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Tue, Nov 05, 2024 08:35 AM All times are UTC

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GBP/USD breaks major support 1.4200, decline till 1.4080 is possible

Feb 22, 2016 07:42 am UTC| Technicals

Major support - 1.4200 (trend line joining 1.4350 and 1.42443) The pair breaks major support 1.4200 and declined till 1.4193. It is currently trading around 1.42040. Short term trend is slightly weak as long as...

USD/INR supported above 68.50 mark ahead of financial budget 2016

Feb 22, 2016 07:18 am UTC| Technicals

NSE Nifty was trading 0.23% higher at 7226 points while BSE Sensex was trading 0.20% higher at 23763 points. On the other side, Indian rupee is well supported above 68.50 marks. India is going to release financial...

FxWirePro: FTSE100 struggles to break above 6000, good to sell on rallies

Feb 22, 2016 06:52 am UTC| Technicals

Major resistance - 6010 (trend line joining 6322 and 6129) FTSE100 has slightly recovered after making a low of 5915. It is currently trading around 5948. Short term trend is slightly weak as long as resistance...

FxWirePro: Good to long NZD/CAD around 0.9145, weakness only below 0.9040

Feb 22, 2016 06:49 am UTC| Technicals

NZD/CAD is extending upside after taking strong trendline support at 0.9042 on Feb 18th trade. Price action has re-entered the daily cloud and Stochs have shown a bullish crossover from oversold levels. Ongoing...

FxWirePro: BTC/USD faces strong resistance around $450, good to buy at dips

Feb 22, 2016 06:06 am UTC| Technicals Digital Currency

BTC/USD has broken major resistance $425 and jumped till $447. It is currently trading around $434. Short term trend is slightly bullish as long as support $425 holds. On the higher side any break above $450 will take...

GBP/JPY faces minor resistance at 161.65, break above targets 163/163.80

Feb 22, 2016 05:52 am UTC| Technicals

Minor resistance - 161.65 (trend line joining 163.96 and 162.09) Major support - 160 The pair has recovered after making a low of 160.35. It is currently trading around 161.34. On the higher side minor...

FX Hedging Strategy Series

FxWirePro: GBP/AUD sharp gap down opening with "gravestone doji" signals stern weakness - stay hedged via 3way straddle versus call

Feb 22, 2016 05:45 am UTC| Technicals

The pair has broken a support initially at 2.0152 and now at 2.0054 with a sharp gravestone doji at 1.9915 levels and it is a gap down opening (prev close - 2.0152; todays open - 1.9922) which is on the verge of testing...

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Economy

Australia’s Central Bank Holds Interest Rates Steady Amid Inflation Concerns

Australias Central Bank Maintains 4.35% Interest Rate Amid Persistent Inflation RBA Holds Rates, Monitoring Inflation Risks The Reserve Bank of Australia (RBA) kept its interest rate unchanged at 4.35% in its...

Reserve Bank of Australia Holds Rates Steady Amid Inflation Concerns

RBA Holds Rates Steady, Emphasizes Inflation Concerns The Reserve Bank of Australia (RBA) left its benchmark interest rate unchanged at 4.35% on Tuesday, signaling a sustained restrictive monetary stance due to...

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 5th2024 3:30 am AUD Cash...

Concerns Mount Over Vietnam's Draft Data Protection Law

U.S. Tech Industry Warns Vietnam Over Data Law U.S. tech companies are expressing concerns that Vietnams draft data protection law could stifle growth for social media platforms and data center operators. With a...

Palau's Presidential Election: Key Issues and Candidates**

Overview of Palaus Presidential Election Palau, a Pacific Islands nation vital to U.S. military interests amid rising tensions with China, is holding a national presidential election on Tuesday. President Surangel...

Politics

Oprah Winfrey’s Dire Warning: ‘We’ll Lose the Right to Vote Without Kamala!’ Critics Call It ‘Delusional’ and ‘Fearmongering’—Is Celebrity Rhetoric Helping or Hurting?

Media mogul Oprah Winfrey made waves recently with a bold claim regarding the upcoming presidential election, stating that we will not have the opportunity to ever cast a ballot again unless Vice President Kamala Harris...

Joe Rogan Endorses Donald Trump for President—‘Only He Can Fix What’s Broken!’ Will This Maverick Move Change the 2024 Race?

Podcast host Joe Rogan has publicly endorsed former President Donald Trump for the 2024 presidential election, sparking a wave of reactions across the political and media landscape. Known for his outspoken views and...

Ben Shapiro Warns: ‘Supreme Court Could Decide the Election!’ Legal Battle Looms if Ballot Disputes Hit Swing States—Is History About to Repeat?

Political commentator Ben Shapiro has presented a scenario that places the U.S. Supreme Court at the center of a potential election showdown, suggesting that unresolved disputes over ballot counts or election...

Skip Bayless on Trump’s Leadership: ‘I Don’t Share His Views, But He’s a Natural-Born Leader!’ Will Fans Agree or Revolt?

In an unexpected twist, sports commentator Skip Bayless recently shared his perspective on former President Donald Trump, describing him as a natural-born leader despite their differing views. Known for his outspoken takes...

Judge Clears Elon Musk’s America PAC’s ‘Million-Dollar Giveaway’—‘This Is Not Vote-Buying!’ Critics Slam Cash Incentives in Swing States as ‘Ethically Dubious’

A Philadelphia judge has ruled in favor of Elon Musks America PAC, allowing the organization to proceed with a controversial million-dollar giveaway targeting registered swing-state voters. The PAC, funded by Musk, aims to...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

OpenAI Considers Shift to For-Profit Model, Engages with California Officials in Early Talks

OpenAI, led by CEO Sam Altman, is in early discussions with Californias attorney general to potentially transition into a for-profit entity. The change could attract new investors, marking a shift from OpenAIs original...

Nvidia, Facebook Urge Supreme Court to Dismiss Investor Fraud Lawsuits

Nvidia and Facebook have petitioned the U.S. Supreme Court to dismiss securities fraud class action lawsuits against them. The tech giants argue that allowing these suits to proceed could significantly alter how private...

Suzuki Debuts First Electric SUV Bound for Toyota with New Branding and Cutting-Edge Design

Suzuki has launched the e Vitara, its first-ever electric SUV, designed to be a game-changer as it heads to Toyotas global lineup with unique branding. Powered by a specialized eAxle and ALLGRIP-e AWD, the e Vitara stands...

XRP Surges on Bullish RSI Divergence; Testing Critical Resistance Levels

XRPs price surged past $0.50 today, driven by a bullish divergence on the Relative Strength Index (RSI), marking a pivotal movement that could define its next trajectory. Traders are eyeing resistance near the 50-day...

Michigan Pension Fund Leads in Ethereum ETF Holdings With New $11M Investment

In a strategic expansion into crypto, Michigans state pension fund acquired $11 million in Ethereum via ETH ETFs, positioning itself among Grayscales largest Ethereum ETF shareholders and underscoring its confidence in...