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FxWirePro: South African rand erases previous gain against U.S. dollar, stay bullish

Nov 30, 2016 07:52 am UTC| Technicals

USD/ZAR is currently trading around 13.92 levels. It made intraday high at 13.95 and low at 13.84 levels. Intraday bias remains bullish till the time pair holds key support at 13.70 marks. A daily close...

FxWirePro: WTI crude themes in narrow range as traders anxiously waiting OPEC, Shooting star occurs on weekly terms – Do nothing but wait with double touch

Nov 30, 2016 07:46 am UTC| Technicals Insights & Views

From last two weeks, although the rallies have hit 49.17 levels, theprice behavior have remained well between 46.27 and 45.54 (i.e. price range between the last weeks open to this weeks open) The break above 46.30...

FxWirePro: AUD/USD struggle to break above 0.75 handle, bias higher

Nov 30, 2016 07:35 am UTC| Technicals

AUD/USD upside halts shy of 0.75 handle, pair remains capped below for 2nd consecutive day. 5-DMA at 0.7458 is strong support on the downside, break below could see drag upto 0.7386 (61.8% Fib). On the flipside,...

FxWirePro: USD/CNY hits fresh weekly low at 6.8822, PBOC sets yuan mid-point at 6.8865

Nov 30, 2016 07:18 am UTC| Technicals

USD/CNY is currently trading around 6.8858 marks. It made intraday high at 6.9035 and low at 6.8822 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.9128 marks. On...

FxWirerPro:EUR/USD forms Potential Bat Pattern, good to sell on rallies

Nov 30, 2016 06:59 am UTC| Technicals

Pattern Formed - Bearish BAT pattern Major resistance- 1.06855 The pair has once again recovered after making a low of 1.05635. EUR/USD jumped till 1.0660 and slightly declined from that level. It is currently...

FxWirePro: AUD/USD weekly technicals in tandem with major trend, bears slide through sloping channel – Boundary binaries to speculate

Nov 30, 2016 06:55 am UTC| Technicals

The bearish crossover on SMAs has been observed on theweekly pattern, the break below support 0.7439 likely to bring in more slumps. Well, youve seen the failure swings at theresistance of 0.7761 have evidenced declines...

FxWirePro: NZD/CAD finds major resistance at 20-DMA 0.9602, break above to see further upside

Nov 30, 2016 06:38 am UTC| Technicals

NZD/CAD bounces off 100-DMA and edges higher to test 20-DMA at 0.9602. Breakout above could see test of 0.9735 levels. Technicals indicators are bullishly aligned, RSI and Stochs biased higher. MACD line is...

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Economy

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U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

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Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

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Politics

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

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ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

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NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

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U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

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Niigata Set to Approve Restart of Japan’s Largest Nuclear Power Plant in Major Energy Shift

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Science

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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

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...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

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

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...
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