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FxWirePro: GBP/USD key support at 1.5130, bullish in the short term

Nov 12, 2015 14:24 pm UTC| Technicals

GBP/USD has lost some ground to dollar to trade around 1.5187 levels in the early US session after slipping from 1.5244 levels in the early European session. The cable is currently trading in oversold condition and a...

FxWirePro: USD/JPY key support at 122.64, buy deal are recommended around 122.80

Nov 12, 2015 13:59 pm UTC| Technicals

The USD/JPY pair slipped towards 119.75 levels during early European session, however the pair pulled back some losses after the release of jobless claims data from US market. Currently the pair is trading around 122.95...

USD/CHF Trade Idea

Nov 12, 2015 12:30 pm UTC| Technicals

Harmonic Pattern formed- Bearish Butterfly Pattern Potential Reversal Zone -1.0125. The pair has made a high of 1.0085 at the time of writing and started to decline from that level. Any break above 1.0125...

FxWirePro: EUR/CAD consolidates in narrow range, good to sell on rallies

Nov 12, 2015 12:07 pm UTC| Technicals

EUR/CAD has made a low of 1.4180 today at the time of writing and recovered from that level. It is currently trading around 1.4230. Market awaits Canada housing prices data which is to be released today for further...

FxWirePro: Good to short EUR/JPY rallies around 131.90, breaks below 131.48 could take the pair to 129 levels

Nov 12, 2015 11:29 am UTC| Technicals

EUR/JPY is persistently trading below trendline support at 133.30 after breaking below on Oct 27th. The pair is currently struggling to to overcome 131.80 (61.8% retrace of the 141.06-126.08 rise), Daily Tenkan ...

Euro-Dollar Parity Back On Cards?

Nov 12, 2015 10:25 am UTC| Insights & Views Technicals

ECBs decision to introduce QE at the start of the year had been a game changer for the EUR. Between the middle of December 2014 and early March 2015, EUR/USD dropped around 16.8% to a low of around 1.046. The weeks ahead...

FxWirePro: Strong support for EUR/GBP at 0.7040, good to buy dips

Nov 12, 2015 09:30 am UTC| Technicals

EUR/GBP deflated by dovish Draghi comments which boolstered expectations for ECB to cut depo rate, expand/extend QE at Dec 3 meeting . Draghi said indications that inflation will recover are weakening and that that...

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Economy

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

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...

Dollar Holds Steady Ahead of U.S. Jobs Report, BOJ Signals Potential Rate Hikes

Dollar Maintains Stability Amid U.S. Jobs Report and Fed Speculation The U.S. dollar held steady against major currencies on Friday as investors anticipated the latest U.S. nonfarm payrolls report. This report is...

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...

Nvidia’s $700 Million Run:ai Acquisition Triggers EU Red Flags Over Competition Concerns

Nvidias $700 million acquisition of Israeli AI firm Run:ai faces an EU regulatory review amid competition concerns in tech markets. EU regulators may require Nvidia to make concessions to secure final approval for the...

Elon Musk Fires Back at Zoox Co-Founder's Doubts Over Tesla FSD’s Robotaxi Readiness

Zoox co-founder Jesse Levinsons critique of Teslas Full Self-Driving tech sparked a pointed response from Elon Musk. Levinson questioned Teslas approach to autonomous driving safety, suggesting it isnt equipped for...

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...