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FxWirePro: CHF/JPY downside capped by 23.6% fib, jump till 116 likely

Sep 07, 2018 10:14 am UTC| Technicals

Overall trend : Bullish Ichimoku Analysis (8 H chart) Tenken-sen- 114.63 Kijun-Sen- 114.48 Trend reversal level (intra day)- 115.30 CHF/JPY has taken support near 34-8 H EMA and jumped 50...

FxWirePro: DXY forms head and shoulder pattern, break below 94.85 confirms further weakness

Sep 07, 2018 09:20 am UTC| Technicals

Pattern formed: Head and Shoulder Ichimoku (Daily Chart) Tenken-Sen- 95.25 Kijun-Sen -95.14 Trend reversal Level- 94.85 DXY is trading weak for two consecutive days. The pair lost more...

FxWirePro: XAG/USD hovers around $14.10 mark, downside limited

Sep 07, 2018 08:18 am UTC| Technicals

XAG/USD is currently trading around $14.10 marks. It made intraday high at $14.20 and low at $14.05 levels. Intraday bias remains neutral for the moment. A daily close above $14.13 will test key resistances...

FxWirePro: South African rand erases previous loss against U.S. dallar, faces immediate support at 15.02 mark

Sep 07, 2018 07:33 am UTC| Technicals

USD/ZAR is currently trading around 15.22 levels. It made intraday high at 15.35 and low at 15.15 levels. Intraday bias remains bearish till the time pair holds immediate resistance at 15.32 mark. A daily...

FxWirePro: NZD/CHF breaks below 61.8% Fib, hits 3-year lows at 0.6337, bias lower

Sep 07, 2018 07:23 am UTC| Technicals

NZD/CHF chart on Trading View used for analysis NZD/CHF breaks below 61.8% Fib, hits news lows at 0.6337, levels unseen since Oct 2015. Price action is testing new multi-month lows every day, bias still bearish...

FxWirePro: EUR/USD downside capped by 1.16000 level, markets eye US NFP

Sep 07, 2018 07:16 am UTC| Technicals

EURUSD is showing strength and is struggling to break below 1.1600 level. The pair hits low of 1.16054 and shown a good jump from that level. It is currently trading around 1.16455. US Non Farm Payroll is the major...

FxWirePro: USD/CNY trades sideways since last 2-weeks, PBOC sets yuan mid-point at 6.8212

Sep 07, 2018 06:45 am UTC| Technicals

USD/CNY is currently trading around 6.8368 marks. It made intraday high at 6.8423 and low at 6.8255 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8426 marks will test key...

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Economy

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China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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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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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

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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