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FxWirepro: EUR/AUD forms Bullish Cypher Pattern, good to buy at dips

Oct 01, 2015 07:23 am UTC| Technicals

Harmonic Pattern Formed- Bullish Cypher pattern Potential Reversal Zone (PRZ) - 1.5720. The pair has made a high of 1.6250 and retreated till 1.5780 level. It is currently trading at 1.5798. The major support is...

FxWirePro: BTC/USD consolidates in narrow range, good to buy at dips

Oct 01, 2015 06:53 am UTC| Technicals

BTC/USD is facing strong support around $220 and any further weakness only below $220 level. It is currently trading at $224.95. Short term trend is weak as long as resistance $235 holds. The major resistance is around...

FxWirePro: NZD/USD rejected at 0.6428, good to sell rallies

Oct 01, 2015 05:57 am UTC| Technicals

New Zealand dollar received a lift after the Chinese surveys, edged higher to hit multi week highs at 0.6428 Gains were however capped at highs, the pair has slipped lower to currently trade at 0.6408, close the 0.64...

FxWirePro: AUD/USD holds well above 0.7000 after upbeat Chinese PMI data, good to buy at dips

Oct 01, 2015 05:43 am UTC| Technicals

Aussie has broken minor resistance 0.7065 on upbeat Chinese PMI and it is currently trading at 0.7061. Chinese Manufacturing PMI for Sep came at 49.8 compared to forecast of 49.7. Technically any break above 0.7065 will...

FxWirePro: AUD/USD shorts squeezed on China PMI data, pair holds intraday gains

Oct 01, 2015 05:31 am UTC| Technicals

The Antipodean were squeezed higher on Thursday after Chinese manufacturing activity came in better than expected, providing some reprieve The Australian dollar spiked against the USD on the day to hit session highs at...

AUD/JPY breaks minor trend line resistance, jump till 86 is possible

Oct 01, 2015 05:09 am UTC| Technicals

AUD/JPY has broken minor trend line resistance around 84.60 (trend line joining 84.97 and 84.66) and this confirms short term bullishness a jump till 85.35/86 cannot be ruled out . Overall bullishness can be seen only...

FxWirePro: USD/JPY above the 120.0 handle, faces resistance at 120.27

Oct 01, 2015 05:05 am UTC| Technicals

USD firmed slightly on Thursday on China data relief, pushing USD/JPY above the 120.00 psychological level Chinas Sept NBS manufacturing PMI came in slightly better than expected, but still sits in contraction territory...

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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

Could Sam Altman's World Chain's Ethereum L2 Upgrade Push WLD Price to $10?

World Chain announced on November 1 its integration with Across on Ethereum Layer 2, enhancing secure cross-chain transactions and adding ERC-7683 support. The update may drive global adoption, leading market watchers to...

XRP Poised for Breakout if Market Demand Holds Strong at Key Support Level

XRP, Ripples native cryptocurrency, saw heightened market activity and price stability at its $0.505 support level, climbing to $0.523 in Fridays early trading. With a 43% increase in volume, investor sentiment appears...

Veteran Trader Sees Ethereum Dropping to $1,551 Amid Unmet Bearish Target and Analyst Warnings

Ethereums price faces a potential downward shift, with veteran trader Peter Brandt predicting a drop to $1,551 amid bearish chart structures. While some analysts see a 10-20% downside, others anticipate a reversal...

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...
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