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FxWirePro: EUR/GBP edges lower from highs at 0.7478, more downside instore on close below channel top

Jan 08, 2016 12:04 pm UTC| Technicals

EUR/GBP has reversed days gains from highs of 0.7478 and is trading at 0.7447 levels. A close below channel top 0.7454 will see downside upto 0.7393 levels and further below to 0.7360. Daily Stochs are at...

GBP/AUD Trade Idea

Jan 08, 2016 11:57 am UTC| Technicals

The pair has jumped till 2.086 after breaking minor trend line resistance 2.045 (trend line joining 2.1269 and 2.09682). It is currently trading around 2.0769. GBP/AUD is facing resistance around 2.095 (trend line joining...

FxWirePro: Gravestone Doji on AUD/USD charts shows selling pressure at highs

Jan 08, 2016 11:39 am UTC| Technicals

AUD/USD broke major trendline support at 0.71 on Wednesdays trade to edge lower. It fell to a 3-month low of 0.6980 on Thursday, before recovering to session highs at 0.7076 on the day. The antipodeans remained...

FxWirePro: USD/CAD retreats after making a high of 1.4169, good to buy at dips

Jan 08, 2016 09:42 am UTC| Technicals

Loonie has made a high of 1.4169 and started to decline from that level. It is currently trading around 1.4110 The pair has declined till 1.4050 and recovered from that level. Short term trend is still bullish as...

FxWirePro: GBP/AUD faces resistance around 2.095, good to buy at dips

Jan 08, 2016 09:02 am UTC| Technicals

FX Hedging Strategy Series

FxWirePro: Cover NZD/USD longs to build long term hedging with diagonal delta combos

Jan 08, 2016 08:36 am UTC| Technicals

Long term Hedging Perspectives: The risk bias to antipodean currencies remains firmly to the downside in 2016. Hence, we are bearish on NZD for 2016 and forecast NZD/USD at 0.59 by Q1 of 2016 and 0.61 by Q4 of...

FxWirePro: Gravestone doji evidences reversal as NZD/USD moves in sloping channel, hovering at channel resistance and MA

Jan 08, 2016 08:30 am UTC| Technicals

Weekly analysis: Despite the breach of channel line resistance at 0.6723, pair still shows further weakness as it doesnt seem to sustain. Well, long-term investors dont get bull trapped in this pair as it is clearly...

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Economy

U.S. Stock Markets Surge as Amazon Leads Gains Ahead of Election

U.S. Stock Markets Rally on Amazons Earnings On Friday, U.S. stock indexes experienced a notable uptick, driven primarily by Amazon.com, which saw a 6.2% increase in shares following robust earnings that exceeded...

Trump Pledges 100% Tariff on Stellantis for Potential U.S. Job Relocation to Mexico

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U.S. Consumer Protection Bureau Settles Racial Bias Lawsuit with Chicago Mortgage Lender

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Politics

Trump’s VP Pick JD Vance Has a Surprising Bitcoin Stake — Could This Influence US Crypto Policy?

JD Vance, Donald Trumps vice presidential pick, is making waves with his significant Bitcoin holdings, which underscore his pro-crypto stance. Known for his support of digital assets in the Senate, Vances investment...

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

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‘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

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!'

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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

Bitcoin Hits New Highs, Yet Economist Calls It 'Just Another Bubble'

Despite Bitcoin shattering previous records, economist Robin Brooks isnt convinced. He describes the cryptocurrency as just another bubble inflated by Federal Reserve rate cuts, casting doubt on its legitimacy amid the...

Shiba Inu's Kusama Proposes Vitalik Buterin Meeting to Boost SHIB-Ethereum Synergy

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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...