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FxWirePro: EUR/AUD consolidating around 1.4690, room for further gains

Aug 02, 2022 20:04 pm UTC| Technicals

EUR/AUD strengthened on Tuesday as Australian dollar weakened after RBA raised interest rates as expected but sounded a note of caution on further moves. The Reserve Bank of Australia (RBA) lifted its cash rate 50...

FxWirePro- Major pair levels and bias summary

Aug 02, 2022 11:47 am UTC| Technicals

Major pair levels and bias...

FxWirePro- BTCUSD Predictions

Aug 02, 2022 11:39 am UTC| Technicals Digital Currency

BTCUSD trades slightly lower despite upbeat market sentiment. The pair rebounded sharply after the dovish 75 bpbs rate hike by Fed.US dollar index continues to trade weak for a third consecutive week and dropped below...

FxWirePro: Daily Commodity Tracker - 2nd August, 2022

Aug 02, 2022 11:01 am UTC| Technicals

Daily Commodity...

FxWirePro: AUD/NZD plunges into daily cloud, further weakness on cards

Aug 02, 2022 10:46 am UTC| Technicals

Chart - Courtesy Trading View AUD/NZD was trading 0.70% lower on the day at 1.1016 at around 10:40 GMT, outlook bearish. The Australian dollar was sold off across the board after the Reserve Bank of Australia (RBA)...

FxWirePro: USD/JPY Daily Outlook

Aug 02, 2022 10:24 am UTC| Technicals

Chart - Courtesy Trading View Technical Analysis: - USD/JPY was trading 0.56% lower 130.86 at around 10:05 GMT - The major is extending weakness for the fifth straight session - Price action has slipped below...

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

Aug 02, 2022 07:29 am UTC| Technicals

Pair Value Recommendation EURJPY -414.69 Strong Sell GBPJPY -436.32 Strong Sell EURJPY Major resistance-135.10 Near-term support-133.65 Trend reversal...

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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

Tyler Winklevoss: D.O.G.E. Could Be the US’s Secret Weapon Against Rising Inflation

Tyler Winklevoss, co-founder of Gemini, supports D.O.G.E.s innovative approach to tackling inflation while criticizing the SECs restrictive stance. He emphasizes Bitcoins potential as digital gold amid U.S. economic...

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

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

Trump’s Crypto Win Rocks Ethereum: Bitcoin Soars, ETH Slumps ‘More Brutal Than I Expected’

Ethereums decline against Bitcoin has surprised experts, with Lyn Alden calling the drop more brutal than expected. Despite Trumps crypto-friendly administration, Bitcoin surged 31%, leaving Ethereum struggling with a...

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,...