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FxWirePro: GBP/USD key resistance level at 1.5301, bearish in the short term

Sep 03, 2015 12:09 pm UTC| Technicals

The cable is has broken strong support level at 1.5301 and is approaching to test next support level at 1.5261. A breakout at the said resistance level will unleash a strong bearish momentum which may drag the pair all the...

FxWirePro: EUR/USD key support at 1.1220, bearish in the short term

Sep 03, 2015 12:07 pm UTC| Technicals

EUR /USD fell back from 1.1244 levels, after failing to break minor resistance at 1.1244 levels. The pair has started to decline and is all set to test support level at 1.1220 levels, as the euro is weaker across the board...

FxWirePro: EUR/USD shows muted reaction post-ECB, awaits Draghi’s presser

Sep 03, 2015 11:59 am UTC| Technicals

EUR/USD trades around 1.1230, largely unchanged after the ECB decision, markets now await Draghis presser at 1230 GMT The European Central Bank (ECB) in line with widespread expectations, left interest rates...

FxWirePro: South Africa's weak business confidence dents Rand, good to buy USD/ZAR dips

Sep 03, 2015 11:24 am UTC| Technicals

South Africas Rand stumbles as data showed South Africas business confidence fell to a new 16-year low South Africas rand fell 1 percent against the dollar on Thursday, the weakest performance in a basket of 25...

USD/CHF Trade Idea

Sep 03, 2015 11:02 am UTC| Technicals

USD/CHFis 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 faces strong resistance around 121, good to sell on rallies

Sep 03, 2015 10:03 am UTC| Technicals

RES 4 : 122.35 RES 3: 121.75 (61.8% retracement of 125.27 and 116.07) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1 : 120.32 (7 day 4 HEMA) PRICE: 120.37 @10:02 GMT SUP 1:119.56 (38.2%...

FxWirePro: Vols and Greeks for AUD/CAD put ladder in action

Sep 03, 2015 10:01 am UTC| Technicals

Technical Glimpse: The downtrend that has been gradually prolonging and bearish candles are popping up every now and then with abundant volume confirmation. While %D crossover near 80 levels signifies the selling...

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Economy

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Science

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Technology

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

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

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Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

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

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

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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