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FxWirePro: BTC/EUR edges above 6000, eyes 20-DMA at 6473

Apr 03, 2018 10:42 am UTC| Technicals Digital Currency

BTC/EUR is extending upside after holding major trendline support at 5575 levels. