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New Crystal Restoration Promotes Don O'Dell to Head of Project Management

With Don O'Dell's expertise in quality service and safety, he is poised to lead New Crystal Restoration's project management team, further enhancing the company’s trusted reputation across the tri-state area. Learn more about his journey and the valuable skills he brings to this leadership role.





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RT Specialty’s Environmental & Construction Professional Practice Promotes Kochmer, Jackson and Fagan

RT Specialty’s Hamilton, NJ office has promoted Justin Kochmer, Kelly Jackson, and Joe Fagan to Senior Account Managers, recognizing their contributions to enhancing the insurance experience for clients. Their dedication and leadership are expected to drive further success within the team.




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R&R Presents New Restoration Training Series from Lisa Lavender

Introducing new video series Unlocking Training Success with Lisa Lavender! A comprehensive video series for effective learning.




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Talking With Christine Commerce from the Alliance to End Human Trafficking.

As part of the PCC’s efforts on human trafficking, we’re talking with advocates and lawmakers about what is being done to address the issue. Today I’m sharing a series of sound bites from an interview I did with Christine Commerce from the Alliance to End Human Trafficking. https://x.com/PAcatholic/status/1736783868848492574?s=20   https://x.com/PAcatholic/status/1736796871337599054?s=20   https://x.com/PAcatholic/status/1736818153110307184?s=20              




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Talking with Sarah Bowen of The Promise of Life Network: Getting the Real Story about Crisis Pregnancy Centers

Sarah Bowen of the Promise of Life Network crisis pregnancy center near Pittsburgh talked with me about the motivation behind the campaign by abortion advocates against the work these centers do, which is to provide women with support during an unplanned pregnancy. https://x.com/PAcatholic/status/1703790777099235616?s=20   https://fb.watch/nccvJtmh6p/?mibextid=cr9u03  




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Scenes From the PA March for Life




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Enhancing consumer & investor protection from ICO scams

The rise of new technologies is changing the way companies raise funds. Along with increased popularity of crowdfunding in recent years, a new form of funding has emerged – that is, the use of Initial Coin Offerings, or ICOs. In 2017, companies in the United States raised over $4 billion through ICOs; in 2018, more than $21 billion has been raised. ICOs generate many challenges for securities regulators, and also give rise to other issues including corporate governance, data protection, anti-money laundering and insolvency. Assistant Professor Aurelio Gurrea-Martínez from the SMU School of Law has conducted legal research on financial regulation. In this podcast, he shares his recent comparative and interdisciplinary study which addresses the issue of ICOs and makes recommendations to regulators and policy makers in a way that aims to promote innovation and firms’ access to finance without harming investor protection, market integrity and the stability of the financial system.




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Andy and Ryan from Martini Shot

11/13/2024 - 7:30 PM - Venue: Park East Restaurant




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Hydrologists show environmental damage from fog reduction is observable from outer space

A new paper presents the first clear evidence that the relationship between fog levels and vegetation status is measurable using remote sensing. The discovery opens up the potential to easily and rapidly assess fog's impact on ecological health across large land masses -- as compared to painstaking ground-level observation.

The post Hydrologists show environmental damage from fog reduction is observable from outer space appeared first on GeoSpace.




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3 Ways Pharmaceutical Manufacturers Can Benefit from NIR Technology

For pharmaceutical manufacturers, measuring and controlling moisture content is critical to ensure product safety, quality and efficient production since the amount of moisture in deliverables can have diverse effects when converting feedstock into products such as tablets, capsules, gel or liquid-based products.




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ProMach Pharma Showcases Pharma and Biotech Systems at Interphex

ProMach brand Pharmaworks will debut their capability to handle new 100-percent recyclable, mono-material packaging films on their blister machines.




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The First Neuromarketing Service that Optimizes the Impact of Packaging on Consumers

ANALYTICA, a behavioral sciences-based company in Edinburgh, as launched the first service that optimizes packaging using consumer psychology and neuroscience-led customer tests.




