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FxWirePro: GBP/JPY showed gap down opening, good to sell on rallies

Oct 15, 2018 07:36 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen - 148.35 Kijun-Sen - 146.16 GBPJPY has shown a gap down opening after long week of consolidation. The pair has formed temporary top around 149.50 and started...

FxWirePro: EUR/JPY Bears to Retest 38.2% Fibonacci Retracement – Trade Tunnel Spread and Short Hedge

Oct 15, 2018 07:01 am UTC| Technicals

EURJPYhas shown considerable price slumps upon below mentioned chart patterns, for now, the trend seems to be little weaker. Technical chart and candlestick patterns formed The stern shooting star patterns have occurred...

FxWirePro: USD/CNY trades flat at 6.92 mark, PBOC sets yuan mid-point at 6.9154

Oct 15, 2018 06:57 am UTC| Technicals

USD/CNY is currently trading around 6.9214 marks. It made intraday high at 6.9250 and low at 6.9157 levels. Intraday bias remains bullish for the moment. A sustained close above 6.9180 marks will test key...

FxWirePro: USD/JPY trades below 112 handle, dip till 38.2% Fib at 110.76 likely

Oct 15, 2018 06:53 am UTC| Technicals

USD/JPY chart on Trading View used for analysis USD/JPY opened the weeks trade with a bearish gap, bias lower. The pair has slipped below 112 handle and is trading 0.26% lower on the day. Upside remains...

FxWirePro: AUD/USD bounces off strong trendline support, holds above 5-DMA

Oct 15, 2018 06:19 am UTC| Technicals

AUD/USD chart on Trading View used for analysis AUD/USD has bounced off strong trendline support, bias higher. The pair is holding above 0.71 handle and finds strong support at 5-DMA. Majot trend in the...

FxWirePro: Gold trades slightly higher as Saudi geopolitical tensions escalates on Khashoggi disappearance, good to buy on dips

Oct 15, 2018 06:13 am UTC| Technicals

Major resistance- $1217(89- day EMA) The major three factors that drive gold prices US dollar Index: Slightly bullish.DXYhas recovered slightly after hitting low of 94.95.The near term trend reversal level is around...

FxWirePro: AUD/CAD finds major resistance at 20-DMA, further upside only on break above

Oct 15, 2018 05:57 am UTC| Technicals

AUD/CAD chart on Trading View used for analysis AUD/CAD trades rangebound on the day, ongoing US-China trade spat to keep pressure on the Aussie. The pair finds stiff resistance at 20-DMA and a decisive break...

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Economy

​South Korea Warns Weak Won Could Push Inflation Higher in 2025

South Koreas central bank has warned that inflation next year could exceed earlier projections if the Korean won remains weak against the U.S. dollar, raising concerns about price stability and currency market pressures....

Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism

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Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

Most Asian currencies edged lower on Wednesday as investors weighed the U.S. Federal Reserves future interest rate path following mixed signals from the latest U.S. labor market data. At the same time, the Indian rupee...

Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty

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Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

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Politics

NSW to Recall Parliament for Urgent Gun and Protest Law Reforms After Bondi Beach Shooting

The Australian state of New South Wales will recall parliament next week to pass sweeping reforms to gun ownership and protest laws following the countrys deadliest mass shooting in more than 30 years. The move comes just...

Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure

Pakistans most powerful military leader in decades, Field Marshal Asim Munir, is facing a critical test of his expanded authority as the United States presses Islamabad to contribute troops to a proposed Gaza stabilisation...

Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador

President Donald Trump announced on Tuesday that he intends to nominate Troy Edgar as the next United States ambassador to El Salvador, highlighting the administrations continued focus on strengthening diplomatic and...

Lukashenko Urges Swift Ukraine Peace Deal, Backs Trump’s Push for Rapid Resolution

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Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

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

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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

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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

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

A European privacy advocacy group has filed fresh complaints against TikTok, Grindr, and AppsFlyer, accusing the companies of violating European Union privacy laws by unlawfully tracking and sharing sensitive user data...

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

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...
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