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FxWirePro: EUR/AUD outlook weaker on renewed downside pressure

Nov 11, 2024 23:21 pm UTC| Technicals

EUR/AUD declined on Monday as euro attracted sellers on concerns that U.S. policies, including tariffs, under President-elect Donald Trump could threaten growth in the euro zone. The common currency has been further...

FxWirePro: GBP/USD downside pressure builds, key support Level in focus

Nov 11, 2024 17:31 pm UTC| Technicals

GBP/USD declined on Monday as dollar strengthened as investors awaited key economic data this week for clues on the path of U.S. and British monetary policy. . Investors are awaiting U.S. inflation data as well as...

FxWirePro: AUD/ USD poised at critical support, looking vulnerable

Nov 11, 2024 16:23 pm UTC| Technicals

AUD/USD eased on Monday as Australian dollar weighed down by concerns over Chinas economy and weak commodity prices. Oil prices dropped by around 2% on Monday after Chinas stimulus plan failed to meet expectations,...

FxWirePro- Major Currency pair and bias summary

Nov 11, 2024 16:21 pm UTC| Technicals

Major Currency pair and bias...

FxWirePro: USD/ZAR poised for further upside after key fibo break

Nov 11, 2024 16:12 pm UTC| Technicals

USD/ZAR rose on Monday as greenback continued rise ahead of US CPI data due later this week The consumer price index increased 0.2% last month after rising by a similar margin in July, the Labor Departments Bureau of...

FxWirePro- Major Crypto levels and bias summary

Nov 11, 2024 16:03 pm UTC| Digital Currency Technicals

Major Crypto levels and bias...

FxWirePro- Major US Indices

Nov 11, 2024 15:54 pm UTC| Technicals

SP 500- 6014 (0.32%) Major resistance- 6187 Near-term resistance - 6020 Minor support-5950/5925/5890/5850/5790. Trend reversal level- 5480 The pair holds above short-term (34, 55 EMA) and the...

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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

Kari Lake’s Political Future Over After Senate Defeat as She Accepts Trump’s VOA Appointment

Kari Lake, a prominent figure in Arizonas political scene, announced that she will not run for office again following her loss in the 2024 Senate race. Instead, she has accepted President-elect Donald Trumps nomination to...

Donald Trump’s Approval Surge Ahead of Inauguration Stuns Critics and Shakes Up Political Landscape

As President-elect Donald Trump prepares to take office in January 2025, his approval ratings have surged, providing him with a significant boost ahead of his second term. A new Gallup poll released on December 27 shows...

Elon Musk Not Influenced by Money? Republican Governor Sparks Debate Amid Controversial Role in Trump's Administration

On December 29, 2024, New Hampshire Governor Chris Sununu made waves with comments suggesting that billionaire Elon Musk, despite his immense wealth, is not motivated by money. Sununus remarks, made during an appearance on...

Trump Joins Forces with Elon Musk on H-1B Visas Amid Rising Tensions Within MAGA Movement

In a surprising move that has shaken up the political landscape, President-elect Donald Trump has expressed support for the H-1B visa program, aligning himself with tech magnate Elon Musk. This endorsement, while praised...

Republicans Gear Up for Controversial Voting Legislation Amid Fears of Election Crackdowns

Republicans are preparing to reintroduce a contentious piece of legislation that could transform voter registration procedures across the United States. Known as the Securing Americas Voting Eligibility (SAVE) Act, the...

Science

Public Health Experts Warn of ‘Quad-Demic’ as Flu, COVID, RSV, and Norovirus Threaten Winter Surge

Public health experts are raising alarms over a potential quad-demic this winter, with flu, COVID-19, respiratory syncytial virus (RSV), and norovirus all expected to surge simultaneously. This unprecedented convergence of...

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...

Xiaomi Expands EV Charging Access Across China With NIO, XPeng, and Li Auto Networks

Xiaomi has joined the EV charging networks of NIO, XPeng, and Li Auto, giving its customers access to over 29,000 stations across China. The move marks a strategic step in bolstering Xiaomis EV business amid growing...