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Mon, May 20, 2024 02:17 PM All times are UTC

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FxWirePro: EUR/USD key resistance at 1.0688, downside prevails in the short term

Dec 02, 2015 14:55 pm UTC| Technicals

The pair slipped lower in the early European session after Eurozone CPI figures printed negative figures, and further bearish pressure was exerted towards 1.0580 levels, after the US ADP Employment data printed positive...

FxWirePro: USD/JPY key support at 122.58, buy deal are recommended around 122.70

Dec 02, 2015 14:41 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting minor support level at 123.09 to trade around 123.35 levels, currently the pair is approaching to test support level at 123.37. The support level at 122.60 is set to hold...

FxWirePro: USD/CHF key support at 1.0242, bullish in the short term

Dec 02, 2015 14:29 pm UTC| Technicals

The USD/CHF pair rallied initially towards 1.0292 levels after ADP Employment data from US market printed positive figures, However after the market stabilized from the impact of the data release, the pair is turned back...

GBP/JPY Trade idea

Dec 02, 2015 12:18 pm UTC| Technicals

Harmonic Pattern Formed- Anti Shark pattern Potential Reversal Zone (PRZ) - 186.05 The pair retreated till 185.16 after making a high of 186.02 yesterday. Short term trend is still weak as long as resistance...

Intra Day Trend Reversal Levels For Major Pairs

Dec 02, 2015 12:12 pm UTC| Technicals

The trend reversal levels for major pairs such as EUR/USD,USD/JPY,USD/CHF and GBP/USD for the intraday are...

FxWirePro: GBP/JPY forms Bearish Anti Shark pattern, good to sell on rallies

Dec 02, 2015 10:52 am UTC| Technicals

FxWirePro: Leading indicators lead Euro’s collapse – mammoth volumes confirm bear trend

Dec 02, 2015 10:24 am UTC| Technicals

Euro has been collapsing from the peaks of May 2014, slid almost more than 88.6% Fibonacci levels from the recent bottoms. Although we could notice some stability was seen from April15 but still there is no significant...

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Economy

Interest rates: the ugly dilemma facing Europe’s central banks – and why it’s a mistake to cut too soon

Central banks in Europe are discovering an old dilemma: when they lower interest rates because inflation is slowing down, its likely to weaken their currencies. This in turn may delay the fall in inflation towards their...

Europe is still in short-term crisis mode over Ukraine and lacks a vision for its post-war identity

Some believe that the war in Ukraine has fundamentally changed Europe, giving birth to a different kind of European order. That is, it appears to be driving structural shifts in the way Europe is run and organised that...

Mortgage prisoners: regulatory changes and low credit scores have left thousands trapped in a cycle of high payments

There are 8.5 million households in the UK who own a home with a residential mortgage, often with fixed interest rates from two to five years. Usually, when that mortgage deal ends, the borrower will move to another deal...

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...

Politics

Gabon: post-coup dialogue has mapped out path to democracy – now military leaders must act

At the end of April 2024, a long and peaceful process of national dialogue in Gabon between the military junta, presided over by coup leader General Brice Oligui Nguema, and civil society, represented by 580 civilians,...

How German media attention idealises female Ukrainian refugees

According to the latest available data, around 3.7 million Ukrainians are internally displaced, while nearly 6.5 million have registered as refugees globally. With 1.13 million, Germany has taken in the largest...

Over 26 million South Africans get a social grant. Fear of losing the payment used to be a reason to vote for the ANC, but no longer – study

Social grants to reduce poverty feature prominently in the campaign promises of political parties in South Africas 2024 national and provincial general elections, set for 29 May. The countrys social grants system is one...

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...

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

Shiba Inu Burn Rate Skyrockets 579%, 9.83 Million Tokens Burned in One Day

Shiba Inus burn rate surged by 579% in the past 24 hours, destroying 9.83 million tokens, according to Shibburn. The significant increase in token burns has caught the markets attention, with substantial transactions from...

Tesla Cybertruck Trails Ford F-150 Lightning in Sales as Q1 Figures Disappoint Wall Street

New registration data reveals that the Tesla Cybertruck ranked second to the Ford F-150 Lightning in March. Meanwhile, Teslas Q1 sales missed Wall Street expectations, marking the first year-over-year quarterly decline...

Bitcoin Developers Tease Major Trigger for Next Bull Run: Programmability Upgrade

Bitcoin developers suggest enabling programmability on the blockchain could be the key trigger for the next bull run, following the SECs approval of spot Bitcoin ETF trading and the BTC halving. Developers Eye...

Top 3 Altcoins to Watch This Week: SOL, FTM, and LINK Set for Growth

This week, market experts spotlight Solana (SOL), Fantom (FTM), and Chainlink (LINK) as top altcoins to watch, highlighting their unique strengths and recent performance amid unusual market patterns. Solana Overcomes...

Ripple Warns: Math Prof Predicts Quantum Threat to Blockchain, Urges Crypto Key Overhaul

Ripple recently highlighted a warning from Professor Massimiliano Sala, urging the crypto industry to replace current public-key cryptosystems due to vulnerabilities exposed by advancing quantum technology. Professor...