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FxWirePro: USD/JPY tests strong resistance at 105.50, break targets 50-DMA at 106.33

Jul 14, 2016 09:09 am UTC| Technicals

USD/JPY is testing strong trendline resistance at 105.50, break above could see test of 50-DMA at 106.33 levels. Intraday bias is bullish, Technicals support further upside in the pair, we see scope for test of...

S&P500: 161.8% retracement and bearish divergence

Jul 14, 2016 08:50 am UTC| Technicals

Major resistance 2165 (161.8% retracement of 2114 and 2025) Pattern formed CCI (50) bearish divergence SP500 has made a high of 2163.5 at the time of writing and is currently trading around 2162.5. The...

FxWirePro: GBP/CHF bulls become alert to pull swings back in range - Is sustenance bothering your FX portfolio? “CPS” is the answer

Jul 14, 2016 07:51 am UTC| Technicals

This pair has been oscillating between the range (upper bracket of 1.5572 and lower bracket of 1.2505 levels. Currently, the bulls of this pair seem to be alert the moment when it hits lower range of 1.2505 levels, even...

FxWirePro: 'Cup and Saucer Formation' on AUD/CAD dailies, consolidation likely before next leg higher

Jul 14, 2016 07:15 am UTC| Technicals

AUD/CAD upside halts at stiff trendline resistance by 0.9970, break above needed to resume upside. The pair has broken above 78.6% Fib of 1.0054 to 0.9324 fall, as it extends upside along the Cup...

FxWirePro: USD/ZAR supported just above fresh 2-month low at 14.27, sustain a break below targets 13.68 mark

Jul 14, 2016 07:10 am UTC| Technicals

USD/ZAR is currently trading around 14.34 levels. It made intraday high at 14.49 and low at 14.33 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.66 marks. A daily close...

CAD/JPY trades well above 81, jump till 83/83.80 likely

Jul 14, 2016 06:38 am UTC| Technicals

Major resistance 81 (trend line joining 79.95 and 80.80) Major support 80.47 (Hourly Kijun-Sen) The pair has broken major resistance 81 and jumped till 81.92 at the time of writing. It is currently trading...

FxWirePro:GBP/JPY faces strong resistance at 139.50, good to buy at dips

Jul 14, 2016 06:36 am UTC| Technicals

Minor intraday resistance 138.40 (trend line joining 139.51 and 138.50) Major intraday support 137.70 (200 15 min MA) The pair has broken minor intraday resistance 138.40 and jumped till 138.81 at the time of...

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Economy

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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

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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

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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

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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

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

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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

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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...

Technology

Binance Enhances SHIB, USTC, AGIX Trading and Liquidity for Better Market Dynamics

Binance has announced efforts to enhance liquidity and trading for Shiba Inu (SHIB), USTC, and SingularityNET (AGIX), including tick size adjustments aimed at improving market dynamics and trading experience. Binances...

OpenAI Disbands Team Tackling AI Risks Amid Leadership Changes and GPT-4o Launch

OpenAI has dismantled its Superalignment team, initially formed to address AI risks, following the resignations of key leaders Ilya Sutskever and Jan Leike. OpenAI Disbands Superalignment Team Days After Leaders Resign,...

$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...

Crucial SHIB Warning Goes Out: Fake Airdrop Scams Targeting Community, Here's Reason

The Shiba Inu team has delivered a crucial warning to its community, highlighting the presence of fake SHIB airdrop scams and the importance of safeguarding cryptocurrency assets. Shiba Inu Team Warns Community Against...

Altcoins a ‘Relatively Huge’ Risk as Big Returns Fade, Analysts Warn Investors

Analysts caution that altcoins now represent a relatively huge risk, with the days of massive returns fading. Markus Thielen of 10xResearch suggests the high-reward era is over as crypto market narratives...