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FxWirePro: GBP/CAD refreshes 9-year lows, outlook bearish

Aug 23, 2022 13:38 pm UTC| Technicals

Chart - Courtesy Trading View GBP/CAD was trading 0.20% lower on the day at 1.5321 at around 13:15 GMT. Mixed UK PMIs fail to impress GBP bulls. The pair hit fresh 9-year lows at 1.5276 before paring some losses,...

FxWirePro: GBP/CHF bounces off trendline support, mixed UK PMIs fail to impress GBP bulls

Aug 23, 2022 13:14 pm UTC| Technicals

Chart - Courtesy Trading View GBP/CHF was trading 0.18% higher on the day at 1.1359 at around 10:35 GMT. The pair is extending previous sessions bounce off trendline support. However, upside remains capped at 5-DMA....

FxWirePro: EUR/JPY Daily Outlook

Aug 23, 2022 10:20 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - EUR/JPY was trading 0.22% lower on the day at 136.37 at around 10:05 GMT - The pair is extending weakness after rejection at 21-EMA resistance - Price action...

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

Aug 23, 2022 10:02 am UTC| Technicals

Pair Value Recommendation AUDUSD -308.83 Strong Sell GBPJPY -288.26 Sell GBPJPY Major resistance- 162.50 Near-term support- 160.80 Trend reversal level-...

FxWirePro- EURUSD Daily Outlook

Aug 23, 2022 09:35 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 0.99735 Kijun-Sen- 1.00516 EURUSD declined sharply after breaking a multi-month low of 0.9950 today. The pair showed a minor pullback on upbeat German and...

FxWirePro -USDCHF daily outlook

Aug 23, 2022 08:58 am UTC| Technicals

The pair showed a nice pullback in yesterday US session on board-based US dollar buying. Hopes of aggressive rate hikes by the Fed till inflation coll off are supporting the US dollar at lower levels. Markets eyes Flash...

FxWirePro- GBPJPY Daily Outlook

Aug 23, 2022 07:51 am UTC| Technicals

GBPJPY continues to trade weak for the past four days and lost more than 300 pips on the weak pound sterling. It has broken significant support at 1.17500 and trades below that level on board-based US dollar. Markets eye...

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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...