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FxWirePro: GBPJPY upside capped by 200-H MA, good to sell on rallies

Jul 22, 2019 10:45 am UTC| Technicals

Major resistance - 135 (200 H MA) Ichimoku Analysis (Hourly chart) Tenken-Sen - 134.75 Kijun-Sen - 134.75 GBPJPY has shown a minor dip after more than 100 pips jump from low of 133.85. The...

FxWirePro: Gold Daily Outlook

Jul 22, 2019 09:16 am UTC| Technicals

Gold has once declined after hitting a fresh 6-year high of $1452 as the chance of 50bpbs rate cut in Jul has diminished. According to the CME Fed watch tool, the probability of the 50bpbs rate cut has declined to 22.5%...

FxWirePro: Silver trades marginally higher against U.S. dollar, further sideways movement likely

Jul 22, 2019 09:04 am UTC| Technicals

XAG/USD is currently trading around $16.31 marks. It made intraday high at $16.41 and low at $16.15 levels. Intraday bias remains bullish till the time pair holds key support at $16.20 mark. A daily close...

FxWirePro: EUR/CAD breaches below channel support as bears shrug-off hammer – Trade double-touch put and directional hedges

Jul 22, 2019 08:13 am UTC| Technicals

EURCADhammer patterns have occurred at 1.4685 and 1.4670 levels respectively and bears shrug-off these bullish patterns. The price slumps have extended steadily and decisively over the past two months or so, ever since...

Crypto Technicals: ETC/USD confirms 'Golden Cross' on hourly charts, eyes 21-EMA at 6.722

Jul 22, 2019 08:08 am UTC| Digital Currency Technicals

ETC/USD chart - Trading View Exchange - Coinbase Technical Analysis: Bias slightly bullish Support: 6.158 (5-DMA), 5.943 (200-DMA), 4.986 (Lower BB) Resistance: 6.723 (21-EMA)), 6.955 (38.2% Fib), 7.038...

FxWirePro: NZD/JPY capped at cloud top, good to go long on break above

Jul 22, 2019 06:34 am UTC| Technicals

NZD/JPY chart - Trading View NZD/JPY breaks above 110-EMA, trades 0.49% higher at 73.15 at 06:15 GMT. The pair has paused upside at cloud top (73.19). Break above will see resumption of gains. Technical studies...

FxWirePro: USD/ZAR hovers around key resistance at 14.02 mark, sustained close above targets 14.22 mark

Jul 22, 2019 06:29 am UTC| Technicals

USD/ZAR is currently trading around 13.96 levels. It made intraday high at 13.97 and low at 13.89 levels. Intraday bias remains bullish till the time pair holds key support at 13.83 marks. A daily close...

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Economy

Australian Pension Funds Boost Currency Hedging as Aussie Dollar Strengthens

A major Australian pension fund is ramping up its currency hedging strategy as expectations grow that the Australian dollar is undervalued and poised to strengthen further. HESTA, one of Australias largest superannuation...

Lee Seung-heon Signals Caution on Rate Hikes, Supports Higher Property Taxes to Cool Korea’s Housing Market

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Asian Currencies Stay Rangebound as Yen Firms on Intervention Talk

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Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data

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Politics

China Overturns Death Sentence of Canadian Robert Schellenberg, Signaling Thaw in Canada-China Relations

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Taiwan Says Moving 40% of Semiconductor Production to the U.S. Is Impossible

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Trump Slams Super Bowl Halftime Show Featuring Bad Bunny

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Bangladesh Election 2026: A Turning Point After Years of Political Suppression

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Ghislaine Maxwell to Invoke Fifth Amendment at House Oversight Committee Deposition

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Science

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

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

Samsung Electronics Shares Jump on HBM4 Mass Production Report

Samsung Electronics shares surged on Monday following reports that the South Korean tech giant is set to begin mass production of its next-generation HBM4 memory chips, a key component in artificial intelligence hardware....

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...
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