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FxWirePro: NEO/USD breaks major trendline resistance at 109.50, scope for test of 161.8% Fib at 134

Jan 09, 2018 11:18 am UTC| Technicals Digital Currency

NEO/USD has shown a break above major trendline resistance at 109.50. The following technical studies support further upside: - RSI strong above 70 levels and biased higher. - 5-DMA sharply higher, 20-DMA supports...

FxWirePro: GBP/USD breaks minor trend line support, dip till 1.3430 likely

Jan 09, 2018 11:03 am UTC| Technicals

Cable has shown a minor selling after hitting high of 1.3585 made yesterday. The main reason for decline happened after reshuffle in UK government. The pair declined almost 75 pips for the intraday. It is currently trading...

FxWirePro: EUR/NZD breaks 100-DMA support at 1.6756, good to short rallies

Jan 09, 2018 10:47 am UTC| Technicals

EUR/NZD has broken below 100-DMA support at 1.6756, intraday bias lower. The pair is trading with a bearish bias, technical studies support further downside. Price action has dipped below daily Ichi cloud and...

FxWirePro: AUD/JPY displays hanging man, shooting star and doji to signal weakness, major trend exhausts at stiff resistances of 61.8% Fibos

Jan 09, 2018 09:51 am UTC| Technicals Insights & Views

Hanging man, shooting star long-legged doji have occurred at 88.963, 88.841 and 88.964 levels respectively to plummet prices below SMAs, more slumps on cards upon bearish SMA crossover (7SMA crosses below 21SMA), both...

FxWirePro: AUD/JPY displays hanging man, shooting star and doji to signal weakness, major trend exhausts at stiff resistances of 61.8% Fibos

Jan 09, 2018 09:51 am UTC| Technicals Insights & Views

Hanging man, shooting star long-legged doji have occurred at 88.963, 88.841 and 88.964 levels respectively to plummet prices below SMAs, more slumps on cards upon bearish SMA crossover (7SMA crosses below 21SMA), both...

FxWirePro: EUR/AUD holds 100-DMA support at 1.5211, good to short break below

Jan 09, 2018 08:45 am UTC| Technicals

EUR/AUD has broken major trendline support at 1.5315 and is extending downside for 3rd straight session. An unexpected surge in Australias building approvals supporting AUD bulls. Australias building consents...

FxWirePro: USD/CAD trades weak on BOC rate hike hopes, good to sell on rallies

Jan 09, 2018 08:42 am UTC| Technicals

CAD outperformed USD and enjoyed more than 150 pips rally in 2018. USD/CAD declined sharply after forming temporary top around 1.29202 on Dec 19th 2017. The main reason for the rally in Canadian dollar is due to better...

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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

Asian currencies traded in a narrow range on Thursday as the U.S. dollar hovered near a seven-week low, with investors closely watching Middle East diplomatic developments and upcoming U.S. labor market data for clues on...

Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow

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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

Russian attacks across several regions of Ukraine killed at least six people and injured dozens overnight, as rescue teams continued emergency operations on Thursday, according to Ukrainian authorities. In the eastern city...

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

Canadian Prime Minister Mark Carney made light of a teleprompter malfunction during a housing policy news conference on Wednesday, using the unexpected interruption to take a subtle jab at U.S. President Donald Trump....

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

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

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

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...

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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