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FxWirePro: AUD/USD changes short term trend from bearish to bulish

Apr 18, 2016 15:09 pm UTC| Technicals

AUD/USD opened on Monday with big gap and slipped towards 0.7629 levels after oil producing countries failed to agree on output cut, putting pressure on oil prices which slipped back below $40 per barrel. However, the pair...

FxWirePro: USD/CAD stronger after crude oil prices falls, outlook remains bullish

Apr 18, 2016 13:39 pm UTC| Technicals

USD/CAD opened with gap in todays Asian session and jumped towards higher levels after major oil exporters failed to agree on an output freeze, sending oil prices lower once again. The Canadian dollar has weakened...

USD/CAD Trade Idea

Apr 18, 2016 12:02 pm UTC| Technicals

Minor resistance 1.3000 Major trend reversal level- 1.3060 The pair has opened up at 1.29850 compared to previous close of 1.28110. It has jumped till 1.29896 at the time of writing. It is currently trading...

FxWirePro: GBP/NZD extends downside along falling wedge top, hits new 11-month lows at 2.0417

Apr 18, 2016 11:56 am UTC| Technicals

GBP/NZD has been trading a falling wedge formation and has resumed downside to hit fresh 11-month lows at 2.0417. Upbeat New Zealand CPI numbers boosted the Kiwi, pushing GBP/NZD lower. Our previous call...

FX Hedging Strategy Series

FxWirePro: USD/CAD further gains seem unlikely upon rejection of trendline and breach of channel supports, slumps likely to retest 38.2% Fibo

Apr 18, 2016 11:31 am UTC| Technicals

Technical watch: USDCAD bounces were restrained at trend line resistance at 1.2989 levels. From last four days, the pair bounced from the lows of 1.2743 levels to 1.2989, thats where it tested resistance at that...

FxWirePro: EUR/USD faces strong resistance around 1.1380, good to sell on rallies

Apr 18, 2016 10:59 am UTC| Technicals

Major intraday resistance - 1.1320 (7 day EMA) Major resistance - 1.13766 (61.8% retracement of 1.1464 and 1.12337) The pair has jumped till 1.13168 yester day and declined from that level. It is currently...

FxWirePro: USD/CAD faces minor resistance at 1.3000, good to sell on rallies

Apr 18, 2016 09:41 am UTC| Technicals

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Economy

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...

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Politics

Donald Trump Allegedly Offers Oil Execs a Deal to Scrap EV Incentives for $1B Donation

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Will Solomon Islands’ new leader stay close to China?

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Science

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

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Dark matter: our new experiment aims to turn the ghostly substance into actual light

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A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Technology

Ex-PayPal CEO Touts Bitcoin Lightning as Corporate Transaction Future

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DogeCoin and Shiba Inu Poised for Over 100% Market Rally

As the crypto market braces for recovery, Dogecoin and Shiba Inu show signs of a potent rebound. Technical indicators and market dynamics suggest a potential surge exceeding 100%, attracting keen investor...

FED Quietly Initiates Money Printing, Sparks Bitcoin Price Surge Speculation

One chart stands out as a beacon of optimism for Bitcoin and its peers in the complex landscape of cryptocurrencies. With the revival of the US money supply, investors face a critical moment. As the printing machines...

Ethereum ETFs: All Pending SEC Applications in a Bid for Regulatory Approval

Following the historic approval of 11 spot Bitcoin exchange-traded funds in January, industry analysts are asking when the US Securities and Exchange Commission (SEC) will approve an Ethereum counterpart. For those who...

Tron Founder Justin Sun Bags 2M Tokens From EigenLayer Airdrop, Boosting Crypto Clout

Justin Sun, the founder and CEO of Tron (TRX), stands to benefit significantly from the EigenLayer token airdrop. He received over $2 million in EIGEN tokens as part of EigenLayers Phase 1 airdrop. acquiring a staggering...