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FxWirePro: USD/ZAR remains well supported above 13.40 mark, faces strong resistance at 13.58 mark

Dec 07, 2017 07:12 am UTC| Technicals

USD/ZAR is currently trading around 13.55 levels. It made intraday high at 13.56 and low at 13.48 levels. Intraday bias remains bullish till the time pair holds key support at 13.40 mark. A daily close...

FxWirePro: AUD/NZD takes support at 100-DMA (1.0963), break below to see further weakness

Dec 07, 2017 06:52 am UTC| Technicals

AUD/NZD in the red for the third consecutive week, bias lower. The pair has taken support at 100-DMA at 1.0963, break below to see further weakness. Aussie remains under pressure as the series of weak data...

FxWirePro: USD/CHF trades higher on better than expected ADP jobs data, good to buy on dips

Dec 07, 2017 06:45 am UTC| Technicals

USD/CHF jumped more than 50 pips from the yesterday low of 0.98552 after positive U.S economic data. US ADP employment came at 190K in Nov compared to forecast of 186K and manufacturing sector added 40000 jobs highest in...

FxWirePro: AUD/USD continues bearish streaks after shooting stars, major trend back in action – Tunnel spreads to trade and short hedge

Dec 07, 2017 06:43 am UTC| Technicals Insights & Views

Shooting stars have occurred at 0.7602 and 0.7606 levels. Consequently, the prices have begun plummeting. For now, the current prices well below DMAs, bearish DMA crossover signals extension of dips, dont expect sharp...

FxWirePro: Chinese yuan trades flat against U.S. dollar, stay bearish only below 6.6120

Dec 07, 2017 06:23 am UTC| Technicals

USD/CNY is currently trading around 6.6144 marks. It made intraday high at 6.6191 and low at 6.6124 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6210 mark. A sustained...

FxWirePro: USD/INR trades in narrow range, good to sell on rallies

Dec 07, 2017 06:02 am UTC| Technicals

USD/INR is currently trading around 64.49 marks. It made intraday high at 64.53 and low at 64.45 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.75 mark. Key resistances...

FxWirePro: NZD/JPY capped below major trendline resistance at 77.50, upside only on break above

Dec 07, 2017 05:58 am UTC| Technicals

NZD/JPY breaks below 5-DMA after being rejected at major trendline resistance at 77.50. The pair is trading in a downward trend in a falling triangle pattern. Technical studies on daily charts are neutral, and...

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Economy

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Politics

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Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

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Technology

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

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$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

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Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...
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