wisepowder's Blog

CEIBS is located in Shanghai. The MBA program taught in English takes 18 months to complete. However, there is a 12-month option of you will be returning to your business, company or you are planning to start a business after graduation. The program is aimed at teaching leadership and professional skills to students so that they can prosper in the business world no matter where they are. Tuition fee for the whole program is RMB 428,000 ($64,000 USD).To get more news about MBA college in China, you can visit acem.sjtu.edu.cn official website.

CEIBS introduced a pre-MBA program to enable students to get a taste of studying MBA at CEIBS. It gives students experience both inside and outside campus. The MBA program at CKGSB is aimed a imparting in-depth knowledge of China and helping students get grounded in Western business practices. The campus of the English-taught MBA is located in Beijing city. Fudan University School of Management together with MIT Sloan School collaborated to offer students an international MBA program taught in English.

The main aim of the full-time program in shanghai is to help students have the spirit of entrepreneurship and gain an international perspective to China’s business industry as well as the world’s business industry. The international MBA program taught in English is aimed at helping students gain a global perspective of the business world while focusing on China.

Foreign professors along with student exchange programs contribute to this. The international MBA program in Beijing is aimed at molding students to become international business leaders. They will learn how to identify business opportunities and solve problems effectively in the business world. In order to help undergraduate students to advance their business careers to a global level while still maintaining their focus on China.

WTI crude reported the largest one-day fall in three months on Wednesday, bottoming at $41.23 from the high level of $43.20. Oil prices have rebounded back overnight after breaching below the key support of $41.30, and are consolidating above $41.30 now.To get more news about WikiFX, you can visit wikifx official website.
　　The rally of the U.S. dollar index will become one of the important factors affecting oil prices. Meanwhile, the ADP said on Wednesday that the U.S. economy added 428,000 jobs in August. As the third largest increase of all time, it indicates that the U.S. economy is generally optimistic in the month.


　　Accounting for three-quarters of the U.S. economy, the service sector will embrace its data for August today, including the Markit's final reading of the Services PMI and the ISM non-manufacturing PMI. In addition, the non-farm payrolls for August will be published tomorrow. The overall markets, including the crude oil markets, are expected to suffer wild swings due to the data.
　　On the other hand, the EIA reported that the country's production of crude oil has reached a record low for the week ending August 28. At the same time, oil prices may be hampered as the market expectations that refineries will soon be shut down for equipment maintenance may further weaken the demand for oil and gasoline.
　　According to the daily chart, oil prices are consolidating around the level of $41.30 and expected to further test this key support in the short term, where a breach below may extend downside to $34.50 in the medium term. However, if oil prices stay constructive above the level, there is room for upside to challenge the resistance zone of $44.0-45.0.

AUD/USD remains on the back foot after posting the biggest losses in a month. The aussie pair begins the key trading day, comprising the US employment data, while keeping the recent 0.7265-82 range, currently around 0.7275, at the start of Friday's Asian session. The pair's declines are mostly attributed to the US dollar's sustained pullback from the multi-month low, followed by a slump in the Wall Street benchmarks. Also weighing the quote could be worried concerning the US stimulus and escalating Sino-American tension.To get more news about WikiFX, you can visit wikifx official website.
　　After loosing +140 pips so far during September, AUD/USD questions the bulls to reassess their bets. Though, the previous five-month rally from the sub-0.6000 area terms the recent declines as a mere consolidation than anything else.


