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FxWirePro: USD/SGD fails to find support below 1.3700 mark, sustained close above targets 1.3780 mark

Sep 14, 2018 02:00 am UTC| Technicals

USD/SGD is currently trading around 1.3712 marks. It made intraday high at 1.3713 and low at 1.3699 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1.3690 marks. A...

FxWirePro: South Korean won remains unchanged despite lower than expected export – import price index data

Sep 14, 2018 01:21 am UTC| Technicals

EUR/KRW is currently trading around 1,307 mark. Pair made intraday high at 1,309 and low at 1,307 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,315 mark. A sustained...

FxWirePro: CHF/JPY Trade Idea

Sep 13, 2018 13:40 pm UTC| Technicals

Overall trend : Bullish Ichimoku Analysis (daily chart) Tenken-sen- 114.48 Kijun-Sen- 113 Trend reversal level (intra day)- 115.30 CHF/JPY has taken support near 20- day EMA and shown a good...

FxWirePro: GBP/USD holds above 1.3000 level, good to buy on dips

Sep 13, 2018 12:43 pm UTC| Technicals

GBPUSD has shown a good recovery of more than 100 pips from the low of 1.29795 made yesterday. Bank of England has kept its rate unchanged unanimously at 0.75% as widely expected. Asset purchase target unchanged at GBP...

FxWirePro: Gold bulls take-off above DMAs shrugging-off shooting star and hanging man, major trend still in consolidation phase

Sep 13, 2018 12:10 pm UTC| Technicals

Gold (XAUUSDprice) formed dragonfly doji at $1173.92 levels, ever since then bulls have been evidencing considerable upswings above 7 and 21-DMAs, while both price and technical indicators move in tandem (refer daily...

FxWirePro: CHF/JPY takes support near 20- day EMA, jump till 116 likely

Sep 13, 2018 09:22 am UTC| Technicals

Overall trend : Bullish Ichimoku Analysis (daily chart) Tenken-sen- 114.48 Kijun-Sen- 113 Trend reversal level (intra day)- 115.30 CHF/JPY has taken support near 20- day EMA and shown a good...

FxWirepro: USDCAD trades well below 100 day MA, dip till 1.2890 likely

Sep 13, 2018 09:08 am UTC| Technicals

Major resistance- 1.32335 (61.8% fib) USDCAD is trading weak for past five trading days on account optimistic trade talks between US and Canada. Canadian foreign minister Freeland planned to return to Washington for...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

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New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

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BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

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Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Science

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

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

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...

Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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