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Fri, Nov 01, 2024 01:38 PM All times are UTC

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FxWirePro: NZD/USD breaks and closes above 0.6568 resistance, broader rally might ensue

Dec 01, 2015 05:45 am UTC| Technicals

NZD/USD held support at 0.6550 in yesterdays trade and edged higher to break and close above trendline resistance at 0.6568 We see some signs that a broader rally might ensue, bulls could target cloud top at 0.6662...

USD/JPY slips sharply from session highs, has strong support at 122.30, good to buy dips around 122.70

Dec 01, 2015 03:42 am UTC| Technicals

Risk-on rally in the Asian equities on the back of upbeat Caixin Chinas manufacturing survey failed to support USD, which corrected lower across the board Profit taking was seen after the US dollar index faced...

FxWirePro:Cable forms bearish Shark pattern, good to buy at dips

Dec 01, 2015 03:22 am UTC| Technicals

Harmonic Pattern - Bearish Shark pattern Potential Reversal Zone (PRZ) - 1.4980 The cable has made a low of 1.49935 and recovered from that level . It is currently trading at 1.50918. The pair has broken major...

Explainer: how Uber and Airbnb are reducing their Australian tax bill

Dec 01, 2015 00:12 am UTC| Business Technicals

The current international tax regime was developed in the last century when the internet was not yet invented. At that time, a foreign company would typically require a substantial physical presence in Australia before it...

FxWirePro: USD/CAD key support at 1.3280, buy deals are recommended above 1.3300

Nov 30, 2015 16:40 pm UTC| Technicals

USD/CAD slipped backwards towards 1.3215 levels after the release of Canadian current account index in the early US session. However, decline is expected to be limited around 1.3280 levels as the pair is likely to find...

FxWirePro: GBP/USD key resistance at 1.5191, sell deals are recommended below 1.5120

Nov 30, 2015 15:11 pm UTC| Technicals

The cable has jumped towards 1.5052 levels, after finding support level at 1.4995. However, the pair is set flatter further towards 1.4900 levels in the short term, as there is strong bearish momentum below 1.5200...

FxWirePro: USD/CHF key support at 1.0240, bullish in the short term

Nov 30, 2015 14:44 pm UTC| Technicals

The USD/CHF pair rallied from 0.9709 to test minor resistance level at 1.0321 in the early European session. However, after failing to break resistance level at 1.0321, the pair has turned back towards 1.0287 support...

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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

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...

U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

Heightened Security Measures in Key Battleground States Ahead of Election Day With the U.S. election just days away, officials across crucial battleground states like Philadelphia, Detroit, and Atlanta are...

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

Shiba Inu's Shytoshi Kusama Strikes Back at Critics, Claims SHIB Outpaces Bitcoin

Shiba Inus enigmatic lead developer, Shytoshi Kusama, has fired back at critics doubting SHIBs potential, emphasizing its staggering 33 million percent growth since 2020 and asserting that it outperforms even...

OpenAI's ChatGPT Search Takes on Google—Here's How to Use It

In a bold move against Google, OpenAI has unveiled ChatGPT Search, enhancing its AI with powerful search capabilities. Powered by GPT-4o, this new feature is rolling out to ChatGPT Plus users. Heres how you can get started...

XRP Whale Drops 31M Tokens As SEC Battle Reaches Pivotal Moment

An XRP whale transferred 31 million tokens to Bitso, intensifying market chatter as Ripples legal showdown with the SEC hits a pivotal stage. With XRP hovering around $0.50 support, investors brace for possible sell-off...

Bitcoin Eyes $123K as Zeberg Highlights Key Fibonacci, RSI, and MACD Signals

Bitcoins price could soon reach $123,000, predicts Henrik Zeberg, as technical indicators signal substantial upward momentum. With Bitcoin nearing critical Fibonacci and RSI thresholds, Zeberg suggests a powerful rally may...

BlackRock’s $2.2 Billion Bitcoin ETF Stands Out, Surpassing Top Global Funds in Unmatched Inflow

BlackRocks iShares Bitcoin ETF drew an astounding $2.2 billion weekly inflow, outperforming major global funds and underscoring Bitcoins surging appeal among institutional investors as the cryptocurrency nears record...