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Technicals

Tue, Nov 05, 2024 03:32 AM All times are UTC

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Indian rupee at its weakest level since early September 2013, likely to fall further

Feb 17, 2016 05:56 am UTC| Technicals

The Indian rupee opened lower by 12 paise at 68.49 per dollar versus 68.37 Tuesday. It made intraday high at 68.66 and low at 68.39 levels. In addition, Indias benchmark index NSE Nifty was trading 0.40% lower to...

FX Hedging Strategy Series

FxWirePro: Deploy diagonal straps to keep AUD/NZD's puzzling swings on check

Feb 17, 2016 05:56 am UTC| Technicals

As we expect the RBA to remain on hold for some time, but the RBNZ to ease again in March and June. Expected RBA vs RBNZ direction, plus strong MA flow into the AUD, favours AUD/NZD upside over the next few months to...

FxWirePro: USD/JPY rangebound, recovery stalls shy of 38.2% fib level

Feb 17, 2016 05:56 am UTC| Technicals

USD/JPY is trading rangebound on the day, with days high at 114.39 and lows at 113.59. The pairs recovery from multi-year lows at 110.96 (Feb 11th) stalled for now just shy of the 38.2% fib level of 121.68 -110.96...

CAD/JPY breaks major trend line support at 82.25, decline till 80.85 is possible

Feb 17, 2016 05:29 am UTC| Technicals

Major support -82.25 (trend line joining 79.27 and 79.79) The pair has broken major support 82.25 and declined till 81. term trend is slightly weak as long as resistance 82.70 holds. Any break above 82.70 will...

FxWirePro: AUD/NZD eyes 200-DMA at 1.0917, good to buy dips

Feb 17, 2016 05:20 am UTC| Technicals

AUD/NZD extends upside to close above daily cloud in yesterdays trade, cloud now offers strong support on the downside. Daily charts show a bullish 5 and 10 day moving average crossover, and momentum is with the...

A big day for Gold ahead of US monetary policy meeting minutes

Feb 17, 2016 04:58 am UTC| Technicals

Pair is currently trading at $1208 marks. It made intraday high at $1209 and low at $1195 marks. Yesterday pair was enjoying roller coaster movement from $1190 to $1216 marks. Today US will publish monetary...

USD/CHF well supported below 0.99, short on rallies

Feb 17, 2016 03:57 am UTC| Technicals

Pair is currently trading at 0.9875 levels. It made intraday high at 0.9898 and low at 0.9875 levels. Pair rejects the 0.99 marks and took reversal from yesterdays high. A daily close above key resistance at...

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Economy

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...

Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections

#Title: Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections **Meta Description:** Discover how Commodity Trading Advisors are positioning themselves in U.S....

Oil Prices Surge on OPEC+ Output Delay Amid Political and Economic Events

Oil Prices Surge on OPEC+ Output Delay Oil prices experienced significant gains on Monday, climbing more than $1 following OPEC+s decision to delay output increases. This market movement comes as the U.S. prepares...

Politics

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...

Elon Musk Blasts ‘Government Overreach’ on Peanut the Squirrel!—‘We’ve Got to Fight Back Against This!’ Will This Viral Squirrel Spark Change?

In a quirky yet serious turn, Elon Musk has shared his thoughts on an unlikely topic: Peanut the Squirrel, a beloved internet sensation turned unexpected point of contention. During a recent interview, Musk humorously...

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...