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USD/JPY rebound limited to 122.25

Jul 08, 2015 03:54 am UTC| Technicals

Move down to 121.96 followed by rebound only to 122.25, pushing down again Market very much risk off, Shanghai Composite off early low but still down large Initial support at 121.70 on base of daily Ichi...

USD/MYR traded narrow range, market continue to cap rallies

Jul 08, 2015 03:36 am UTC| Technicals

Pair traded 3.8065-90 range only, BNM seen stubborn at 3.81 for now Matter of time before Central bank moves to higher intervention FX reserves at USD105.5bln end June vs USD116bln end December 2014 Pair...

USD/INR likely to open around 63.50, may trade 63.45-63.60 intraday

Jul 08, 2015 03:03 am UTC| Technicals

Pair risks further squeeze on short cover, risk aversion Bonds could see further profit taking sales after good rally this week NDFs traded 63.74-6.87 range overnight, closed 63.75-63.83 in...

FxWirePro: AUD/USD key resistance at 0.7488, sell deals are recommended below 0.7460

Jul 07, 2015 18:24 pm UTC| Technicals

AUD/USD fell from 0.7495 (July 7th high) to 0.7400 level. It is approaching to test resistance at 0.7440. The pair is currently trading around 0.7435 level. It is expected decline further towards 0.7380 and later...

FxWirePro: Sell NZD/USD below 0.6670, down trend to continue further below

Jul 07, 2015 17:37 pm UTC| Technicals

NZD/USD fell from 0.6667 level and tested support at 0.6618 (23.6% Retracement Level), in the early Us session. Short rally around 0.6665 should be taken as advantage for selling opportunities, As NZD dollar is weak...

FxWirePro: USD/CAD testing resistance at 1.2776, buy deals are recommended above 1.2740

Jul 07, 2015 14:41 pm UTC| Technicals

USD/CAD broke resistance level at 1.2735 (38.2% Retracement level), and is approaching to test resistance level at 1.2775. The pair is set to reach 1.2820 and 1.2850 handle in the short term. The currency is trading...

FxWirePro: EUR/USD approaching resistance at 1.0975, sell deals are recommended below 1.0970

Jul 07, 2015 14:13 pm UTC| Technicals

EUR/USD opened with gap, hit lows at 1.0970, in the early the Asian session and bounced back towards 1.1095 (June 6th high). Due to Greeces no referendum vote on Sunday. The pair is currently trading around 1.1026...

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Economy

FxWirePro- Major Economic Events for the day

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Concerns Mount Over Vietnam's Draft Data Protection Law

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

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

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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

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...

Elon Musk Warns ‘Harris Will Shut Down X!’—Sparks Debate on Free Speech as Election Heats Up. Is His Fear Justified?

Elon Musk has made a bold claim that Vice President Kamala Harris would shut down X (formerly Twitter) if she wins the election, sparking widespread debate and backlash on social media. Musks assertion, made in a recent...

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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