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FxWirePro: USD/JPY jumps above 104.00 mark after BOJ’s meeting minutes

Nov 07, 2016 00:58 am UTC| Technicals

USD/JPY is currently trading around 104.02 marks. It made intraday high at 104.47 and low at 103.75 levels. Intraday bias remains bullish till the time pair holds key support at 102.55 levels. A daily close...

FxWirePro: AUD/USD key support at 0.7532, upside prevails in the short term

Nov 04, 2016 14:26 pm UTC| Technicals

AUD/USD pair eased in US session as the Australian dollar lost bullish momentum after oil prices slipped further and slightly positive US economic data boosted greenback. US Nonfarm payrolls increased by 161,000 jobs...

FxWirePro: USD/CAD consolidating around 1.3425, bias is bullish

Nov 04, 2016 13:55 pm UTC| Technicals

The USD/CAD pair inched higher in the US as Canadian dollar was pressured by the weak trend in the countrys exports and lower oil prices, while a solid U.S. jobs gain supported the greenback. US nonfarm payrolls...

FxWirePro: Buy GBP/JPY above 129.15

Nov 04, 2016 13:03 pm UTC| Technicals

Major intraday resistance -129.16 (34 day EMA) Major support 126.40 (trend line joining 125.91 and 126.12) GBP/JPY has made a temporary top around 129.04 and struggling to close above that level. It is currently...

EURUSD trade idea

Nov 04, 2016 12:49 pm UTC| Technicals

Major resistance 1.11260 (50 day MA) Major support 1.10550 (daily Kijun-Sen) EUR/USD declined till 1.10596 yesterday and slightly recovered from that level. It is currently trading around 1.10977. The...

FxWirePro: USD/CAD on verge of handle formation, upswings gaining traction in tug of war between bulls and bears

Nov 04, 2016 12:14 pm UTC| Technicals

CAD seems to have taken a halt in the tight range between 1.3433 and 1.3331 against USD, while USD bulls gain traction in this tight range (see both daily and monthly plotting). The current prices are consistently...

EURUSD faces strong resistance at 50 –day SMA, market awaits US NFP

Nov 04, 2016 11:25 am UTC| Technicals

Major resistance 1.11260 (50 day MA) Major support 1.10550 (daily Kijun-Sen) EUR/USD declined till 1.10596 yesterday and slightly recovered from that level. It is currently trading around 1.10977. The...

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Economy

South Korean Won Leads Asian FX Losses as Dollar Rises

The South Korean won led declines across Asian currencies on Monday as the U.S. dollar strengthened, while the Japanese yen retreated after giving up some of its intervention-driven gains. The U.S. Dollar Index rose 0.18%...

Oil Prices Rise as Hormuz Reopening Remains Uncertain

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Gold Prices Hold Near Seven-Week High as Markets Await U.S. Inflation Data

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

Asian stock markets moved higher on Monday, following record gains on Wall Street as weaker U.S. employment data reduced expectations for an imminent Federal Reserve interest rate hike. Oil prices also advanced as...

Politics

Houthi Attack on Yemen’s Mocha Port Kills Seven, Injures 30

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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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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...

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

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

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

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...

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...
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