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GBP/USD faces struggles to break above 1.4450, targets 1.4300

Feb 02, 2016 05:28 am UTC| Technicals

Major resistance -1.4440 (trend line joining 1.43626 and 1.44074) The pair has broken major trend line resistance yesterday but not be able to hold at higher levels. Cable has started to fall after making a high of...

FxWirePro: USD/JPY upside capped by 200-DMA at 121.47, good to sell rallies

Feb 02, 2016 05:13 am UTC| Technicals

USD/JPY is unable to extend gains above 200-DMA at 121.47 which is strong resistance on the upside. The pair is trading by days lows at 120.53, any further bullishness could be seen only if pair breaks above...

XAU/USD hovers around major resistance at $1127 levels

Feb 02, 2016 04:56 am UTC| Technicals

Pair is currently trading at $1126 levels. It made intraday high at $1130 and low at $1124 levels. If pair hold and made daily close above $1127 levels then next likely level is $1152. Alternatively,...

FxWirePro: AUD/USD fades post-RBA spike, slips below 0.71 handle, good to buy dips

Feb 02, 2016 04:14 am UTC| Technicals

AUD/USD spiked to hit days high at 0.7129 after Aussie bulls bolstered by RBAs rates-on hold decision. However, the spike was quickly sold off and the pair is now below the 0.71 handle, currently trading at...

AUD/USD intraday outlook

Feb 02, 2016 03:27 am UTC| Technicals

Pair is currently supported around $0.7100 levels. It made intraday high at $0.7115 and low at $0.7092 levels. Intraday outlook is bearish below $0.7041 levels. RBA rate decision will be out within few...

Major Asian Indices Technicals

Feb 02, 2016 02:47 am UTC| Technicals

Hang Seng: Hang Seng has once again broken major resistance 19500 and jumped till 19607 at the time of writing. It is currently trading around 19635. Short term trend is still bullish as long as support 19200...

FxWirePro: EUR/USD key resistance at 1.0940, sell deals are recommended around 1.0930

Feb 01, 2016 19:41 pm UTC| Technicals

Euro has gained some ground against dollar by reaching as high as 1.0906 levels in the late US session on the view that Federal Reserve would not be able to hike interest rates quickly as forecasted this year following...

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Economy

The US is one of the least trade-oriented countries in the world – despite laying the groundwork for today’s globalized system

Given the spate of news about international trade lately, Americans might be surprised to learn that the U.S. isnt very dependent on it. Indeed, looking at trade as a percentage of gross domestic product a metric...

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Inflation is slowly falling, while student debt is climbing: 6 graphs that explain today’s CPI

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Politics

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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’

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Labour can afford to be far more ambitious with its economic policies – voters are on board

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Science

IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects

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The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup

A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this...

A Nasa rover has reached a promising place to search for fossilised life on Mars

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The rising flood of space junk is a risk to us on Earth – and governments are on the hook

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Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

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Technology

Walmart Spotted with Tesla Semi in California as True Launch Date Revealed

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Tesla Cybertruck 'Odyssey' Roars into Europe, Berlin Display Kicks Off Tour

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Shiba Inus ascent reaches new heights as the cryptocurrency experiences a remarkable 12% surge, fueled by record-breaking SHIB burns. The surge reflects robust community engagement and underscores the dynamic nature of the...
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