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FxWirePro: Sell USD/CHF above 0.9700 with SL around 0.9640 for the TP of 0.9800/0.9825

Sep 03, 2015 03:09 am UTC| Technicals

USD/CHF is facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness , a jump till 0.9764/0.9800 cannot be ruled out . on the downside minor support is around...

FxWirePro: USD/JPY key resistance at 120.40, bearish in the short term

Sep 02, 2015 14:55 pm UTC| Technicals

USD/JPY rebounded after hitting minor resistance level at 119.66 to reach levels at 120.30 in the European session, however strong resistance can be seen at 120 40 levels, the pair is set to flatter below this level ,...

FxWirePro: GBP/USD key resistance at 1.5351, bearish in the short term

Sep 02, 2015 13:52 pm UTC| Technicals

The cable has continuously declined in the past four sessions to test new lows, having broken 38.2 fib retracement levels, GBP/USD is still under downward pressure and is set to fall further down below. Currently the...

FxWirePro: GBP/USD option strips serving better - delta call yet to function

Sep 02, 2015 13:05 pm UTC| Technicals

Cable is currently trading at spot 1.5275, we suggested this strategy on 28th of last month and we are still eying upon strip straddle because speculating opportunities lingering as the pair has been oscillating on either...

Roller coaster ride in WTI – calls updated

Sep 02, 2015 12:19 pm UTC| Technicals

Todays weekly inventory report is turning out to be make or break event for WTI benchmark as it is testing key interim support at $43.3/barrel. WTI is currently trading around $43.5/barrel area. For the past five days,...

FxWirePro: USD/TRY debit call spread on minor corrections of healthy uptrend

Sep 02, 2015 12:15 pm UTC| Technicals

With swing trading mindset, we are recommending to buy 1M 1% in the money 0.68 delta calls and simultaneously short 7D 1.5% out of the money call, the combined delta value should be around 0.45. Weve shown in the diagram...

FxWirePro: USD/TRY shooting star signifies minor correction – inflation glitch due to currency depreciation

Sep 02, 2015 12:13 pm UTC| Technicals

Technical briefing: Its been a healthy uptrend for this pair as there is timely correction every as and when required, you can make out this from daily charts. So for now, weekly charts signal that a correction is...

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Economy

U.S. Stock Markets Surge as Amazon Leads Gains Ahead of Election

U.S. Stock Markets Rally on Amazons Earnings On Friday, U.S. stock indexes experienced a notable uptick, driven primarily by Amazon.com, which saw a 6.2% increase in shares following robust earnings that exceeded...

Trump Pledges 100% Tariff on Stellantis for Potential U.S. Job Relocation to Mexico

Trump Pledges 100% Tariff on Stellantis for Job Relocation to Mexico Republican presidential candidate Donald Trump announced at a rally in Michigan on Friday that, if elected, he would impose a 100% tariff on...

U.S. Consumer Protection Bureau Settles Racial Bias Lawsuit with Chicago Mortgage Lender

Settlement Details The Consumer Financial Protection Bureau announced a settlement with Chicago mortgage lender Townstone Financial, concluding a years-long lawsuit over alleged racial discrimination. Townstone will...

Washington State Governor Activates National Guard Amid Election Violence Concerns

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NVIDIA Joins Dow Jones Industrial Average, Replacing Intel in Strategic Industry Shift

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Politics

Trump’s VP Pick JD Vance Has a Surprising Bitcoin Stake — Could This Influence US Crypto Policy?

JD Vance, Donald Trumps vice presidential pick, is making waves with his significant Bitcoin holdings, which underscore his pro-crypto stance. Known for his support of digital assets in the Senate, Vances investment...

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

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

Bitcoin Hits New Highs, Yet Economist Calls It 'Just Another Bubble'

Despite Bitcoin shattering previous records, economist Robin Brooks isnt convinced. He describes the cryptocurrency as just another bubble inflated by Federal Reserve rate cuts, casting doubt on its legitimacy amid the...

Shiba Inu's Kusama Proposes Vitalik Buterin Meeting to Boost SHIB-Ethereum Synergy

In a strategic move to elevate Shiba Inus status, lead developer Shytoshi Kusama has requested a meeting with Ethereums Vitalik Buterin to discuss SHIBs future plans, technological innovations, and how the project aligns...

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...