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FxWirePro: AUD/USD key resistance at 0.7250, bearish in the short term

Aug 28, 2015 13:54 pm UTC| Technicals

AUD/USD is rebounding to higher levels after hitting minor resistance at 0.7118, currently the pair is approaching to resistance level at 0.7156 fib 50%. The resistance level at 0.7183 is set to hold the bulls from...

FxWirePro: USD/CAD testing trendline support to surge again, saucer pattern suggests long term uptrend remains intact

Aug 28, 2015 13:53 pm UTC| Technicals

Currently the pair has been able to test trendline support at 1.3288 levels; if we have to compare the same with monthly plotting then we arrive with 3 black crows in a row which signals short term correction which has...

FxWirePro: GBP/USD key resistance at 1.5428, bearish in the short term

Aug 28, 2015 12:37 pm UTC| Technicals

The cable has failed to show any bullish pull back after UK GDP data was released today in the European session, as the support level at 1.5390 is broken, the pair is all set to move in quick succession towards 1.5361...

FxWirePro: USD/CAD holds above 1.3200, bias remains higher

Aug 28, 2015 12:19 pm UTC| Technicals

Oil prices steadied on Friday after bouncing back from six-and-a-half-year lows on recovering equities markets, strong U.S. economic growth and news of low crude supplies from Nigeria USD/CAD opened Noram marts...

FxWirePro: EUR/USD key resistance at 1.1288, sell deals are recommended around 1.1315

Aug 28, 2015 12:06 pm UTC| Technicals

The Euro has failed to consolidate above 38.2 fib levels at 1.1282, and has slipped sharply towards 1.1260 levels. The pair has started to continue its bearish momentum and is all set to test strong support at 1.1184, a...

FxWirePro: EUR/USD fails to sustain gains, dips below 1.13 handle

Aug 28, 2015 11:42 am UTC| Technicals

EUR/USD pair failed to sustain hefty gains and trimmed a part of it, dragging the pair back below 1.13 handle EUR/USD is currently trading at 1.1266, with immediate resistance at at 1.1310 (Todays High), above which gains...

FxWirePro: Delta risk reversal indicates EUR/USD option strips for long term hedging

Aug 28, 2015 09:51 am UTC| Technicals

Execution: The spot EURUSD is flashing at 1.1273 and we think the prices will make a significant move most likely in a downward direction. At the money 2M 0.51 delta calls (strike 1.1273) are trading at US$ 2163.41 and it...

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Economy

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The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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Politics

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Science

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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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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