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FxWirePro: Aussie pares losses in European session, good to sell on rallies

Aug 12, 2015 11:39 am UTC| Technicals

RES 4: 0.7450 (Jul 21st high) RES 3: 0.74275 (Aug 4th high) RES 2: 0.7420 (200 day 4HMA) RES 1: 0.7350 (20 day 4 HMA) PRICE: 0.73520 @11:37 GMT SUP 1: 0.7315 (Aug 6th low) SUP 2: 0.7250 (161.8%...

FxWirePro: USD/JPY retreats from higher levels, good to buy at dips

Aug 12, 2015 10:53 am UTC| Technicals

RES 4: 127.93 (161.8% retracement of 125.85 and 120.40) RES 3: 126.88 (161.8% retracement of 124.43 and 120.45) RES 2 : 125.85 (jun 5th high) RES 1:125 PRICE: 124.40 @10:49 GMT SUP1 : 124.70 (20 day...

FxWirePro: USD/IDR spikes above 13800, BI in markets to support Rupiah

Aug 12, 2015 05:12 am UTC| Technicals

USD/IDR surges above 13800 as traders cited Bank of Indonesia in the markets to support Rupiah IB pinned the rupiahs fall directly on the yuan devaluation and said it would step into the markets to guard against...

FxWirePro: USD/JPY hits new two-month highs at 125.27 on fresh CNY weakness

Aug 12, 2015 04:20 am UTC| Technicals

Another round of yuan devaluation by PBOC was seen early today, an attempt to support the export sector and aid the overall economic growth Greenback remains supported from risk-off flows following PBOC devaluation,...

FxWirePro: GBP/USD approaching support level at 1.5553, bullish in the short term

Aug 11, 2015 14:21 pm UTC| Technicals

The cable has retreated from daily highs at 1.5618 and is trading at 1.5584 levels. The pair is trying to test support level at 1.5553. Unless and until this pair trades above 1.5540 levels, trend of this pair remains...

FxWirePro: USD/CHF approaching support level at 0.9784, buy deals are recommended above 0.9785

Aug 11, 2015 13:28 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9784 (61.8% Retracement level), the support level 0.9785 is set hold the bears and push pair further up. The pair is currently trading around 0.9805 levels. It is expected...

EUR/GBP faces strong resistance around 0.7100, break above targets 0.7220

Aug 11, 2015 12:31 pm UTC| Technicals

RES 1 : 0.7225 (Jul 10th high) RES 2: 0.7159 (Jul 27th high) RES 3 :0.7100 (31st Jul high) RES 4: 0.7065 (200 day 4 HMA) PRICE: 0.7093@ 12:25 GMT SUP 1: 0.7052 (20 day 4 H EMA) SUP 2: 0.7025...

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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

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

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

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Politics

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

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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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....
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