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FxWirePro: Gold forms Bullish BAT pattern, good to buy at dips

Nov 03, 2015 06:51 am UTC| Technicals

Harmonic Pattern- Bullish BAT pattern Potential Reversal Zone (PRZ) - $1115 The commodity has broken major support around $1142 and declined till $1132.50. Gold short term support is around $1130 (50%retarcement...

FxWirePro: Cable extends range trade into EU Session, UK PMI data awaited

Nov 03, 2015 06:50 am UTC| Technicals

GBP/USD was rejected from daily highs above the 100-day SMA at 1.5479 on Monday and pulled back to trade around opening levels. Cable has been stuck between 1.5929 and 1.5107 since May 2015 (6 months), opened Tuesday...

FxWirePro: GBP/AUD struggles to close above 2.150, good to sell on rallies

Nov 03, 2015 06:14 am UTC| Technicals

GBP/AUD has made a high of 2.170 and started to retreat from that level. Overall trend is bearish as long as resistance 2.1750 holds. The break of major resistance 2.1750 will take the pair till 2.20/2.2220 The...

FxWirePro: USD/JPY forms bullish BAT pattern, good to sell on rallies

Nov 03, 2015 06:11 am UTC| Technicals

Harmonic pattern Formed- Bullish Bat Pattern Potential Reversal Zone (PRZ) -121.50 USD/JPY made a high of 121.48 (trend line joining 121.22 and 121.48) and retreated till 120.28 from that level. It is currently...

FxWirePro: AUD/USD retakes 0.72 post RBA-led wild swings as Futures price out Dec easing

Nov 03, 2015 04:53 am UTC| Technicals

AUD/USD spiked to 0.7210 post RBA no change stance, then slid to 0.7110 on easing bias, and has now regained the 0.72 handle. Aussie bulls ignore RBAs further easing bias and cheer the central banks optimistic...

FxWirePro: USD/JPY flat on the day, capped below 10 DMA at 120.76

Nov 03, 2015 04:10 am UTC| Technicals

USD/JPY trades modestly flat at 120.68, extends overnight side-trend amidst thin volumes as the Japanese markets remain closed today on account of Culture Day. The pair continues to move back and forth between...

Kiwi faces strong resistance around 0.68,good to sell on rallies

Nov 03, 2015 03:43 am UTC| Technicals

Kiwi has once again recovered till 0.6790 and started to retreat from that level. Overall trend is till weak as long as resistance 0.6800 holds. On the higher side any break above 0.6800 will take the pair to next...

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

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Science

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Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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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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