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Technicals

Mon, Jul 06, 2020 04:38 PM All times are UTC Edition :

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FxWirePro: Major pair levels and bias summary

Jul 06, 2020 16:19 pm UTC| Technicals

Major pair levels and bias...

CHFJPY: Shooting star and double top

Jul 06, 2020 16:07 pm UTC| Technicals

Candlestick pattern- Shooting Star Ichimoku Analysis (1-hour chart) Tenken-Sen- 114.30 Kijun-Sen- 114.06 CHFJPY has once again declined after hitting a high of 114.59. The pair has formed almost...

FxWirePro: Sell CADJPY on rallies

Jul 06, 2020 15:55 pm UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 79.40 Kijun-Sen- 79.15 CADJPY recovered slightly after hitting a low of 78.95 on Jul 2nd, 2020. The intraday trend is weak as long as resistance 80 holds....

FxWirePro: EUR/GBP bounces off channel base, euro shrugs off drop in Sentix Investor Confidence amid upbeat EZ retail sales

Jul 06, 2020 11:58 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading 0.51% higher on the day at 0.9045 at around 11:45 GMT, bias higher. The single currency extends gains across the board, shrugs off drop in Sentix Investor Confidence...

FxWirePro: USD/SEK hovers towards 3-week trough, outlooks remains bearish

Jul 06, 2020 11:51 am UTC| Technicals

The Swedish Krona rose, extending previous session gains as the greenback eased across the board. The greenback against a basket of currencies traded 0.4 percent lower at 96.77, having touched a low of 96.75 earlier,...

FxWirePro: Norwegian Krone hits 3-1/2 week high as crude oil rallies on tighter supplies

Jul 06, 2020 10:56 am UTC| Technicals

The Norwegian Krone rallied to a 3-1/2 week peakas crude oil price surged on tighter supplies, while the greenback slumped. OPEC and allies including Russia have pledged to slash production by a record 9.7 million...

FxWirePro: EUR/JPY spikes over 0.50% to hit 3-week high, outlook bullish

Jul 06, 2020 10:18 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was trading 0.50% higher on the day at 121.49 at around 10:00 GMT. The pair has bounced off 21-EMA support, scope for further upside. Stochs are sharply higher, RSI is well above...

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Economy

S. Korea posts record-high forex reserves of $410.75-B

South Koreas foreign exchange reserves reached a record high of $410.75 billion in June, having gained $3.44 billion from May due to profits and investment returns from overseas assets and a weak dollar. The June...

International banks sue Argentine soy crusher for diverting funds

International creditor banks are suing Argentine soy crusher Vicentin of diverting hundreds of millions of dollars and have asked a US court to subpoena records as part of a lawsuit, including wire transfers and bank...

UK finance chief encourages dining out to assist economy

UKs finance minister Rishi Sunak encouraged people to dine out to protect jobs and help the countrys economy. Sunak, whose comments were published on the day the UK reopened its hospitality sector, noted that...

Japanese consumer businesses in S. Korea suffer 71% dip in operating profits

The operating profits of 31 Japanese consumer goods producers in South Korea plunged to 71 percent in 2019 on-year due to a boycott against Japanese products. Sales of the Japanese firms also dipped by 6.9 percent, with...

Emirates issues over $517 million in refunds, more reimbursements expected

Dubai-based carrier Emirates has processed nearly 650,000 refunds amounting to over $517 million over the past two months while operating a decreased number of flights on a limited network. According to Chief Commercial...

Politics

Resignation in protest of Ukraine's ex-central bank chief worries IMF

Yakiv Smoliys resignation in protest as Ukraines central bank chief due to systematic political pressure put at risk the countrys $5 billion economic assistance deal agreed with the International Monetary Fund (IMF) last...

Melania Trump is influential and has a sweet relationship with Donald Trump, Well-know hairstylist claims

Melania Trump has always been rumored to have a cold relationship with her husband, Donald Trump. She is also one of the famous personalities who receives many mean and hurtful comments that attack her character and most...

Donald Trump criticized: Ambassadors sold stocks as POTUS downplayed severity of pandemic

Until today, Donald Trump continues to get criticized for his administrations response to the coronavirus pandemic, and infamously, his own stance towards the pandemic. Recent reports have revealed that several ambassadors...

Donald Trump revelation: Appeals judge partially lifts restraining order blocking publication of niece Mary Trump's book

As Democrats continue to encourage others to register to vote and pushing for mail-in voting in the midst of the pandemic, former vice president Joe Biden hopes to protect the rights of Americans to vote. The Biden...

Donald Trump revelation: Appeals judge partially lifts restraining order blocking publication of niece Mary Trump's book

President Donald Trumps niece Mary Trump is set to publish her tell-all book that sheds more light on the Trump family. Following the temporary restraining order placed on both Mary Trump and publisher Simon Schuster, an...

Science

Scientists say climate change may endanger many fish species

One of the underlying problems the world faces today is climate change, with the rising temperatures and melting ice in the polar regions. Scientists have now warned that the rising temperatures could drive many species of...

Astronomers spot two exoplanets interacting with each other's gravity

To see exoplanets interacting with one another is a very rare occurrence, but it is what astronomers were able to witness recently. Scientists were able to spot two exoplanets interacting with each others gravity deep in...

Expert claims the Bible is historically accurate using archaeological sources

The Bible is the most important set of texts in Christianity, but there has been some debate on whether or not the places and events mentioned in the scriptures are historically accurate. One expert claims that this is the...

SpaceX and NASA may team up again for upcoming Mars mission by 2030

This year marked the successful launch of NASA astronauts into space straight from US soil thanks to the collaboration between the agency as well as the private space agency SpaceX. The collaboration appears to continue...

Archaeologists find skeletal remains of inmates in former NKVD prison

Much like the horrific Holocaust, there was also the regime of Russian dictator Joseph Stalin that led to the imprisonment and killing of thousands of people, with millions more dying under his reign. A recent discovery...

Technology

PlayStation 5: Everything you need to know before Sony drops it in stores

There have been many rumors about PlayStation 5, and in Sonys recent video releases about its newest console, some of the reports were proven to be accurate while others are not. Now, fans want to know more about PS5...

Is the Pixel 4a launch imminent as Google discontinues the Pixel 3a series?

Google is no longer producing Pixel 3a and 3a XL units, reports found this week. The timing is interesting, especially since its successor Pixel 4a has been rumored to be announced this month. Pixel 4a release date in...

iPhone 12 could be delayed by four weeks to a couple of months but until 2021

The COVID-19 pandemic has undeniably rocked the tech world, and Apple was not exempted. A new report offers a more vivid look into the possible delays the company might suffer in terms of releasing the anticipated iPhone...

iOS 14: 4 best security and privacy improvements launching later this year

After countless reports of mobile apps and other entities covertly collecting peoples data through the devices they use, iPhone users should pay attention to the security and privacy features launching on iOS 14. Luckily,...

iPhone SE 2021 will keep the A13 Bionic and that’s fine

Reports have it that the new iPhone SE was planned to arrive in two models this year. However, Apple revived its mid-range smartphone lineup with just one variant last April. Later, there have been claims that the tech...