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EURUSD trade idea

Nov 04, 2016 12:49 pm UTC| Technicals

Major resistance 1.11260 (50 day MA) Major support 1.10550 (daily Kijun-Sen) EUR/USD declined till 1.10596 yesterday and slightly recovered from that level. It is currently trading around 1.10977. The...

FxWirePro: USD/CAD on verge of handle formation, upswings gaining traction in tug of war between bulls and bears

Nov 04, 2016 12:14 pm UTC| Technicals

CAD seems to have taken a halt in the tight range between 1.3433 and 1.3331 against USD, while USD bulls gain traction in this tight range (see both daily and monthly plotting). The current prices are consistently...

EURUSD faces strong resistance at 50 –day SMA, market awaits US NFP

Nov 04, 2016 11:25 am UTC| Technicals

FxWirePro: USD/TRY bulls shrug-off twin shooting stars, hits all-time highs with most likely bullish engulfing to clear range bound trend

Nov 04, 2016 10:24 am UTC| Technicals

Despite the formation of back-to-back shooting stars in USDTRY at 3.1124 and 3.1091 levels, bulls edge higher towards all-time highs at 3.1474 levels as bulls resume bouncing above DMAs. This pair seemed little weaker...

FxWirePro: XPT/USD pops-up with bearish formations but no supplementary substantiation, likely to slide but to maintain range

Nov 04, 2016 08:58 am UTC| Technicals Insights & Views

After three months of bear streaks, the bulls in platinum prices have at last found a support at 926.40 levels. Thereby, we reckon that the major downtrend appears to be in theconsolidation phase. For now, shooting...

FxWirePro: USD/CNY exhibits range bound movement; PBOC sets yuan mid-point at 6.7514

Nov 04, 2016 07:54 am UTC| Technicals

USD/CNY is currently trading around 6.7590 marks. It made intraday high at 6.7621 and low at 6.7567 levels. Intraday bias remains bullish till the time pair holds key support at 6.7510 marks. On the top...

FxWirePro: FTSE100 forms Bullish Bat pattern, good to buy on dips

Nov 04, 2016 07:50 am UTC| Technicals

Harmonic pattern formed- Bullish Bat pattern Potential Reversal Zone - 6646 The index declined sharply after making temporary top around 7130. FTSE100 breaks below 6800 major psychological support and declined...

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Economy

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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

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

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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

Massive SHIB Transfers Occur Despite Sharp Decline in Shibarium Transactions

Shiba Inu (SHIB), a dog-themed cryptocurrency, has seen a startling 3,015% increase in large holder NetFlow, which provides insight into whales changing positions. However, this impressive surge comes with a...

SHIB Whale Activity Surges Amid Plummeting Shibarium Transaction Volumes

While the Shiba Inu developer team continues to work on and implement key updates to the Layer-2 blockchain, Shibarium is seeing a significant drop in transaction volume, which has been ongoing for about a month. This...

AirTag With New Chip and Improved Tracking Due Next Year; No New Mac Studio, Pro Until Mid-2025: Mark Gurman

Apples upcoming AirTag, equipped with an upgraded chip and enhanced tracking, is expected to launch by mid-2025, as detailed by Bloombergs Mark Gurman. He also claimed that Apple will not update the Mac Studio and Mac Pro...

Shibarium Faces 97% Drop in Transactions, Yet Transfers Rise Steadily

High FDVs on Binance Listings Lead to Investor Losses, Analysis Reveals

An analysis of Binance listings over the past six months reveals that high fully diluted valuations often lead to token value loss, adversely affecting regular investors while benefiting insiders. VC-Backed Tokens on...