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New Sustainable Packaging from Henkel Laundry & Home Care

The new packaging for toilet cleaners is made with less plastic and more recycled material.




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ProMach Acquires Grip-Pak

ProMach has acquired Grip-Pak, provider of multipack handle solutions for beverage companies packaging their products in cans or bottles, as well as retailers and wholesale distributors looking to promote or repack their SKUs.




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Sabri Demirel Apppointed Managing Director of Romaco North America

Sabri Demirel has just been appointed new managing director of Romaco North America. He succeeds Charles Ravalli, who retired in April 2019. 




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New Wash-Off Adhesive from Acucote Provides Debonding

Acucote, a solutions-oriented pressure-sensitive adhesive coating manufacturer, has introduced WOff, a Wash Off Adhesive, a water-based formula that provides debonding of non-recyclable label materials from PET and glass containers, making them recoverable. 




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Molkerei Forster, Lidl Schweiz launch self-separating yogurt packaging from Greiner

Molkerei Forster is using self-separating cardboard-plastic combinations for its Milbona brand 500g natural yogurts, which are sold by Swiss retailer Lidl Schweiz.




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Mark Navin Promoted to VP of Sales at Spee-Dee Packaging Machinery

Spee-Dee Packaging Machinery announced Mark Navin has been promoted to Vice President of Sales. Navin has been with the company for 25 years.




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Best of Frank Froman's Sunday Ramblings - AssessmentPsychology.com

Psychologist Dr. Frank Froman on neuropsychology, managed care and diagnostic nomenclature.




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The Promise of Connected Packaging: From brand protection to consumer engagement

It is now well accepted that virtually all brands, from the utmost recognized to the newly eager, face an unprecedented onslaught of counterfeiting and gray market trading. In emerging countries, this menace is bold and audacious, with outright fakes appearing in the open marketplace. In developed countries, the problem is equally insidious due to online propagation of counterfeit products through e-commerce platforms.




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ProMach Bolsters Flexible Packaging Portfolio with Acquisition of HMC Products

HMC fabricates and installs new HMC HFFS machines and rebuilt HMC/Bartelt® HFFS machines for flexible packaging solutions across numerous industries, such as snack food, food, cosmetic, healthcare, pharmaceutical, and household goods




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Robot Funded by CMI to Save Over 1 Million Beverage Cans a Year from Landfill

Ardagh Metal Packaging and Crown Holdings finance AI and robotic technology for a California recycling facility with a 50% revenue share.




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From Harvest to Shelf: Enhancing Quality Through the Food Can

The farming season in the United States is in full swing, with crops being planted in the spring, tended throughout the summer, and harvested in early fall. When it's harvesting time, consumers usually focus on fresh produce, but what about canned food that provides produce year-round?




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Hands-On Experience: Insights from Labelexpo Americas 2024

Labelexpo Americas 2024 in Rosemont, Illinois, was a key event for the label and package printing industry, featuring over 450 exhibitors. It offered live demonstrations and showcased the latest advancements in machinery and materials, underscoring its significance as a premier platform for industry innovation and networking since 1989.




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ProMach Acquires Serpa Packaging

The deal expands ProMach’s secondary packaging solutions for pharmaceutical applications and further enhances its turnkey line integration capabilities.




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ProMach Pharma to Display Packaging Technologies at PACK EXPO Las Vegas

ProMach Pharma provides best-in-class processing and packaging technologies that help customers maximize line efficiencies and product quality.




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Suzano to purchase two U.S. industrial facilities from Pactiv Evergreen

Assets will add approximately 420,000 metric tons of integrated paperboard to Suzano’s annual production capacity.




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KYSU Launches New Packaging Made from Recycled Materials

By offering consumers the option to reuse the packaging, the company addresses the urgent issue of plastic pollution in the United States while providing convenient storage solutions.




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Miswa Chemicals UK Automates Trio of End-of-Lines with Help from Sidel

With its large packing portfolio and secondary packaging expertise, Sidel has provided three adapted case packers to handle different homecare, automotive and insecticide products on three lines, contributing to an overall 40% production line increase.




