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FxWirePro: AUD/USD trade idea

Jan 06, 2017 05:29 am UTC| Technicals

Technical Analysis: Bearish bias builds on AUD/USD intraday charts. The pair finds stiff resistance at 0.7350 (channel top). Price action is on the verge of break below channel base on 1H charts. 4H 200-SMA...

FxWirePro: NZD/USD on track to test 200-DMA at 0.7078, stay long

Jan 06, 2017 04:33 am UTC| Technicals

NZD/USD edges lowerfrom session highs at 0.7043, intraday bias higher. Potential Bearish Cypher pattern seen on daily charts. The pair is holding break above 20-DMA which is major support at 0.6973. We have...

FxWirePro: USD/KRW rejects key support at 1,182, sustained close above targets 1,202

Jan 06, 2017 04:13 am UTC| Technicals

USD/KRW is currently trading around 1,189 levels. Pair made intraday high at 1,190 and low at 1,186 marks. Intraday bias remains neutral till the time pair holds key support at 1,182 levels. A daily close...

FxWirePro: USD/THB remains well supported above 35.66 mark, consistent close below targets 35.54

Jan 06, 2017 03:07 am UTC| Technicals

USD/THB is currently trading around 35.70 marks. It made intraday high at 35.74 and low at 35.65 marks. Intraday bias remains neutral till the time pair holds key support at 35.65 mark. On the top side key...

FxWirePro:Nikkei225 struggles to close above 19600, good to sell on rallies

Jan 06, 2017 02:59 am UTC| Technicals

Nikkei225 has once again retreated after jumping till 19563.The slight recovery in yen has dragged the price down till 19338. It is currently trading around 19438 0.03% higher. USD/JPY has once retreated from the high...

FxWirePro: XAG/USD trades in narrow range, good to sell on rallies

Jan 06, 2017 02:23 am UTC| Technicals

XAG/USD is currently trading around $16.55 marks. It made intraday high at $16.65 and low at $16.53 levels. Intraday bias remains bearish till the time pair holds key resistance at $16.70 levels. A daily...

FxWirePro: USD/SGD hits fresh 3-week low at 1.4269, upside limited

Jan 06, 2017 01:37 am UTC| Technicals

USD/SGD is currently trading around 1.4317 marks. It made intraday high at 1.4320 and low at 1.4269 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 1.4407 marks. A...

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Economy

Impact of Iran-Israel conflict on Stocks, Gold and Bitcoin

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation,...

Japan Posts 7.7% Growth in Machinery Orders

In a striking development that looks set to invigorate Japans economic prospects, a key gauge of capital spending in the country has seen its most significant jump in over a year. According to Cabinet Office data released...

How cuts to marginal income tax could boost the UK’s stagnant economic growth

The British prime minister recently claimed the UK economy has turned a corner. Rishi Sunak said inflation figures were encouraging, and proclaimed that 2024 would be the year Britain bounces back. According to his...

A sustainable future begins at ground level

In 2015, the United Nations adopted the Sustainable Development Goals (SDGs) as a call to action in global partnership. By 2023 it appears that our progress has been far from satisfactory in achieving these...

Digital trade protocol for Africa: why it matters, what’s in it and what’s still missing

In February 2024, African heads of states adopted a draft protocol to regulate digital trade within the continent. This significant yet challenging course for Africas digital economy fits into the broader trade agreement,...

Politics

Nvidia RTX 4090D Embroiled in US-China Tech Rivalry; South Korea Navigates Chip Export Dilemma

The U.S. government has tightened export restrictions on high-performance semiconductor chips to China, including the Nvidia RTX 4090D, and is urging South Korea to enforce similar curbs, marking a significant escalation...

Canada needs a national strategy for homeless refugee claimants

One year after the federal government closed Roxham Road, refugee claims in Canada continue to increase: there were 143,785 in 2023 compared to 91,730 in 2022. The surprise announcement in March 2023 to modify Canadas...

Who will Trump pick as his running mate?

Being second in line for leadership of the most powerful country in the world is not an easy job. But for Mike Pence, vice president under Donald Trump, things were even harder than usual. As insurrectionists descended...

US and Japan Boost AI, Semiconductor Alliance; EU Eyes Reduction in China Dependence

Japan and the United States are poised to deepen ties in the high-tech sector, signaling a strategic move to enhance their global partnership with a focus on artificial intelligence and semiconductor...

US Finalizes Ban List for Chinese Chipmakers; Boosts Mexico Semiconductor Ties

The United States is finalizing a list of Chinese chip factories banned from receiving vital technology, aiming to curb Beijings tech advancements amid national security concerns. Concurrently, a US-Mexico semiconductor...

Science

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

If life exists on Jupiter’s moon Europa, scientists might soon be able to detect it

Europa is one of the largest of more than 90 moons in orbit around the planet Jupiter. It is also one of the best places to look for alien life. Often termed an ocean world by scientists, observations to date strongly...

Exploding stars are rare but emit torrents of radiation − if one happened close enough to Earth, it could threaten life on the planet

Stars like the Sun are remarkably constant. They vary in brightness by only 0.1% over years and decades, thanks to the fusion of hydrogen into helium that powers them. This process will keep the Sun shining steadily for...

An eclipse for everyone – how visually impaired students can ‘get a feel for’ eclipses

Many people in the U.S. will have an opportunity to witness nearly four minutes of a total solar eclipse on Monday, April 8, 2024, as it moves from southern Texas to Maine. But in the U.S., over 7 million people are blind...

Technology

Tesla Cybertruck Recall: NHTSA Flags 3,878 Units for Pedal Issue

The National Highway Traffic Safety Administration (NHTSA) has ordered a recall for Teslas Cybertruck, citing a severe pedal issue that necessitated temporarily halting deliveries to address potential safety...

ShibArmy Issues Critical Alert: No BONE Airdrops, Beware of Scams

The Shiba Inu community is on high alert as ShibArmy Scam Alerts warns against phishing emails falsely promising BONE airdrops. These fraudulent communications are designed to steal personal information and digital assets...

Michael Saylor Nets $370 Million from MicroStrategy Shares Amid Crypto Surge

Michael Saylor, the prominent bitcoin advocate and chairman of MicroStrategy, has capitalized on the companys robust stock performance this year, selling shares worth nearly $370 million. His strategic stock sales coincide...

Bitcoin Braces for $35 Trillion Market Shift With Upcoming Halving

As Bitcoin approaches its pivotal fourth halving today, experts forecast a dramatic surge in value, potentially reaching a $35 trillion market cap. This significant reduction in Bitcoin mining rewards from 6.25 to 3.125...

Shiba Inu Coin Shows Signs of Recovery: Factors Fueling Its Recent Rise

Shiba Inu, the self-proclaimed Dogecoin killer, stoked investor excitement today, April 19, as its price resumed upward. As the broader crypto market prepares for the impending BTC halving, the crypto market had a price...