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FxWirePro: EUR/USD outlook weaker on renewed downside pressure

Nov 29, 2016 14:33 pm UTC| Technicals

EUR/USD pair declined on Tuesday as the pair was weighted down after dollar rose across the board after data showed U.S. GDP grew unexpectedly faster than initially thought in the third quarter. Gross domestic product...

FxWirePro: USD/CAD Trade Idea

Nov 29, 2016 12:33 pm UTC| Technicals

Major Intraday Support 1.3390 Loonie has once again recovered sharply after declining slightly below 1.4000 level. It is currently trading around 1.34525. The pair has also broken major trend line resistance...

FxWirePro:US Dollar Index downside capped by 23.6% retracement , good to buy on dips

Nov 29, 2016 11:40 am UTC| Technicals

Major resistance 102.05 The U.S dollar index has formed a double bottom around 100.65 and started to recover from that level. . It is currently trading around 101.30. DXY downside is capped by 23.6% retracement...

FxWirePro: Is it a make or break passage for long lasting range bounded trend of EUR/CHF? Interim bids on “One touch binary calls”

Nov 29, 2016 10:14 am UTC| Technicals

The bulls supported by momentum indicators to break-out above resistance of 1.0728. Ever since the pair tested supports at 1.0684 levels, the bull swings are intensifying cushioned by the healthy buying momentum. RSI...

FxWirePro: USD/CAD struggles to close below 1.3400, good to buy on dips

Nov 29, 2016 10:13 am UTC| Technicals

Major Intraday Support 1.3390 Loonie has once again recovered sharply after declining slightly below 1.4000 level. It is currently trading around 1.34525. The pair has also broken major trend line resistance...

FxWirePro: USD/ZAR rejects key support at 13.70 mark, sustained close above targets 14.11

Nov 29, 2016 08:37 am UTC| Technicals

USD/ZAR is currently trading around 13.84 levels. It made intraday high at 13.89 and low at 13.70 levels. Intraday bias remains bullish till the time pair holds key support at 13.70 marks. A daily close...

FxWirePro: FTSE100 faces strong trend line support at 6720, good to buy on dips

Nov 29, 2016 08:10 am UTC| Technicals

Major resistance- 7000 Major support - 6720 (trend line joining 5727 and 6609) The FTSE100 index is trading in narrow range between 6889 and 6752 for the past six trading session. It is currently trading around...

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Economy

Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance

Russian stocks closed mixed after Saturdays trading session on the Moscow Exchange, with the benchmark MOEX Russia Index finishing unchanged at 0.00%. Despite the flat headline performance, individual stocks showed varied...

Global Markets Slide as Tech Stocks Sink, Yields Rise, and AI Concerns Deepen

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Politics

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Russian Drone Attack Hits Turkish Cargo Ship Carrying Sunflower Oil to Egypt, Ukraine Says

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International Outcry Grows Over Re-Arrest of Nobel Laureate Narges Mohammadi in Iran

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Belarus Pledges to Halt Smuggling Balloons Into Lithuania

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Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

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Technology

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

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Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

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Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform

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Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns

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Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO

Moore Threads Technology Co Ltd (SS:688795), a Chinese graphics chipmaker often described as Chinas potential rival to NVIDIA Corporation (NASDAQ:NVDA), saw its share price fall sharply on Friday after the company issued a...
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