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ProMach Acquires Zacmi, Leading Supplier of Filling & Closing Equipment

Acquisition allows ProMach to establish a powerful position in the food and pet care sectors where can filling and sterilization are required.




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Estathé® Partners with Crown to Launch Engaging Summer Promotion in Cans

Marketing campaign depicts a cast of funny and typical beach characters with whom consumers have likely interacted, and asks, “And you, what beach type are you?”




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TIPA Launches Packaging Made from Rice Waste amid Latest Plastic Bans

The trays originate from natural waste and are designed to return to the earth, fully decomposing into compost at the end of their lifecycle.




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ProMach acquires conveyor solutions provider Sentry Equipment & Erectors Inc.

In addition to its vast portfolio of conveyance solutions, Sentry manufactures a wide array of packaging equipment, including case and bulk palletizing, de-palletizing, and robotic systems. 




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Verde Farms Unveils “Beef From A Better Place” Brand Redesign

The goal of the rebrand is to engage directly with health-conscious consumers as they increasingly seek high-quality and ethically sourced beef products. 




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From Wine to Tortillas: Inspection, Detection, and Vision Systems Play Crucial Role

Reporting by Packaging Strategies over the last several months reveals the innumerable applications of inspection/detection/vision equipment.




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Pacificolor clients stand to gain from company’s new corrugated graphics equipment

Investment includes the acquisition of an AV Flexologic Corrugated Flat Mounting Machine and the integration of Reproflex3's high-definition Vortex™ screening technology.




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Coding and Printing: From Improved Recycling to Catching the Consumer’s Eye

Companies like Digimarc, Wipak, Inovar and Domino are demonstrating how advancements in coding, marking and printing are facilitating recycling efforts, lowering costs for brand managers, making it easier to hire qualified equipment operators, and more.




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ClickBank RSS Feeds from ClickBank Analytics @ CBtrends.com




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Letter from Alexander Hamilton to James Bayard (January 16, 1801)

In this letter, dated January 16, 1801, Alexander Hamilton writes to James Bayard, a Federalist member of the U. S. House of Representatives from Delaware. Hamilton conveys his satisfaction that Bayard has decided to support Burr in the Election of 1800. He goes on to offer his criticisms of both Aaron Burr and Thomas Jefferson and his worst fears were either man to become president.
Fri, 30 Oct 2020 16:09:37 EST




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Members of the United States House of Representatives from Virginia

Members of the United States House of Representatives are listed here in alphabetical order. Each entry includes life dates if known, a member's area of residence when first elected, period of service, and party affiliation when known. Before 1795 and again from the 1810s into the 1830s there were no well-organized political parties or parties were in flux, and for those time periods no affiliation is listed. Between 1795 and the 1810s most members are identified as Federalists or as Democratic-Republicans. The eight men who were elected to the House of Representatives in 1865 but not seated are also included in this list. John Mercer Langston, elected in 1890, was the first African American elected to Congress from Virginia. Leslie Larkin Byrne, elected in 1992, was the first woman elected to Congress from Virginia.
Mon, 04 Jan 2021 09:26:01 EST




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Attracting Talent and Boosting Youth Engagement from Austin to LA

Attracting Talent and Boosting Youth Engagement from Austin to LA jhammond@desti… Wed, 07/24/2024 - 20:40

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Despite the gains made since the onset of the pandemic, the hospitality industry continues to experience persistent labor shortages. Destination organizations have a chance to engage with the youth in their communities to help close this gap with best practices and strategies for attracting and retaining tomorrow’s tourism workforce. 

6 min read

Key findings from Social Impact of Global Tourism by the World Travel & Tourism Council indicate that hospitality is a leading employer for young people around the globe, accounting for almost 60% of all youth employment in 2021 with 40% of those numbers represented by women. Despite continued recovery from the COVID-19 pandemic, there are staff shortages at hotels, restaurants, entertainment venues, theaters, convention centers, and tourism organizations. In relative terms, one in fifteen US job postings remains unfilled, and one in nine European Union jobs remains unfilled. This represents an estimated 412,000 tourism worker shortage. Further, despite the expansion of the Canadian labor market to pre-pandemic levels of 5.3%, Destination Canada reports in their 2023 Quarter-three snapshot that 116,000 positions remain unfilled, representing 6.2% of all the tourism sector.   

