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FxWirePro: CHFJPY holds well above 113 level, jump till 114.50 likely

Jan 14, 2020 11:40 am UTC| Technicals

Ichimoku Analysis (8Hour Chart) Tenken-Sen- 112.83 Kijun-Sen- 112.22 As per our analysis, CHFJPY continues to trade higher and jumped more than 100 pips this week. It has recovered sharply more than...

FxWirePro: CAD/JPY Hammer At Trendline Support Disregards Gravestone Doji, Major Trend Through Trendline Resistance

Jan 14, 2020 11:20 am UTC| Technicals

CADJPYmajor trend has been sliding through downtrend line (weekly chart) and minor trend is spiking with uptrend line (refer daily chart). Bulls have tested uptrend line support with hammer and bullish engulfing patterns,...

Crypto Technicals: BCH/USD attempts 200-DMA breakout, technical studies turn bullish

Jan 14, 2020 10:46 am UTC| Digital Currency Technicals

BCH/USD chart - Trading View Exchange - Coinbase Technical Analysis: Bias turning Bullish GMMA Indicator: Major Trend - Turning bullish; Minor Trend - Strongly bullish Overbought/ Oversold Index:...

FxWirePro: USD/TRY halts 4-day losing streak, intraday bias bullish

Jan 14, 2020 10:38 am UTC| Technicals

The Turkish Lira retreated from a 4-week peak despite better-than-expected retail sales and industrial production. Turkeys retail sales surged 18.5 percent year-on-year in November, following an upwardly revised 14.2...

FxWirePro: EURUSD struggles to break above 1.11500, markets eye US CPI data

Jan 14, 2020 10:15 am UTC| Technicals

Major resistance - 1.11780 EURUSD has halted its a minor jump of nearly 60 pips from low of 1.10851 amid US-China trade optimism. The sentiment got lifted after the US has removed China from the currency manipulator...

FxWirePro: EUR/SEK hovers towards 7-week peak on Sweden's soft household consumption

Jan 14, 2020 10:07 am UTC| Technicals

The Swedish Krona eased, drifting closer to a 7-week low hit in the previous session following soft household consumption data. Swedens household consumption was unchanged in November, following a downwardly revised...

FxWirePro: USDCHF hits 1-week low, any break below 0.9645 targets 0.9540

Jan 14, 2020 09:41 am UTC| Technicals

Ichimoku Analysis (Hourly chart) Tenken-Sen- 0.97071 Kijun-Sen- 0.97145 USDCHF trades lower and lost more than 25 pips from an intraday high of 0.97129. The overall trend is still in bearish mode and...

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Economy

Nigerians throw naira notes around to show love: but it could land you in jail

The legal implication of physically damaging the naira, Nigerias currency, came into focus recently with the prosecution of at least two celebrities by the countrys Economic and Financial Crimes Commission. Nigeria has a...

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget

With Jim Chalmerss third budget on May 14, Australians will be looking for some more cost-of-living relief beyond the tax cuts although they have been warned extra measures will be modest. As this weeks consumer price...

Politics

Sudan’s civil war is rooted in its historical favouritism of Arab and Islamic identity

The current civil war in Sudan goes beyond a simple power struggle between two generals. It reflects a deep-rooted crisis within the countrys governing structure thats been present since it gained independence from the...

South Africa’s youth are a generation lost under democracy – study

South African president Cyril Ramaphosa recently painted a rosy picture in which the countrys youth democracys children had enormous opportunities for advancement, all thanks to successive post-apartheid governments led...

Sadiq Khan on track for third term as London mayor – but nearly half of Londoners dissatisfied with performance

Polls have consistently shown that the incumbent mayor of London, Sadiq Khan, appears to be on track to win a third term in office at the upcoming mayoral elections on May 2. One poll we commissioned as part of our...

The politics stopping the UK from opening a youth mobility scheme with Europe

Earlier this week, it seemed possible that young people in the UK might soon be able to travel freely to work and live in Europe again. The European Commission laid out proposals to open mobility to millions of 18- to...

Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

Most American workers are hired at will: Employers owe their employees nothing in the relationship except earned wages, and employees are at liberty to quit at their option. As the rule is generally stated, either party...

Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

About a trillion tiny particles called neutrinos pass through you every second. Created during the Big Bang, these relic neutrinos exist throughout the entire universe, but they cant harm you. In fact, only one of them is...

The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

Dark matter: our new experiment aims to turn the ghostly substance into actual light

A ghost is haunting our universe. This has been known in astronomy and cosmology for decades. Observations suggest that about 85% of all the matter in the universe is mysterious and invisible. These two qualities are...

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Switch Successor Announcement Expected Before Next April, Nintendo States

Nintendo has stated that it will officially introduce the Switch replacement system within this fiscal year before March 31, 2025. Upcoming Nintendo Direct Focuses on Current Switch Games Nintendo president Shuntaro...

Marathon Digital Soars 18% on News of S&P SmallCap 600 Inclusion

Marathon Digital, a leading Bitcoin miner, is set to join the SP SmallCap 600, propelling its shares up by 18%. Announced to replace Aaon in the index on May 8, the move reflects Marathons growing influence in the...

Bitcoin Hits New Highs, 200-Day Moving Average Reaches Record $50,178

Bitcoins 200-day moving average has surged to a record $50,178, marking a historic peak for the cryptocurrency. According to Anthony Pompliano and recent market data, Bitcoin is as strong as ever, maintaining a bullish...

Rivian Eyes Apple Partnership After Landing $1.5M per Job Government Boost

In a striking turnaround from its near-collapse, Rivian Automotive is now in discussions for a potential partnership with Apple. This comes after securing a whopping $1.5 million per job created in government incentives,...

NVIDIA & AMD Secure TSMC’s CoWoS Supply Through 2025 Amid AI Boom

AMD and NVIDIA have reportedly locked in all of TSMCs Chip-on-Wafer-on-Substrate (CoWoS) manufacturing capacity for the next two years. This strategic acquisition aims to propel their respective advances in artificial...