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FxWirePro: NZD/USD bear signs upped on clean break of 0.6500 support, good to sell rallies

Nov 17, 2015 05:41 am UTC| Technicals

NZD/USD price action dives below the cloud and the pair has made a clean break below the 0.6500 support. Test of 0.6420 levels likely after a global dairy auction to be held early on Wednesday. Dairy prices fell for the...

AUD/NZD: Call Update - Our long is in decent shape; approaching TP:1

Nov 17, 2015 05:06 am UTC| Technicals

Our AUD/NZD long is in decent shape, positive setup in the pair continues, bulls likely to test 1.1014, 61.8% of Sep/Nov fall. 10-DMA (at 1.0837) limits the downside, Tenkan and Kijun are positively aligned and the...

FxWirePro: Strong support for AUD/USD at 0.7075, good to buy dips

Nov 17, 2015 04:13 am UTC| Technicals

AUD/USD closed Mondays trade above channel support at 0.7085. The pair trades a narrow range on the day between 0.7108 and 0.7083, but holds above major support at 0.7075. Breaks below could see weakness,...

GBP/JPY faces strong resistance 187.70, sell on rallies

Nov 17, 2015 04:10 am UTC| Technicals

Potential Reversal Zone (PRZ) -187.70 GBP/JPY has made a high of 187.48 at the time writing and slightly declined from that level. Further bullishness can be seen only above 187.70 and break above targets...

USD/CHF - Watch Out for 1.0125 for further bullishness

Nov 17, 2015 03:25 am UTC| Technicals

Potential Reversal Zone (PRZ)- 1.0125 USDC/CHF has closed above 1.0760 (127% retracement of 0.9902 and 0.9259) and this confirms minor bullishness , a jump till 1.01250 is possible . The further bullishness can...

FxWirePro: USD/CHF key support at 1.0042, upside prevails in the short term

Nov 16, 2015 15:00 pm UTC| Technicals

The USD/CHF has inched towards 1.0070 levels, after failing to break below 1.0042 support levels. The pair has been trading in a sideways movement off late, a strong rebound is expected to take place sooner or later around...

FxWirePro: GBP/USD key support at 1.5150, bullish in the short term

Nov 16, 2015 14:27 pm UTC| Technicals

The Sterling declined against US dollar from 1.5226 levels in the early Asian session, reaching daily lows around 1.5184 levels. An attempt was made by bears to breach 1.5180 supports level in the late European session,...

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Economy

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Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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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

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Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

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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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