Source

Several factors fueling the labor shortage in the US include a decrease in international migration patterns as it relates to the US labor market, working conditions, and a lack of adequate skillsets to perform several jobs within hospitality. Thus, a variety of policy changes and engagement strategies can help destination organizations fill the gap and address these concerns.  

Addressing staff shortages within the sector requires a multi-stakeholder collaborative approach to developing a skilled tourism workforce, providing competitive employee benefits, and partnering with academia to help equip tomorrow’s workforce with new and improved skills to operate within the industry. A recent article by Forbes suggests that one of the greatest currencies of our time is not gold, oil, or knowledge but rather talent acquisition.  

When discussing strategies like youth engagement and workforce development, it's important to be mindful of cultural differences and adapt the approaches accordingly. Be sure to acknowledge the diverse cultural contexts in which these strategies will be implemented and adapt according to the needs of your destination. 

Los Angeles Tourism & Convention Board

At the Mobile World Congress in 2021, the Los Angeles Tourism & Convention Board launched its own Career Academy with the goal of increasing equity in career representation by inspiring the youth of historically underserved communities to consider diverse career paths. This initiative was brought on in response to the call of Los Angeles council leaders’ executive directive to help increase recognition of systemically marginalized groups. For the event itself, a dozen high school students from the Ambassador School of Global Leadership attended the inaugural program led by Mayor Eric Garcetti. Each student received a tour of the exhibition hall, met with executive leaders to learn about career opportunities, fostered meaningful connections, and learned about future career day opportunities available within the industry. Over 4,100 people attended the convention, 65% of whom were senior executives.

Moreover, Los Angeles’s Career Academy bridges the connections between students and meeting planners looking to authentically impact Los Angeles. In turn, students learn equity, diversity, and inclusion best practices in aligning corporate social responsibility. While the convention was not hospitality-focused, the bureau brought students together with senior-level executives at technology companies, and this can make the connection between other sectors and hospitality. The academy highlights the connection between youth engagement in choosing career paths and where they see themselves represented.  Since one of the greatest strengths of Los Angeles is its diversity, programs like this are essential to helping close the workforce gap and helping to address racial inequalities that exist due to a lack of representation. 

Los Angeles Career Academy (Full-Length)

“Our career Academy connects high school students from La USD to unique experiences at the LA Convention Center. Where they can learn about careers and opportunities. Directly from inspirational industry leaders and gain a practical understanding of the steps that other people took to reach their career goals and overcome challenges.” - Los Angeles Mayor Karen Bass

Visit Austin Foundation

Founded in 2019, the mission of the Visit Austin Foundation (VAF) is to develop and promote education, job training, and career opportunities within the hospitality and tourism sector. The foundation has several key objectives in helping to close the labor shortage gap and increase engagement--particularly with the youth. By offering mentorships and scholarships, the foundation hopes to attract young people to the tourism and hospitality industry, and to educate the public about a wide range of career opportunities within the industry, as well as its economic and social benefits.  

One way the VAF has contributed to engaging the younger demographic in a career in hospitality and tourism is by developing hospitality industry learning platforms in conjunction with secondary school systems to promote awareness of the industry as a viable career path and prepare students for careers in hospitality. The VAF, in conjunction with the Austin Hotel & Lodging Association, Austin Independent School District, and Austin Community College sponsors and supports a Hospitality, Tourism & Culinary PTECH High School at Travis Early College High School. This program provides participants the opportunity to earn a high school diploma, an associate degree, and on-the-job training & mentorships while in high school, all at no cost to the student. This allows students to graduate early and prepare for a dynamic career.  

