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FxWirePro: BTC/EUR rejected at channel top, dip till 5080 likely

Jul 12, 2018 09:23 am UTC| Digital Currency Technicals

BTC/EUR trades 2.87% lower on the day, at 5308 at the time of writing. Price action rages in slopping channel pattern and upside has been rejected at channel top. The pair has broken below 21-EMA and 5-DMA...

Digital Currency Revolution

Purse.io reckons Bitcoin cash better than other altcoins for instant transactions – Lingering BCH/USD dips on flurry of bearish signals

Jul 12, 2018 09:11 am UTC| Technicals Research & Analysis Insights & Views Digital Currency Fintech

The price of BCHUSD pair is experiencing a major bearish trend. The minor trend of BCHUSD slides through falling wedge formation (refer daily chart). Shooting Star patterns pop up at stiff resistance (at 755.4 and...

FxWirePro: NZD/USD recovery lacks traction, eyes trendline support at 0.6655

Jul 12, 2018 08:41 am UTC| Technicals

NZD/USD is trading in a narrow range, consolidates previous sessions slump. Recovery attempts in the pair lack traction. Techs are biased lower. The major trend in the pair has been bearish and recovery was...

FxWirePro: NZD/USD recovery lacks traction, eyes trendline support at 0.6655

Jul 12, 2018 08:41 am UTC| Technicals

NZD/USD is trading in a narrow range, consolidates previous sessions slump. Recovery attempts in the pair lack traction. Techs are biased lower. The major trend in the pair has been bearish and recovery was...

FxWirePro: USD/ZAR hovers around 13.50 mark, sustained close above requires for upside rally

Jul 12, 2018 08:06 am UTC| Technicals

USD/ZAR is currently trading around 13.50 levels. It made intraday high at 13.57 and low at 13.47 levels. Intraday bias remains bullish till the time pair holds key support at 13.25 marks. A daily close...

FxWirePro: CAD/JPY trades higher on hawkish rate hike by BOC, good to buy on dips

Jul 12, 2018 07:48 am UTC| Technicals

CAD/JPY was trading higher continuously for past 11 trading days. The pair jumped nearly 300 pips from the low of 82.21.Bank of Canada (BOC) hiked rates higher by 25bpbs for fourth time since last summer amid trade...

Digital Currency Revolution

FxWirePro: BTC/USD breaches 4h cloud support, stay short

Jul 12, 2018 07:21 am UTC| Digital Currency Technicals

BTC/USD is trading lower on Thursday as it broke below 4h cloud support. It is currently trading at 6192 levels at the time of writing (Bitstamp). On the upside, the pair would face resistance at 6407 (4h 100-SMA) and a...

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Economy

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Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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