Even so, market players need to be cautious as the US Dollar Index (DXY) probes a three-week-old resistance line following its U-turn from a 28-month low. The greenback gauge respects the market's rush to risk-safety amid uncertainty over the American stimulus and escalating US-China tension. Also favoring the US currency could be the Fed policymakers' clears view of keeping the monetary policy easy and without doubt, unlike others on the line that still lack directions.
　　It's worth mentioning that the US Jobless Claims and the activity numbers were also less harmful on Thursday. The same reversed fears of a heavy disappointment from today's Nonfarm Payrolls (NFP) after Wednesday's ADP data slipped below marked consensus of 950K to 428K.
　　Elsewhere, China's Global Times (GT) recently threatened the US to cut its American debt holdings after the Trump administration announced extra hardships for Beijing diplomats. One should know that China is the world's second-largest holder of US debt.
　　Against this backdrop, Wall Street benchmarks witness the sea of red led by the Nasdaq's 5.0% losses and 1.5 basis points of the US 10-year Treasury yields.

At the time of writing, EUR/USD is traded lower at 1.1905 versus 1.2012 yesterdays high. It has registered a false breakout with great separation above the near-term resistance levels, so we cannot exclude a temporary decline.To get more news about WikiFX, you can visit wikifx official website.
　　Still, a down reversal is far from being confirmed, yesterday‘s pin bar (reversal candle) could be invalidated by a strong bullish candle today. USD recovered after the ISM Manufacturing PMI indicator was released. August’s ISM Manufacturing index increased more than expected to 56.0 points signaling further expansion.
　　The US is to release the ADP Non-Farm Employment Change later today. The indicator is expected around 1250K jobs in August, versus 167K in July. Moreover, Factory Orders could rose by 6.0% and could support the USDs rebound.


EUR/USD failed to close above the second warning line (WL2), and above the confluence area formed at the intersection between 1.2000 level with the upside line of the up channel. A bearish closure today would announce a potential further drop towards 1.18 psychological level.
　　The pair remains trapped within the minor up channel. RSI indicates a bearish divergence according to the Daily chart, but only a valid breakdown from this channel and below 1.18 will suggest selling.
　　EUR/USD turned to the downside as the USDX has bounced back since yesterday. You should be careful because some poor data reported by the ADP Non-Farm Employment Change could ruin the bearish scenario.
　　This could be a crucial week for the USD, the Non-Farm Payrolls, Unemployment Rate, Average Hourly Earnings, and the ISM Non-Manufacturing PMI data will be decisive and will give us a clear direction.
　　A valid breakout above the second warning line (WL2) after the release of these high impact economic indicators will suggest buying as EUR/USD should resume its upside movement. On the other hand, a valid breakout below the channels downside line and below 1.18 could announce a strong corrective phase.
　　Technically, a drop below 1.17 level could validate a bearish reversal, while a breakout of 1.2 brings another long opportunity.

The USD appreciated against the JPY to the height of 109.87 in the first week of June. As soon as the resistance level was reached at 109.87, UDJPY began a downtrend since the first trading week in June with few consolidations without retracement. In the last trading day in July, price of USDJPY went as low as 104.20 before a correction occurred. USDJPY price never closed below 104.60 since 2016. The current price as at the time of writing shows the price of USDJPY is at 105.73.To get more news about WikiFX, you can visit wikifx official website.
　　In August, USDJPY had low volatility in price movement. The price ranged between 105.11 as the lowest level while the highest level was at 107.06. The USDJPY bears are still very much in active on the Daily Chart. The 4hr Chart is showing indication of a temporary bullish movement; this could be a sign of the bulls becoming more active on a short term. Most major currencies outperformed the USD in August. In a situation price rallies, it could be less than 1%. Investors might be uncertain about the direction of the pair; a USDJPY temporary price rally to 106.2 might pave way for the bears to push price downwards. There should be high impact news on the USD, as a result of the Manufacturing PMI. This should bring more volatility to the USD market.


　　The Gold price has been on a long bullish direction since the beginning of 2020 amounting to about 36% profit. Price reached a new high at 2061.41 in August. Ever since the all time high was reached at 2,061.41, price has been overbought on all larger time frames. This has resulted to a few lower highs as price is yet to break the resistance point.
　　As at the time of writing, price of Gold is at 1989.30. If the price of Gold closes in the upper region of the Bollinger bands, this could push price to 2, 000 and above. Price testing the Gold resistance level might bring about a correction in price. Gold‘s candlestick for last week was bullish; the candlestick for this week has shown that Gold Price remains bullish. There is a strong support at 1956.29 with a few higher highs on a short term. Many investors might have seen Gold as a haven. Gold’s price might need to break the resistance level to keep the minds of investors at rest.