Additionally, the foundation has provided resources for providing careers in hospitality including the Austin Tourism Insider Hospitality Training Program. The training program is intended to support the community’s tourism and hospitality employees, including new hires, and residents who are passionate about Austin and hospitality. Through a one-day course, employees learn expert knowledge about Austin’s tourism assets, improve their confidence in making recommendations that help to elevate the visitor experience, ignite their passion for the industry, and build a deeper sense of connection within the community. Furthermore, the VAF helps to support networking opportunities to connect hospitality professionals with their peers in the local industry. 

The VAF’s Heart of Hospitality Award & Scholarship is dedicated to supporting local hospitality employees who are pursuing tourism-related education and are interested in growing their careers within the industry. Criteria for selection include hospitality employees who provide outstanding customer service, demonstrate a positive attitude, and display initiative in going beyond regular job responsibilities to enhance the visitor experience.  

Scholarships provide pathways for continued education in fields related to the hospitality industry, including organizational leadership, hospitality management, Certified Meeting Planner (CMP) certifications and more.  

There are a range of opportunities available for destination organizations that seek to increase workforce engagement. Organizations can partner with academic institutions to help develop tomorrow’s leaders by creating career youth engagement opportunities and raising awareness about the industry’s various career paths. As the industry continues to shake off setbacks caused by the pandemic, destination organizations can find innovative solutions to advance the industry by developing needed skill sets and providing a warm welcome to help others to feel seen and heard. 

About The Author

Stephanie Auslander

Advocacy and Data Coordinator
Destinations International

Stephanie is a recent graduate of Johnson & Wales University with a Master’s Degree in Global Tourism and Sustainable Economic Development. Previously, she worked as an Intern with Solimar International assisting Destination Marketing Organizations in formulating Tourism Development strategies for the Samtskhe–Javakheti region in Republic Of Georgia and the Sisian region of Armenia. Additionally, she is the author of a Tourism Research Proposal detailing ways in which Destinations can promote the concept of Sustainability to its consumers for a lasting positive impact. With a background in Tourism Development she is confident in her ability to help Destinations innovate into the future.

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From Campus to Career: The Critical Importance of Experiential Learning in Workforce Preparation

From Campus to Career: The Critical Importance of Experiential Learning in Workforce Preparation jhammond@desti… Tue, 09/24/2024 - 16:52

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From the lens of a student, workforce development in tourism relies on mentorship, internships, and real-world experiences. Engaging students early through meaningful industry connections prepares them to contribute actively, building confidence and shaping the future of the travel and tourism workforce.

4 min read

Industry Events Spark Career Vision for Students

Attending Destinations International’s Annual Convention for the first time in Tampa, Florida earlier this summer was both exciting and, to be honest, a bit intimidating. As a student stepping into a room filled with industry leaders and professionals, I couldn’t help but feel a sense of awe, and nerves. These were individuals who had already solidified their careers, shaping the future of destinations and tourism, while I was just beginning to imagine where my path might lead.

Despite the initial butterflies, the more I interacted with these professionals, the more I realized they weren’t just leaders in the industry - they were also mentors and advocates for the next generation. They were eager to share insights, listen to fresh perspectives, and offer advice. Days after the convention ended, I found myself reflecting on those conversations, replaying sessions in my mind, and seeing my future more clearly than ever.

As the days passed, I felt a bittersweet sense of closure because while the convention was over, I had a newfound excitement for what was to come. I kept thinking about my potential career, revisiting the ideas and discussions I’d experienced. These interactions shifted my mindset - I no longer felt like just a student. Watching the next class of 30 under 30, I could imagine myself on that stage one day, contributing to the industry. This realization boosted my confidence and solidified my commitment to pursuing a meaningful role in tourism.


Experience Enables Students to Shape and Commit to the Industry's Future

My experience at the Annual Convention was just one chapter in my broader journey with Destinations International. As a Professional Development intern, I’ve been involved in developing certificate programs, attending meetings with industry leaders, and contributing to event planning and content creation. These hands-on experiences have connected my course work to the real world, making my learning more authentic and relevant.

