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FxWirePro: Go long on XAG/USD above $17.02, with stop loss 16.88 and target of $17.21

Apr 25, 2016 05:49 am UTC| Technicals

XAG/USD is currently trading around $17.01 marks. It made intraday high at $17.02 and low at $16.85 levels. Intraday bias remains bullish till the time pair holds immediate support level at $16.85 marks. On...

FxWirePro: AUD/NZD bulls seems to have exhausted at trend line, Shooting Star and Doji sends bearish signals

Apr 25, 2016 05:46 am UTC| Technicals

Aussie dollars continues streak of Bull Run against Kiwi dollar has come into halt at around 1.1243 and 1.1264 levels. That is where back-to-back Long legged Dojis and Shooting Star patterns occurred at 1.1247 and...

FxWirePro: NZD/CAD breaks major support 0.8750, good to sell on rallies

Apr 25, 2016 05:26 am UTC| Technicals

Potential Reversal Zone (PRPZ)- 0.8750 NZD/CAD has broken major support 0.8750 and declined till 0.8650 .It is currently trading around 0.8690. The pairs major intraday resistance is around 0.8730 (4H Tenken-Sen)...

FxWirePro: Swedish krona falls ahead of employment data, good to buy on dips

Apr 25, 2016 05:21 am UTC| Technicals

EUR/SEK is currently trading around 9.1670 levels. It made intraday high at 9.1685 and low at 9.1322 levels. Intraday bias remains bullish for the moment. A daily close below 9.1492 will tests key supports...

FxWirePro: AUD/JPY rejected at strong trendline resistance at 86.22, good to sell rallies

Apr 25, 2016 05:17 am UTC| Technicals

AUD/JPY extended upside on negative yen fundamentals, but upside was capped at strong trendline resistance at 86.22. Markets nervous ahead of key central banks events along with a fresh batch of economic data lined up...

FxWirePro: AUD/USD struggles at 0.77 handle, good to sell rallies

Apr 25, 2016 04:46 am UTC| Technicals

AUD/USD is attempts to retake the 0.77 handle after hitting lows of 0.7691, but bears more dominant. Pair is struggling to extend gains beyond the 0.77 handle, downside likely to extend. The major has broken...

FxWirePro: Indian rupee hits fresh 2 –week low against US dollar, good to buy on dips

Apr 25, 2016 04:21 am UTC| Technicals

USD/INR is currently trading at 66.70 marks. It made intraday high at 66.71 and low at 66.65 levels. Intraday bias remains bullish till the time pair holds key support at 66.47 marks. A daily close below...

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Economy

Asian Currencies Steady as Markets Await U.S. Inflation Data

Asian currencies and the U.S. dollar traded in narrow ranges on Tuesday as investors stayed cautious ahead of key U.S. inflation data that could influence expectations for the Federal Reserves interest-rate outlook. The...

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Politics

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

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FCC Steps Up China Tech Crackdown as Beijing Pushes Back

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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

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Trump Administration Releases New UFO Files and Apollo Mission Records

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Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

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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...
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