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FxWirePro: USD/CNY takes halt around 6.76 mark, stay bullish only above 6.7720 mark

Jul 23, 2018 06:43 am UTC| Technicals

USD/CNY is currently trading around 6.7628 marks. It made intraday high at 6.7708 and low at 6.7412 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 6.7720 mark. A...

FxWirePro: EUR/GBP bulls break out channel resistance, major trend edges up in range – Long hedge ahead of ECB’s monetary policy

Jul 23, 2018 06:25 am UTC| Technicals Research & Analysis Insights & Views Central Banks

EURGBP bulls seem to be on upper hand as the current prices are nudged above channel resistance and with momentum still in bull mode there is room to test the next resistance region between 0.8895 and 0.8925...

FxWirePro: AUD/JPY breaks below 50-DMA at 83.60, bias lower, stay short

Jul 23, 2018 06:14 am UTC| Technicals

AUD/JPY has broken below 50-DMA support, we see more weakness on cards. PBOCs massive yuan devaluation (largest since June 2016) to keep pressure on the antipodean. Technical indicators on daily charts have...

FxWirePro: AUD/JPY breaks below 50-DMA at 83.60, bias lower, stay short

Jul 23, 2018 06:14 am UTC| Technicals

AUD/JPY has broken below 50-DMA support, we see more weakness on cards. PBOCs massive yuan devaluation (largest since June 2016) to keep pressure on the antipodean. Technical indicators on daily charts have...

FxWirePro: Nikkei declines more than 500 points from the high on account strong yen and escalating trade war, good to buy on dips

Jul 23, 2018 06:01 am UTC| Technicals

Asian markets are trading lower on account of escalating trade war between US and China. US equities was trading lower after new threats to slap duties on all US imports from China and Trumps criticizing fed on rate hike....

FxWirePro: AUD/USD largely muted after bullish gap open, breakout at 50-DMA could see further upside

Jul 23, 2018 05:45 am UTC| Technicals

AUD/USD largely muted above 0.74 handle after bullish gap open in the Asian session today. Aussie is likely to be supported on bouncing commodity prices. Scope for further upside. The major finds strong trendline...

FxWirePro: USD/INR trades in narrow range, bias remains neutral

Jul 23, 2018 05:34 am UTC| Technicals

USD/INR is currently trading around 68.63 marks. It made intraday high at 68.66 and low at 68.56 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 68.80, 69.18, 69.52 and 69.88...

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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