As I partake in this work, I am gaining confidence, not just in my current role, but also in how my skills align with the future of the industry. As more students like me combine work with academic study, we begin to understand how our contributions can drive industry trends, innovations, and solutions. This balanced approach of connecting practical experience with academics produces well-rounded professionals who are ready to enter the field and also to shape its future.

The travel and tourism industry thrives on adaptability and fresh ideas. Engaging students early ensures the next generation is prepared to embrace changes and push the industry forward. Internships and immersive learning are essential in developing professionals who are confident in their ability to lead in a rapidly evolving industry.


A Student’s Insights on Building the Next-Generation Workforce

From my perspective, building the future workforce is more than just filling roles - it’s about creating opportunities that allow students to fully involve themselves in the industry. DMOs and other industry leaders should focus on establishing personal connections through internships, shadowing, and professional development programs. These experiences create a sense of belonging and purpose, showing students how our work is actually valued. Workforce development isn’t just a marketing campaign - it’s about creating genuine, lasting relationships that inspire growth and passion.

Mentorship is a crucial element in building a successful workforce. Passing on knowledge is important, but sharing enthusiasm for the industry is just as impactful. When mentors invest in students, they don’t just develop our skills - they also create a sense of pride and purpose in our work. Simple engagements, like inviting students to industry events or allowing them to shadow professionals, can make a significant impact. These moments of inclusion provide insight into the industry and help us build connections with professionals who can guide and inspire us.

All in all, creating an environment where students feel valued and invested in is key to shaping the workforce of the future. Both students and industry professionals must be committed to this process. When students feel respected as contributors, we become more confident and motivated to shape our paths within the industry. The more engaged we are, the more we envision ourselves as future leaders, driving the travel and tourism landscape for years to come.

As we work toward building the next generation of tourism professionals, I encourage destination leaders to consider how they can actively support their growth. One impactful way is by sponsoring local students to take part in Destinations International’s upcoming Business Intelligence Certificate program. With courses in Sales, Services, and Marketing and Communications, this program will provide emerging professionals with key skills in business events, such as decision-making, risk mitigation, and strategic planning. By investing in future leaders now with opportunities in professional development, such as the Business Intelligence Certificate, you’re ensuring they have the necessary tools to contribute to this growing and thriving industry.

About the Author

Payten Slack

Professional Development Intern
Destinations International

Payten Slack is a first-generation college student from Orlando, Florida, and a junior at NYU’s School of Professional Studies, majoring in Hospitality, Travel, and Tourism Management with a concentration in Travel and Tourism Development. She is an active member of her school’s community and puts an emphasis on ensuring students are being well-represented on a university-wide level. Payten has gained hands-on experience through her role as a Professional Development intern at Destinations International and is committed to merging academic knowledge with real-world applications to better prepare the future workforce.

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PBoC promised stronger damping to support CNY, and that's what are seeing

Justin had the news from the People's Bank of China here on Monday:

The PBOC governor Pan Gongsheng emphasized that the Bank will not let the yuan plummet without a fight:

  • Will step up countercyclical adjustment
  • Should resolutely guard against the risk of exchange rate overshoot

Today is an example of the Bank pushing back on yuan weakness, with the reference rate set 300+ points stronger for the CNY than was expected (in the Reuters model).

Offshore yuan has jumped (lower USD/CNH as shown in the chart below):

This article was written by Eamonn Sheridan at www.forexlive.com.




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A kickstart look at the EURUSD, USDJPY and GBPUSD from a technical perspective

The USD is higher in trading today as the Trump trade continues. HIgher USD. Higher stocks. Bonds we don't know as the bond market is closed for Veterans Day today. Gold is lower but bitcoin in higher.

In this video, I take a look at the EURUSD, USDJPY and GBPUSD from a technical perspective.

EURUSD: The EURUSD fell below the swing lows from June between 1.0665 to 1.06705. That is below the low from last week at 1.06819. Staying below that area keeps the sellers in control. Absent a move above those levels and the buyers are not winning. ON the downside, the next support comes in at 2024 lows between 1.0600 to 1.06097.

