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FxWirePro: EUR/GBP rangebound, focus on German GDP data

Feb 12, 2016 06:04 am UTC| Technicals

EUR/GBP largely rangebound on the day after after hitting yearly highs of 0.7897 on Thursday. Weekly charts show further upside for the pair, tests of 0.8065 levels look likely. Price action is well above the...

FxWirePro: GBP/JPY faces major intraday resistance at 164, good to sell on rallies

Feb 12, 2016 05:31 am UTC| Technicals

Major Resistance -164 (Support turned into resistance) The pair recovered till 163.54 after making a low of 159.81. Intraday tend is weak as long as resistance 164 holds. On the higher side any break above 164...

NZD/USD key resistance falls at $0.6750, intraday bias remain bearish

Feb 12, 2016 05:18 am UTC| Technicals

Pair fell 0.63% to $0.6661 on Friday from $0.6715 at the close of trade in New York on Thursday. New Zealands SP/NZX 50 index sank 1.16% to 5,917.36 points by mid afternoon in Wellington. A daily close above...

FxWirePro: 5-DMA caps upside in NZD/JPY, good to sell rallies

Feb 12, 2016 05:02 am UTC| Technicals

NZD/JPY on track for a second week of losses, as Yen appreciation continues unabated, markets ignore verbal intervention efforts by BoJ authorities. Chatter regarding BOJ intervention, in a bid to halt the yen...

Gold falls around $1233 marks, good to buy on dips

Feb 12, 2016 04:43 am UTC| Technicals

Pair is currently trading at $1233 marks. It made intraday high at $1248 and low at $1232.77 levels. Yesterday gold made high of $1263 marks. Today gold gave more than $15 movement in Asian...

FxWirePro: Inverted hammer at highs indicates downside for EUR/CAD, good to sell rallies

Feb 12, 2016 04:22 am UTC| Technicals

EUR/CAD upside run seems to have stalled at 1.5914 highs on Thursday, pair was rejected at highs and closed lower 1.5777. The following technical factors support our view for downside correction in the pair: -...

FxWirePro: AUD/NZD holds trendline support at 1.0570 levels, good to go long on dips

Feb 12, 2016 03:21 am UTC| Technicals

AUD/NZD has taken rising trendline support at 1.0570 levels and edged higher on the day. Daily Stochs have shown a bullish crossover in oversold territory, while RSI has turned higher after dipping below 40...

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Economy

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...

India's Manufacturing Sector Rebounds in October, Boosting Job Creation and Business Outlook

Indias Manufacturing Growth Gains Momentum in October Indias manufacturing sector witnessed a resurgence in October, marking a significant improvement after three months of slow growth. A recent survey indicates a...

Politics

Pollster Predicts Trump Landslide ‘Just Like Reagan in 1980’—Can He Truly Win Over the Swing Voters?

Mark Mitchell, the head pollster at Rasmussen Reports, recently suggested that former President Donald Trump could be positioned to win the 2024 election in a landslide victory reminiscent of Ronald Reagans overwhelming...

Trump Leads Kamala Harris by 10.5 Points in Iowa—‘Selzer Poll Must Be Wrong!’ Will Independents Shift Iowa’s Election Outcome?

Former President Donald Trump holds a 10.5-point lead over Vice President Kamala Harris in Iowa, according to a recent poll from Emerson College. The poll, which surveyed registered voters with a sample that included 36%...

National Guard Troops on Standby for Election ‘Unrest’ in Three States—Is This a Precaution or Overreach?

National Guard troops in Washington state, Oregon, and Nevada have reportedly been placed on standby ahead of the upcoming elections, according to sources close to state security officials. The deployment is a...

Trump Says Removing Fluoride from Public Water ‘Sounds OK to Me’—Is He Joining RFK Jr.’s Health Freedom Crusade?

Former President Donald Trump recently voiced tentative support for Robert F. Kennedy Jr.s pledge to remove fluoride from public water supplies, a proposal that has sparked significant debate and drawn criticism from...

Trump Leading Kamala Harris in Every Swing State—‘These Numbers Are Troubling for Democrats!’ Will She Be Able to Secure Voters’ Confidence?

A new poll from AtlasIntel shows former President Donald Trump leading Vice President Kamala Harris in all critical swing states, raising questions about her potential viability as a presidential candidate. The poll,...

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

Nvidia and Elon Musk's xAI Reportedly Eye Landmark Investment Deal

Elon Musks AI venture xAI is reportedly in talks with Nvidia for a substantial investment that could accelerate the development of its large language model, Grok. Sources suggest this move might significantly impact the...

SK hynix Debuts Industry-Leading 48GB 16-High HBM3E Memory, Revolutionizing AI Accelerator Performance

At the SK AI Summit 2024, SK hynix CEO Kwak Noh-Jung unveiled the worlds first 16-high 48GB HBM3E memory solution, pushing AI memory capabilities to unprecedented levels. The advanced HBM3E solution promises enhanced...

Samsung Defies NVIDIA Fall-Out Rumors, Eyes HBM3E Integration in AI Accelerators Next Quarter

Samsung appears poised to overcome setbacks in its quest to supply HBM3E memory to NVIDIA, aiming to establish itself in the AI accelerator market. With key milestones reportedly completed, Samsung may soon join the ranks...

Ethereum Seen as Amazon of the 90s by Analyst: Is Wall Street Missing Out?

An analyst at 21Shares sees Ethereums potential as akin to Amazons meteoric rise in the 90s, arguing that Wall Street is only beginning to understand its disruptive power. With billions in decentralized finance and a...

China’s DeepRoute.ai Secures $100M to Lead Autonomous Driving, Eyes 200,000-Car Rollout by 2025

Chinese autonomous driving innovator DeepRoute.ai has raised $100 million from an unnamed local carmaker, aiming to outfit 200,000 vehicles with its advanced driving system by 2025. This bold move positions DeepRoute.ai to...