West Texas Intermediate closed out just above $43 Friday as Hurricane Laura swept through the US Gulf Coast, threatening the very heart of oil production. Texas, Louisiana, Mississippi, and Alabama account for ~17% of the countrys crude production, according to the Energy Information Administration (EIA).To get more news about WikiFX, you can visit wikifx official website.
　　By Saturday, only 181 platforms remained unmanned, down from 257 just the day before, after efforts to evacuate personnel from production platforms and rigs as Laura made landfall. The data came from the U.S. Department of the Interior‘s Bureau of Safety and Environmental Enforcement (BSEE). Also according to the BSEE, approximately 84.3% of the Gulf of Mexico’s production was shut-in, as well as 60% of natural gas production; by Saturday, the figures reported were closer to 82.13% and 58.84% respectively.
　　CNN argued that the current ‘supply cushion’ will make for very little impact on prices either way, citing how previous natural disasters like Hurricanes Katrina and Rita in 2005, and Harvey in 2017 saw prices spike due to limited supply and high demand. In 2020 -- a time in which people are not traveling, where demand is down and supply is up (with storage nearing capacity at the height of the pandemic), this is unlikely to happen.
　　Just last week, crude inventories were down for the fifth week running, with the EIA reporting a decline of 4.7 million barrels, beating the consensus of 4.3 million. Still, at 507.8 million barrels, crude inventories remain about 15% higher than the 5-year average for the current time of year.
　　That decline in supply sent crude up to $43.7 Wednesday -- a level we‘ve not seen since early March -- and marking the third consecutive session of gains. The report also showed the Cushing, OK facility’s supply was down by 300k barrels for the week ending August 21st.


Though demand is recovering, forecasters agree that we wont see 2019 demand levels again until at least 2022. Reports from the International Energy Agency, the EIA, and OPEC all confirm bearish outlooks, with the IEA expecting use to drop by 500k barrels a day over the remainder of the year, while OPEC sees the figure closer to a drop of 1 million barrels per day year-on-year.
　　Another blow for the energy sector came from Exxon‘s departure from the DJIA, ending its 92-year run on the index and leaving Chevron as the last oil company component. Replaced by Salesforce, the shift towards technology stocks may have more to do with Exxon’s own decline in recent years than reflective of the energy sector. In May, the company posted its first-ever quarterly loss since its merger with Mobil in 1999, to the tune of $610 million over Q1. Year-to-date, Exxon shares are down 41.7% compared to Chevrons 29.5% loss.

During the Pandemic, the benchmark for the price of West Texas Intermediate (WTI) oil went as low negative $40. There were huge supplies all across the Oil exporting countries while low or no demand for crude oil across the countries due to Pandemic. Most countries experienced a total lockdown, making various organisations to shut down across the globe.To get more news about WikiFX, you can visit wikifx official website.
　　Normalcy began to return after many countries reached the peak of the virus as the day to day business activities resumed gradually, which reflected in the rise of Crude Oil. It took just a month for the price of WTI Oil to return to $35 from the negative prices..
　　Indication showed in April that price of Crude Oil gapped up from the negative region to $12.43. Price of Crude Oil is yet to retrace, leaving a lot of uncertainties in the future price of Crude Oil. The Daily Chart shows price is in a range. Price of Crude Oil has shown a high level of stability for the past few weeks. RSI indicates that the price was overbought at $37 in June. WTI Oil price has failed to dip despite increasing cases of the Corona-virus in some countries. The World Health Organisation (WHO) is yet to find a vaccine for the virus, most economies that were on lockdown are yet to resume a 2nd lockdown despite experts warned of a second wave.

