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GBP/JPY Trade Idea

Oct 28, 2016 09:21 am UTC| Technicals

Major resistance 128.50 (trend line joining 128.17 and 128.41) Major support -127.50 (100- HMA) The pair has taken support near 100- HMA and jumped till 128.27 at the time of writing. It is currently trading...

FxWirePro: EUR/USD trades in narrow range, good to buy on dips

Oct 28, 2016 09:17 am UTC| Technicals

Major Resistance- 1.09550 (support turned into resistance). Major support - 1.08500 EUR/USD is trading in narrow range between 1.09467 and 1.08825 for the past two trading session. It is currently trading around...

FxWirePro: USD/CNY jumps above 6.78 mark, PBOC sets yuan mid-point at 6.7858

Oct 28, 2016 08:18 am UTC| Technicals

USD/CNY is currently trading around 6.7822 marks. It made intraday high at 6.7838 and low at 6.7762 levels. Intraday bias remains bullish till the time pair holds key support at 6.7370 marks. On the top...

FxWirePro: NZD/USD shooting star plugs at right consolidation theme (50% Fibos) - Stay short in mid-month futures upon breach below 38.2% Fibos

Oct 28, 2016 08:17 am UTC| Technicals

In our recent technical write up on this pair, weve already stated the formation of shooting star candlestick patterns at peaks of 16-months highs which is bearish in nature (at 0.7318 levels on weekly chart and 0.7282...

FxWirePro: GBP/JPY faces strong resistance at 128.5 , good to buy on dips

Oct 28, 2016 07:56 am UTC| Technicals

Major resistance 128.50 (trend line joining 128.17 and 128.41) Major support - 127.50 (100- HMA) The pair has taken support near 100- HMA and jumped till 128.27 at the time of writing. It is currently trading...

FxWirePro: Norwegian krone falls against euro as industrial confidence, core retail sales fail to meet expectations

Oct 28, 2016 07:28 am UTC| Technicals

EUR/NOK is currently trading at 9.0225 levels. It made intraday high at 9.0232 and low at 8.9960 levels. Intraday bias remains bullish till the time pair holds key support at 8.9701 marks. A sustained close...

Gold face strong support at 200- HMA, break below targets $1250

Oct 28, 2016 07:24 am UTC| Technicals

Major support - $1265 (200- HMA). The yellow metal pared its slight gain made yesterday on account of stronger US dollar and expectations of rate in Dec by Fed. Gold declined sharply till $1266.97.after making a...

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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

Oil prices climbed on Monday as uncertainty over the reopening of the Strait of Hormuz continued to support the market, despite Iran and Oman moving closer to an agreement on new shipping routes through the strategic...

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 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

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

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...

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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