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FxWirePro: EUR/CAD faces major resistance at 1.4835, further upside only on break above

Nov 02, 2016 06:53 am UTC| Technicals

EUR/CAD has broken above 78.6% Fib and is currently trading at 1.4823. The pair has seen a nice bounce after formation of Bullish Butterfly pattern. Our previous call...

FxWirePro: EUR/JPY bulls take support at DMAs but forms shooting star, major trend drifting into sideways – Snap rallies for tunnel spreads

Nov 02, 2016 06:39 am UTC| Technicals

On dailies, a shooting star pattern has been appeared at peaks of 115.132 levels to signify weakness at this juncture. Earlier, we had traced out the double top pattern as well with the1st top at 116.365 levels and 2nd...

FxWirePro: Gold faces strong resistance at 55- day EMA, good to buy on dips

Nov 02, 2016 06:35 am UTC| Technicals

Major support - $1275 (200- day MA) The yellow metal breaks major resistance $1284 high made on Oct 28th 2016 and jumped till $1293.17 on account of the tight race for US election and weak US dollar. Gold...

FxWirePro: AUD/JPY forms shooting star, bias lower, short break below 20-DMA

Nov 02, 2016 05:41 am UTC| Technicals

AUD/JPY edges higher from session lows at 78.98, currently, hovers around 20-DMA at 79.20. Shooting star formation seen on AUD/JPY daily charts, close below 20-DMA to see drag lower. Techs support downside in the...

FxWirePro: NZD/USD breaks 100-DMA to hit 2-week high, good to go long on dips

Nov 02, 2016 04:58 am UTC| Technicals

Solid New Zealand employment and GDT price data boosts the kiwi. NZD/USD breaches 100-DMA to hit new 2-week high of 0.7227, bias higher. Techs support further gains, Stochs and RSI are biased higher. The...

FxWirePro: USD/JPY slips below 104 handle, focus on FOMC decision

Nov 02, 2016 04:30 am UTC| Technicals

USD/JPY hits new weekly low of 103.66, JPY bulls extend control for the second straight session amidst persisting risk-off. On the daily charts the pair has broken below 20-DMA at 104.02, intraday bias...

FxWirePro: Nikkei trades weak on tightening US election race, good to sell on rallies

Nov 02, 2016 04:11 am UTC| Technicals

Major resistance - 17500 (trend line joining 16930 and 17159) Nikkei225 pared its gains yesterday on account of tightening US election race and stronger yen. It is currently trading around 17152. The index...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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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

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...

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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Technology

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...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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