Weekly Focus on the US Dollar Index
The US dollar showed its financial Strength last week, consequently ending a two-week losing streak.To get more news about WikiFX, you can visit wikifx official website.
Adding 0.7 percent, buyers navigated from daily demand at 92.71/93.14
at the beginning of the week and eventually revisited a daily trendline
formation (102.99), a level linked with a small area of daily supply at
94.08/93.84. Traders will also note the RSI oscillator is seen closing
in on trendline resistance (prior support).
Bringing down the aforesaid resistances this week establishes a basis
for buyers to target daily resistance from 94.65 and even the
longer-term daily resistance level at 95.83.
With respect to the
200-day simple moving average, circling 96.84, the dynamic value
continues to curve lower, two years after mostly drifting higher.
In the context of trend, previous research highlighted the following:
· A large-scale pullback since March 2008 from 70.70 is seen on the monthly timeframe (primary trend is considered south).
· The daily timeframes immediate trend has also faced lower since
March 2020. Breaking the noted resistances this week, however, suggests a
deeper pullback could be in the offing.August, as you can see, toppled
supply from 1.1857/1.1352 and extended space north of long-term
trendline resistance (1.6038), arguing additional upside may eventually
be on the horizon, targeting trendline resistance (prior support –
1.1641).
Before seeking higher territory, a dip to the recently
penetrated trendline resistance (support) could materialise, backed by
Septembers monthly outside bearish reversal candle that snapped a
four-month winning streak.
The primary downtrend (since July 2008) remains intact until 1.2555 is engulfed (Feb 1 high [2018]).
Bullish Momentum Breaches Strong Resistance Area
Very strong
bullish momentum push by market participants during yesterday trading
session broke past a major resistance area and a major pivot level that
hold fort as since the start of the second half of this year. The strong
price action move up did touch the 200 day moving average.To get more
news about WikiFX, you can visit wikifx official website.
Starting this month trading session, price action remained bullish as
market speculators traded above the 50 moving average holding as
dynamic support band.
Traders’ sentiment is still bullish as price
shot up past the price handle level of 1.67, nevertheless, the 200 M.A
is flat and we may expect a little bit of consolidation wave around it
as price zones level around 1.675 was a previous supply zone area and
can expect a bit of short sell.
Bullish market participants may wait for a retest of both last week
trading session highs if looking for good risk : reward trade idea and
limit order setups for this pair.Jasper Njuguna is a self-taught
discretionary financial markets trader. With cumulative 5 years’
experience trading the markets and out of which, one and a half years of
that as a prop trader, trading large and mid-cap American equities at
one of the DAY TRADE THE WORLD offices.
Prior to switching career
interest to trading, I have 9 years of experience in senior management
roles driving small to large business development and B2B relations in
creating and implementing; learning & development solutions,
programs, organizational strategies & frameworks, and blended
learning approaches for companies and institutions in Africa.
Trend of Sterling During the Key Period of UK-EU Negotiations
After
the EU‘s chief negotiator Michel Barnier had a 12-hour tunnel talk with
the UK last Friday, British Prime Minister Boris Johnson’s official
spokesman stated that although some progresses had been made, it is a
pity that both sides did not reach an agreement due to some divergences.
The EU hoped that the UK can make more concessions to reach the trade
agreement that has been discussed for a long time.To get more news about
WikiFX, you can visit wikifx official website.
The financial market seems to believe that both sides will reach an
agreement, which brought a continuous rebound sterling. Hence, GBP/USD
rallied to 1.3049 from 1.2675 recorded on September 23th, showing no
worry about the UKs hard brexit in the financial market. Johnson said
last week that according to an ultimatum, if the agreements are not
likely to be reached before October 15th, the UK will terminate the
negotiation completely and plan to brexit without trade agreements.
It is believed that the EU will file a suit against the UK on its
internal market bill, so more attention should be paid in the next few
days. And sterling is supported by the easing atmosphere in the
negotiation. If sterling keeps rebounding, there would be a dramatic
turning point that the final trading agreement is signed between the UK
and EU. However, be careful that the good news may bring more attention
in addition to some risks. The latest economic data released by the UK
seems very bad, and its future data is expected to be worse due to the
second round of COVID-19 outbreak.
Therefore, the Bank of England
is more likely to impose negative interest rates or strong quantitative
easing. It is estimated that some senior traders will seize the chance
to sell in the market, and sterling may drop from a high level under the
pressure. If the good news comes, sterling may challenge the upward
resistance level of 1.3186-1.3267. So investors should be careful about
buying at the level area. Meanwhile, sterling is set to fall to the
level of 1.28 due to the possible hype based on the negative news in the
market.
