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Fri, Nov 01, 2024 01:41 PM All times are UTC

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FxWirePro: EUR/GBP faces strong resistance around 0.7450, good to buy at dips

Oct 07, 2015 12:23 pm UTC| Technicals

RES 3: 0.7480 (May 5th 2015) RES 2: 0.7450 (Oct 2nd 2015) RES 1: 0.7420 RES 1: 0.7386 (20 day 4 HMA) PRICE: 0.7360 @ 11:48 GMT SUP 1: 0.7340 (38% retracement of 0.7195 and 0.74425) SUP 2:...

FxWirePro: USD/JPY key support at 119.75, bullish in the short term

Oct 07, 2015 12:15 pm UTC| Technicals

USD/JPY pair has slipped sharply to hit support level at 119.75, however after failing to break support level at 119.75 the pair is making an attempt to rebound and reach higher levels. The pair is set to advance further...

FxWirePro: Scope for USD/CAD to slip below 1.30 handle, oil continues to support Loonie

Oct 07, 2015 12:08 pm UTC| Technicals

USD/CAD opened Noram markets 1.3021, -11 pips below the previous close, days range 1.2993/1.3053. Oil continues to underpin the Loonie, Brent was up +1.9%, and WTI rose +2.1% on the day Daily price action has...

FxWirePro: USD/JPY struggles to close above 121, good to buy at dips

Oct 07, 2015 11:49 am UTC| Technicals

RES 4: 122.30 RES 3: 121.75 (28th aug high) RES 2:121.30 ( SEP 10TH HIGH) RES 1: 120.30 (7 day 4 H EMA) PRICE: 120.08 @11:48 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) SUP 2: 119.20 (Sep...

FxWirePro: Aggressive gold traders can clutch long calls on strips, risk averse can book profits

Oct 07, 2015 11:33 am UTC| Technicals

The downtrend in bullion market has been persisting and we can urge this hundred times as the negative delta risk reversal numbers shown in the above nutshell suggests downside hedging in long term has been relatively...

EUR/AUD Trade idea

Oct 07, 2015 11:09 am UTC| Technicals

EUR/AUD has broken major trend line support 1.5635 which confirms short term weakness , a decline till 1.5580/1.5500 is possible . On the higher side major resistance is around 1.5715 and any break above targets 1.5750/1....

Gold faces strong trend line resistance around $1152, break above targets $1169

Oct 07, 2015 10:56 am UTC| Technicals

Gold is facing strong trend line resistance around $1152 ( trend line joining $1169 and $1156) and any break above will take the pair to next level $1160/$1169. On the downside minor support is around $1143 and any...

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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 Burn Rate Soars by 252,910%, as SHIB Price Dips and Experts Call for Caution

Shiba Inus token burn rate skyrocketed 252,910% in the past day, prompting a stark warning from experts who urge investors to remain cautious despite potential price boosts. This burn surge comes as SHIB prices experience...

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...