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API reports deficit, while WTI awaits EIA report – calls updated

Oct 07, 2015 13:27 pm UTC| Technicals

Crude oil (WTI) has broken above its triangular consolidation suggesting further rise. Key factors at play in Crude market Crude oil production is declining for high cost producers, such as shale gas but still not...

FxWirePro: USD/CHF key support at 0.9647, upside prevails in the short term

Oct 07, 2015 13:15 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9652 levels, after failing to break above 0.9686 levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or later around...

FxWirePro: EUR/USD key support at 1.1234, bullish in the short term

Oct 07, 2015 12:54 pm UTC| Technicals

EUR /USD pair slipped to lower levels in early European session after German industrial output posted its steepest drop in the year. However, the pair managed to recover after hitting strong support level at 1.1234 and is...

FxWirePro: EUR/USD key support at 1.1234, bullish in the short term

Oct 07, 2015 12:54 pm UTC| Technicals

EUR /USD pair slipped to lower levels in early European session after German industrial output posted its steepest drop in the year. However, the pair managed to recover after hitting strong support level at 1.1234 and is...

AUD/JPY trades well above 85 level, jump till 87.20 is possible

Oct 07, 2015 12:49 pm UTC| Technicals

AUD/JPY has broken major resistance around 85.50 and jumped till 86.37 from that level. Intraday weakness can be seen only below 85.70. Any break below 85.70 will drag the pair further down till...

FxWirePro: Hanging man & leading oscillators signal exhausted USD/CAD uptrend – Diagonal bull spreads for hedging

Oct 07, 2015 12:46 pm UTC| Technicals

We could foresee the bulls taking halt at this point, this has been confirmed with a hanging man candle formation on weekly chart at 1.3219. Hanging man at peaks of the uptrend is a bearish signal but there has to be...

EUR/USD faces major trend line resistance at 1.1276, break above targets 1.1370

Oct 07, 2015 12:27 pm UTC| Technicals

EUR/USD is facing major trend line resistance at 1.12760 (trend line joining 1.14592 and 1.13180) and break above confirms short term bullishness, a jump till 1.1340/1.1370 is possible . On the downside major 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

‘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

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

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...
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