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Fri, Nov 01, 2024 11:25 PM All times are UTC

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Nikkei225 faces support around 55 W EMA, good to buy at dips

Dec 22, 2015 03:19 am UTC| Technicals

Major support - 18600 ( 55 W EMA) The index has declined till 18535 on previous week and recovered from that level. Nikkei has made a low of 18640 yesterday and jumped from that level. it is currently trading around...

GBP/NZD breaks trend line support at 2.20, targets 2.130/2.065

Dec 22, 2015 02:50 am UTC| Technicals

Major trend line support -2.2000 (trend line joining 2.24179 and 2.2043) GBP/NZD has slightly recovered till 2.2180 yesterday and started to decline from this level. It is currently trading around 2.19333. The...

Gold finds resistance at 1081, outlook remains bearish - short around 1080 with targets 1074/1069, SL 1090

Dec 21, 2015 18:03 pm UTC| Technicals

Gold inched higher in the US session adding to earlier gains as weakness in dollar and equities has helped the yellow metal to recover some ground from last weeks losses suffered due to US rate hike. Currently the...

FxWirePro: EUR /USD key resistance at 1.0961, bearish in the short term

Dec 21, 2015 16:11 pm UTC| Technicals

EUR/USD pair has rebounded to trade around 1.0917 levels after Chicago Fed National Activity data printed negative figures at -30. However, further advance is expected to be limited as the pair faces strong resistance at...

FxWirePro: GBP/USD key resistance at 1.4953, sell deals are recommended around 1.4940

Dec 21, 2015 14:47 pm UTC| Technicals

GBP/USD declined in the earlier session to hit low at 1.4885 levels. However, the pair has recovered to trade around 1.4912 levels in the early US session.Currently the pair trying to consolidate above 1.4904 50% fib...

FxWirePro: USDCHF to continue bullish run, key support at 0.9886

Dec 21, 2015 13:07 pm UTC| Technicals

The USD/CHF pair rallied initially to test resistance level at 0.9970 in the early European session. However, after failing to break resistance level at 0.9970,it has retreated back to trade around 0.9941 levels. The...

FX Hedging Strategy Series

FxWirePro: Don’t get baffled in USD/ZAR’s abrupt swings – stay hedged via CRBS

Dec 21, 2015 13:05 pm UTC| Technicals

Following the sharp fall on the back of the change in finance ministers, the ZAR has now regained its value. The immediate reaction to the Fed rate hike has been a strengthening of the ZAR against the USD despite the...

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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...