　　There has been a low demand of oil across the nations of the world since the virus is seen as a hindrance. Industries that are majorly affected are the airline, shipment agencies, which is majorly the transportation sector of economies of the world. Oil is a major component for transportation. If more countries resume a lockdown, this might make the price of Crude oil to tank. The first dip in April lasted for a short period.
　　As the Crude oil price is currently in the upper region of the Bollinger bands on the weekly Chart, RSI shows price has repeatedly reached the over-sold regions twice in less than two years. The current price of crude Oil is at $43.39. Price has failed to reach the next psychological level of $44. The current squeeze in price might lead to a high volatility soon; it either to the upside or the downside. In the last two weeks, the resistance level stands at $43.86 and the support level stands at $41.52.
　　Until the pandemic becomes history, price of crude oil might not break the psychological level at $50. The oil exporting countries will need to see the oil price go greener before debts owed can be paid. Also, the 4hr chart showed on the RSI that price has been overbought. Could this be the beginning of a major bearish move or a continued bullish movement？ Nevertheless, the Ichimoku has shown a bullish future.

The currency pair you‘re watching crashed and quickly reverses. You don’t know if it is safe to enter just yet. You stay on the sidelines while many of your friends are making money trading the same currency pair.To get more news about WikiFX, you can visit wikifx official website.


You would want to be in the trade earlier than most participants to make more money and have boasting rights. When the crowd starts entering the same trade, you can smile at them because you have been in the green for a while now.
　　The question is how can you enter before the crowd？ How do you know when to enter to avoid getting wiped out？ Look out for the head and shoulderschart pattern. When you spot it, you can be confident that a reversal is on its way.
　　Lets use the most traded (also my favorite) currency pair as a case study - EUR/USD.Besides the market structure, volume is also critical in assessing the chart patterns validity. It has to be declining at the right shoulder which is shown in the charts below.
　　The neckline of the head and shoulders chart pattern can be horizontally or sloping.
　　Knowing the above, what should this pattern look like？
　　At market bottoms, you‘ll see an inverted head and shoulders chart pattern instead. It is exactly the same as the head and shoulders chart pattern discussed above, just that it’s flipped upside down.
It pays to wait for prices to form a pattern before entering after a crash because the first few rallies are usually deceiving.
　　When a currency pair is rallying and at a significant top, wait for a pattern to be formed to save you from all the agony and losses from buying the top.

Whether you’re designing a new interior for a building or simply remodeling an existing structure, nothing beats the ability to actually visualize your plans in advance. Our 3D interior rendering experts at Cad Crowd have the experience to develop professional, photorealistic images during the design stage of any residential, commercial, or industrial project, whatever your needs may be.To get more news about design rendering services, you can visit https://www.madpainter.net official website.

Gone are the days when you were limited to hand-built models and bird’s-eye drawings of your intended layout. Our freelancers can develop accurate, highly detailed, richly textured 3D renderings based on your proposed floor plan. Once the rendering is built, visualizing changes to your design goals is a snap, since the 3D images can easily be modified to show you a dizzying array of design options.

What is 3D rendering?
3D rendering is the process of enhancing a 3D computer model to make it appear more realistic. This makes 3D rendering both a science and an art. It is a science because 3D rendering professionals need to master some of the most powerful and technologically advanced software on the planet. But to be successful, these professionals must apply an artistic understanding of color and the interplay of light and materials.

The model to be rendered can be pretty much anything: A person, a car, a landscape, or the interior of a house. Once the model has been digitally created, architects and designers can use specialized rendering software to transform the model into an image so strikingly realistic that it can look like a high-definition photograph of an actual object.

