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FxWirePro: EUR/AUD tests trendline support at 1.5599 – put ratio spread for swing trading

Aug 28, 2015 09:15 am UTC| Insights & Views Technicals

The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance, it looks like the pair has set up a new stage for its bull run as you can make out from strong...

FxWirePro: Fresh round of selling in European equities buoys JPY, USD/JPY retraces gains

Aug 28, 2015 08:39 am UTC| Technicals

USD/JPY had earlier in Asia hit session highs at 121.40 retracing more than half of the fall from 125.28 (Aug 12 high) to 116.08 (Aug 24 low) A fresh round of selling in European indexes has taken the Japanese Yen to...

FxWirePro: EUR/GBP above 0.73 handle, hits fresh session highs at 0.7324

Aug 28, 2015 08:04 am UTC| Technicals

EUR ran into fresh bids in the early European session, buoyed on weakness in the European stocks EUR/GBP retakes the 0.73 handle, currently trades by fresh session highs at 0.7324 The second official UK GDP...

FxWirePro: USD/CHF pares losses, strong resistance seen at 0.9670 (cloud base)

Aug 28, 2015 07:34 am UTC| Technicals

USD/CHF halted its three back-to-back sessions of gains and dipped into negative territory in early European trades after positive Swiss GDP data buoyed CHF bulls Swiss real GDP growth for Q2 came in at 0.2 pct q/q vs...

FxWirePro: GBP/USD recovery capped at 1.5440, UK GDP data awaited

Aug 28, 2015 06:05 am UTC| Technicals

GBP/USD closed at its weakest since July 10 on Wednesday on broad based USD strength after upbeat US Q2 GDP figures The cable dipped to 1.5369 on the day before recovering back to 1.5440 levels in the Asian session,...

FxWirePro: USD/CAD key support at 1.3171, upside prevails in the short term

Aug 27, 2015 15:39 pm UTC| Technicals

USD/CAD has retreated after hitting minor resistance level at 1.3288 and is approaching support level at 1.3171. Strong rebound is expected around 1.3140-1.3170 area, therefore its good to enter long around this...

FxWirePro: GBP/USD key resistance at 1.5458, bearish in the short term

Aug 27, 2015 14:07 pm UTC| Technicals

The cable has resumed its bearish trend, after breaking resistance level at 1.5428, The pair is all set to move downwards in quick succession towards next support levels, therefore its good to sell at current market...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

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....

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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

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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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