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FxWirePro: USD/ZAR fails to break key resistance at 12.70 mark, short term trend reversal likely

May 02, 2018 06:36 am UTC| Technicals

USD/ZAR is currently trading around 12.58 levels. It made intraday high at 12.68 and low at 12.57 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 12.70 mark. A...

FxWirePro: NZD/USD breaks channel support, on verge of extending triple top formation as bears hit 4M lows – Trade tunnel spreads and short hedge

May 02, 2018 06:24 am UTC| Technicals

As you could refer daily plotting of NZDUSD, the bears extend again in the minor trend especially after the breaching strong support below the channel baseline and tumbled towards 4-months lows. The failure swings at...

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

May 02, 2018 06:06 am UTC| Technicals

USD/INR is currently trading around 66.75 marks. It made intraday high at 66.82 and low at 66.67 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 66.82, 66.98, 67.20 and 67.48...

FxWirePro: NZD/USD breaks below 61.8% Fib, good to go short on rallies

May 02, 2018 05:59 am UTC| Technicals

NZD/USD breaks below 61.8% Fib at 0.7031, momentum bearish, bias lower. The major has edged higher from 19-week lows at 0.6990 and is currently trading at 0.7008 levels. Minor recovery attempts capped below 61.8%...

FxWirePro: Nikkei Daily Outlook

May 02, 2018 05:48 am UTC| Technicals

Nikkei is consolidating in narrow range after hitting high of 22636 on account of holiday in Japan. US markets pared early losses and gained almost 1.29% from the low and closed at Dow jones 24099 (0.27% lower) and SP500...

FxWirePro: Taiwanese dollar falls noticeably against U.S. dollar, lowest levels since February 2018

May 02, 2018 04:56 am UTC| Technicals

USD/TWD is currently trading around 29.80 marks. It made intraday high at 29.81 and low at 29.67 marks. Intraday bias remains bullish till the time pair holds key support at 29.64 marks. A daily close above...

FxWirePro: AUD/USD finds major trendline support at 0.7475, good to go short on break below

May 02, 2018 04:45 am UTC| Technicals

AUD/USD has taken support at major trendline at 0.7475, we see weakness only on break below. The pair has edged higher from session lows at 0.7475 and is currently trading at 0.7504, up 0.19% on the day. Aussie...

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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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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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