surging...

FxWirePro- GBPJPY Daily Outlook

Aug 29, 2022 09:04 am UTC| Technicals

GBPJPY trades flat despite weak pound sterling. It has lost its shine against the dollar and hit the lowest level since Mar 2020 on UK recession fears due to a surge in energy costs. US Fed chairman Powells hawkish speech...

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Economy

Russia Cuts Gas to Austria in Payment Showdown: EU Energy Crisis Takes a Heated Turn

In a dramatic escalation of Europes energy woes, Russia abruptly halted gas supplies to Austria on Saturday over a contentious payment dispute involving Austrias largest energy firm, OMV, and Russian state-owned Gazprom....

Why Inflation Won’t Stop Tariffs: ‘The Political Agenda Matters More,’ Warns Economist

As inflation continues to strain household budgets, voters remain deeply concerned about rising costs. Yet, according to UBS Chief Economist Paul Donovan, inflation fears are unlikely to deter the United States from...

‘Trump Trade’ Economics Explained: How Tariffs, Deregulation, and Spending Plans Could Reshape the Market

The Trump trade is back in focus following the dramatic market reactions to Donald Trumps return to the White House. With equities soaring, Treasury yields climbing, and the U.S. dollar strengthening, Bank of America...

‘Republican Power Play’: Trump’s Second Term Brings ‘Explosive’ Shifts in Congress Compared to 2016 Sweep

The Republican Partys decisive victory in the 2024 elections has reignited comparisons to its 2016 sweep that handed the GOP control of both the White House and Congress. However, while the broad goals of the Republican...

‘Massive Market Shakeup’: Second Trump Term Sparks Investor Optimism but Raises ‘Explosive’ Policy Questions Ahead

With Donald Trump returning to the White House, financial markets are experiencing a rapid reshuffling of expectations, according to a UBS report released this week. U.S. stocks surged following Trumps reelection,...

Politics

Trump’s Bitcoin Reserve Plan: Could $90B in BTC Make the U.S. a Crypto Superpower?

Donald Trumps proposal for a $90 billion U.S. Bitcoin reserve sparks debate among financial experts. Advocates like Anthony Pompliano call it a vital step to counter the growing crypto influence of nations like Bhutan and...

Kamala Harris Meeting Trump After Biden's White House Talks? ‘Explosive’ Speculation Swirls Over Political Shift

Speculation is swirling in the nations capital after unconfirmed reports suggested Vice President Kamala Harris might hold a meeting with President-elect Donald Trump. This follows Trumps widely publicized meeting with...

‘The Hammer of Justice Is Coming!’ Elon Musk’s Explosive Warning to Foreign Interference ‘Hoax Pushers’ Shakes Social Media

Billionaire entrepreneur Elon Musk has ignited a firestorm of debate with a bold statement addressing those he claims promoted foreign interference hoaxes. In a dramatic declaration on his social media platform X, Musk...

‘Trump Will End It Faster!’ Zelensky’s Shocking Prediction About Ukraine’s War Stuns Global Leaders

Ukrainian President Volodymyr Zelensky has suggested that the war with Russia may end more quickly once U.S. President-elect Donald Trump takes office. In remarks made during a press briefing in Kyiv, Zelensky voiced his...

‘Fight Night Chaos!’ Trump’s Madison Square Garden UFC Visit Sparks Frenzy—‘It’s More Than a Spectacle’

Former President Donald Trump is expected to attend the upcoming UFC event at Madison Square Garden in what promises to be one of the most high-profile appearances of the year. The event, already a magnet for sports...

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

Shiba Inu Team Sounds Alarm on Scammers Amid SHIB’s 12.5% Price Surge

The Shiba Inu team has raised concerns about crypto scams targeting its community as SHIBs price rose by 12.5% within 24 hours. Investors are advised to avoid FOMO-driven schemes and prioritize sustainable projects that...

Cathie Wood Predicts Bitcoin’s Path to $1.5 Million by 2030, Fueled by ETFs and Institutional Support

Bitcoins value may climb to $1.5 million by 2030, Ark Invests Cathie Wood predicts. With spot Bitcoin ETFs, rising institutional demand, and improved regulations, Wood argues the cryptocurrency is cementing its role as a...

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...