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FxWirePro: USD/CHF declines slightly on safe haven demand, good to sell on rallies

Nov 13, 2017 12:25 pm UTC| Technicals

USD/CHF has shown a minor jump after forming a bottom around 0.99218 on Nov 9th 2017 low. The pair declined till 0.99218 and is currently trading around 0.99380. GOP Senate leaders announced a tax package that it will...

FxWirePro: GBP/JPY trade Idea

Nov 13, 2017 12:07 pm UTC| Technicals

GBP/JPY has shown a slight jump till 149.99 on Friday and declined sharply from that level on UK political uncertainties. The pair broken previous low of 148.45 and declined till 148.18 at the time of writing. It is...

FxWirePro: Sell EUR/USD on rallies

Nov 13, 2017 11:59 am UTC| Technicals

Major resistance 1.1700 EUR/USD has shown a minor recovery till 1.06800 after US Senate confirmed slight delay in tax reform. The pair declined from the high. ECB vice president Constancio is scheduled to speak later...

FxWirePro: NZD/JPY Trade Idea

Nov 13, 2017 11:17 am UTC| Technicals

FxWirePros Hourly Currency Strength Index bias for NZD/JPY: Bearish FxWirePros Hourly NZD Spot Index was at -82.0401: Bearish FxWirePros Hourly JPY Spot Index was at 106.336: Bullish Technical Analysis: Bias...

FxWirePro: EUR/GBP breaks above 20-DMA at 0.8872, good to long above 0.8920

Nov 13, 2017 10:52 am UTC| Technicals

EUR/GBP hits ten-day high at 0.8918 on the back of broad based GBP selling. Pound offered across the board on rising political uncertainty. Reports showed as many as 40 Conservative lawmakers have signed a letter,...

FxWirePro: GBP/USD tumbles on UK political uncertainty, good to sell on rallies

Nov 13, 2017 10:25 am UTC| Technicals

Cable slides sharply after hitting a high of 1.32295 (61.8% fibo) on account of political uncertainty in UK. The pair declined till 1.30618 and is currently trading around 1.30725. The pair tumbled after reports shows...

FxWirePro: AUD/JPY on track to test 200-DMA at 86.0, good to short rallies

Nov 13, 2017 10:13 am UTC| Technicals

AUD/JPY recovery capped below 5-DMA at 87 levels, bias bearish. Technical studies are heavily bearish, RSI and Stochs are sharply lower. Weekly charts also support downside in the pair. RSI biased lower and below...

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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

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

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

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Technology

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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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