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FxWirePro: EUR/KRW back above 1,280 mark, sustained close above targets 1,294 mark

Mar 14, 2019 01:15 am UTC| Technicals

EUR/KRW is currently trading around 1,280 mark. It made intraday high at 1,281 and low at 1,280 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,272 mark. A sustained...

FxWirePro: EUR/HUF hits 10-month lows at 314.446, eyes 200-W SMA

Mar 13, 2019 13:44 pm UTC| Technicals

EUR/HUF chart - Trading View EUR/HUF is extending weakness for the 5th straight week, bias still bearish. The pair has hit 10-month lows at 314.44 and we see no signs of exhaustion in the bears. Technical...

FxWirePro: EUR/JPY pauses at 2H 200-SMA, good to go long on break above

Mar 13, 2019 12:31 pm UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY has paused upside at 2H 200-SMA resistance at 125.87. The pair is extending gains for the 3rd straight session, spikes past 125 handle. The pair is currently trading at...

FxWirePro: Copper edges higher from session lows at 2.912, finds strong support at 20-DMA

Mar 13, 2019 12:10 pm UTC| Technicals

Copper chart - Trading View Copper has once again taken support at 20-DMA, weakness only on break below. Price action is consolidating break above 200-DMA and we see scope for further gains. Technical...

FxWirePro: EUR/USD upside momentum fades at 1.13 mark, focus on Eurozone industrial production for further impetus

Mar 13, 2019 09:45 am UTC| Technicals

EUR/USD chart - Trading View EUR/USD is trading at 1.1296 on the day, up 0.09% at 0925 GMT. Upside in the pair was capped at 1.13 handle on Tuesdays trade. The major is trading in a narrow range as markets...

FxWirePro: EUR/NZD holds strong trendline support, Doji formation raises scope for upside

Mar 13, 2019 09:03 am UTC| Technicals

EUR/NZD chart - Trading View EUR/NZD is trading at 1.6503 at 0826 GMT, up 0.33% at the time of writing. The pair has bounced off strong trendline support at 1.64 mark. Formation of Doji at lows raises scope...

FxWirePro: USD/ZAR moves in stiff boundaries, stay neutral

Mar 13, 2019 08:08 am UTC| Technicals

USD/ZAR is currently trading around 14.35 levels. It made intraday high at 14.39 and low at 14.29 levels. Intraday bias remains slightly bullish till the time pair holds key support at 14.22 mark. A daily...

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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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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

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

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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

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

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

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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

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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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