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FxWirePro: S&P500 takes support near trend line and oscillators in oversold territory, good to buy on dips

Oct 11, 2018 09:04 am UTC| Technicals

Major tend line support - 2745 The index has lost almost 200 points from the high of 2942. The pair hits low of 2745 and shown a minor jump. It is currently trading around 2770. On the lower side major...

FxWirePro: Silver rises sharply in European hours, U.S. CPI data in focus

Oct 11, 2018 08:42 am UTC| Technicals

XAG/USD is currently trading around $14.35 marks. It made intraday high at $14.38 and low at $14.24 levels. Intraday bias remains bullish till the time pair holds key support at $14.22 mark. A daily close...

FxWirePro: USD/ZAR remains well supported above 14.50 mark, further sideways movement likely

Oct 11, 2018 07:35 am UTC| Technicals

USD/ZAR is currently trading around 14.62 levels. It made intraday high at 14.77 and low at 14.59 levels. Intraday bias remains slightly bearish for the moment. A daily close above 14.76 will take the...

FxWirePro: USD/JPY short setup as bears pop-up at channel resistance, intermediate trend resumes weakness with gravestone doji

Oct 11, 2018 07:10 am UTC| Technicals

USDJPYhas slid below strong support 7 21 DMA levels decisively on Wednesdays trade session as markets nudges trade wars tormentor. The pair is currently extending its gains bearish sentiments, the current trend spikes...

FxWirePro: Doji and shooting star formation at higher level confirms further decline in USDCHF, good to sell on rallies

Oct 11, 2018 07:10 am UTC| Technicals

Candlestick pattern- Doji and Shooting star Major resistance 0.9950 USDCHF was consolidating in narrow range after massive recovery from low of 0.95421. The pair hits high of 0.9955 and shown a minor decline...

FxWirePro: Copper on track to close in red for the 3rd straight week, dip till 200W SMA likely

Oct 11, 2018 07:07 am UTC| Technicals

COPPER chart on Trading View used for analysis Copper is extending weakness and is on track to close in the red for the 3rd straight week. Failure on mutiple attempts to break above 110-EMA have raised scope for...

FxWirePro: Indian rupee trades flat against U.S. dollar, stay bullish only above 74.52 mark

Oct 11, 2018 06:27 am UTC| Technicals

USD/INR is currently trading around 74.38 marks. It made intraday high at 74.52 and low at 74.32 marks. Intraday bias remains neutral till the time pair holds key resistance at 74.52 mark. Key resistances...

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Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

UK Starting Salaries See Strongest Growth in 18 Months as Hiring Sentiment Improves

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Oil Prices Slip as U.S.-Iran Talks Ease Middle East Tensions

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Politics

Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

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Trump Administration Appeals Court Order to Release Hudson Tunnel Project Funding

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Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

U.S. President Donald Trump publicly congratulated Japanese Prime Minister Sanae Takaichi on Sunday following her coalitions decisive landslide victory in Japans lower house elections held over the weekend. The message,...

Japan’s Prime Minister Sanae Takaichi Secures Historic Election Win, Shaking Markets and Regional Politics

Japans Prime Minister Sanae Takaichi has secured a historic landslide victory in a rare winter election, consolidating power and paving the way for major shifts in economic, fiscal, and security policy. Takaichis Liberal...

Sydney Braces for Pro-Palestine Protests During Israeli President Isaac Herzog’s Visit

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...
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