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FxWirePro: USD/JPY upside capped by 200-DMA at 121.47, good to sell rallies

Feb 02, 2016 05:13 am UTC| Technicals

USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside. The pair is trading by days lows at 120.53, any further bullishness could be seen only if pair breaks above...

XAU/USD hovers around major resistance at $1127 levels

Feb 02, 2016 04:56 am UTC| Technicals

Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...

FxWirePro: AUD/USD fades post-RBA spike, slips below 0.71 handle, good to buy dips

Feb 02, 2016 04:14 am UTC| Technicals

AUD/USD spiked to hit days high at 0.7129 after Aussie bulls bolstered by RBAs rates-on hold decision. However, the spike was quickly sold off and the pair is now below the 0.71 handle, currently trading at...

AUD/USD intraday outlook

Feb 02, 2016 03:27 am UTC| Technicals

Pair is currently supported around $0.7100 levels. It made intraday high at $0.7115 and low at $0.7092 levels. Intraday outlook is bearish below $0.7041 levels. RBA rate decision will be out within few...

Major Asian Indices Technicals

Feb 02, 2016 02:47 am UTC| Technicals

Hang Seng: Hang Seng has once again broken major resistance 19500 and jumped till 19607 at the time of writing. It is currently trading around 19635. Short term trend is still bullish as long as support 19200...

FxWirePro: EUR/USD key resistance at 1.0940, sell deals are recommended around 1.0930

Feb 01, 2016 19:41 pm UTC| Technicals

Euro has gained some ground against dollar by reaching as high as 1.0906 levels in the late US session on the view that Federal Reserve would not be able to hike interest rates quickly as forecasted this year following...

FxWirePro: USD/CHF rebounds from 1.0150 levels, critical resistance lies ahead

Feb 01, 2016 16:46 pm UTC| Technicals

The USD/CHF declined from 1.0231 levels, erasing Fridays gains, after ISM Manufacturing data released from the US market printed positive figures. Data released in the US was worse than expectations, as ISM Manufacturing...

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Economy

Asia's Manufacturing Activity Stagnates Amid Mixed Signals

Overview of Asias Manufacturing Activity in October Asias manufacturing activity experienced stagnation in October, as a rebound in China failed to significantly uplift regional factories, according to private...

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

New Home Prices in China Rise Amid Market Recovery Efforts

New Home Prices in China Rise Amid Market Recovery Efforts In October, new home prices in China experienced a notable increase, reflecting a potential shift in the property markets trajectory. According to a...

South Korea's Export Growth Falls to Seven-Month Low Amid Global Demand Concerns

South Koreas Export Growth Drops as Global Demand Slows South Koreas export growth slowed sharply in October, rising just 4.6% year-over-year to $57.52 billion, marking the smallest increase in seven months. This...

Macquarie Group Reports Lower-Than-Expected First-Half Profits Amid Commodities Slowdown

Macquarie Group Misses First-Half Profit Estimates as Commodities Trading Declines Macquarie Group, Australias largest investment bank, reported a first-half profit increase of 14% to A$1.61 billion (USD 1.06...

Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

With Election Day only days away, Donald Trump intensifies his campaign to woo crypto advocates, announcing a sweeping Bitcoin agenda that promises to keep BTC mining stateside and challenges claims from Kamala Harris....

‘Garbage or Nazis?’ Gov. Tim Walz Defends Biden’s Remarks on Trump Supporters—‘He Was Very Clear!’ Critics Demand Apology

Minnesota Governor Tim Walz is facing backlash after defending President Joe Bidens recent comment that referred to Trump supporters as garbage. In his statement, Walz, who recently compared Trump supporters to Nazis,...

‘America’s Going to Love It!’ Elon Musk Teases ‘Fun’ Second Trump Presidency—‘It’s Gonna Be Awesome!’ Sparks Mixed Reactions

In a tweet that has stirred up strong opinions across social media, billionaire Elon Musk shared his take on a potential second presidency for former President Donald Trump, calling it the most fun America has had in a...

‘A System Flaw Exposed!’ Non-Citizen Voting Incident at University of Michigan Sparks Outrage—‘Ballot Will Still Count!’

A 19-year-old student from China, enrolled at the University of Michigan, faces charges of illegal voting and perjury for allegedly casting a ballot in the 2024 U.S. election. The case has ignited a firestorm of...

Science

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...

Urgent Alert: New COVID Variant Causes Alarming Symptoms—You Must Know This!

The UK is experiencing a rise in COVID-19 cases, with the UK Health Security Agency (UKHSA) confirming that the XEC strain of the virus is spreading. This variant, a combination of the KS.1.1 and KP.3.3 strains, is...

Technology

Costco Offers $2,000 Holiday EV Discounts—Tesla Misses Out on Seasonal Savings

Costco is kicking off the holiday season with discounts of up to $2,000 on select electric vehicles, including models from Chevrolet, GMC, Cadillac, Volvo, and Polestar. The promotion runs through January 2, but Tesla...

Nvidia Boots Intel from Dow Jones as AI-Driven Growth Redefines the Chip Industry Giants

Nvidia will replace Intel in the Dow Jones Industrial Average on Nov. 8, a move highlighting AIs reshaping of the chip industry. With Nvidias market cap surging amid record AI chip sales, Intels historical dominance in...

$7.94 Billion Toncoin Whale Wave: Massive 24-Hour Transactions Leave Rivals Behind

Toncoin whales are making waves with a staggering $7.94 billion transacted in just one day, a 90% spike that defies the recent slump seen in Ethereums volume. This whale-driven surge underscores Toncoins rising influence...

Shiba Inu Lead Kusama Drops ‘Growvember’ Tease — What’s Brewing for SHIB Fans?

In a mysterious Growvember post, Shiba Inus lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards. The SHIB community is on high alert as...
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