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FxWirePro: EUR/KRW hovers around 1,290 mark, sustained close above requires for upside rally

Jan 15, 2018 01:20 am UTC| Technicals

EUR/KRW is currently trading around 1,291 mark. Pair made intraday high at 1,292 and low at 1,285 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,284 mark. A...

FxWirePro: Ripple downside capped by 200 -4H EMA, good to buy on dips

Jan 12, 2018 12:55 pm UTC| Technicals

Major support- 1.56 (200- 4H EMA). The pair has taken support near 1.56 and jumped till 2.25. The major resistance is around 2.40 -2.45 (trend line resistance) and break above targets 3.06/3.31. It is currently...

FxWirePro: USD/CHF trades weak, break below 0.9700 confirms further weakness

Jan 12, 2018 12:43 pm UTC| Technicals

USD/CHF declined almost 150 pips from the high of 0.98455 made Jan 10th 2018. The slight decline in the pair was due to slightly weak US data. The pair dipped till 0.97011 and is currently trading around...

FxWirePro: GBP/JPY trade idea

Jan 12, 2018 12:04 pm UTC| Technicals

GBP/JPY has once again declined after showing a slight dip below trend line. The pair jumped almost 150pips . The pair is consolidating in narrow range between 151 and 150.19. It is currently trading around...

FxWirePro: EUR/USD trades higher on hawkish ECB, good to buy on dips

Jan 12, 2018 12:02 pm UTC| Technicals

EUR/USD has shown a good upside in the European session and has broken major resistance 1.20920 high made on Sep 8th 2017 on account of Hawkish ECB minutes and German political break through. The pair jumped till 1.21270...

FxWirePro: NZD/CAD finds stiff resistance at 0.9146 (200-DMA), good to go long on break above

Jan 12, 2018 11:05 am UTC| Technicals

NZD/CAD has paused upside of 4 successive sessions, trades in narrow range. The pair has broken out of range trade since mid-December and is extending upside. Price action is holding above daily cloud and 100-DMA...

FxWirePro: GBP/NZD pauses downside above 50% Fib, break below targets 200-DMA at 1.8407

Jan 12, 2018 10:45 am UTC| Technicals

GBP/NZD has shown a decisive break below 100-DMA, bears now target 200-DMA at 1.8407. Downside is currently holding above 50% Fib retrace of 1.73375 to 1.98383 rally at 1.8587. Break below to see further drag....

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Economy

Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan

Asian stock markets retreated on Thursday, led by sharp declines in South Korea and Japan as renewed selling in semiconductor stocks erased part of the previous sessions AI-driven gains. Investors turned cautious after...

Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data

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Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge

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Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff

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Politics

Russia Intensifies Drone and Bomb Attacks on Ukraine’s Zaporizhzhia, Deepening Civilian Fear

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Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured

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Abdul El-Sayed Wins Michigan Democratic Senate Primary, Sets Up Key Midterm Showdown

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U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief

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Mark Carney Jokes About Teleprompter, Takes Swipe at Trump

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Trump Administration Releases New UFO Files and Apollo Mission Records

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China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

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SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

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Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations

Western Digital (NASDAQ: WDC) reported stronger-than-expected fiscal fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue while issuing an optimistic outlook for the first...
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