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FxWirePro: USDCHF declines on Safe-haven demand, good to sell on rallies

Jul 12, 2021 09:42 am UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 0.91440 Kijun-Sen- 0.91535 Previous week High 0.92676 Previous week low- 0.91330 The pair is the trading week for the past three days and lost more than...

FxWirePro: AUD/NZD hovers around 200-DMA, decisive break above to buoy bulls

Jul 12, 2021 09:13 am UTC| Technicals

AUD/NZD chart - Trading View AUD/NZD trims early losses and has edged higher from session lows at 1.0669 and was trading at 1.0708 at around 08:10 GMT. The pair finds stiff resistance at 200-DMA, decisive break above...

FxWirePro- GBPJPY Daily Outlook

Jul 12, 2021 08:17 am UTC| Technicals

Ichimoku Analysis (1-Hour Chart) Tenken-Sen- 152.93 Kijun-Sen- 152.34 Previous week high 154.22 GBPJPY recovered sharply after forming a bottom at 150.66. The minor pullback jump in pound...

FxWirePro: NZD/USD struggles to extend Friday's bounce, focus on RBNZ policy meet for direction

Jul 12, 2021 07:27 am UTC| Technicals

NZD/USD chart - Trading View Spot Analysis: NZD/USD was trading 0.38% lower on the day at 0.6973 at around 07:10 GMT Previous Weeks High/ Low: 0.7105/ 0.6922 Previous Sessions High/ Low: 0.7004/...

FxWirePro- Gold Weekly Outlook

Jul 12, 2021 06:22 am UTC| Technicals

Ichimoku analysis (Weekly chart) Tenken-Sen- $1804.58 Kijun-Sen- $1804.29 Gold is trading flat after hitting a high of $1818. The minor decline in the US dollar index is supporting the yellow metal at lower levels....

FxWirePro: EUR/CHF extends consolidation above channel base, bias bearish as long as pair holds below 200-DMA

Jul 12, 2021 05:09 am UTC| Technicals

EUR/CHF chart - Trading View EUR/CHF trades rangebound around 1.0854 at around 05:00 GMT, bias remains bearish. The pair has bounced off channel base support on Fridays trade and weakness only on break...

FxWirePro: USD/JPY starts the week on a positive note, risk sentiment remains the major driver

Jul 12, 2021 04:24 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading marginally higher on the day with session high at 110.25 and low at 110.01. The pair opened the week on a positive note and risk sentiment will remain the major driver...

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Economy

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

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Politics

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Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

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China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

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Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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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

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

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John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

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Italy Fines Apple €98.6 Million Over App Store Dominance

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Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...
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