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FxWirePro: NZD/CAD finds strong support at 200-DMA (0.9062), break below required for further weakness

Apr 27, 2018 08:44 am UTC| Technicals

NZD/CAD finds strong support at 200-DMA 0.9062, break below will see further weakness. The pair has retraced brief dip below 200-DMA, extends sideways trade. Price capped below 0.91 handle, trades range-bound,...

FxWirePro: XAG/USD hovers around $16.50 mark, stay bullish only above $16.53 mark

Apr 27, 2018 07:56 am UTC| Technicals

XAG/USD is currently trading around $16.48 marks. It made intraday high at $16.53 and low at $16.46 levels. Intraday bias remains neutral till the time pair holds key support at $16.40 mark. A daily close...

FxWirePro: EUR/GBP likely to extend sloping channel after spinning top formation, major trend wedged in range – Trade low vols via DNTs

Apr 27, 2018 07:51 am UTC| Technicals

EURGBP has been sliding through sloping channel, swings oscillating between channels. Bulls bounce-back at strong channel supports, on the contrary, the pair forms spinning top at the stiff resistance of 0.8784...

FxWirePro: GBP/NZD finds stiff resistance at 200W SMA at 1.98, break above to propel the pair higher

Apr 27, 2018 07:40 am UTC| Technicals

GBP/NZD consolidates breakout at Triangle top, bias higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 69 levels with room to run further. Stochs are highly...

FxWirePro: USD/ZAR remains well supported above 12.30 mark, good to buy on dips

Apr 27, 2018 07:22 am UTC| Technicals

USD/ZAR is currently trading around 12.42 levels. It made intraday high at 12.43 and low at 12.36 levels. Intraday bias remains bullish till the time pair holds key support at 12.30 mark. A daily close...

FxWirePro: Gold trades weak as bond yield hits 4 year high, good to sell on rallies

Apr 27, 2018 07:01 am UTC| Technicals

Gold has shown a minor $10 declined from yesterdays high of $1326.45. The sharp jump in US dollar index yesterday after dovish ECB policy meeting was main reason behind yellow metal. US 10 year yield has shown a minor...

FxWirePro: BTC/EUR bearish engulfing hampers momentum, but hammer and dragonfly doji counters to spike off – Buy on bullish EMA crossovers

Apr 27, 2018 06:59 am UTC| Technicals Digital Currency

We had raised bearish indications and given short call accordingly on BTCEUR on 8th March anticipating the breach below double top neckline formation at 7583 levels, before we move on further with this write up, we urge...

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Economy

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India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

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China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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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...

Technology

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

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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