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

Jul 16, 2015 11:32 am UTC| Technicals

RES 4 : 0.7532 (Jul 6thhigh) RES 3: 0.7500 RES 2: 0.7470 (Jul 13th high) RES 1: 0.7420 ( 20 day 4 H EMA) PRICE: 0.73982 @ 10:58 GMT SUP 1: 0.7400 SUP 2: 0.7370 (Jul...

USD/JPY trades well above 124, intraday weakness only below 123.70

Jul 16, 2015 11:18 am UTC| Technicals

RES 4 : 125.85 (jun 5th high) RES 3:125 RES 2: 124.36 (Jun 24th high) RES 1 : 123.71 (2nd jul high) PRICE: 124.01 @ 11:06 GMT SUP 1 : 123.40 ( Kijun-Sen) SUP 1: 123.19 (20 day 6 HEMA) SUP 2...

FxWirePro: Broad based USD strength keeps EUR/USD pressured

Jul 16, 2015 05:02 am UTC| Technicals

Broad based US dollar strength kept EUR/USD pressured despite renewed optimism seen around Greece A vast majority of Greek parliamentarians decided early on Thursday to accept bailout terms. However, fresh cracks in the...

EURUSD cracks 50% Fibonacci retracement, eyes on ECB rate decision

Jul 16, 2015 05:02 am UTC| Technicals

The euro is trading little changed at $1.0931 against the US dollar on Thursday morning in Asia Federal Reserve Chair Janet Yellen signalled overnight that the Fed is still looking to raise interest rates this year ECB...

FxWirePro: USD/JPY approaching resistance level at 123.87, buy above 122.70

Jul 15, 2015 13:41 pm UTC| Technicals

USD/JPY approaching resistance level at 123.87, currently the pair is trading at 123.82. The pair is set to advance further towards 124.40 and later 124.70. Japanese Yen is weaker against US dollar, Dollar is all set to...

FxWirePro: USD/CAD approaching resistance at 1.2763, buy deals are recommended above 1.2720

Jul 15, 2015 12:45 pm UTC| Technicals

USD/CAD is approaching to test resistance level at 1.2763, the support level at 1.2722 is set to hold and push the pair further upside towards 1.2760 and 1.2780 level later. The currency is trading at 1.2771 level,...

FxWirePro: EUR/USD sell below 1.1060, bearish in the short term

Jul 15, 2015 12:43 pm UTC| Technicals

EUR /USD rebounded from 1.0982 levels to hit daily high at 1.1036. The pair has retreated back and is set to resume its bearish trend in the short term. The pair is currently trading around 1.1018 levels. It is...

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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....
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