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FxWirePro: Nothing changed in USD/JPY after bullish engulfing pattern but major trend remain edgy on bearish crossovers despite interim rallies

Apr 23, 2018 06:52 am UTC| Technicals

USDJPY major stiff resistance is observed at 107.856 levels. We spotted out USDJPYs bullish engulfing patterns in our recent posts, ever since then the prices have gone above 7 and 21DMAs, signaling more rallies in the...

FxWirePro: NZD/USD struggles to extend weakness below 0.72 handle, bias lower

Apr 23, 2018 06:33 am UTC| Technicals

NZD/USD is consolidating weakness after breach at Triangle base support. The pair is trading in a narrow range, hit session highs at 0.7218 and lows of 0.7198. Price is currently struggling to extend weakness...

FxWirePro: Gold trades slightly lower on rising US bond yield, good to sell on rallies

Apr 23, 2018 06:22 am UTC| Technicals

Gold declined almost more than $10 from yesterday high of $1346 on account of easing tensions in Middle East and Korea. The easing geo political tensions has reduced demand for safe haven assets like gold, yen and Swiss...

FxWirePro: Indian rupee falls past 66 per U.S. dollar for the first time since mid-March 2017, good to buy on dips

Apr 23, 2018 06:02 am UTC| Technicals

USD/INR is currently trading around 66.27 marks. It made intraday high at 66.29 and low at 66.16 marks. Intraday bias remains bullish till the time pair holds key support at 65.75 mark. Key resistances are...

FxWirePro: AUD/NZD capped at 50-DMA, breakout to see further upside

Apr 23, 2018 05:58 am UTC| Technicals

AUD/NZD is struggling to break above 50-DMA which is stiff resistance at 1.0664. The pair remains capped below 50-DMA for 3rd straight session, we see further upside only on break above. Technical indicators are...

FxWirePro: Nikkei trades lower on tech shares sell off in Wall-Street, good to buy on dips

Apr 23, 2018 05:42 am UTC| Technicals

Nikkei is trading slightly lower following footsteps of US markets. The index declined more than 1% from the recent high of 22351. US markets Dow jones and SP500 has closed marginally weaker around 0.80%. US futures...

FxWirePro: AUD/USD hovers around major trendline support at 0.7665, decisive break below to see further weakness

Apr 23, 2018 05:07 am UTC| Technicals

AUD/USD pauses downside at major trendline support at 0.7665, break below to see further weakness. The pair is extending weakness after rejection at 200-DMA resistance, breaks below 20-DMA. Technical indicators...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Science

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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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

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Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

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TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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