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FxWirePro: GBP/JPY takes support near 200 –day MA, good to sell on rallies

Feb 20, 2017 13:47 pm UTC| Technicals

Major resistance - 142.25 (trend line joining 144.78 and 144.69) Major support 139.60 (200- day MA) GBP/JPY has broken major support at 141 and declined till 139.60 on Friday. It has taken support near 200- day...

FxWirPro:GBP/USD takes support near 1.23800, good to buy on dips

Feb 20, 2017 12:30 pm UTC| Technicals

Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2567 (100- day EMA) Cable has once again recovered sharply after making a low of 1.23875 level. It is currently trading around...

FxWirPro: GBP/USD trade idea

Feb 20, 2017 12:21 pm UTC| Technicals

FxWirePro: USD/CHF upside capped by 50% retracement,good to sell on rallies

Feb 20, 2017 11:06 am UTC| Technicals

Major intraday resistance -1.0045 (50% retracement of 1.01187 and 0.99636). Major support 0.99297 (Feb 8th 2017 low). USD/CHF has recovered sharply after making a low of 0.99636 on Feb 16th 2017. The pair jumped...

FxWirePro: EUR/AUD bulls and bears in major trend slide through falling wedge formation, both leading and lagging oscillators in conformity

Feb 20, 2017 09:16 am UTC| Technicals

Please note that the price behavior has been sliding through falling wedge formation which is bearish in nature on both weekly and monthly charts, after breaking major supports at 1.4075 levels, bear streaks have been...

FxWirePro:CAD/JPY downside capped by 61.8% fibo, good to buy on dips

Feb 20, 2017 07:30 am UTC| Technicals

Major support 85.91 (61.8% retracement of 84.86 and 87.72). Major resistance 87.97 The pair has formed a minor top around 87.72 and declined sharply from the high till 85.91. It is currently trading around...

FxWirePro: USD/ZAR stabilizes above 13.00 mark, upside limited

Feb 20, 2017 07:16 am UTC| Technicals

USD/ZAR is currently trading around 13.10 levels. It made intraday high at 13.13 and low at 12.98 levels. Intraday bias remains slightly bullish for the moment. A daily close above 13.05 will take the...

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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

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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

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

Former President Donald Trump reportedly proposed a $1 billion deal to oil executives, offering to end electric vehicle (EV) subsidies in return for campaign funding, according to The Washington Post. This move underscores...

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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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

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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

AI 'Godfather' Warns of Job Displacement, Advocates for Universal Basic Income

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Shiba Inu: Top Analyst Identifies Coin as 'Potential Gold Mine'; Price Analysis Suggests 35% Upside

Top analyst Davie Satoshi sees Shiba Inu (SHIB) as a potential gold mine; price analysis predicts a 35% upside. Key Pattern in SHIBs Price Chart The Shiba Inu (SHIB) memecoin has caught the eye of many analysts....

Tesla Cybertruck Powers Houston Gas Station, Elon Musk Reacts to Saudi Prince’s Photo

A TikTok video showed a Tesla Cybertruck powering a Houston gas station after a tornado, while Elon Musk responded to a photo of a Saudi prince with a Cybertruck. Cybertrucks Real-World Test Connecting to a Tesla...

Shanghai's Data Policy Shift Could Propel Tesla's Local Data Center Efforts

Shanghais new data-export policy could accelerate Teslas plans to build a local data center, enhancing its artificial intelligence (AI) development for autonomous driving. Chinas Regulatory Update As China attempts...

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...