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Gold edges higher after five daily dips

Sep 11, 2015 04:13 am UTC| Technicals

Gold prices rose from four-week lows as uncertainty crept back into global equity markets, while a weaker greenback also helped to spur some bidding. Bullion futures rose 0.71% to $1,110.00 per troy ounce after...

FxWirePro: Buy USD/JPY at dips around 120.60-65 with SL around 119.95 for the TP of 121.70/122.30

Sep 11, 2015 02:55 am UTC| Technicals

USD/JPY has made a high of 121.32 yesterday and declined till 120.46 . It is currently trading at 120.82 trend is still bullish as long as support 119.95 holds. Any break below 119.95 will drag the pair further down...

FxWirePro: USD/CHF key support at 0.9670, buy deals are recommended around 0.9680

Sep 10, 2015 17:56 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9700 levels, after failing to hold above monthly high at 0.9825, the pair has broken 50% fib retracement level at 0.9712 and is moving to test next resistance level at 0.9670. The...

FxWirePro: USD/JPY key support at 119.80, buy deal are recommended around 120.30

Sep 10, 2015 14:31 pm UTC| Technicals

USD/JPY has broken support level at 120.77 and is set to test next support level at 120.30, the support level at 120.30 set to hold the bears from falling further below and push the pair upwards, as the US dollar is...

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

Sep 10, 2015 14:12 pm UTC| Technicals

Crude oil (WTI) is finding support around $43.3/barrel critical support area, however sellers remain at large as market awaits report from EIA. A break below could lead is moving sharply lower ahead of FOMC meeting next...

FxWirePro: GBP/CHF correction phase ends – stay on with diagonal debit call spreads as uptrend likely to resume

Sep 10, 2015 13:07 pm UTC| Technicals

Weve been successful in tracing out trend reversal on GBPCHF as last week we rightly stated that EOD and weekly technicals raises a caution for ongoing short term downtrend as dropping prices do not evidence corresponding...

Glimpse on USD/CHF delta risk reversal and minimal cost of hedging

Sep 10, 2015 13:02 pm UTC| Technicals

USDCHF pair has been absolutely non-directional and puzzling from mid August, earlier to which the pair was moving well within the range. For short term traders it seems like uptrend remains intact as the RSI oscillator...

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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...

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

Costco Offers $2,000 Holiday EV Discounts—Tesla Misses Out on Seasonal Savings

Costco is kicking off the holiday season with discounts of up to $2,000 on select electric vehicles, including models from Chevrolet, GMC, Cadillac, Volvo, and Polestar. The promotion runs through January 2, but Tesla...

Nvidia Boots Intel from Dow Jones as AI-Driven Growth Redefines the Chip Industry Giants

Nvidia will replace Intel in the Dow Jones Industrial Average on Nov. 8, a move highlighting AIs reshaping of the chip industry. With Nvidias market cap surging amid record AI chip sales, Intels historical dominance in...

$7.94 Billion Toncoin Whale Wave: Massive 24-Hour Transactions Leave Rivals Behind

Toncoin whales are making waves with a staggering $7.94 billion transacted in just one day, a 90% spike that defies the recent slump seen in Ethereums volume. This whale-driven surge underscores Toncoins rising influence...

Shiba Inu Lead Kusama Drops ‘Growvember’ Tease — What’s Brewing for SHIB Fans?

In a mysterious Growvember post, Shiba Inus lead Shytoshi Kusama hinted at possible developments for SHIB this November, sparking speculation of new releases and staking rewards. The SHIB community is on high alert as...
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