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FxWirePro: Gold forms head and shoulder pattern, good to sell below $1232

Feb 21, 2017 06:15 am UTC| Technicals

Pattern formed Head and shoulder pattern The yellow metal has taken support near 200- H MA and slightly jumped from that level. Gold is trading weak on account of strong U.S dollar. It is currently trading around...

FxWirePro: NZD/USD resumes downside after brief consolidation on Monday, eyes 200-DMA at 0.7131

Feb 21, 2017 05:44 am UTC| Technicals

NZD/USD resumes downside after brief consolidation on Mondays trade, bias lower. Renewed buying interest seen in the greenback in the Asian hours on the back of a rebound in US treasury yields. Investors gear up for...

FxWirePro: USD/INR trades in narrow range, faces strong support at 66.99  

Feb 21, 2017 05:00 am UTC| Technicals

USD/INR is currently trading around 67.01 marks. It made intraday high at 67.05 and low at 66.99 marks. Intraday bias remains neutral till the time pair holds key support at 66.99 marks. Key resistances are...

FxWirePro: USD/THB exhibits range bound movement, bias remains neutral

Feb 21, 2017 04:20 am UTC| Technicals

USD/THB is currently trading around 35.05 marks. It made intraday high at 35.09 and low at 35.02 marks. Intraday bias remains slightly bullish till the time pair holds immediate support at 34.99 marks. On...

FxWirePro: USD/SGD jumps above 1.42 mark, sustained close above targets 1.4409

Feb 21, 2017 03:21 am UTC| Technicals

USD/SGD is currently trading around 1.4210 marks. It made intraday high at 1.4220 and low at 1.4179 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.4150 marks. A...

Nikkei faces psychological support at 19000, good to buy on dips

Feb 21, 2017 02:59 am UTC| Technicals

Nikkei has continued its winning streak for the second consecutive days on account of weaker yen. The index is facing strong support at 55- day EMA at 18955and any further weakness can be seen only below that level. It is...

FxWirePro: EUR/KRW remains well supported below 1,220 mark, good to sell on rallies

Feb 21, 2017 02:28 am UTC| Technicals

EUR/KRW is currently trading around 1,212 mark. Pair made intraday high at 1,217 and low at 1,212 levels. Intraday bias remains bearish till the time pair holds key resistance at 1,221 mark. A daily close...

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Economy

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

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Politics

Germany Warns of Daily Hybrid Warfare Threats

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ICE to Complete Nationwide Body Camera Rollout by End of August

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Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

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Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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

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Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...
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