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USD/JPY trades above 120 level, jump till 121 is possible

Sep 21, 2015 10:55 am UTC| Technicals

RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1: 120.23 (20 day 4 HMA) PRICE: 120.31 @10:55 GMT SUP 1: 119.50 (38.2% retracement of...

FxWirePro: EUR/GBP option trade ideas - deploy short combinations on rallies

Sep 21, 2015 09:53 am UTC| Technicals

The objective of profit maximization can even be attained formulating EURGBP options combinations if you think you are running short of capital exposure for spot FX shorting, well.., you can very well do the same utilizing...

USD/CHF faces strong trend line resistance around 0.9725, decline till 0.9595 is possible

Sep 21, 2015 08:42 am UTC| Technicals

USD/CHF has recovered after making a low of 0.9526. It is currently trading at 0.9680. Intraday trend is still weak as long as trend resistance 0.9725 holds. Any break above 0.9725 will take the pair to next level...

FxWirePro: Delta risk reversal does not favor XAU/USD sentiments but technical does

Sep 21, 2015 08:13 am UTC| Technicals

From the above table one can observe the delta risk reversal has maintained its red zone with higher volatility as well. Delta risk reversal of ATM gold contracts is gradually rising into negative despite their prices...

FxWirePro: USD/JPY bounces back from 119.73, good to buy dips

Sep 21, 2015 07:48 am UTC| Technicals

USD/JPY bottomed around 119.70 region in the late-Asian trades on dampened risk appetite. The major has recovered most losses as the greenback pared early losses against its major competitors amid easing risk-off...

FxWirePro: Buy USD/JPY at dips around 120.-120.10 with SL around 119.60 for the TP of 120.95

Sep 21, 2015 07:33 am UTC| Technicals

USD/JPY breaks short term trend line resistance 120 (trend line joining 120397 and 120.14) and a slight jump till 120.95 is possible. Further trend reversal only above 121.30. Any break above 121.30 will take the...

FxWirePro: Avoid fresh longs on EUR/AUD as it breaches channel line support - vega spreads to speculate on HY vols

Sep 21, 2015 07:26 am UTC| Technicals

EURAUD breaks channel line support back again at around 1.5695 levels to move towards southwards, while leading oscillators also signal bearish calls as they are converging downwards to the dropping prices. RSI curve is...

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Economy

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Indonesia's Inflation Eases, Core Inflation Surges Amid Economic Challenges

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China Halts Investments in Europe Amid New Tariffs on EVs

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Politics

Donald Trump’s Last Crypto Call Rallies Bitcoin Supporters in High-Stakes Election Push

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U.S. Election Officials Brace for Disruptions Amid Misinformation and Threats

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Science

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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

Chinese Military AI Uses Meta’s Llama Model in Bold Move for Intelligence Gathering

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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...