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FxWirePro: AUD/JPY breaks major trendline support at 83.75, eyes 200-DMA, stay short

Apr 04, 2017 10:48 am UTC| Technicals

AUD/JPY extending declines after failing at 100-DMA on March 31st trade. Break below major trendline at 83.75 has opened scope for test of 200-DMA at 81.75. Weekly charts highly bearish, RSI and Stochs steeply...

FxWirePro: USD/JPY on track to test channel base at 109, good to go short on rallies

Apr 04, 2017 08:46 am UTC| Technicals

USD/JPY is trading a falling channel, we see scope for test of channel base at 109 levels. Technical indicators are bearish, RSI and Stochs are biased lower. The Japanese yen was sold-off into BOJ Governor...

USDCAD breaks major resistance at 1.3420, jump till 1.3530 likely

Apr 04, 2017 08:40 am UTC| Technicals

Major resistance -1.34150 (Mar 28th 2017 high) Major support 1.3378 (21- H EMA) USD/CAD has broken major resistance at 1.3420 and jumped till 1.34339 at the time of writing. It is currently trading around...

FxWirePro: EUR/NOK rejects key support at 9.1293, good to buy on dips

Apr 04, 2017 08:12 am UTC| Technicals

EUR/NOK is currently trading at 9.1712 levels. It made intraday high at 9.1724 and low at 9.1374 levels. Intraday bias remains bullish till the time pair holds key support at 9.1293 mark. A sustained break...

FxWirePro: USD/TRY hovers around 3.64 mark, sustained close above targets 3.6925

Apr 04, 2017 07:11 am UTC| Technicals

USD/TRY is currently trading at 3.6395 levels. It made intraday high at 3.6467 and low at 3.6362 levels. Intraday bias remains neutral till the time pair holds key support at 3.6200 marks. Key resistances...

FxWirePro: GBP/JPY breaks major support at 137.50, targets 136.45

Apr 04, 2017 07:01 am UTC| Technicals

Major support 137.50 (Mar 29th 2017 low). Major resistance 140.10 GBPJPY broken the major support at 137.50 low formed on Mar 29th 2017 and declined till 137.21 level at the time of writing. It is currently...

FxWirePro: NZD/USD rejected at major trendline resistance at 0.7015, breaks below 20-DMA at 0.6995, stay short

Apr 04, 2017 06:43 am UTC| Technicals

Safe-havens on the rise amid risk-off at expense of the higher-yielding assets such as the NZD, equities, oil etc. Fall in the NZ business morale in Q1 2017 also collaborating to the downbeat tone around the...

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Economy

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Technology

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

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

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

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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