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FxWirePro: AUD/USD extends upside, holds above 5-DMA

Jan 04, 2017 06:06 am UTC| Technicals

Technical Analysis: AUD/USD continues gradual grind higher, holds above 5-DMA. Major trendline support seen at 0.7160, weakness only on break below. RSI and Stochs have shown a rollover from oversold...

FxWirePro: Gold Intraday trade idea

Jan 04, 2017 05:59 am UTC| Technicals

Major resistance - $1171 (161.8% retracement of $1163 and $1149) Major support - $1140 (10- day MA) The yellow metal has taken support near channel bottom and recovered sharply from that level. It is currently...

FxWirePro: USD/KRW stabilizes around 1,205 mark, faces strong support at 1,198

Jan 04, 2017 04:56 am UTC| Technicals

USD/KRW is currently trading around 1,205 levels. Pair made intraday high at 1,208 and low at 1,205 marks. Intraday bias remains neutral till the time pair holds key resistance at 1,211 levels. A daily close...

FxWirePro: EUR/AUD takes 20-DMA support, break below to test 1.43

Jan 04, 2017 04:56 am UTC| Technicals

Technical Analysis: EUR/AUD extends downside after rejection at 200-DMA. The pair has broken below 100-DMA at 1.4515 on Tuesdays trade. Currently, the pair is hovering around 1.4378 after taking support by...

ASX200 trades higher, jump till 5797 likely

Jan 04, 2017 04:14 am UTC| Technicals

Major support 5640 (10- day MA). ASX200 broken the high of 5712 and jumped till 5755 yesterday. It is currently trading around 5737. Short term trend is bullish as long as support 5585 (21- day EMA) holds. Any...

FxWirePro: USD/THB hovers around key resistance at 35.90 mark, sustained close above targets 36.08 mark

Jan 04, 2017 02:58 am UTC| Technicals

USD/THB is currently trading around 35.90 marks. It made intraday high at 35.93 and low at 35.82 marks. Intraday bias remains bullish till the time pair holds key support at 35.75 mark. On the top side key...

Nikkei trades higher on weak yen, targets 20000

Jan 04, 2017 02:54 am UTC| Technicals

Nikkei225 recovered sharply after showing a slight decline below 19000 on account of weaker yen. It is currently trading around 19513 0.94% higher. USD/JPY has taken support near 21- day EMA around 116 and jumped...

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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

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Trump Unveils $3 Billion U.S. Critical Minerals Push

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Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

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Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

Politics

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

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

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

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

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

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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

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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