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Tue, Nov 05, 2024 03:25 AM All times are UTC

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FxWirePro: AUD/NZD edges above daily cloud, break of 1.0840 could see test of 1.09 levels

Feb 16, 2016 03:44 am UTC| Technicals

Our previous call on AUD/NZDhas hit all targets. We advise booking partial profits as there is scope for further gains. RSI is at 57 and has further room to run, while daily Stochs point higher. The pair...

FxWirePro: Sell USD/CAD around 1.3780 with SL around 1.3855 for the TP of 1.3705/1.3635

Feb 16, 2016 03:09 am UTC| Technicals

Major Support - 1.3780 (Sep 9th 2015) Loonie has broken major support 1.3780 and declined till 1.37621 at the time of writing. It is currently trading around 1.3765. Any break below major support 1.3780 will drag...

Major Asian Indices Technicals

Feb 16, 2016 03:00 am UTC| Technicals

Nikkei: Nikkei breaks minor resistance around 16000 and jumped till 16180 at the time of writing. It is currently trading around 16155. Short term trend is bullish as long as support 15600(55 day 4H EMA) holds. Any...

FX Hedging Strategy Series

Volatility of the Korean won peaks due to geo-political tensions

Feb 15, 2016 12:53 pm UTC| Technicals

North Korea has decided yesterday to close the Gaeseong industrial complex that it would operate with the South together. This was in respond to South Koreas decision to shut down operations earlier in the day after North...

USD/CAD faces strong support around 1.3780, break below targets 1.3635

Feb 15, 2016 11:38 am UTC| Technicals

Major Support - 1.3780 (Sep 9th 2015) Loonie has retreated after making a high of 1.4016 on Thursday. It is currently trading around 1.38205. The pairs major support is around 1.3780 and break below targets...

GBP/JPY Trade idea

Feb 15, 2016 11:30 am UTC| Technicals

Major Resistance - 165.15 (trend line joining 173.75 and 170.63) GBP/JPYbreaks trend line 165.20 and jumped till 165.75. It is currently trading around 165.05. On the downside Minor support is around 163.95 and...

USD/CHF technical outlook

Feb 15, 2016 11:13 am UTC| Technicals

Pair is currently trading at 0.9828 levels. It made intraday high at 0.9840 and low at 0.9763 levels. Recent development is raising the chance of medium term trend reversal. Short term trend remains bullish till...

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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

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...

Elon Musk Warns ‘Harris Will Shut Down X!’—Sparks Debate on Free Speech as Election Heats Up. Is His Fear Justified?

Elon Musk has made a bold claim that Vice President Kamala Harris would shut down X (formerly Twitter) if she wins the election, sparking widespread debate and backlash on social media. Musks assertion, made in a recent...

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...