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FxWirePro: USD/CHF recovers from 5-week lows, prices starting to look oversold on dailies

Aug 24, 2015 06:49 am UTC| Technicals

CHF bulls under control amidst ongoing risk-aversion, Swiss franc rises to 5-week highs on safe-haven appeal USD/CHF downtrend has taken out 200-DMA, 61.8% Fibo of 0.9152-0.9903 advance at 0.9439 and late July lows...

FxWirePro: USD/JPY bounces-off fresh monthly lows at 120.72, bias remains lower, good to sell rallies

Aug 24, 2015 06:23 am UTC| Technicals

Dollar fell to 6-week low vs safe-haven yen, as the Japanese currency continues to enjoy the safe-haven status against its American counterpart. China concerns, Shanghai Composite plunge behind market turmoil, set to...

GBP/AUD breaks major resistance 2.1530, jump till 2.1930 cannot be ruled out

Aug 24, 2015 06:19 am UTC| Technicals

GBP/AUD broken major resistance of 2.15271 and is trading at 2.1650 level. It has broken ascending triangle pattern resistance at 2.1527 and any break above would extend gains till 2.1933 (161.8% retracement of 2.1527 and...

FxWirePro: AUD/NZD strips yield maximum profits but focus on PRBS that keeps tight hedging

Aug 24, 2015 06:18 am UTC| Technicals

Both weekly and monthly graphs suggest bearish signals, the pair is currently trading a way below 10 day moving average at around 1.0959 levels. More importantly a long real body bearish candle occurred at 1.0924 with...

FxWirePro: AUD/USD hits fresh trend low at 0.7200, under pressure as SHCOMP re-opens

Aug 24, 2015 06:00 am UTC| Technicals

Aussie tracking Chinese stocks rout while plummeting oil and base metals prices add to the persisting risk-off mood AUD/USD down 1.2% last on the day, currently trading at 0.7226, but losses on crosses edging over...

FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies

Aug 24, 2015 05:44 am UTC| Technicals Digital Currency

BTC/USD has made a low of $211 and recovered till $235 from that level. Short term trend is bearish as long as resistance $235 holds. The minor resistance is around $235 and break above will take the pair to next...

EUR/USD breaks major resistance 1.1470, targets 1.1640/1.1780

Aug 24, 2015 03:14 am UTC| Technicals

As per our analysis EUR/USD has reached previous high 1.14656 after breaking of major resistance 1.12180. It has broken major resistance 1.1470 in Asian session , a jump till 1.1640/1.1780 is possible. Bullish...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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Politics

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

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U.S.–Russia Talks in Florida Raise Hopes but Reveal Deep Divides Over Ukraine War

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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