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FxWirePro: USD/CHF key support at 0.9720, bullish in the short term

Oct 01, 2015 14:25 pm UTC| Technicals

The USD/CHF pair initially rallied from 0.9720 levels to test minor resistance level at 0.9790 in the early European session. However, after failing to break resistance level at 0.9790, the pair has turned back towards...

FxWirePro: USD/JPY key support at 119.60, bullish in the short term

Oct 01, 2015 13:05 pm UTC| Technicals

USD/JPY pair has slipped sharply to hit support level at 119.60, however after failing to break support level at 119.60 the pair is making an attempt to rebound and reach higher levels. The pair is set to reach 120.00 and...

FxWirePro: CAD benefits from rise in oil prices, USD/CAD continues correcting lower

Oct 01, 2015 12:19 pm UTC| Technicals

USD/CAD unwinding from recent 11 year high at 1.3457 posted in Sept continues Pair opened Noram markets 1.3366, -50 pips vs the previous close, days range 1.3331/3251 Brent crude oil higher on the day, up 1.6%, CAD...

FxWirePro: USD/CAD key support at 1.3234, buy deals are recommended above 1.3235

Oct 01, 2015 12:07 pm UTC| Technicals

The USD/CAD pair has slipped sharply to trade around 1.3258 levels, after finding renewed selling interest. The Canadian dollar found some support yesterday on recovering oil prices and positive GDP data. However, the pair...

FxWirePro: Bullion to retest 5 ½ half years lows – strips for hedging as risk reversal signals long term downtrend

Oct 01, 2015 11:52 am UTC| Technicals

The downtrend in bullion market has been persisting and we can urge this hundred times as the negative delta risk reversal numbers shown in the above nutshell suggests downside hedging in long term has been relatively...

FxWirePro: USD/RUB pares oil induced losses, bounces of day's lows at 64.75

Oct 01, 2015 11:40 am UTC| Technicals

Russian rouble traded stronger early on Thursday, helped by higher oil prices and healthier risk appetite on global markets Brent crude oil, a global benchmark for Russias main export, was up 1.1 percent at $48.9 a...

USD/JPY faces minor resistance around 120.35, good to buy at dips

Oct 01, 2015 11:30 am UTC| Technicals

RES 4:121.30 ( SEP 10TH HIGH) RES 3: 120.80 (200 day 4 hma) RES 2: 120.50 (61.8 % retracement of 121.30 and 119.25) RES 1: 120.10 (55 day 4 H EMA) PRICE: 120.03 @11:30 GMT SUP 1: 119.50 (38.2%...

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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