FxWirePro: USD/CAD key support at 1.3325, bullish in the short term
Nov 23, 2015 14:35 pm UTC| Technicals
USD/CAD pair has begun the week advancing higher from Fridays close to hit high around 1.3433 levels after breaking strong resistance at 1.3357 in the early European session. However, uptrend was short lived as the pair...
FxWirePro: GBP/USD key resistance at 1.5240, bearish in the short term
Nov 23, 2015 14:13 pm UTC| Technicals
GBP/USD declined in the earlier session to hit low at 1.5122 levels. However, the pair has recovered to trade around 1.51150 levels in the early US session. Currently the price action is trying to consolidate above...
Google spills its work secrets and gives lessons in boosting creativity
Nov 23, 2015 13:16 pm UTC| Technicals
Tamara Friedrich, Associate Professor of Entrepreneurship and Innovation, University of Warwick How many golf balls could you fit in a school bus? This is the kind of question Google and its big tech brethren were once...
Nov 23, 2015 13:13 pm UTC| Technicals
WTI crude is attempting to break support at 40.90 levels which is likely to show supply for the currency at this juncture several times in the past. The formation of long legged doji is traced out at 41.90, soon after...
FxWirePro: EUR/GBP likely to drop towards 0.62 area with policy divergence
Nov 23, 2015 12:15 pm UTC| Technicals
Thanks to upcoming policy easing by European Central Bank (ECB) rates are likely to diverge further in Euro zone from their counterparts globally, especially in UK, where Bank of England (BOE) awaiting the opportune moment...
EUR/CAD breaks minor trend line resistance, targets 1.4380
Nov 23, 2015 11:46 am UTC| Technicals
Trend reversal level- 1.4250 (trend line joining 1.4386 and 1.4280) The pair has broken trend line resistance 1.4250 and confirms short term bullishness , a jump till 1.4320/1.4380 is possible . On the downside...
Nov 23, 2015 11:28 am UTC| Technicals
French posted lackluster composite PMI numbers at 51.3 which is way below forecasts at 52.5. Markit manufacturing PMI was at 50.8 slightly above forecasts at 50.7. Markit Services PMI came in at 51.3 below forecasts...
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