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FxWirePro: AUD/CAD breaks major support at 0.9823, good to go short on rallies

Jul 19, 2016 04:07 am UTC| Technicals

AUD/CAD has broken major trendline support at 0.9823, intraday bias lower. Techs are bearish, Stochs, RSI are biased south, MACD line is on the verge of a bearish crossover on signal line. Supports on the...

FxWirePro: NZD/USD breaks major support at 0.7070, on track to test 50-DMA

Jul 19, 2016 03:32 am UTC| Technicals

Kiwi extends downside for the fifth consecutive session. Techs are heavily bearish, we see no signs of reversal. RBNZ announced earlier today move to quell the countrys housing boom by restricting the amount of money...

FxWirePro: USD/TWD back above 32.00 mark, bias remains bullish above 31.87

Jul 19, 2016 03:08 am UTC| Technicals

USD/TWD is currently trading around 31.99 mark, It made intraday high at 32.05 and low at 31.93 marks. Intraday bias remains bullish till the time pair holds key support at 31.87 marks. A sustain close below...

FxWirePro: RBA minutes released, AUD/USD slumps despite no hint of August easing

Jul 19, 2016 02:55 am UTC| Technicals

RBA earlier today released minutes of the July RBA meeting when interest rates were held unchanged at 1.75%. Minutes highlighted the central bank policy is not on a preset course and reiterated the data dependency of...

FxWirePro: ASX200 faces strong resistance at 5500,good to buy at dips

Jul 19, 2016 02:54 am UTC| Technicals

Major support - 5390(4 Hour Kijun-Sen) The index has retreated slightly after making a high of 5481.It is currently trading around 5457. Overall trend is bullish as long as the support 5390 (4H Kijun-Sen)...

FxWirePro: USD/SGD enjoys range bound market movement, sell on rallies

Jul 19, 2016 02:45 am UTC| Technicals

USD/SGD is currently trading around 1.3506 marks. It made intraday high at 1.3519 and low at 1.3473 levels. Intraday bias remains neutral till the time pair holds key support at 1.3496 marks. A daily close...

FxWirePro: Nikkei225 consolidates in narrow range,good to buy at dips

Jul 19, 2016 02:36 am UTC| Technicals

Major Support -16200 (55 day EMA) Major Intraday resistance- 16656 ​ Nikkei225 has jumped till 16656 and slightly declined from that level.It is currently trading around 16569. The index upside upside has...

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Economy

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

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Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing

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Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

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China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

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Politics

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

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European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

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U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

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Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine

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Jimmy Lai Convicted Under Hong Kong National Security Law in Landmark Case

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Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...
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