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FxWirePro: EUR/CAD major trend creeps up through ascending triangle but restrained at major resistance, gravestone could be deceptive

Nov 08, 2016 12:41 pm UTC| Technicals

The gravestone doji appeared at 1.4752 levels to evidence dips below 7DMA, but no confirmation from leading and lagging indicators. The prices behavior in major trend attempt to creep up in the ascending triangle...

FxWirePro: GBP/JPY downside capped by 34 day EMA, good to buy on dips

Nov 08, 2016 12:33 pm UTC| Technicals

Major intraday resistance -130 Major support 126.40 (trend line joining 125.91 and 126.12). GBP/JPY has taken support near 34- day EMA and jumped till 129.97 at the time of writing. It is currently trading...

USD/CAD Trade idea

Nov 08, 2016 12:07 pm UTC| Technicals

Major resistance- 1.34000 USD/CAD has jumped after making a low of 1.3361 yesterday. It is currently trading around 1.33536. Loonie upside is capped by 1.4000 on account of US elections. The pair jumped till...

FxWirePro: USD/KRW bulls and bear bet on breach below EMAs and DMAs, major trend still on seesaw

Nov 08, 2016 09:45 am UTC| Technicals Insights & Views

Although, USDKRW has declined today from the highs of 1141.50, remained well supported at 21-DMAs or at 1133.90 levels on daily terms. Leading oscillators converge to the ongoing dips that signals the strength and...

FxWirePro: USD/CAD upside capped below 1.34000, good to sell on rallies

Nov 08, 2016 09:35 am UTC| Technicals

Major resistance- 1.34000 USD/CAD has jumped after making a low of 1.3361 yesterday. It is currently trading around 1.33536. Loonie upside is capped by 1.4000 on account of US elections. The pair jumped till...

FxWirePro: Silver erases previous loss against U.S. dollar, jumps above $18.30 mark

Nov 08, 2016 08:25 am UTC| Technicals

XAG/USD is currently trading around $18.30 marks. It made intraday high at $18.33 and low at $18.16 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $18.42 marks. A...

​FxWirePro: AUD/JPY holds break above 200-DMA, bias higher, stay long

Nov 08, 2016 08:24 am UTC| Technicals

AUD/JPY is consolidating at fresh 4-month highs of 80.78 hit on Monday. The pair has shown a clear breakout above 200-DMA and we scope for further upside. Technical indicators on daily charts are slightly...

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Economy

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Bets

Asian stocks mostly advanced on Monday, following record highs on Wall Street as weaker-than-expected U.S. employment data reduced expectations for a Federal Reserve interest rate hike in September. Japan and South Korea...

Asian Stocks Rise as Weak US Jobs Data Eases Fed Rate Hike Fears

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Politics

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

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

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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

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Technology

Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

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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

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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...
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