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FxWirePro: EUR/USD outlook weaker on renewed downside pressure

Feb 19, 2016 15:35 pm UTC| Technicals

The pair found renewed bearish momentum after breaking support at 1.1127 and is declining downwards to test next support level at 1.1072.The pair is trading around 1.1110 levels and it is expected decline further towards...

FxWirePro: USD/CAD approaches 1.3800 levels, more upside expected

Feb 19, 2016 15:18 pm UTC| Technicals

Canadian dollar has conceded some gains against US dollar on Fridat, as the pair bounced higher after crude oil inventories data on Thursday showed a rise in weekly U.S crude inventories fueling more bearish sentiment...

FX Hedging Strategy Series

FxWirePro: Cross currency effects on EUR/JPY vols - Stay hedged via put spreads

Feb 19, 2016 12:48 pm UTC| Technicals

USD/JPY downside volatility is going to stay greater than EUR/USD downside volatility. Therefore, EUR/JPY downside volatility is likely to increase more. The EUR/JPY is forming a triple bottom at 126, and bearish...

S&P500 faces strong resistance around 1941, break above targets 1984/2000

Feb 19, 2016 12:01 pm UTC| Technicals

Major resistance - 1941 (55 day EMA and also trend line joining 1946.7 and 1937) Major support - 1890 The index has made a high of 1937 and slightly retreated from that level. It is currently trading around 1925. Any...

AUD/NZD remains supported below 1.08 marks, sell on rallies

Feb 19, 2016 11:46 am UTC| Technicals

Since the beginning of the year, pair is consolidating in between 1.0970 to 1.0571 levels. Short term trend remains bearish till the time pair holds key resistance level at 1.0873 marks. Alternatively, recent downfall...

GBP/USD Trade idea

Feb 19, 2016 11:38 am UTC| Technicals

Minor resistance - 1.4350 (trend line joining 1.45156 and 1.43937) Major support - 1.4240 The pair has declined till 1.42647 at the time of writing after making a high of 1.43375 today. It is currently trading around...

Long on USD/RUB around 76.50, stop loss 74.64 and target at 79.75

Feb 19, 2016 10:53 am UTC| Technicals

Pair is currently trading around 76.45 levels. It made intraday high at 76.80 and low at 76.04 levels. Intraday bias remains bullish till the time pair holds key support level at 74.67...

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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...

Trump's 2024 Win Could Trigger Chinese Stock Sell-Off and Spur Beijing Stimulus, Says JPMorgan

Trump Win May Trigger Chinese Stock Decline and Spur Beijing Stimulus, JPMorgan Predicts According to JPMorgan, a Donald Trump victory in the 2024 U.S. presidential election could result in a significant sell-off...

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...

Asian Markets Tumble on U.S. Election Tension; Chinese Stocks Up on Positive Data

Asian Markets Slide Amid Election Jitters, China Gains on Positive Data As Asian markets opened Tuesday, investor caution grew ahead of the closely contested U.S. presidential election. Regional markets reflected a...

FxWirePro- Major Economic Events for the day

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

Politics

Final Swing State Polls Show Trump Narrowly Leading—‘A Game of Inches!’ Could These Razor-Thin Margins Define 2024’s Election Outcome?

A final swing state poll from AtlasIntel shows former President Donald Trump with a narrow lead over Vice President Kamala Harris in several key battlegrounds just before Election Day. The poll, conducted on Nov. 3-4 among...

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...

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...