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FxWirePro: Kiwi weak heading into RBNZ tomorrow, good to buy AUD/NZD dips

Dec 09, 2015 04:28 am UTC| Technicals

AUD/NZD slightly bid in the Asian session up around 0.25% as we head into the RBNZ policy meet tomorrow. RBNZ is widely expected to cut rates at tomorrows meeting by 25bps, to 2.50 percent. In the event it does cut...

Major Asian Indices Techncials

Dec 09, 2015 03:28 am UTC| Technicals

Asian Indicies Nikkei Nikkei hits three week low on account of global equity sell off and weaker oil prices. It has made a low of 192333 and is currently trading around 19300. On the lower side the index...

FxWirePro: USD/CAD key support at 1.3480, bullish in the short term

Dec 08, 2015 20:36 pm UTC| Technicals

The USD/ CAD has strongly bounced towards 1.3586 levels, after breaking above1.3550 resistance level. The pair has been trading in bullish trend off late as the Canadian dollar is weighted down by falling oil...

FxWirePro: AUD/USD key resistance at 0.7240, sell deals are recommended around 0.7230

Dec 08, 2015 18:18 pm UTC| Technicals

AUD/USD has slipped towards 0.7050 levels after failing to break resistance level located at 0.7244 in the early Asian session today. However, the pair has managed to rebound after testing support level located at 0.7188....

FxWirePro: USD/JPY key support at 122.15, buy deals are recommended around 122.20

Dec 08, 2015 14:42 pm UTC| Technicals

USD/JPY has declined towards 122.72 levels, after failing to break resistance level located at 123.38. Currently the pair is making an attempt to break support level located at 122.70. Further downside is expected to...

GBP/USD breaks major support 1.5000, targets 1.4900

Dec 08, 2015 12:45 pm UTC| Technicals

Cable has broken major support 1.5000 and is currently trading around 1.49960 level. Short term trend is weak as long as resistance 1.5060 holds. Any break above 1.5060 will take the pair to next level...

GBP/JPY Trade Idea

Dec 08, 2015 12:11 pm UTC| Technicals

Major trend reversal - close above 186.25 (200 day MA) GBP/JPY has made a high of 186.35 and started to decline from that level. Overall trend is weak as long as GBP/JPY stays below 186.25. On the lower side it has...

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

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Science

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

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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

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OpenAI Explores Massive Funding Round at $750 Billion Valuation

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Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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