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FxWirePro: USD/CAD faces strong support at 200- day MA, good to buy on dips

Oct 13, 2016 06:33 am UTC| Technicals

Major Resistance- 1.3320 (trend line joining 1.32481 and 1.32809). Major support 1.3198 (200- day MA). Loonie has taken support near 200 day MA and started to jump from that level. The pair jumped till 1.32950...

FxWirePro: October series ensure EUR/USD’s non-directional trend after massive tumble below DMAs – Stay short via tunnel spread on prolonged bear swing

Oct 13, 2016 06:26 am UTC| Technicals

Thedollar has begun the trading weeks extended gains after the rejection of todays highs of 1.1037 levels, and the pair rejects the resistance at 1.1279 levels (it has tested resistance several times in the recent...

FxWirePro: Prefer to go short on XAG/USD around $17.62 with stop loss at $17.82 and target of $17.42

Oct 13, 2016 06:15 am UTC| Technicals

XAG/USD is currently trading around $17.60 marks. It made intraday high at $17.65 and low at $17.43 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $17.82 marks. A...

FxWirePro: Buy Gold above $1262

Oct 13, 2016 05:42 am UTC| Technicals

Major Resistance- $1262.30 (200- day MA) Major support - $1241 (Oct 6th low) The yellow metal formed a temporary bottom around $1250 and is struggling to break below that level. It is currently trading around...

FxWirePro: USD/INR rejects key resistance at 66.87, good to sell on rallies 

Oct 13, 2016 05:30 am UTC| Technicals

USD/INR is currently trading around 66.77 marks. It made intraday high at 66.80 and low at 66.71 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.87 marks. Key...

FxWirePro: AUD/USD recovers slightly from fresh 3-week lows at 0.7518, bias lower, stay short

Oct 13, 2016 05:28 am UTC| Technicals

AUD/USD knocked-down to fresh multi-week lows closer towards 0.75 handle. The pair consolidating near three-week troughs, as markets continue to weigh worse-than-expected China trade data. Momentum studies...

FxWirePro: Kiwi under pressure from poor Chinese trade data, NZD/USD on track to test 200-DMA at 0.6940

Oct 13, 2016 04:38 am UTC| Technicals

Data released earlier today showed that Chinas trade data disappointed in September. Chinas trade balance for September, in yuan terms, came in at 278.4bn CNY vs 300bn expected and 346bn last. Exports came much...

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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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Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

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

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Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

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

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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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