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FxWirePro: USD/CAD key support at 1.2964, buy deals are recommended above 1.3030

Oct 08, 2015 12:39 pm UTC| Technicals

USD/CAD has strongly rebounded back towards 1.3070 levels, after failing to break support level at 1.2964 yesterday , Currently the pair is testing resistance level at 1.3076. A break above will unleash a strong bullish...

FxWirePro: Gold faces strong trend line resistance around $1154, good to sell on rallies

Oct 08, 2015 12:17 pm UTC| Technicals

Gold breaks trend line resistance around $1152(trend line joining $1169 and $1156) and declined from level. This confirms short term weakness, a decline till $1128 is possible. On the higher side major resistance is...

FxWirePro: USD/CHF key support at 0.9647, upside prevails in the short term

Oct 08, 2015 12:10 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9660 levels, after failing to minor resistance at 0.9740 levels. The pair has been trading in a narrow range off late, and a strong rebound is expected to take place sooner or later...

FxWirePro: USD/JPY key support at 119.68, buy deals are recommended above 119.80

Oct 08, 2015 12:05 pm UTC| Technicals

USD/JPY pair has slipped to hit support level at 119.68 in early European session, however after failing to break support level at 119.68 the pair is making an attempt to rebound and reach higher levels. The pair is set to...

FxWirePro: Sell GBP/JPY on rallies around 183.25-30 with SL around 183.70 for the TP of 182.60/182

Oct 08, 2015 12:02 pm UTC| Technicals

GBP/JPY has broken trend line support around 183.40 which confirms short term weakness, a decline till 182.50/182 cannot ruled out. It has made a high of 184.12 and started to decline from that level. Further...

FxWirePro: USD/CAD largely rangebound into NY session, focus on FOMC minutes

Oct 08, 2015 11:59 am UTC| Technicals

Oil pares gains on an unexpectedly large rise in U.S. inventory levels,but set for largest 1-week rise since Aug U.S. crude stocks rose by 3.1 mln barrels to 461 mln last week as refineries cut output and idled...

FxWirePro: EUR/GBP faces strong resistance around 0.7450, good to sell on rallies

Oct 08, 2015 11:55 am UTC| Technicals

RES 4: 0.7480 (May 5th 2015) RES 3: 0.7450 (Oct 2nd 2015) RES 2: 0.7420 RES 1: 0.7386 (20 day 4 HMA) PRICE: 0.7370 @ 11:48 GMT SUP 1: 0.7340 (38% retracement of 0.7195 and 0.74425) ...

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Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

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Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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