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EUR/GBP forms cup and handle pattern, jump till 0.7220 is possible

Aug 14, 2015 12:09 pm UTC| Technicals

RES 4: 0.7290 (161.8% retracement of 0.6949 and 0.7160) RES 3 : 0.7225 (Jul 10th high) RES 2: 0.7159 (Jul 27th high) RES 1: 0.7137 (7 day 4 HEMA) PRICE: 0.7143@ 12:07 GMT SUP 1: 0.7100 (Kijun-Sen) ...

FxWirePro: USD/CHF approaching support level at 0.9730, buy deals are recommended around 0.9710

Aug 14, 2015 12:04 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9729, the support level 0.9700 is very strong to let the bears pass through is very unlikely, a strong rebound is expected soon to as dollar is set to gain strength due to strong...

FxWirePro: USD/CAD under pressure ahead of U.S. open, Canadian Manufacturing sales in focus

Aug 14, 2015 12:04 pm UTC| Technicals

Canadian dollar continues under pressure against the backdrop of increasing selling interest around crude oil, crude futures hit 6-1/2 lows today. Hourly price action dips below the cloud and Stochs and RSI are biased...

FxWirePro: GBP/USD key resistance level at 1.5688, bullish in the short term

Aug 14, 2015 12:02 pm UTC| Technicals

The cable has broken resistance at 1.5629 and is moving towards higher range. The pair is trying approaching to test resistance level at 1.5658, a breakout at the said resistance level will unleash a strong bullish...

FxWirePro: GBP/USD consolidates in narrow range, good to buy at dips

Aug 14, 2015 11:53 am UTC| Technicals

RES 4:1.56885 (Jul 29th high) RES3: 1.56773 (Jul 31st high) RES 2: 1.56585 (Aug 13th high) RES 1: 1.56340 (50% retracement of 1.59277 and 1.53291) PRICE: 1.55859 @ 11:58 GMT SUP 1: 1.5566 (200 day 4...

AUD/USD Trade Idea

Aug 14, 2015 11:38 am UTC| Technicals

AUD/USD consolidates in narrow range 0.7320-0.7409 for the past two trading session. Major trend reversal level- 0.7385 Break above would extend gains till 0.7450/0.7500 in short term. On the downside minor support is...

EUR/USD forms BIG W pattern, break above 1.1215 confirms bullishness

Aug 14, 2015 11:31 am UTC| Technicals

EUR/USD has formed BIG W Pattern. Major resistance is around 1.2150 and any break above confirms bullishness, jump till 1.1435/1.1465. On the downside major support is around 1.1050 and break below confirms short term...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

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

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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....