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FxWirePro: AUD/USD finds strong support at 0.7155, focus on US NFP data for further impetus

Sep 07, 2018 12:07 pm UTC| Technicals

AUD/USD chart on Trading View used for analysis AUD/USD extends weakness as Aussie dented by broad-based risk-aversion. Technically, the major remains on a major downtrend. Trades in a falling Wedge...

FxWirePro: DXY Trade Idea

Sep 07, 2018 11:48 am UTC| Technicals

Pattern formed: Head and Shoulder Ichimoku (Daily Chart) Tenken-Sen- 95.25 Kijun-Sen -95.14 Trend reversal Level- 94.85 DXY is trading weak for two consecutive days. The pair lost more...

BTC/USD bearish history repeats at 21-EMAs, FxWirePro’s red flag for early bulls worth over $1k

Sep 07, 2018 11:28 am UTC| Technicals Insights & Views Digital Currency

Although bitcoin bulls spiked to the highs of $7,429 levels in the recent past, we had raised cause of concerns owing to the struggling for the convincing bullish momentum on the formations of shooting star and hanging man...

FxWirePro: GBP/CHF struggles at 1.2455 support, Doji at lows along with bullish divergence raises scope for pullback

Sep 07, 2018 11:22 am UTC| Technicals

GBP/CHF chart on Trading View used for analysis Pound steadies on revived Brexit hopes, GBP/CHF edges off lows at 1.2470 to trade 0.75% higher on the day at 1.2568. Long-term trend in the pair remains bearish,...

FxWirePro: WTI finds strong support at 110-EMA, weakness only on break below

Sep 07, 2018 10:19 am UTC| Technicals

WTI crude is trading in an extremely narrow range on the day. The pair made a session high at 68.06 and a low of 67.68. Escalating trade tensions between U.S.-China negate falling US stockpiles-led...

FxWirePro: CHF/JPY downside capped by 23.6% fib, jump till 116 likely

Sep 07, 2018 10:14 am UTC| Technicals

Overall trend : Bullish Ichimoku Analysis (8 H chart) Tenken-sen- 114.63 Kijun-Sen- 114.48 Trend reversal level (intra day)- 115.30 CHF/JPY has taken support near 34-8 H EMA and jumped 50...

FxWirePro: DXY forms head and shoulder pattern, break below 94.85 confirms further weakness

Sep 07, 2018 09:20 am UTC| Technicals

Pattern formed: Head and Shoulder Ichimoku (Daily Chart) Tenken-Sen- 95.25 Kijun-Sen -95.14 Trend reversal Level- 94.85 DXY is trading weak for two consecutive days. The pair lost more...

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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...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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

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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

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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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