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FxWirePro: EUR/USD trades lower on rising US bond yields, good to sell on rallies

Apr 20, 2018 12:25 pm UTC| Technicals

EUR/USD is trading weak during European session and declined almost more than 50 pips on account of rising US 10 year bond yields. The weak of Eurozone also supporting dollar price rise. The yield difference between US 10...

FxWirePro: USD/CHF trade Idea

Apr 20, 2018 11:51 am UTC| Technicals

USD/CHF was trading higher and jumped more than 70 pips. It hits fresh 3- month high at 0.97414. The Swiss franc was trading weak against all pairs as SNB Chairman Jordan said in interview that the depreciation of Swiss...

FxWirePro: ETH/EUR hovers around 55-EMA at 472, decisive break above could see further upside

Apr 20, 2018 11:17 am UTC| Technicals Digital Currency

ETH/EUR extends break above 55-EMA at 472, bias higher. The pair is trading with a bullish momentum and decisive close above 55-EMA could see further upside. Next major resistance on the upside is seen at 23.6%...

FxWirePro: XRP/USD trades well above 200- day MA, jump till $1 likely

Apr 20, 2018 11:08 am UTC| Technicals

Ripple is continuing its bullish trend for third consecutive days and from yesterdays low pair has jumped almost 25%. The pair broken major resistance at 0.7450 (200- day MA) and jumped till 0.8814. The pair formed almost...

FxWirePro: Gold bears pop up at rising wedge resistance with shooting star and hanging man patterns – Buy tunnel spreads to on rallies and long hedge

Apr 20, 2018 10:38 am UTC| Technicals Insights & Views

The gold (XAUUSD) has been spiking through rising wedge pattern which is bullish in nature, you could see bears popping up at wedge resistance with back-to-back shooting stars formations (see the circled area on weekly...

FxWirePro: USD/CHF trades higher after SNB Chairman Speech, good to buy on dips

Apr 20, 2018 10:36 am UTC| Technicals

USD/CHF was trading higher and jumped more than 70 pips. It hits fresh 3- month high at 0.97414. The Swiss franc was trading weak against all pairs as SNB Chairman Jordan said in interview that the depreciation of Swiss...

FxWirePro: AUD/CHF falters at 200-DMA, 'Bearish Bat' formation raises scope for downside

Apr 20, 2018 10:30 am UTC| Technicals

AUD/CHF fails to extend gains above 200-DMA, retraces from 3-month highs at 0.7567. The pair has broken below 5-DMA and price currently is holding support at daily cloud. We evidence a Bearish Bat formation on...

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Economy

What should you do if you can’t pay your rent or mortgage?

The cost of living crisis is making it difficult for many people to pay their bills, including housing costs. Private sector rents have increased by an average 9% over the year to February 2024, and rising interest rates...

Reducing energy demand and improving efficiency will help prevent the next gas crisis

Gas prices have relaxed, Europe has come out of the winter with record gas storage levels and a surfeit of liquefied natural gas is set to reach the shores of Europe over the coming years. Many commentators are hopeful...

Minimum wage for South African farm workers: study shows 2013 hike helped reduce poverty even though compliance was poor

Minimum wage policies are typically aimed at reducing poverty. Yet there is little direct evidence of this effect, especially in developing countries. And none for South Africa. In a recent paper, we consider the...

Gas is good until 2050 and beyond, under Albanese gas strategy

The Albanese government is talking up the crucial role of gas as a transition fuel through to 2050 and beyond. In a gas strategy to be released on Thursday, the government envisages the fuels uses would change over...

South Africa’s plan to move away from coal: 8 steps to make it succeed

The South African governments Just Energy Transition Implementation Plan was launched in November 2023. It is a roadmap guiding the country away from reliance on coal-fired power towards renewable energy alternatives by...

Politics

US Supreme Court upended decades of precedent in 2022 by allowing voters to vote with gerrymandered maps instead of fixing the congressional districts first

For the 2022 midterm elections, the U.S. Supreme Court allowed Alabama to use congressional districts that violated the law and diluted the voting power of Black citizens. A 5-4 vote by the Supreme Court in February...

Germany lowers voting age to 16 for the European elections

Ahead of the European parliament elections in June, Germany has lowered the age limit on participation to 16. This makes it the largest of just a handful of states in the EU to allow people under the age of 18 to vote....

South Africa will be president of the G20 in 2025: two much-needed reforms it should drive

South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global...

What early 2024 polls are revealing about voters of color and the GOP

By the end of winter 2024, the return of Donald Trump to the top of the GOP presidential ticket has revealed a surprising trend in the former presidents base of support: his increasing popularity among Black and Latino...

Science

Is dark matter’s main rival theory dead? There’s bad news from the Cassini spacecraft and other recent tests

One of the biggest mysteries in astrophysics today is that the forces in galaxies do not seem to add up. Galaxies rotate much faster than predicted by applying Newtons law of gravity to their visible matter, despite those...

Why are algorithms called algorithms? A brief history of the Persian polymath you’ve likely never heard of

Algorithms have become integral to our lives. From social media apps to Netflix, algorithms learn your preferences and prioritise the content you are shown. Google Maps and artificial intelligence are nothing without...

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...

Technology

CPI Report Spurs Optimism, BlackRock CIO Forecasts Fixed Income Growth

The release of the U.S. The Consumer Price Index (CPI) report provided a wave of relief to the financial markets. This signaled a possible reduction in inflationary pressures. Rick Rieder, Chief Investment Officer of...

Over 50 Million USDT Blacklisted by Tether Amid Regulatory Scrutiny, Details Inside

Tether has blacklisted five wallets holding 54.1 million USDT, amidst increasing regulatory scrutiny and past enforcement actions. Tether Blacklists Five Wallets Holding 54.1 Million USDT Amid Ongoing Regulatory...

Altcoins Expected to Yield 2x-5x Gains by May End: Fetch.AI, Floki, AAVE, ENA

The latest climb in Bitcoins price beyond $65,000 on Wednesday sparked a new relief rally in the cryptocurrency market. Top altcoins are also profiting from the upward momentum, recovering from recent downturn tendencies....

US Orthodontic Leader Accepts Shiba Inu, Embracing Cryptocurrency for Payments

Shiba Inu, the popular meme coin, is experiencing a period of growth and increased utility. Amoré Orthodontic Aligners, a company that specializes in orthodontic care, recently announced that it will now accept SHIB...
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