USDJPY: The USDJPY has bounced higher and pushed to the 153.88 level. That level has helped to slow the run higher today. Recall from last week, the price did move above that level and ran to a high of 154.70 on the dollar buying after the Election before the corrective move lower (the price bottomed at the 100 bar MA on the 4-hour chart). So the pair is at a key technical level between support at the 100 bar MA on the 4-hour chart, and the high from last week at 154.70.

GBPUSD:The GBPUSD has seen more up-and-down momentum over the last few weeks of trading. It is trading near the low of that up and down range with 1.2832 to 1.2872 the swing area to get to and through to increase the bearish bias. On the topside gettting back above the low from 3 weeks ago comes in at 1.29065. That would need to be broken to give the buyers more confidence.

This article was written by Greg Michalowski at www.forexlive.com.




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USDCHF trades above and below the 50% midpoint of the move down from the May high

The USDCHF has moved higher in trading today and in the process moved above the swing highs from last week and swing area between 0.8772 to 0.8776. That area is now a close risk and bias-defining level. Staying above is more bullish.

The move above that area today has led to an increase in momentum with the price moving to and through the 50% midpoint of the move down from the Mqy 1 high. That level comes in at 0.87986 (near natural resistance at 0.8800).

The price is in trading above and below that level the last four or so hours of trading with a high price of 0.8804. Also in play on the topside is its 200-day moving average at 0.8817 and a swing area from 0.88187 to 0.88251. Get above those levels would open the door for more upside momentum.

So buyers and sellers are battling it out near the 50% midpoint and below the 200-day moving average. That is natural estranged can defined and limited risk against the technical levels. However, the price were to move above the 200-day moving average, the seller leaning now, should look to cover and push the price higher.

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USDCHF Summary

The USDCHF continues its upward trend, testing the 50% target level at 0.87986.

Key Levels:

Resistance

  • 0.8817 (200-day MA)

  • 0.88187-0.8825 (swing area)

Support

  • 0.8772-0.87763 (last week's highs)

Outlook:

  • Breaking above 0.88187-0.8825 opens door for more upside momentum.

  • Moving below 0.8772-0.87763 gives sellers short-term advantage.

  • Absent a breakdown, buyers remain in control, targeting new highs since July 31.

This article was written by Greg Michalowski at www.forexlive.com.




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Kickstart the FX day. A look at the EURUSD, USDJPY and GBPUSD from a technical perspective

In the kickstart video, I take a look at the 3 major currency pairs:

EUR/USD Summary

The EUR/USD continued its downward trend due to concerns over slower economic growth and increased tariffs under President-elect Trump.

Key Points:

  • Initially rose in the Asian session, but sellers took control near 1.0665-1.06703 swing area. That area was the lows from back in June.

  • Staying below the lows from June kept the sellers in control

  • Reached a low of 1.0606, testing April's swing lows and the year's lows (since October 2023). A move below the 1.0600 increases the bearish bias.

  • Buyers may lean against the low as risk can be defined and limited against the level with stops on a break below.

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USD/JPY Summary

The USD/JPY exhibited volatility, with potential bullish signals.

Key Points:

  1. Rose yesterday, then stalled between 153.59-153.88 (swing area).

  2. Found support at 153.397 (61.8% of July's move down).

  3. Broke above 153.88 (bullish signal).

  4. Next targets: 154.54-155.09.

Outlook:

Bullish Scenario

Stay above 153.88, targeting 154.54-155.09.

Bearish Scenario

Move below 153.397 increases short-term bearish bias.

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GBP/USD Summary

The GBP/USD fell, breaking below two-week lows and the 200-day MA.

Key Points:

  1. Broke below last week's low (1.28329) and 200-day MA (1.28178).

  2. Reached 1.27915, then bounced.

  3. Traded above and below 200-day MA.

Outlook:

Bullish Scenario

Move above 1.28329, 1.2844, and 1.2866 (50% of April's move) indicates buyer strength.