Images can be created that are instead non-photorealistic, an example being a computer-animated film like Toy Story. Most people looking to obtain images through Cad Crowd are interested in photorealistic renderings, but our freelancers can provide whatever type of service you desire.
With the advent of more sophisticated rendering software packages, the development of a 3D rendering of your interior design project has become a mandatory step in the building process. Among the many benefits of 3D rendering are:

Cost savings
There is considerable potential for cost savings associated with 3D renderings on just about any project, for you and ultimately for your clients.

For you, right off the bat, the cost of 3D renderings will be much lower than the amount you would have to lay out to build an architectural model. Or to construct an actual model home. Or to hold a photo shoot once that model home is finally completed. Photorealistic 3D renderings will convey the details of the project without all that additional expense.

For your clients, unexpected budgetary pressures will also be reduced. Being able to provide an accurate visualization for a client ahead of time will reduce the need for change orders down the road — change orders that will inevitably drive up the cost of the project.

Time savings
The potential time savings that you can realize by working with a 3D interior rendering services firm are enormous. In fact, with photorealistic 3D images of your project, you can produce marketing and promotional materials before construction even begins.

As an added benefit, variations of your project — images showing a varied array of color choices and furniture arrangements — can be produced much more quickly with 3D renderings than with static images such as photographs or blueprints. This translates into spending less time at the drawing table and having more time available to build your business or to meet with clients.

Speaking of which, while face-to-face interaction with clients is often the most effective way to communicate, scheduling and holding meeting after meeting every time a client needs a change made to some detail of a project can rapidly eat up your available time.

Revised 3D rendering files can easily be emailed to clients instead. Clients can review the changes, sign off on them, and return the renderings to you when it’s convenient for them. This saves everyone a lot of time and enables everyone to have copies on hand for future reference. Since photorealistic 3D renderings will depict precisely how the client’s alterations will look, there will be fewer instances of miscommunication, as well as fewer missteps and false starts, which can mean a dramatic saving of time.

Gone are the days when you had to create complex blueprints, arrange & rearrange the elements, and spend hours creating a design. Also, the stress of explaining your design to clients is a matter to consider. Not anymore! Now, just use your gadget to plan, create, and represent your design to your clients. You can use audio sounds or audio guide for your design so that the client can understand what the purpose of your whole creativity is.To get more news about design rendering services, you can visit https://www.3drenderingltd.com official website.

Immersive Interior Design Rendering
Apart from a better impression of your interior, everything is accurate. The 360o panoramic image will allow the user to visit various parts of the design and get the real feel with virtual representation. Some service providers offer CGI 3D VR tours as well. Therefore, anybody can experience the guided virtual tour of your designs.

Power of 3D Rendering
3D rendering can enhance your relationship with your clients because of its capability to allow the user to take a tour of the architect virtually. This will prevent misunderstanding and help your client to calculate the final result. With 3D architectural rendering services, you can attractively present your design.
Create more than two designs
Double your chances of getting the contracting by creating two or more designs! This way, your clients will not be limited to one design only. Getting a variety of choices will give your clients flexibility to switch between designs and how unique can you think.

3D Rendering to Alter Anything
Even if you have designed the most attractive design, your client might want to change a few things. With 3D rendering, you can make changes anytime with a few clicks. There is a gigantic library of textures, furniture, moulding profiles, plumbing, glazing treatment, and lighting fixtures. You can pick the required one and place it wherever the client wants. You can rearrange the entire design by simply dragging the objects.

Create a Portfolio
Many designers don’t create unique designs; instead, they try to copy others. Plus, they are not showcasing their ideas and creativity, but you can go one step ahead by creating an interactive portfolio by using handy 3D rendering.

Get your Message Clear
Nowadays, we get dozens of visual information online. Your clients are seasoned with those amazing visual information as well. So be careful when creating your information. Ensure that your message is clear and understandable. Use 3D rendering to add that wow factor to your information and used audio effects as well. This will help your client to understand what exactly your project is all about, what is its motive, and how can they benefit themselves from your services.