A lucky lottery player in New Jersey has won a $202 million jackpot, officials announced Wednesday.Get more news about 牛博棋牌包网,you can vist nb68.com
The Quick Stop Food Store in Edison sold the winning Mega Millions ticket for Tuesday's drawing.
The jackpot, the first won by a Mega Millions player in 2020, has a cash value of $142 million, New Jersey Lottery Executive Director James Carey said.Carey presented a ceremonial $30,000 bonus check to the Quick Stop Food Store owner at a news conference Wednesday.
But the big winner won't have to show his or her face to the world: New Jersey Gov. Phil Murphy signed a new law in January which allows lottery winners to stay anonymous.The winner has not yet come forward and has one year to do so.
Carey urges the winner to "sign the back of that ticket right away."
"Put it in a safe place," he added, "and then go out, talk to your family, talk to your attorney, talk to a financial adviser, come to us and claim that ticket."
The coronavirus pandemic has been a rollercoaster for state lotteries across the country, with some getting a boost from the economic downturn and others scrambling to make up for revenue shortfalls.Get more news about 牛博彩票包网,you can vist nb68.com
Since March, Texas, Arkansas and Montana and several other states have seen an increase in sales, in part, driven by housebound residents putting cash down for scratch-off tickets. But lottery officials say other states, like Massachusetts and Oregon, confronted revenue drops due to stay-at-home orders that forced the closure of restaurants, bars and some retailers selling tickets.Some also blamed a lack of an online presence, something only a handful states currently allow.
“We got used to lottery as a constant companion supporting the system and it was a gut punch to realize we don’t have the time to react,” said Chris Havel, spokesperson for Oregon Parks and Recreation, which laid off 47 people and closed more than two dozen parks due to a $22 million projected budget shortfall through next year driven in part by a drop in lottery revenues.
State lottery revenues do not make up a huge portion of a state budget. But because the monies are often directed to specific programs like education, environment or veterans programs, they can have an outsized impact when there are upticks or declines in sales.
Massachusetts Treasurer Deborah Goldberg told lawmakers in April that the lottery was hobbled by the closure of claims centers and the lack of an online presence — something that helped neighboring New Hampshire and several other states attract new players. Currently, at least nine states allow online lottery sales, according to the North American Association of State & Provincial Lotteries.
“This pandemic has dramatically exposed the limitations and vulnerabilities of the Lottery’s all-cash, in person business model,” Goldberg said.
The pandemic and the subsequent economic downturn were expected to be a good thing for lottery sales. Past studies have shown a correlation between a rise in unemployment and increase in lottery sales — a trend that prompted an anti-gambling group to unsuccessfully call for states to shut down their lotteries until the coronavirus pandemic ended.
“We have known for some time that people end up playing the lottery more often or with more of their dollars when they get put in dire circumstances, when they have a drop in income,” said Cornell University business professor David Just, who has studied lottery purchases.
A New York attorney who dubbed himself the "Lottery Lawyer" was charged in a million-dollar scheme involving three other men, including an accused mafia member who allegedly helped him siphon funds to support their own lavish lifestyles, prosecutors said.Get more news about 菲律宾牛博包网,you can vist loto98.com
Jason "Jay" Kurland, once considered the go-to lawyer for jackpot winners, was charged with conspiracy, wire fraud and money laundering in connection with an alleged $107 million scheme to defraud unassuming clients, including the winners of multibillion-dollar jackpots, according to a federal indictment unsealed Tuesday.
The victims were not identified by name, but prosecutors said they included the winners of a $1.5 billion Mega Millions jackpot, a $245 million Powerball jackpot and a $150 million Powerball jackpot."Lottery winners can't believe their luck when they win millions of dollars, and the men we arrested this morning allegedly used that euphoric feeling to their advantage," FBI Assistant Director-in-Charge William Sweeney said in a statement.
The alleged victims each paid Kurland and his firm hundreds of thousands of dollars for investment advice, according to the statement.After gaining their trust with primarily traditional investments, Kurland steered his clients to invest in various entities and business deals controlled and directed by three co-defendants, one of whom is a reputed Gambino family mobster, according to federal prosecutors in Brooklyn.
"The FBI New York discovered how these victims were persuaded to put large chunks of their cash into investments that benefited the defendants," Sweeney said. "Rather than try their luck at the lottery, these men resorted to defrauding the victims to get rich -- but their gamble didn't pay off."
Francis Smookler, Frangesco Russo and former securities broker Chirstopher Chierchio received kickbacks, which Kurland allegedly failed to disclose to his clients, according to prosecutors.
