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FxWirePro: USD/JPY faces strong resistance around 124.50, good to buy at dips

Jul 24, 2015 11:09 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.25 @11:05GMT SUP 1 : 123.30( 200 day 4 HMA) SUP 2 :122.90...

FxWirePro: USD/JPY retraces initial gains, poor China PMI boosts Yen's safe-haven appeal

Jul 24, 2015 05:27 am UTC| Technicals

USD saw renewed buying after the recent weakness, USD/JPY traded higher on the day at 124.036 Safe-haven appeal in yen boosted after miserable China PMI data , USD/JPY erased gains and currently trades flat at...

FxWirePro: Poor China manufacturing PMI weighs on antipodean currencies, drags NZD/USD lower

Jul 24, 2015 04:11 am UTC| Technicals

China manufacturing PMI came in at 15-month low, missing expectations and surprised markets on the downside Poor Chinese data triggered a fresh sell-off among the antipodean currencies, dragged the Kiwi lower towards...

FxWirePro: USD/CHF approaching support level at 0.9550, bullish in the short term

Jul 23, 2015 14:22 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9550 (38.2% Retracement level), as long as the pair trades above 0.9500 levels the pair will n in bulls control. The pair is currently trading around 0.9573 levels. It is...

FxWirePro: USD/CAD approaching support level at 1.2985, buy deals are recommended above 1.2960

Jul 23, 2015 13:52 pm UTC| Technicals

USD/CAD rebounded massively from 1.2960 levels to test resistance level at 1.3026 after US jobless claims and Canadian retail sales were released. The pair is set advance towards 1.3050 and 1.3080 in the short...

FxWirePro: EUR/CHF edges higher, price rejected at 1.0469 lows

Jul 23, 2015 12:19 pm UTC| Technicals

EUR/CHF bounces from 1.0469, currently trades at 1.0512, days range Solid resistance by 1.0508 (30-day upper bollinger-band) likely to cap gains "The outlook for the cross remains bearish below the 1.0500 level (2015...

FxWirePro: Buy GBP/USD above 1.5580, bullish in the short term

Jul 23, 2015 12:12 pm UTC| Technicals

GBP/USD fell back from daily highs at 1. 5669 level after, worse than expected UK retail sales. The cable trimmed some losses after market cooled down from the impact of news. The cable is consolidating at 1.5600 levels...

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Economy

Asia's Manufacturing Activity Stagnates Amid Mixed Signals

Overview of Asias Manufacturing Activity in October Asias manufacturing activity experienced stagnation in October, as a rebound in China failed to significantly uplift regional factories, according to private...

U.S. Job Growth Expected to Slow Amid Hurricanes and Strikes

Overview of U.S. Job Growth in October U.S. job growth is anticipated to slow significantly in October due to the impact of recent hurricanes and strikes among aerospace factory workers. The Labor Departments...

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...

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

Apple’s AI-Enhanced iPhone Sales Boost Revenue, But Conservative Forecast Raises Concerns

Apples latest AI-enhanced iPhone models helped lift fourth-quarter revenue beyond expectations, with earnings per share reaching $1.64. However, a tempered growth forecast and weaker China sales left analysts uncertain...

Uber Hits Record Profit but Issues Cautious Holiday Forecast Amid Booking Slowdown

Despite achieving a record $1.06 billion operating profit in Q3, Uber Technologies Inc. announced a softer-than-anticipated outlook for the holiday quarter. Weaker ride bookings and currency exchange headwinds impacted...

Elon Musk Considers Solar + Battery for Starlink, Enhancing Portable Internet Access Worldwide

Elon Musk, SpaceX CEO, is exploring the potential for a solar and battery-powered Starlink system, responding to user demand for 24/7 high-speed internet access across diverse environments. This enhancement could offer...

Exxon and Chevron Navigate Oil Price Drop as Investor Returns Face Potential Strain

As oil prices slump and market surpluses grow, Exxon and Chevrons latest earnings show resilience yet reveal pressures on future investor returns. Both oil giants are navigating a drop in profits while affirming dividend...

Hyundai IONIQ 5 Sets New Sales Record as Upgraded 2025 Model Prepares for Launch

Hyundais IONIQ 5 continues to dominate the electric SUV market, setting a new October sales record in the U.S. With the release of the 2025 model imminent, the IONIQ 5 is poised for even greater success with upgrades,...