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FxWirePro:GBP/NZD consolidates above 1.9750 after early fall, maintains bullish bias

Aug 07, 2020 19:30 pm UTC| Technicals

GBP/NZD rose higher on Friday as solid demand on recent dips toward low 1.9634 helped inflate the pair towards 1.9788. GBP /NZD bulls have to contend with strong resistance at 1.9866 (23.6%fib). If GBP /NZD longs...

FxWirePro: EUR/NZD rebounds, critical resistance lies ahead

Aug 07, 2020 18:45 pm UTC| Technicals

EUR/NZD rallied on Friday as the pair ticked up on the back of the non-farm payroll data. EUR/NZD recovered from early New York lows after finding buyers at 9-day moving average for a second day. EUR/NZD bulls ...

FxWirePro: Major pair levels and bias summary

Aug 07, 2020 18:01 pm UTC| Technicals

Major pair levels and bias...

FxWirePro: EURUSD recovers slightly higher despite strong U.S jobs data, good to buy on dips

Aug 07, 2020 12:55 pm UTC| Technicals

Ichimoku Analysis (4-Hour chart) Tenken-Sen- 1.18971 Kijun-Sen- 1.18060 EURUSD has declined till 1.18025 after the release of US Non-Farm Payroll. The US economy has added 1763K jobs in Jul compared to...

FxWirePro: USD/SEK retreats from 2-year trough, outlook turns bullish

Aug 07, 2020 11:19 am UTC| Technicals

The Swedish Krona plunged, retreating from a 2-year peak hit in the prior session as the greenback surged against a basket of currencies. The dollar index rebounded after President Donald Trump took steps to ban...

FxWirePro: AUD/NZD Near-Term Outlook

Aug 07, 2020 11:12 am UTC| Technicals

AUD/NZD chart - Trading View AUD/NZD has ignored a Doji formation in the previous session and is extending upside. The pair was trading 0.19% higher on the day at 1.0839 at around 11:00 GMT, bias bullish. The pair...

FxWirePro: Copper dips below 21-EMA, further weakness on charts

Aug 07, 2020 10:56 am UTC| Technicals

Copper chart - Trading View Copper slumped nearly 1.50% on the day to hit session lows at 2.8628 before paring some losses to trade at 2.8724 at around 10:45 GMT. Price action has dipped below strong support at...

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Economy

Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

Gold prices edged higher during Asian trading on Monday, with silver also posting strong gains, as precious metal markets attempted to stabilize after a week marked by sharp volatility. The rebound comes amid lingering...

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Politics

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Trump Congratulates Japan’s First Female Prime Minister Sanae Takaichi After Historic Election Victory

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

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

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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

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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...
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