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FxWirePro: US dollar index forms double top around 103, good to sell on rallies

Mar 25, 2020 09:10 am UTC| Technicals

Chart pattern- Double top DXY has formed double top around 103 and declined nearly on 200 pips The sentiment gets boosted as US senate agreed with White house on a $2tn corona package. This has decreased demand for...

FxWirePro: Silver enjoys roller coaster movement, U.S. durable goods order data in focus

Mar 25, 2020 08:58 am UTC| Technicals

XAG/USD is currently trading around $14.35 marks. It made intraday high at $14.72 and low at $14.19 levels. Intraday bias remains neutral for the moment. A daily close above $14.30 will test key resistances...

FxWirePro: Buy GBPJPY on dips

Mar 25, 2020 08:54 am UTC| Technicals

Ichimoku Analysis (4-Hour chart) Tenken-Sen- 129.42 Kijun-Sen- 128.02 GBPJPY continues to trade higher after showing a dip to 127.42. The pair hit a high of 131.93 yesterday and is currently trading...

FxWirePro: South African rand rises gradually against U.S. dollar, downside limited

Mar 25, 2020 08:32 am UTC| Technicals

USD/ZAR is currently trading around 17.34 levels. It made intraday high at 17.60 and low at 17.28 levels. Intraday bias remains bearish till the time pair holds key resistance at 17.50 mark. A daily close...

FxWirePro: Indian rupee trades marginally lower against U.S. dollar, stay long only above 76.40 mark

Mar 25, 2020 06:42 am UTC| Technicals

USD/INR is currently trading around 76.33 marks. It made intraday high at 76.38 and low at 76.02 marks. Intraday bias remains bullish for the moment. Key resistances are seen at 76.40, 77.41, 77.78, 78.12,...

FxWirePro: Gold Daily Outlook

Mar 25, 2020 06:20 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken-Sen- $1575 Kijun-Sen- $1547 Gold has shown a massive jump of more than $80 yesterday on hopes of stimulus from the US government. US stocks surged more than 10% with...

FxWirePro: USD/CNY remains volatile in early Asian hours, sustained close below 7.0459 requires for downside rally

Mar 25, 2020 04:15 am UTC| Technicals

USD/CNY is currently trading around 7.0703 marks. It made intraday high at 7.0710and low at 7.0486 levels. Intraday bias remains bullish till the time pair holds key support at 7.0459 mark. A sustained close...

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Economy

Switzerland Population Cap Referendum Sparks Economic and Immigration Debate

Switzerland will vote on June 14, 2026, in a closely watched referendum that could cap the countrys population at 10 million people. The proposal, backed by the right-wing Swiss Peoples Party (SVP), has drawn comparisons...

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Politics

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Peru Presidential Election Too Close to Call as Ipsos Quick Count Shows Statistical Tie

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Trump Says Iran Sanctions and Frozen Assets Will Remain Until Peace Deal Is Reached

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Trump Urges Restraint as Israel-Iran Tensions Threaten Fragile Peace Talks

U.S. President Donald Trump has reportedly urged Israeli Prime Minister Benjamin Netanyahu not to launch a retaliatory strike against Iran following a new missile exchange that threatens ongoing efforts to secure a broader...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Technology

Naver Stock Jumps on NVIDIA Partnership to Build South Korea’s AI Infrastructure

Naver Corp. (KS:035420) shares surged on Monday after the South Korean technology giant announced a major artificial intelligence partnership with NVIDIA Corporation (NASDAQ: NVDA). The news fueled strong investor...

Nvidia Expands South Korea AI Partnerships to Strengthen Data Center and Memory Chip Supply

Nvidia has announced a series of strategic partnerships with leading South Korean technology companies as the AI chip giant seeks to strengthen its supply chain and accelerate the growth of its artificial intelligence...

Bouygues, Orange and Iliad Strike €20.35 Billion Deal to Acquire SFR

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US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

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Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...
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