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FxWirePro: EUR/ AUD consolidating around 1.4670, bias is bullish

Aug 09, 2022 23:20 pm UTC| Technicals

EUR/ AUD strengthened on Tuesday and was threatening to break above the 38.2% fibo of resistance ahead of Wednesdays highly anticipated July U.S. CPI report. As-expected or below estimate results should send hope of...

FxWirePro: GBP/AUD stuck in range, choppy price action persists

Aug 09, 2022 23:06 pm UTC| Technicals

GBP/AUD initially gained on Tuesday but lost some ground ahead of Wednesdays highly anticipated July U.S. CPI report. Forecasts for CPI are mixed, but focus is on too-high core rates.Another 75bp Fed hike is favored...

FxWirePro:GBP/NZD regains upwards momentum but unable to hold above 14-DMA

Aug 09, 2022 18:19 pm UTC| Technicals

GBP/NZD initially gained on Tuesday but gave up ground as investors eyed U.S. inflation data due on Wednesday. Wednesdays highly anticipated July U.S. CPI report, could put shorts in danger. At GMT 18:11, the pair...

FxWirePro- Major pair levels and bias summary

Aug 09, 2022 16:25 pm UTC| Technicals

Major pair levels and bias...

FxWirePro Currency Strength Index: Currency pairs to watch(EURUSD and EURGBP) for the day

Aug 09, 2022 12:56 pm UTC| Technicals

Pair Value Recommendation EURGBP 237.06 Buy EURUSD 215.74 Buy EURGBP Major resistance-0.8470 Near-term support- 0.8400 Trend reversal level-...

FxWirePro- EURUSD Daily Outlook

Aug 09, 2022 12:17 pm UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.02019 Kijun-Sen- 1.01883 EURUSD pared some of its gains despite upbeat market sentiment. Market eyes German and US CPI data tomorrow for further...

FxWirePro: Daily Commodity Tracker - 9th August, 2022

Aug 09, 2022 12:10 pm UTC| Technicals

Daily Commodity...

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Economy

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 Meeting Rumors Put Ripple Labs CEO in Hot Seat; XRP Soars Amid Backlash

Ripple Labs CEO Brad Garlinghouse is under fire following rumors of a meeting with President-elect Trump. Industry leaders accuse Ripple of promoting an anti-bitcoin agenda as XRP prices spike amid the speculation. The...

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...

Science

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

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...
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