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FxWirePro: CHFJPY hits 1-year high, jump till 114 likely

Jan 13, 2020 09:39 am UTC| Technicals

Ichimoku Analysis (4 Hour Chart) Tenken-Sen- 112.51 Kijun-Sen- 112.01 CHFJPY is trading higher for 5th consecutive days after forming a minor bottom around 110.89. The trade deal optimism and easing of...

Crypto Technicals: XRP/USD finds stiff resistance at 55-EMA, bias neutral

Jan 13, 2020 08:56 am UTC| Digital Currency Technicals

XRP/USD chart - Trading View Exchange - Kraken Technical Analysis: Bias Neutral GMMA Indicator: Major Trend - Bearish; Minor Trend - Neutral Overbought/ Oversold Index: Neutral Support: 0.2085 (200H MA);...

FxWirePro: EUR/JPY Interim Bulls Eye On Rising Wedge Support & Bears in Major Trend Active In Channel Resistance – Trading & Hedging Setup

Jan 13, 2020 08:29 am UTC| Technicals

EURJPYsminor trend has been travelling through ascending wedge so far, (refer daily plotting). While the major trend slides in the sloping channel (refer weekly chart), the channel breakout and the sustenance seem to be...

FxWirePro: Gold Daily Outlook

Jan 13, 2020 07:50 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- $1561 Kijun-Sen- $1535.20 Gold continues to trade weak after a massive rally till $1611 on Jan 8th, 2020 on US-Iran escalation. The yellow metal has lost its...

FxWirePro: USD/INR hits fresh 3 – week low at 70.63 mark, downside limited

Jan 13, 2020 07:23 am UTC| Technicals

USD/INR is currently trading around 70.80 marks. It made intraday high at 70.90 and low at 70.63 marks. Intraday bias remains slightly bearish till the time pair holds key resistance at 70.90 mark. Key...

Outlook

Jan 13, 2020 06:32 am UTC| Technicals

Previous Week The Yen, gold and oil declined sharply after a massive jump in the previous week on an escalation of US-Iran tensions. Iran retaliated by striking missile US forces in Iraq at al-Asad and Erbil. US...

Crypto Technicals: BTC/USD pauses at 23.6% Fib, upside intact as long as pair holds above 110-EMA (8013)

Jan 13, 2020 06:27 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Technical Analysis: Bias Bullish GMMA Indicator: Major Trend - Bearish; Minor Trend - Bullish Overbought/ Oversold Index: Neutral Support: 8013 (110-EMA);...

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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

Binance CEO Discloses $150 Million Bribe Amidst Tensions with Nigerian Government

Binance, the renowned cryptocurrency exchange, disclosed that Nigerian government authorities demanded a staggering $150 million in bribes to quell legal actions against its executives, igniting a fierce dispute between...

Hong Kong Central Bank Leads Initiative to Explore Asset Tokenization Advancements

The Hong Kong Monetary Authority (HKMA) has spearheaded the formation of a specialized community to explore asset tokenization. Partnering with various industry players and regulators, this initiative seeks to drive...

Shiba Inu Lead Shytoshi Kusama Unveils Mysterious 'Evita' Teaser, Sparking Frenzy

Shytoshi Kusama, the elusive figure at the helm of the renowned cryptocurrency Shiba Inu (SHIB), has set tongues wagging with a cryptic teaser shared across social media platforms. The enigmatic message features the word...

Amazon Opens Online Shopping for South African Customers

Amazon has finally arrived in South Africa. With its launch in the region, Jeff Bezos e-commerce platform is expected to compete with the leading local online shopping player, Takealot.com. The American e-commerce giant...

Apple Embarks on AI Chip Development for Data Center Capabilities

Apple Inc. is set to transform the tech landscape with its newly developed AI chip, tailored specifically for data center operations. Dubbed Project ACDC, this initiative marks a significant leap in server technology,...