In what most people would consider a lucrative mistake, a Detroit-area man who accidentally bought an extra lottery ticket has won two $1 million jackpots.Get more news about 棋牌包网,you can vist loto98.com
Samir Mazahem, 56, of Dearborn Heights said he was saving numbers on a lottery app after buying a $2 ticket for the June 9 Mega Millions game. He then realized that he had purchased a second ticket with the same numbers.
“I was a little bummed but didn’t think much about it,” Mazahem said.Until he recently logged onto the app and found he had two $1 million winners.
“I couldn’t believe it was real," Mazahem said. "It took several days for the reality to set in that my mistake had paid off to the tune of $2 million!”He recently claimed his prize and plans to buy a new house and save the rest.
Someone in Ohio is going to have a wonderful life!Get more news about 包网公司,you can vist loto98.com
A winning Mega Millions ticket worth $372 million was sold at a Giant Eagle supermarket in Mentor, a suburb of Cleveland. The winning numbers drawn on Tuesday, just eight days before Christmas, were: 22-30-53-55-56 +16.
It’s the 20th Mega Millions jackpot ticket sold in Ohio since the Ohio Lottery began selling Mega Millions in 2002.
The ticket holder used the auto lotto feature to purchase the winning ticket. For the jackpot win, Giant Eagle will receive a $100,000 selling bonus.
The Ohio Lottery last hit the Mega Millions jackpot May 4, 2018. That ticket, worth $142 million, was sold in Moraine. The ticket holder chose the cash option prize equivalent and claimed the prize in trust.
World of Warcraft is the most successful MMO ever made. That’s not an exaggeration and it’s no small feat. Blizzard has kept this (mostly) great game alive with nearly 16 years of additional content, whether that be in the form of expansions revolving around novel worlds or patches that add brand new dungeons and raids.To get more news about buy WoW Classic gold cheap, you can visit lootwowgold official website.
And soon, we’ll be getting our hands on Shadowlands, Blizzard’s upcoming effort to shift the state of the game with a handful of bold mechanics. Be sure to also check out our World of Warcraft: Shadowlands beta impressions.
For all you fellow WoW nerds out there, here’s everything you need to
know about World of Warcraft: Shadowlands, including details on its
release date, gameplay, zones, customization, and level squish.
At Gamescom Opening Night Live, we were given the release date for World
of Warcraft: Shadowlands. It was originally announced that we can
expect to play Shadowlands on October 27. However, the game was delayed
indefinitely and we were unsure when we'd see it again... until now.
The official World of Warcraft Twitter recently announced that Shadowlands would be coming out on November 23. This is nearly a month after its originally expected launch date. Hopefully, it doesn't get delayed again.
Furthermore, the pre-patch event is coming November 10, so be sure to hop into the game to experience a taste of what Shadowlands has to offer.One of the big changes coming to World of Warcraft: Shadowlands is its addition of Covenants, which let players pledge their allegiance to a specific group in order to be rewarded with unique armor sets, special abilities, cosmetics and more. The four covenants are Kyrian (angelic guardians), Necrolords (undead necromancers), Night Fae (fairies attuned with nature) and Venthyr (gothic vampires).
One of the most exciting aspects of Covenants is that it will allow players to Soulbind specific characters within them. This system gives us access to new skill trees that provide a handful of special bonuses and abilities. These bonuses can be both combat-based or practically used within the world. A skill like "Travel with Boop" allows the player to increase their movement speed for a few minutes if they remain still for a long enough period of time.
Games giant Blizzard has kicked over 74,000 players from World of Warcraft Classic for cheating.To get more news about buy gold WoW Classic, you can visit lootwowgold official website.
In a post on the game's website, community manager Randy "Kaivax" Jordan wrote that the developer had closed or suspended more than 74,000 accounts that were violating the title's End-User License Agreement.
Jordan said that the majority of these bans were the result of players cheating but using bots.
"While today’s suspensions were applied in a batch – often referred to as a 'banwave' – it is a top priority for us to identify accounts that are botting and remove them," Jordan wrote.
"Our team works around the clock, every day of the week, and many of the suspensions and account closures over the last few months have gone out in the middle of the night, or on weekends.
"Like you, we play World of Warcraft. We understand what it’s like to spot a player in-game who appears to be botting. We always want to eliminate the botting player, if it can be proved that they are indeed cheating. And that raises a big difficulty in addressing this issue – we have to prove to ourselves that the accused player is not a person who’s actually controlling a character with their hands on a keyboard.
"We use powerful systems to determine if the suspected player is using an identifiable cheat, and our heuristics – which we do not outline publicly – are constantly improving and evolving. But when we examine a suspect and these measurements aren’t out of line, we have to manually gather evidence against the accused player, which can be very time consuming and complex. It’s worthwhile though, because we never want to take action against a legitimate player."