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Fri, Nov 01, 2024 11:23 PM All times are UTC

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FxWirePro: GBP/AUD struggles to break above 2.100, good to sell on rallies

Dec 23, 2015 06:51 am UTC| Technicals

GBP/AUD has declined till 2.046 after making high of 2.09670 on Friday. It is currently trading at 2.0496. On the lower side minor support is around 2.050 and any break below targets 2.030/2. The pairs resistance...

FxWirePro: BTC/EUR faces trades in narrow range, good to buy at dips

Dec 23, 2015 06:08 am UTC| Technicals Digital Currency

BTC/EUR has declined till 394 after making a high of 409 yesterday. It is currently trading around 398. On the higher side minor resistance is around 426 and break above targets 400/422/441. The pairs major...

FX Hedging Strategy Series

FxWirePro: CAD/JPY bearish trend still remains intact – capture rallies for fresh shorts

Dec 23, 2015 05:54 am UTC| Technicals

The divergence to the previous sideway trend on daily chart that has shown their bearish effects clearly so far. Monthly RSI has consistently been converging downwards, now with a resembling bearish engulfing pattern at...

FxWirePro: BTC/USD struggles break above $468, good to buy at dips

Dec 23, 2015 05:42 am UTC| Technicals Digital Currency

The pair has made a high of $466 and declined till $425 from that level. It is currently trading around $438. Short term trend is still bullish as long as support $425 holds. Any close above major resistance...

FxWirePro: Rising triangle pattern found on NZD/JPY charts, strong resistance at 83.20

Dec 23, 2015 05:40 am UTC| Technicals

Rising triangle pattern found on NZD/JPY charts, with strong resistance at 83.20 trendline. Price action is above the cloud and Tenkan and Kijun show bullish crossover above the cloud which shows upside potential, RSI...

FxWirePro: EUR/AUD extends sideways trade, further downside seen on close below 1.5070

Dec 23, 2015 03:55 am UTC| Technicals

Range trading continues to dominate in EUR/AUD, pair enters 3rd week of the choppy 1.4945/1.5345 range Surprisingly strong bounce in iron ore (up 8.65% since its Dec 11 low of USD37) likely to help the AUD, broadly...

Major Asian Indices Technical Analysis

Dec 23, 2015 03:23 am UTC| Technicals

Hang Seng: Hangsang has broken major resistance 22000 and jumped till 22080 at the time of writing. It is slightly bullish a jump till 22240 is possible . On the lower side minor support is around 21700 and any...

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Economy

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...

Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

Indonesias Inflation Trends: Headline Eases, Core Inflation Surges October Inflation Overview Indonesias headline inflation rate eased to 1.71% in October, down from 1.84% in September. This rate aligns...

China Halts Investments in Europe Amid New Tariffs on EVs

China Halts Investments in Europe Amid New Tariffs on EVs China has directed its automakers to pause significant investments in European countries backing new tariffs on Chinese-made electric vehicles (EVs). This...

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

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

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...

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...

Chinese Military AI Uses Meta’s Llama Model in Bold Move for Intelligence Gathering

In a provocative development, Chinese military-linked researchers have reportedly adapted Metas Llama AI model into a tool for intelligence gathering. This AI, named ChatBIT, uses the open-source model to analyze sensitive...