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FxWirePro- Woodies Pivot (Major)

Nov 13, 2024 09:45 am UTC| Technicals

Woodies Pivot...

FxWirePro- GBPJPY Trade Idea

Nov 13, 2024 09:26 am UTC| Technicals

The GBP/JPY currency pair is staying the same because the weakness of the yen is balancing out the falling value of the British pound.It dropped to a low of 196.88 at the time of writingand is currently trading around...

FxWirePro: AUD/ USD momentum negative despite the pause in losses

Nov 13, 2024 06:09 am UTC| Technicals

AUD/USD traded around $0.653 on Wednesday, staying close to its weakest point in three months as the US dollar maintained its strength. Data from the Australian Bureau of Statistics released on Wednesday showed the...

FxWirePro: USD/ CNY consolidating around 7.223, room for further gains

Nov 13, 2024 05:37 am UTC| Technicals

USD/CNY edged lower slightly on Wednesday as Yuan was lifted by firmer-than-expected official midpoint guidance. The Peoples Bank of China (PBOC) set the yuans midpoint rate at 7.1991 per dollar, within a 2% trading...

FxWirePro: NZD/USD outlook weaker on renewed downside pressure

Nov 13, 2024 05:18 am UTC| Technicals

NZD/USD held near three month low on Wednesday as dollar remained bid on Trump tariff hopes. Trumps proposed tariffs, along with other policies like tax cuts, are viewed as inflationary and likely to keep U.S. interest...

FxWirePro: GBP/AUD pauses decline, downside risk remains

Nov 12, 2024 23:21 pm UTC| Technicals

GBP/AUD eased on Tuesday after UK data revealed that wage growth slowed and unemployment rose. British wage growth, excluding bonuses, dropped to its lowest level in over two years in the third quarter. Meanwhile,...

FxWirePro: EUR/NZD beginning to trend higher but hurdle ahead

Nov 12, 2024 23:10 pm UTC| Technicals

EUR/NZD strengthened on Tuesday as the pair recovered from early dip as geopolitical concerns eased. The euro erased Mondays losses against the kiwi dollar , the pair was last up at 0.66% at 1.6909 . The euro is...

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Economy

Tesla Model 3 Test Drive Requests Soar 60% in Beijing Amid New Sales Offers

Test drive requests for Teslas Model 3 in Beijing have soared 60% month-over-month, spurred by local sales initiatives like zero-interest financing and competitive pricing. The sedan remains a top pick in the Chinese EV...

Elon Musk's Tesla Vision-Only Tech Sparks LiDAR Debate as Li Auto CEO Cites China Highway Dangers

Li Auto CEO takes aim at Elon Musk and Teslas vision-only strategy, arguing LiDAR is essential for handling Chinas challenging highway conditions. Li Auto CEO Highlights LiDAR for Chinas Unique Highways Even if the...

Bezos’ Blue Origin FAA Approval Paves Way for New Glenn Rocket Launch in Space Race

The FAA has approved Blue Origins New Glenn rocket, allowing Jeff Bezos space company to compete in critical national security satellite launches. FAA Grants Blue Origin License for New Glenn Rocket Launch On Friday, the...

What OpenAI’s Public Benefit Shift Means for the Future of AI

OpenAIs decision to adopt a public benefit corporation model reflects its effort to align profit-making with its mission to drive societal impact in the fast-evolving AI sector. OpenAI Embraces Public Benefit Corporation...

Massive Chrome Extension Breach Exposes Data Security Risks Across Companies

In an alarming cybersecurity breach, hackers compromised Chrome extensions of multiple companies, including Cyberhaven, to access sensitive data. The attack, ongoing since December, highlights vulnerabilities in browser...

Politics

Trump Celebrates Legal Victory Over Biden’s Border Wall Plans Claiming Major Win for National Security

A recent legal ruling has sparked significant debate, as a federal judge blocked the Biden administrations efforts to dispose of any southern border wall materials during the remainder of President Joe Bidens term. The...

Trump's Outrage Over Celebrity Endorsements Sparks Controversy as He Claims Democrats Broke the Law

In a fiery post on his Truth Social platform, President-elect Donald Trump accused Democrats of breaking the law over claims that Vice President Kamala Harris 2024 presidential campaign paid celebrities, including...

Off-Year 2025 Elections Could Reveal Early Signs of Voter Sentiment as Trump Begins New Term

As President-elect Donald Trump prepares for his second term, the off-year elections in 2025 will serve as an early indicator of political trends, voter sentiment, and potential shifts in party dynamics. With various state...

Republican Governor Sparks Controversy Over Social Security Cuts Proposal as Election Looms

In a heated discussion on CNNs State of the Union this past Sunday, New Hampshire Governor Chris Sununu ignited controversy by suggesting that cuts to Social Security should be on the table as part of efforts to curb...

Science

Philippines' 'Missile Acquisition' Plan Provokes China's 'Arms Race' Warning

The Philippines has announced plans to acquire the U.S.-developed Typhon missile system to bolster its maritime defense capabilities. This decision has elicited strong reactions from China, which warns that such a move...

Christmas Eve Asteroid' to Skim Past Earth at 14,743 mph Tonight, NASA Warns

NASA has announced that an asteroid, comparable in size to a 10-story building, will make a close approach to Earth on Christmas Eve. The space rock, designated 2003 SD220, is expected to pass by our planet at a speed of...

Emergency Declared as Bird Flu 'Spreads' to California Dairy Cows

California Governor Gavin Newsom has officially declared a state of emergency in response to the rapidly escalating bird flu outbreak. The declaration comes after avian influenza was detected in dairy cows, a rare and...

Missing Radioactive Material in New Jersey Sparks Panic — Are Drones ‘Hunting for It’?

A small amount of radioactive material went missing in New Jersey earlier this month, raising concerns over public safety and potential security risks. The U.S. Nuclear Regulatory Commission (NRC) confirmed on December 2,...

Technology

Nintendo Switch 2 Launch Rumored for March 28 by Italian Website as Excitement Builds Around New Console

An Italian website has fueled excitement by hinting at a March 28 launch for the Nintendo Switch 2. With accessory details and advanced specs circulating, analysts predict strong sales fueled by anticipated titles like...

X's New Algorithm Changes Trigger Backlash as Users Claim Voices Are Being Silenced

Elon Musks recent algorithm update on X, formerly known as Twitter, has sparked a heated debate among users. The changes, aimed at maximizing unregretted user-seconds, have raised questions about whether the platform is...

Samsung Brings Galaxy Ring 2 and AR Smart Glasses to Galaxy Unpacked 2025 With S25 Series

Samsung is shaking up the tech world at Galaxy Unpacked 2025, unveiling the Galaxy S25 Series, the advanced Galaxy Ring 2, and its cutting-edge AR Smart Glasses. This bold lineup promises a fresh leap into wearable...

Apple’s 2nm Chips Skip iPhone 17 as TSMC Prepares 2026 Launch for iPhone 18

Apple has decided to wait until 2026 to incorporate TSMCs 2nm chips into the iPhone 18. The move bypasses the iPhone 17, as TSMC works on scaling its production to meet industry demands and cut costs. Apple Expected to...
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