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FxWirePro: BTC/EUR breaks stiff resistance at 6650, on track to test 200-DMA at 7185

Jul 24, 2018 07:47 am UTC| Digital Currency Technicals

BTC/EUR breaks major trendline resistance at 6650, bias remains higher. Momentum studies are bullish. Stochs and RSI sharply higher. MACD supports trend higher and has edged above zero levels and we see +ve DMI...

Digital Currency Revolution

FxWirePro: BTC/USD reclaims 8000 handle, stay long

Jul 24, 2018 07:28 am UTC| Digital Currency Technicals

BTC/USD is continuing its uptrend on Tuesday as it broke above Ichimoku cloud. It has hit a high of 8029 levels so far in the day and is currently hovering around 8000 levels at press time (Bitstamp). On the upside, a...

FxWirePro: Gold Daily Outlook

Jul 24, 2018 07:06 am UTC| Technicals

Overall trend - bearish Gold has shown a decline of more than $15 from the high of $1234.95 on account of slight bullishness in US dollar index. It hits low of $1218 and is currently trading around $1219. The...

FxWirePro: USD/ZAR hovers around key resistance at 13.52 mark, sustained close above targets 13.94 mark

Jul 24, 2018 06:57 am UTC| Technicals

USD/ZAR is currently trading around 13.49 levels. It made intraday high at 13.52 and low at 13.43 levels. Intraday bias remains bullish till the time pair holds key support at 13.37 marks. A daily close...

FxWirePro: USD/ZAR hovers around key resistance at 13.52 mark, sustained close above targets 13.94 mark

Jul 24, 2018 06:57 am UTC| Technicals

USD/ZAR is currently trading around 13.49 levels. It made intraday high at 13.52 and low at 13.43 levels. Intraday bias remains bullish till the time pair holds key support at 13.37 marks. A daily close...

FxWirePro: EUR/JPY slips below 23.6% Fib, eyes 50-DMA at 129.17, stay short

Jul 24, 2018 06:31 am UTC| Technicals

EUR/JPY extends weakness below 23.6% Fib, intraday bias bearish. The major is extending declines for the 5th straight session after rejection at 200-DMA in last weeks trade. A shooting star formation at highs...

FxWirePro: Chinese yaun weakens past 6.82 mark, PBOC sets yuan mid-point at 6.7891

Jul 24, 2018 06:22 am UTC| Technicals

USD/CNY is currently trading around 6.8224 marks. It made intraday high at 6.8245 and low at 6.8074 levels. Intraday bias remains bullish till the time pair holds key support at 6.7658 mark. A sustained...

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Economy

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

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Japan Plans $189 Billion Bond Issuance as Record Budget Signals Expansionary Fiscal Policy

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BOJ Minutes Reveal Growing Debate Over Interest Rate Hikes and Inflation Risks

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Gold Price Breaks $4,500 as Safe-Haven Demand and Rate Cut Bets Fuel Rally

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Politics

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

Global Backlash Grows Over Israel’s Approval of New West Bank Settlements

Several countries, including Britain, Canada, Germany, and a number of European and Asian nations, have strongly condemned Israels recent decision to approve 19 new settlements in the occupied West Bank, warning that the...

Israel Advances Controversial Inquiry Bill Into October 7 Hamas Attack Amid Public Backlash

Israels parliament has given initial approval to a controversial bill that would allow the government to control an inquiry into the October 7, 2023 Hamas attack, a move that has intensified political tensions and drawn...

Anutin Charnvirakul Named Bhumjaithai PM Candidate Ahead of Thailand’s February Election

Thailands caretaker prime minister Anutin Charnvirakul has been officially selected by the Bhumjaithai Party as its candidate for prime minister in the upcoming general election scheduled for February 8. The decision comes...

Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...
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