Bearish Scenario

Stay below 1.28329 and 1.2844 maintains seller confidence; breaking below 200-day MA again confirms bearish trend.

This article was written by Greg Michalowski at www.forexlive.com.




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AUDUSD falls to swing area low target ahead of the extreme low from last week. What next?

The AUDUSD has moved lower to a swing area low at 0.65357. The high of the swing area comes in at 0.65537. It would take a move above that level and then the 61.8% at 0.6575, to give the buyers more confidence and cause the sellers to have some cause for pause.

ON the downside, a break of 0.6535 would target the low from last weekend 0.6511. That is near the last two session lows going back to early August. oh below that level and traders look toward 0.6463 to 0.6486.

The price action last week in the AUDUSD was up and down with big moves in either direction.Through the first two days of this week, volatility is less, but the bias is more to the downside. That bias would be even more bearish if the 0.6535 level can be broken along with the low price from last week at 0.6511.

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AUD/USD Summary

The AUD/USD fell to a swing area low at 0.65357.

Key Points:

  1. Swing area: 0.65357 (low) - 0.65537 (high).

  2. Buyers need a break above 0.65537 and 0.6575 (61.8% level).

  3. Sellers target last weekend's low: 0.6511.

Outlook:

Bullish Scenario

Move above 0.65537 and 0.6575 boosts buyer confidence.

Bearish Scenario

Break below 0.6535 and 0.6511 confirms bearish bias, targeting 0.6463-0.6486.

Levels to Watch:

  • Resistance: 0.65537, 0.6575

  • Support: 0.65357, 0.6511, 0.6463-0.6486

This article was written by Greg Michalowski at www.forexlive.com.




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Who stands to gain from the rise of AI?

Last week, the tech giants — Apple, Amazon, Alphabet, Microsoft, and Meta — released their quarterly reports, which showed steady revenue and profit growth across the board, pretty much in line with previous ones.

However, except for the results of Jeff Bezos’ company and Amazon stock, the investors were not “fully satisfied.” Mixed forecasts for the next quarter and expected spending were of concern, especially in AI.

Although companies are confident in AI's enormous potential, developing and building the infrastructure to support it is proving costly, and results continue to fall short of expectations.

Right now, the biggest beneficiaries of the AI boom are similar to those in the gold rush — the ones supplying the tools. In today’s terms, that means essential hardware and cloud service providers.

For example, Microsoft Cloud quarterly revenue grew 22% year-over-year to $38.9 billion, with Azure and other cloud services experiencing a 33% increase, about 12% of which was driven by AI services.

Amazon's AWS, in turn, generated $27.4 billion in Q3. Although slightly below expectations, growth in this segment remains strong at 19% (up from 12% last year), underscoring the growing demand for it.

Chipmakers, which drive these AI advances, are also experiencing huge gains. Leading the way is Nvidia, which recently surpassed Apple in market capitalization to become the world's most valuable company.

Taiwan's TSMC, a major chip supplier to giants such as Nvidia, Apple, and AMD, is also thriving. TSMC's technology powers leading-edge products in smartphones and advanced computing systems.

TSMC's third-quarter revenue rose 36% to $23.5 billion, while net profit soared 54.2% to $10.1 billion. Revenue from high-performance computing chips now accounts for 16% of the company's profit.

Who else benefits from the AI boom?

The list is not short: data centers, telcos, and networking companies are all reaping benefits, as are mining companies, driven by increased demand for metals and materials for chips and electronics.

Another big beneficiary could be the energy sector. Following the rise of AI tools such as ChatGPT, the UAE's Minister of Industry and Advanced Technology noted that global energy demand is expected to double.

Apparently, a single ChatGPT query requires ten times more energy than a Google search. As AI usage increases, so will the need for more data centers that do not run on air.

The minister expects a seven-fold increase in the use of solar and wind power, at least a 65% increase in demand for LNG, and a continued reliance on oil for fuel and other products.

This article was written by FL Contributors at www.forexlive.com.




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