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GBP/JPY breaks major resistance at 134.05, targets 135.25/136

Aug 29, 2016 06:05 am UTC| Technicals

Major support- 133.25 (hourly Kijun-Sen). Major resistance- 134.05 The pair has broken major resistance 134.05 after long time consolidation. GBP/JPY trades higher after Yellen sends hawkish signals in Jackson...

FxWirePro: China's yuan hits weakest level against USD in more than one month, PBOC sets yuan mid-point at 6.6856

Aug 29, 2016 05:53 am UTC| Technicals

USD/CNY is currently trading around 6.6720 marks. It made intraday high at 6.6850 and low at 6.6670 levels. Intraday bias remains bullish till the time pair holds key support at 6.6510 marks. On the top...

Gold: Sell on rallies

Aug 29, 2016 05:23 am UTC| Technicals

Major support- $1310. Major intraday resistance- $1328 (hourly Kijun-Sen). The yellow metal declined sharply after Fed chairman Janet Yellen hints that there is the possibility of a rate hike in the future. Gold...

FxWirePro: USD/JPY on track to test 50-DMA at 102.74, good to go long on dips

Aug 29, 2016 05:05 am UTC| Technicals

Hawkish comments from Feds Yellen on Friday has triggered broad-based USD rally. USD/JPY open Monday with a 25-pip bullish gap and is trading 0.48 pct higher on the day around 102.23. The pair has broken 20-DMA...

FxWirePro: Indian rupee opens marginally higher at 67.12 per USD, bias remains bullish

Aug 29, 2016 04:53 am UTC| Technicals

USD/INR is currently trading around 67.16 marks. It made intraday high at 67.18 and low at 67.11 marks. Intraday bias remains bullish till the time pair holds immediate support at 66.97 marks. Key...

FxWirePro: EUR/JPY tests 50-day MA at 114.45, good to long break above

Aug 29, 2016 04:22 am UTC| Technicals

EUR/JPY extends gains after gap-up open, intarday bias higher. EUR/JPY has broken its month-long consolidation phase and edges higher to test 50-DMA resistance at 114.45. Break above 50-DMA could a test of 114.81...

FxWirePro: Silver hits fresh 9-week low at $18.36, good to sell on rallies

Aug 29, 2016 03:58 am UTC| Technicals

XAG/USD is currently trading around $18.44 marks. It made intraday high at $18.64 and low at $18.36 levels. Intraday bias remains bearish till the time pair holds key resistance at $19.05 levels. A daily...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

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Technology

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

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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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

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