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EUR/CHF overbought dailies ease

Feb 23, 2015 09:11 am UTC| Technicals

The 61.8% of Jan 15 wide at 1.0669 more or less supported the pullback 1.0665 was the low Friday Pair returns to mid-upper 1.0700s Remains safely below last weeks 1.0811 highs Daily charts peaked in ...

USD/JPY sees large amount of supply around 119.30

Feb 23, 2015 08:44 am UTC| Technicals

Pairs entire trading since Asia contained by 118.84-119.37 pivots Mondays range has been 118.88-119.29 Solid resistance ahead of 119.30 today Hourly highs have been set at 119.27 119.29 so...

EUR/GBP comes back south after fleeting euro-phoria

Feb 23, 2015 08:42 am UTC| Technicals

EUR pressured since Europe open, crossfalls to 0.7368 Pre-weekend high was 0.74295on Greek/euro zone deal Asia range was 0.73895-0.74045 EUR/GBP bids likely around 0.7340 (Fridays 7year low, before...

GBP/USD looks at 1.54 resistance

Feb 23, 2015 08:40 am UTC| Technicals

Cable meets headwind pre-1.54 after strengthening from 1.5375 (early Europe low) Stops below 1.54 were tripped on Friday, on the way to 1.5343 1.5430 = pre-weekend rally high from 1.5343. Asia range:...

USD/SGD moves higher

Feb 23, 2015 08:38 am UTC| Technicals

USD/SGD seen moving higher into European dealings Lower EUR, Finmin comments lifted pair above 1.3610 Finmin sees inflation close to 0% in 2015 USD/SGD last 1.3614-19, traded 1.3615 high last Break...

EUR/JPY remain short despite challenges

Feb 23, 2015 08:37 am UTC| Technicals

Long tail on Fris candlestick line an obstacle for bears Failure to perform a daily close sub 134.20 - 38.2% 130.16-136.70 weighs 133.43 - 50% 130.16-136.70 Market needs daily close 134.20 to fade the...

EUR/GBP shorts target long-term fibo at 0.7256

Feb 23, 2015 06:53 am UTC| Technicals

Crosss bounce was short lived on Friday Prices have eased back below 0.7400 7 year lows at 0.7340 from Friday ready to return under pressure Continue to target the long-term 61.8% fibo by 0.7256 (of...

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Economy

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Asian Markets Slide as Nvidia Earnings, U.S.-Iran Tensions and AI Valuations Weigh on Investor Sentiment

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Politics

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Australian PM Calls Alleged Western Australia Terror Plot “Deeply Shocking” After Arrest

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Trump Floats “Friendly Takeover” of Cuba as Rubio Reportedly Engages in Talks

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Argentina Senate Approves Bill to Lower Age of Criminal Responsibility to 14

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Pentagon to Halt Ivy League Programs for U.S. Military Officers Starting 2026

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Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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

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Technology

Trump Orders Federal Agencies to Halt Use of Anthropic AI Technology

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Federal Judge Blocks Virginia Social Media Age Verification Law Over First Amendment Concerns

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Nintendo Share Sale: MUFG and Bank of Kyoto to Sell Stakes in Strategic Unwinding

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Hyundai Motor Group to Invest $6.26 Billion in AI Data Center, Robotics and Renewable Energy Projects in South Korea

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Anthropic Refuses Pentagon Request to Remove AI Safeguards Amid Defense Contract Dispute

Anthropic CEO Dario Amodei said the company will not comply with a Pentagon request to remove critical AI safeguards, despite reported threats that the Department of Defense (DoD) could cut ties and block the firm from its...
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