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FTSE100: Sell below break out

Jul 22, 2016 07:44 am UTC| Technicals

Major resistance- 6745 (Jul 14th high) The index formed a temporary top around 6745 and started to decline from that level. It is currently trading around 6687. Short term trend is slightly weak as long as...

FxWirePro: USD/TRY remains well supported above 3.05 mark, downside limited

Jul 22, 2016 07:24 am UTC| Technicals

USD/TRY is currently trading at 3.0687 levels. It made intraday high at 3.0749 and low at 3.0559 levels. Intraday bias remains slightly bullish till the time pair holds key support at 3.0534 marks. A sustain...

FxWirePro: AUD/CAD rebounds from 38.2% Fib, breakout above 0.9820 to see further upside

Jul 22, 2016 06:56 am UTC| Technicals

AUD/CAD likely ends consolidation pattern, pair has shown a nice rebound off 38.2% Fib levels at 0.9727. On the day, downside was rejected at 0.9784 levels, pair now trades close to 23.6% Fib levels at around...

GBP/JPY breaks minor trend line resistance, jump till 141.25 likely

Jul 22, 2016 06:45 am UTC| Technicals

Major intraday resistance 140.25 (trend line joining 140.75 and 140.53) Major intraday support 139.70 (trend line joining 139.51 and 139.62) The pair breaks trend line resistance at 140.25 and jumped till...

FxWirePro: USD/CNY falls below 6.67 mark, PBOC sets yuan mid-point at 6.6669

Jul 22, 2016 06:36 am UTC| Technicals

USD/CNY is currently trading around 6.6693 marks. It made intraday high at 6.6745 and low at 6.6670 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7017 marks. On the top...

FxWirePro: AUD/NZD forms shooting star at stiff resistance at 1.0750, stay short below 7DMA as bullish momentum seems to have exhausted

Jul 22, 2016 06:21 am UTC| Technicals

If you have to plot daily charts, the trend drifting in sideways, shooting star appears at theresistance of 1.0750 to resume bear swings. The previous upswings have consistently been rejecting to the push southwards as...

Gold: Buy above break out

Jul 22, 2016 05:50 am UTC| Technicals

Major resistance -$1333 (trend line joining $1375 and $1333.74, 200 HMA) Major support - $1322 (hourly Kijun-Sen) The yellow metal has made a high of $1333 yesterday and slightly declined from that level. It is...

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Economy

Gold Price Hits Two-Month High as Investors Await US Inflation Data

Gold prices extended their rally on Tuesday, climbing to their highest level in more than two months as strong investor demand, safe-haven buying and bullish momentum outweighed pressure from higher U.S. Treasury yields, a...

Yen Stabilizes After Intervention Slide as Australian Dollar Hits Eight-Week High

The Japanese yen steadied against the U.S. dollar on Tuesday after suffering a sharp decline in the previous session, as the impact of the recent joint U.S.-Japan currency intervention continued to fade. Meanwhile, the...

Singapore Raises 2026 GDP Growth Forecast as AI Demand Fuels Economy

Singapores economy delivered stronger-than-expected growth in the second quarter of 2026, prompting the government to significantly raise its full-year GDP forecast as booming global demand for artificial...

England Drought Expands to 71% as Heatwave Deepens Water Crisis

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Gold Prices Rise as Fed Rate Hike Bets Ease

Gold prices extended their strong rally on Monday as weak U.S. employment data reduced expectations for further Federal Reserve interest rate hikes, while investors turned their attention to upcoming U.S. inflation...

Politics

Ukraine Accuses Russia of Systematic Torture of POWs and Civilian Detainees

Former Ukrainian detainees and government officials have accused Russia of widespread and systematic torture of Ukrainian prisoners of war and civilian detainees, alleging beatings, electric shocks, sexual violence and...

Houthi Attack on Yemen’s Mocha Port Kills 7, Injures 30

At least seven people were killed and 30 others wounded after Houthi forces launched a major attack on Yemens Red Sea port city of Mocha, according to the Yemeni military. The military said in a statement early Monday that...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Trump Secretly Switched Planes in Turkey After Iran Threat, Report Says

U.S. President Donald Trump secretly switched to a smaller military aircraft while leaving Turkey last month due to a potential Iranian security threat, according to a Washington Post report published Monday. Trump had...

FCC Steps Up China Tech Crackdown as Beijing Pushes Back

The U.S. Federal Communications Commission (FCC) has emerged as a key force in the Trump administrations technology and national security strategy toward China, expanding its role far beyond traditional oversight of...

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

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...

Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

Apple Inc. (NASDAQ: AAPL) is reportedly testing memory chips from Chinese semiconductor manufacturer CXMT Corp as the rapid expansion of artificial intelligence infrastructure puts increasing pressure on global memory...

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...
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