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FxWirePro: EUR/CHF bullish/bearish engulfing patterns signal both minor uptrend and major downtrend – Trade one-touch calls and directional hedge

Jan 29, 2019 11:01 am UTC| Technicals

Technical Glance:EURCHFforms bullish and bearish engulfing patterns on both dily and monthly plotting respectively. Bullish engulfing has occurred at 1.1328 level, that has taken rallies above 7-DMAs with bullish DMA...

FxWirePro: CAD/JPY Daily Outlook

Jan 29, 2019 10:27 am UTC| Technicals

CADJPY is trading higher for the day and jumped nearly 40 pips after taking support near 300-H EMA. The JPY was trading lower against all majors in European session after a sudden recovery in UK and Germany stock markets....

FxWirePro: EUR/JPY extends gains above 125 handle, stay long on close above 21-EMA

Jan 29, 2019 10:13 am UTC| Technicals

EUR/JPY chart on Trading View used for analysis EUR/JPY is extending gains above 125 handle, bias neutral. The pair is trading 0.22% higher on the day at 125.18 at 0955 GMT. Major trend in the pair is...

FxWirePro: GBP/NZD capped below 200-DMA, on track to test 110-EMA at 1.9119

Jan 29, 2019 09:37 am UTC| Technicals

GBP/NZD chart on Trading View used for analysis GBP/NZD trades 0.29% lower at 1.9205 at 0915 GMT, bias lower. The pair has failed to close above 200-DMA and recovery attempts are capped at 200-DMA which is...

FxWirePro: USD/CHF consolidates slightly above 200- day MA,political uncertainty weighs

Jan 29, 2019 09:28 am UTC| Technicals

USDCHF consolidates in narrow range after hitting low of 0.99052 level . Swiss franc was trading higher against all majors on account of political uncertainty . US-China trade war and Brexit vote is major factors which is...

FxWirePro: USD/ZAR touches key resistance at 13.70, short term trend reversal likely

Jan 29, 2019 08:07 am UTC| Technicals

USD/ZAR is currently trading around 13.70 levels. It made intraday high at 13.70 and low at 13.64 levels. Intraday bias remains slightly bullish till the time pair holds key support 13.58 mark. A daily...

FxWirePro: AUD/NZD hits 3-week lows at 1.0459, eyes 23.6% Fib at 1.0424, stay short

Jan 29, 2019 07:49 am UTC| Technicals

AUD/NZD chart on Trading View used for analysis AUD/NZD is extending weakness for the 2nd straight week, bias lower. The pair is trading at 1.0458 at 0700 GMT, down 0.30% at the time of writing. Price...

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Economy

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Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

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Politics

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Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

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Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

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Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

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SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

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iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

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Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...
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