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FxWirePro: EUR/SEK exhibits range bound movement, bias remains neutral

Feb 23, 2017 07:59 am UTC| Technicals

EUR/SEK is currently trading around 9.4766 levels. It made intraday high at 9.4798 and low at 9.4652 levels. Intraday bias remains neutral for the moment. A sustained break above 9.4810 tests key resistances...

FxWirePro: EUR/JPY holds 100-DMA support, weakness only on break below

Feb 23, 2017 07:16 am UTC| Technicals

Euro buoyed on Wednesday after Francois Bayou pulled out of the French Presidential race, boosting Macros probability of beating anti-Euro Marine Le Pen. EUR/JPY on Wednesday saw sharp rebound from session lows at...

FxWirePro: NZD/USD bulls likely to gain traction upto next resistance on bullish SMA crossover – One touch binaries for speculation and futures for long hedge

Feb 23, 2017 07:08 am UTC| Technicals

Weve been neutral in a 0.7130-0.7240 range for Kiwi dollar against US dollar. Next strong resistance is seen at 0.7245 levels. Major resistance is seen at 0.7410 levels. When youve to observe the consolidation...

FxWirePro: USD/ZAR falls below 13.00 mark, stay bearish below 12.95

Feb 23, 2017 06:53 am UTC| Technicals

USD/ZAR is currently trading around 12.98 levels. It made intraday high at 13.02 and low at 12.92 levels. Intraday bias remains bearish till the time pair holds key resistance at 13.17 marks. A daily...

FxWirePro: GBP/JPY forms symmetrical triangle pattern, good to sell on rallies

Feb 23, 2017 06:51 am UTC| Technicals

Chart pattern- Symmetrical triangle pattern Major resistance 142.05 (trend line joining 144.78 and 142.80) Major support 139.40 (200- day MA) GBP/JPY has declined once again after jumping till 142.05...

FxWirePro: USD/KRW remains well supported below 1,140 mark after BOK’s base rate decision

Feb 23, 2017 06:34 am UTC| Technicals

USD/KRW is currently trading around 1,138 levels. Pair made intraday high at 1,140 and low at 1,135 marks. Intraday bias remains neutral till the time pair holds key support at 1,138 marks. A daily close...

FxWirePro: Bullish RSI divergence on EUR/GBP hourly charts, good to go long on break above 0.85

Feb 23, 2017 06:22 am UTC| Technicals

EUR/GBP fails to hold break below 200-DMA at 0.8467, has edged higher to currently trade at 0.8488. The single currency showed a sharp rebound yesterday after Francois Bayou pulled out of the French Presidential race,...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

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

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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