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Crypto Technicals: IOT/USD extends weakness below 21-EMA, bears target 0.2580

May 06, 2019 11:51 am UTC| Digital Currency Technicals

IOT/USD chart - Trading View Exchange - Bitfinex Support: 0.2580 (Apr 28 low); Resistance: 0.3005 (21-DMA) Technical Analysis: Bias Bearish - IOT/USD has edged higher from session lows at 0.5762 - The pair...

Digital Currency Revolution Series: Bitcoin halts at 6-month highs of 6k, bullish engulfing patterns signal more rallies on cards

May 06, 2019 10:29 am UTC| Technicals Digital Currency Insights & Views

Bitcoin bulls have managed to break-out $5,746 levels which acted as strong support (now stiff resistance, refer weekly chart for intermediate trend). According to InsideBitcoins, BTCUSD has now approached the critical...

FxWirePro:USDCAD holds above 1.3400 level on weak oil price, good to buy on dips

May 06, 2019 10:08 am UTC| Technicals

USDCAD is trading in range between 1.33770 and 1.34940 for past three trading days. Lonnie shown a good recovery of more than 100 pips on account of weak oil price.Crude oil was trading weak for past 2-week and declined...

FxWirePro: DAX trades lower as Shanghai slips more than 6% on trade tension, good to sell on rallies

May 06, 2019 08:00 am UTC| Technicals

Major support - 12147 (20- day MA) DAX lost more than 2% from high of 12454 made on Friday after US Trumps tweet about US-Sino trade deal. Trump made it clear that US will impose more tariffs on Chinese goods. It...

FxWirePro: USDCHF declines on trade war tension, good to sell on rallies

May 06, 2019 06:56 am UTC| Technicals

USDCHF has has once again declined after showing a jump above 1.02000 on Friday. US economy has added 263000 jobs in Apr compared to forecast of 181K and unemployment declined sharply from 3.8% to 3.6%. USD Index jumped...

FxWirePro: EUR/JPY breaks trendline support at 123.75, eyes 61.8% Fib at 122.14

May 06, 2019 06:11 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY extends gap down open, trades 0.36% lower at 123.98 at 0600 GMT. The pair has broken strong trendline support at 123.75, bias bearish. Persisting risk-off fuelled by...

FxWirePro:Gold recovers sharply on renewed US-Sino trade tension, good to buy on dips

May 06, 2019 06:01 am UTC| Technicals

Gold has shown a massive recovery after hitting low of $1266.80 on Friday. US economy has added 263000 jobs in Apr compared to forecast of 181K and unemployment declined sharply from 3.8% to 3.6%. USD Index jumped till...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

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US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

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Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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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...

Technology

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

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

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

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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