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FxWirePro: AUD/USD approaching resistance level at 0.7448, sell deals are recommended below 0.7445

Jul 08, 2015 14:03 pm UTC| Technicals

AUD/USD bounced back from 0.7370 level (July 8st lows ) and is trying to test resistance level at 0.7448 (61.8% Retracement Level). The pair is currently trading around 0.7431 levels. It is expected decline further...

FxWirePro: USD/CAD breaks resistance at 1.2730, buy deals are recommended above 1.2685

Jul 08, 2015 13:09 pm UTC| Technicals

USD/CAD broke resistance at level at 1.2730, and is advancing further towards next resistance level. The pair is set to continue its bullish trend towards 1.2800 and 1.2850 later The currency is trading at 1.2760...

EUR/GBP breaks channel resistance at 0.7150, jump till 0.7250 is possible

Jul 08, 2015 12:47 pm UTC| Technicals

RES 4: 0.7925 (61.8% retracement of 0.7482 and 0.6986) RES 3: 0.7250 (Jun 16th high) RES 2: 0.7210 (Jun 22nd high) RES 1: 0.7171(200 day 4HMA) PRICE: 0.7183@ 12:46 GMT SUP 1: 0.7131 (7 day 4 H EMA) ...

FxWirePro: EUR/USD trades in narrow range, good to sell on rallies

Jul 08, 2015 12:13 pm UTC| Technicals

RES 4: 1.1178 (Support turned into resistance) RES 4: 1.1140 (Jul 3rd high) RES 3: 1.1100 (Jul 6th high) RES 2: 1.1030 (20 day 4 HMA) PRICE: 1. 10316 @ 12:09 GMT SUP 1: 1.1100 SUP 2 :1.10720...

Short term outlook on EURUSD

Jul 08, 2015 11:55 am UTC| Technicals

Support 3- 1.0886 (61.8 % Fibonacci retracement) Support 2- 1.0915 (July 7, 2015 Low) Support 1- 1.0970 (50% Fibonacci retracement) Spot Rate- 1.1023 Resistance 1- 1.1090 (38.2 Fibonacci retracement) Resistance 2-...

USD/JPY breaks major support 121.80, decline till 120 is possible

Jul 08, 2015 11:15 am UTC| Technicals

RES 4 :123.70 (Jul 7th high) RES 3 : 123.03 (61.8% retracement of 125.84 and 121.30) RES 2: 122.56 (7 day W EMA) RES 1: 122 PRICE: 121.56 @ 11:05 GMT SUP 1: 121.25 (161.8% retracement of 122.47 and...

Likely contraction in Canada's economy increases the odds of another BoC rate cut

Jul 08, 2015 10:03 am UTC| Technicals

We see a high probability of Bank of Canada cutting rates next Wed to support Canadas flagging economy. Canadian economy is tracking well below the 1.9% pace expected by the Bank of Canada in its April 2015 MPR. In the...

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Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 5th2024 3:30 am AUD Cash...

Concerns Mount Over Vietnam's Draft Data Protection Law

U.S. Tech Industry Warns Vietnam Over Data Law U.S. tech companies are expressing concerns that Vietnams draft data protection law could stifle growth for social media platforms and data center operators. With a...

Palau's Presidential Election: Key Issues and Candidates**

Overview of Palaus Presidential Election Palau, a Pacific Islands nation vital to U.S. military interests amid rising tensions with China, is holding a national presidential election on Tuesday. President Surangel...

Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections

#Title: Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections **Meta Description:** Discover how Commodity Trading Advisors are positioning themselves in U.S....

Oil Prices Surge on OPEC+ Output Delay Amid Political and Economic Events

Oil Prices Surge on OPEC+ Output Delay Oil prices experienced significant gains on Monday, climbing more than $1 following OPEC+s decision to delay output increases. This market movement comes as the U.S. prepares...

Politics

Ben Shapiro Warns: ‘Supreme Court Could Decide the Election!’ Legal Battle Looms if Ballot Disputes Hit Swing States—Is History About to Repeat?

Political commentator Ben Shapiro has presented a scenario that places the U.S. Supreme Court at the center of a potential election showdown, suggesting that unresolved disputes over ballot counts or election...

Skip Bayless on Trump’s Leadership: ‘I Don’t Share His Views, But He’s a Natural-Born Leader!’ Will Fans Agree or Revolt?

In an unexpected twist, sports commentator Skip Bayless recently shared his perspective on former President Donald Trump, describing him as a natural-born leader despite their differing views. Known for his outspoken takes...

Judge Clears Elon Musk’s America PAC’s ‘Million-Dollar Giveaway’—‘This Is Not Vote-Buying!’ Critics Slam Cash Incentives in Swing States as ‘Ethically Dubious’

A Philadelphia judge has ruled in favor of Elon Musks America PAC, allowing the organization to proceed with a controversial million-dollar giveaway targeting registered swing-state voters. The PAC, funded by Musk, aims to...

Elon Musk Blasts ‘Government Overreach’ on Peanut the Squirrel!—‘We’ve Got to Fight Back Against This!’ Will This Viral Squirrel Spark Change?

In a quirky yet serious turn, Elon Musk has shared his thoughts on an unlikely topic: Peanut the Squirrel, a beloved internet sensation turned unexpected point of contention. During a recent interview, Musk humorously...

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...

Technology

Nvidia, Facebook Urge Supreme Court to Dismiss Investor Fraud Lawsuits

Nvidia and Facebook have petitioned the U.S. Supreme Court to dismiss securities fraud class action lawsuits against them. The tech giants argue that allowing these suits to proceed could significantly alter how private...

Suzuki Debuts First Electric SUV Bound for Toyota with New Branding and Cutting-Edge Design

Suzuki has launched the e Vitara, its first-ever electric SUV, designed to be a game-changer as it heads to Toyotas global lineup with unique branding. Powered by a specialized eAxle and ALLGRIP-e AWD, the e Vitara stands...

XRP Surges on Bullish RSI Divergence; Testing Critical Resistance Levels

XRPs price surged past $0.50 today, driven by a bullish divergence on the Relative Strength Index (RSI), marking a pivotal movement that could define its next trajectory. Traders are eyeing resistance near the 50-day...

Michigan Pension Fund Leads in Ethereum ETF Holdings With New $11M Investment

In a strategic expansion into crypto, Michigans state pension fund acquired $11 million in Ethereum via ETH ETFs, positioning itself among Grayscales largest Ethereum ETF shareholders and underscoring its confidence in...
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