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Fri, Nov 01, 2024 01:31 PM All times are UTC

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FxWirePro: AUD/USD key resistance at 0.7240, sell deals are recommended around 0.7220

Nov 27, 2015 15:30 pm UTC| Technicals

AUD/USD has slipped towards 0.7188 levels after failing to break resistance level located at 0.7240 in the early Asian session today. The pair has declined below 0.7200 levels and is approaching to test support level at...

FxWirePro: USD/JPY key support at 122.30, bullish in the short term

Nov 27, 2015 14:38 pm UTC| Technicals

USD/JPY has rebounded strongly after hitting support level at 122.30 in the early Asian hours to trade at 122.74 levels, the support level at 122.30 set to hold the bears from falling further below and push the pair...

FX Hedging Strategy Series

FxWirePro: Iron butterfly best suitable for loonies’ narrow range trend – vega gains on IV factor

Nov 27, 2015 13:57 pm UTC| Technicals

Loonie has remained in narrow range between 1.3435 - 1.3224 on 06/11, on the verge of Feds big event dollar eying on gains, but bears of USDCAD began trimming gains as it touches the intermediate highs of 1.3370, so advise...

FxWirePro: GBP/USD OTC “blowing out of proportion” - offset expensive ATM puts with option arbitrage

Nov 27, 2015 13:15 pm UTC| Technicals

The cable has cleared all crucial support zones, although bearish trend is on but dont expect steep slumps. As a result of bearish sentiments mounting in spot FX, OTC markets look like overreacting, please be noted that...

GBP/JPY Trade Idea

Nov 27, 2015 12:06 pm UTC| Technicals

Major intraday support -184.30 Any break below 184.30 will drag the pair slightly down till 183.40/183. Overall trend reversal level is 186 and above that level it will reach till 187/188. On the higher side...

GBP/JPY breaks major support 184.30, targets 183

Nov 27, 2015 11:43 am UTC| Technicals

GBP/JPY has broken major support 184.30 and this confirms major trend reversal , a decline till 183.80/183 is possible. Minor intraday trend reversal only above 185 and above 185 it will reach till 185.60/186. It...

FxWirePro: USD/CHF hits five- year high on talk SNB will follow ECB, good to buy at dips

Nov 27, 2015 11:31 am UTC| Technicals

USD/CHF has made a five year high on talk SNB will follow ECB. The pair made a high of 1.03280 and slightly declined from that level. It is currently trading at 1.02918. SNB President told Swiss news paper that Our...

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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...