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FxWirePro: NZD/CAD hovers around 110-EMA, good to go short on break below

Jan 21, 2019 10:16 am UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD edges higher from fresh weekly lows at 0.8908, bias remains bearish. The pair hovers around 110-EMA, close below will see further weakness. Upside...

FxWirePro: Gold Intraday Trade Idea

Jan 21, 2019 10:00 am UTC| Technicals

Major support- $1286 (20- day MA) Gold has shown a channel break down after a long consolidation. The yellow metal was trading in narrow range after hitting high of $1298.60. It has declined more than $15 and hits...

FxWirePro: AUD/NZD eyes 110-EMA at 1.0690, break above to accentuate upside

Jan 21, 2019 09:32 am UTC| Technicals

AUD/NZD chart on Trading View used for analysis AUD/NZD retraces fom session highs at 1.0670, bias higher. The pair trades with a bullish bias, Stochs and RSI are sharply higher. MACD supports upside, we...

FxWirePro: EUR/CHF holds 5-DMA support at 1.1303, on track to test 110-EMA at 1.1359

Jan 21, 2019 08:37 am UTC| Technicals

EUR/CHF chart on Trading View used for analysis EUR/CHF resumes upside after brief pause on Fridays trade, up 0.16% at 0815 GMT. The pair is holding support at 5-DMA and is on track to test 110-EMA at...

FxWirePro: DAX30 trades higher on US trade progress, jump till 11590 likely

Jan 21, 2019 07:58 am UTC| Technicals

DAX30 has jumped sharply on Friday following footsteps of US markets.US markets closed higher for 4thconsecutive weeks on US-China trade hopes and jumped nearly more than 14% from low made on Dec 26th2018. DAX formed a...

FxWirePro: GBP/JPY upside capped by 55-day EMA on Brexit uncertainty, good to sell on rallies

Jan 21, 2019 07:55 am UTC| Technicals

GBP/JPY has halted its bullish trend after more than 1000 pips jump from low of 130.69.The jump was mainly due to strength in GBP after Brexit vote and hopes of delay in Brexit. GBP was trading higher against all majors...

FxWirePro: Gold trades lower on easing trade tensions, good to buy on dips

Jan 21, 2019 06:37 am UTC| Technicals

Gold has decline more than $15 after long consolidation on account of easing US-China trade tension. It is currently trading around $1282. The major three factors that drive gold prices US dollar Index: strong.DXYis...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

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...

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Gold and silver prices edged lower in Asian trading on Tuesday as investors booked profits after a strong rally, while global markets turned cautious ahead of critical U.S. economic data. The pullback comes after precious...

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

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Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

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Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

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Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

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Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

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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

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

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

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

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

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

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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