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Sat, May 18, 2024 05:33 AM All times are UTC

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FxWirePro: CHF/JPY daily outlook

Mar 05, 2018 09:33 am UTC| Technicals

Major Support 112.50. CHF/JPY is trading weak for the past four week after forming a temporary top around118.55. It has declined more than 600 pips and is currently trading around 112.75. The pair recovered almost 50...

FxWirePro: AUD/JPY closes below weekly cloud and 100W SMA, scope for further downside

Mar 05, 2018 09:12 am UTC| Technicals

AUD/JPY has closed below weekly cloud and 100W SMA in last weeks trade. Technical indicators on weekly charts are highly bearish. RSI weakness seen at 33 levels with room for further downside. Momentum studies on...

FxWirePro: EUR/NOK back above 9.60 mark, Norway’s house price index data in focus

Mar 05, 2018 08:14 am UTC| Technicals

EUR/NOK is currently trading at 9.6124 levels. It made intraday high at 9.6168 and low at 9.5788 levels. Intraday bias remains bullish till the time pair holds key support at 9.5835 mark. A sustained close...

FxWirePro: BTC/EUR consolidates break above channel top, bullish momentum studies keep scope for further upside

Mar 05, 2018 07:59 am UTC| Technicals Digital Currency

BTC/EUR is extending consolidation of break above channel top, bias higher. The pair trades with bullish momentum which keeps scope for further upside. Price action is above major EMAs and is extending gradual...

FxWirePro: USD/ZAR hovers around fresh 3-week high at 12.02 mark, sustained close above requires for upside rally

Mar 05, 2018 07:34 am UTC| Technicals

USD/ZAR is currently trading around 12.00 levels. It made intraday high at 12.02 and low at 11.88 levels. Intraday bias remains bullish till the time pair holds key support at 11.82 mark. A daily close...

FxWirePro: EUR/NZD hammer counters previous bearish swings, bulls spike above DMAs and EMAs – Trade one touch binaries and long hedge

Mar 05, 2018 07:01 am UTC| Technicals

Chart pattern formed- Hammer pattern candlestick and rising channel (on weekly plotting) and double bottom pattern with bottom 1 at 1.3881 and 1.4534 levels (on monthly plotting). The double bottom pattern helps in...

FxWirePro: GBP/JPY takes support near trend line, good to buy on dips

Mar 05, 2018 06:45 am UTC| Technicals

GBP/JPY has shown a minor jump after three days of continuous weakness. The pair jumped nearly 100 pips from the low of 144.98. The pair minor recovery only due to short covering. It is currently trading around...

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Economy

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

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

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Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

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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

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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

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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

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

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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...

Technology

Skechers Sales Surge as Growth Lags for Nike and Adidas; Nike Eyes 2024 Olympics

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$73M Crypto Scam: Two Foreign Nationals Arrested for 'Pig Butchering'

The Justice Department prosecuted two Chinese nationals on Friday in a cryptocurrency scam that laundered at least $73 million from deceived victims. Defendants Allegedly Used Shell Corporations to Launder Funds Through...

Tether's $1B USDT Mint Boosts Bitcoin, Eyes on $70K Milestone

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