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FxWirePro: USD/CHF faces strong resistance at 200 day MA, good to buy on dips

Aug 08, 2016 09:30 am UTC| Technicals

Major resistance 0.9855 (200 day MA). The pair recovered from the low of 0.97834.It is currently trading around 0.98133. USD/CHF should close above 0.9855 (200 day MA) for further bullishness. Any break above...

FxWirePro: USD/TRY breaks key support at 2.9960, downside limited

Aug 08, 2016 08:33 am UTC| Technicals

USD/TRY is currently trading at 2.9885 levels. It made intraday high at 2.9977 and low at 2.9850 levels. Intraday bias remains bearish till the time pair holds key resistance at 3.0085 marks. A sustained...

FxWirePro: CAD/JPY upside capped by 7 day EMA, good to sell on rallies

Aug 08, 2016 07:53 am UTC| Technicals

Major resistance -78 The pair is consolidating in a narrow range between 76.98 and 77.56 for the past two trading session. It is currently trading around 77.49. On the lower side, minor support is around 77.35...

FxWirePro: USD/CNY hits fresh 7-day high at 6.6642; PBOC sets yuan mid-point at 6.6615

Aug 08, 2016 07:33 am UTC| Technicals

USD/CNY is currently trading around 6.6599 marks. It made intraday high at 6.6642 and low at 6.6473 levels. Intraday bias remains bullish till the time pair holds key support at 6.6388 mark. On the top side,...

FxWirePro: AUD/JPY finds major resistance at 78.11, go long on breakout above

Aug 08, 2016 07:24 am UTC| Technicals

AUD/JPY edges higher after forming a double bottom at 76.50. Momentum studies are bullish, RSI biased higher and Stochs have rolled over from oversold levels. The pair finds major resistance at 78.11 (50-DMA) and...

FxWirePro: EUR/JPY gains hold stiff despite bearish signals - Strangle shorts for risk averse and BPS for aggressive speculators

Aug 08, 2016 07:03 am UTC| Technicals

Technically, the pair is bullish bias for the day but seems to have given up the momentum in recent gains at resistances of 113.343 on the intraday chart (4H), while the prices on monthly chart consistently rejected at...

FxWirePro: AUD/CAD upside capped by major resistance at 1.0062, bias higher

Aug 08, 2016 06:48 am UTC| Technicals

AUD/CAD upside capped at major trendline resistance at 1.0062. The pair has edged lower to currently trade at 1.0027, bias remains higher. Our previous call...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

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Politics

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U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

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Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

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Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

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NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

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NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

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SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

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San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

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SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

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TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

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Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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