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FxWirePro: NZD/JPY slips below 78 handle, bias lower, stay short

Nov 14, 2017 06:09 am UTC| Technicals

NZD/JPY slips below 78 handle, is on track to test major support at 77. Downbeat China October data dump dents the antipodeans. Chinas Oct retail sales y/y came in at +10.0 vs 10.4% expected and 10.3%...

FxWirePro: Gold consolidates in narrow range, good to sell on rallies

Nov 14, 2017 05:31 am UTC| Technicals

Gold is consolidating after showing a minor decline till $1273. The yellow metal has raised almost $25 in the previous week. But upside is capped by 10% rise in US bond yields. It is currently trading around...

FxWirePro: Kiwi dented by downbeat China Oct data dump, stay short in NZD/USD

Nov 14, 2017 05:07 am UTC| Technicals

Poor China data dump aggravates the selling pressure in the NZD/USD pair. NZD/USD hits fresh weekly lows near 0.6860, bias lower. Technical studies have turned bearish on daily charts, RSI and Stochs have turned...

FxWirePro: Singapore dollar trades almost flat against U.S. dollar, bias remains neutral

Nov 14, 2017 05:07 am UTC| Technicals

USD/SGD is currently trading around 1.3609 marks. It made intraday high at 1.3625 and low at 1.3607 levels. Intraday bias remains neutral till the time pair holds key support at 1.3598 mark. A daily close...

FxWirePro: EUR/NZD breaks above 20-DMA at 1.6835, bias higher, stay long

Nov 14, 2017 04:22 am UTC| Technicals

EUR/NZD has shown a decisive break above 20-DMA, scope for further upside. ​ Technical studies are bullish, RSI and Stochs are biased higher and MACD is on verge of bullish crossover on signal line. Call update: We...

FxWirePro: AUD/USD breaks major trendline support at 0.7635, hits fresh multi-month lows at 0.7609

Nov 14, 2017 04:07 am UTC| Technicals

AUD/USD has broken major trendline support at 0.7635, bias remains bearish. The pair hit fresh multi-month lows at 0.7609 before paring losses to currently trade at 0.7630. Aussie was supported post upbeat NAB...

FxWirePro: USD/TWD remains well supported above 30.10 mark, stay bearish only below breakout

Nov 14, 2017 04:06 am UTC| Technicals

USD/TWD is currently trading around 30.14 marks. It made intraday high at 30.20 and low at 30.10 marks. Intraday bias remains neutral till the time pair holds key support at 30.10 mark. A daily close above...

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Economy

China Trade Surplus Beats Forecasts in July as Exports Stay Strong

Chinas trade surplus exceeded market expectations in July as exports remained resilient, although faster import growth and softer export momentum pushed the surplus lower compared with the previous month. Official...

Asian Currencies Steady as Markets Await U.S. Jobs Data

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Politics

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US-Backed Venezuela Government, Opposition Talks Begin

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Russian Strikes on Ukraine Kill Six, Wound Dozens in Balakliia and Sumy

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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

Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

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

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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...
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