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FxWirePro: EUR/USD approaching resistance level at 1.0959, bullish in the short term

Jul 24, 2015 13:39 pm UTC| Technicals

The pair found renewed bullish momentum after breaking resistance at 1.0941 and is inching upwards to test resistance level at 10959. The pair is trading around 1.0951 levels and it is expected advance further towards...

FxWirePro: USD/CHF approaching support level at 0.9596, bullish in the short term

Jul 24, 2015 13:05 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9596 (61.8% Retracement level), the support level at 0.9596 is set hold the bears and push pair further up. The pair is currently trading around 0.9608 levels. It is...

FxWirePro: USD/ZAR takes out Jul 7/8th highs, more gains likely

Jul 24, 2015 12:08 pm UTC| Technicals

USD/ZAR rally picks-up momentum, rallies to monthly highs by 12.6349 The pair easily broke past Jul 8/9 highs, momentum is bullish China slowdown, weak economy and SARB hiking weigh on ZAR At the time of writing the...

FxWirePro: Sell GBP/USD below 1.5540, bearish in the short term

Jul 24, 2015 12:04 pm UTC| Technicals

GBP/USD fell back after failing to break resistance level at 1. 5521, and fell below to test support level at 1.5461. The cable is approaching to test support level at 1.5460. The pair is set to fall further towards 1.5440...

FxWirePro :EUR/GBP struggles to break above 200 day 4HMA, good to buy at dips

Jul 24, 2015 11:41 am UTC| Technicals

RES 4 : 0.7225 (Jul 10th high) RES 3: 0.7158 (50 % retracement of 0.7380 and 0.6929) RES 2: 0.7120(200 day 4 HMA) RES 1: 0.7076 (Cloud top) PRICE: 0.7065@ 11:39 GMT SUP 1: 0.7060 (7 day 4 HEMA) ...

AUD/USD trades below 0.7300, decline till 0.7195 cannot be ruled out

Jul 24, 2015 11:31 am UTC| Technicals

RES 4: 0.7450 ( Jul 21st 2015) RES 3: 0.7411 (Cloud bottom) RES 2: 0.7371 (20 day 4 HMA) RES 1: 0.7322 (7 day 4 H EMA) PRICE: 0.72745 @ 11:26 GMT SUP 1: 0.7283 (161.8% retracement of 0.73256...

FxWirePro: USD/JPY faces strong resistance around 124.50, good to buy at dips

Jul 24, 2015 11:09 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (jun 5th high) RES 2:125 RES 1: 124.40 (Jun 24th high) PRICE: 123.25 @11:05GMT SUP 1 : 123.30( 200 day 4 HMA) SUP 2 :122.90...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

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China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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