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FxWirePro: GBP/JPY faces strong resistance at 137, good to sell on rallies

Aug 01, 2016 05:27 am UTC| Technicals

Major resistance- 137.05 (hourly Tenken-Sen). Major support 134.78 (trend line joining 139.24 and 135.96) The pair has recovered sharply after making a low of 134.80 on Friday. It is currently trading around...

Gold trades well above 21 day MA, targets $1360/$1374

Aug 01, 2016 04:58 am UTC| Technicals

Major resistance - $1327 (200 H MA) The yellow metal has broken a minor resistance $1345 and jumped till $1354 on Friday. It is currently trading around $1350. Any short term weakness can be seen only below $1327...

FxWirePro: USD/INR opens marginally higher at 66.68, good to sell on rallies

Aug 01, 2016 04:46 am UTC| Technicals

USD/INR is currently trading around 66.72 marks. It made intraday high at 66.80 and low at 66.68 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.85 marks. Key...

FxWirePro: USD/JPY rebounds from lows on upbeat Chinese data, good to go long on dips

Aug 01, 2016 04:37 am UTC| Technicals

USD/JPY picked up significant strength and saw a nice rebound from lows of 102 levels. Renewed risk-on wave in the markets following the release of better-than-expected Chinese Caxin manufacturing PMI. Data...

FxWirePro: Taiwanese dollar gains against USD on robust PMI data

Aug 01, 2016 03:57 am UTC| Technicals

USD/TWD is currently trading around 31.73 mark. It made intraday high at 31.93 and low at 31.66 marks. Intraday bias remains bearish till the time pair holds key resistance at 32.12 marks. A sustain close...

ASX200 breaks major resistance 5600, jump till 5700 likely

Aug 01, 2016 02:26 am UTC| Technicals

Major support - 5555 (4H Kijun-Sen) The index has broken major psychological resistance at 5600 and jumped till 5622 at the time of writing. It is currently trading around 5616. Overall trend is bullish as long...

FxWirePro: USD/SGD hovers around 1.34 mark; stay bullish above 1.3430

Aug 01, 2016 02:20 am UTC| Technicals

USD/SGD is currently trading around 1.3405 marks. It made intraday high at 1.3430 and low at 1.3387 levels. Intraday bias remains bullish till the time pair holds key support at 1.3387 marks. A daily close...

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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

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...

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

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

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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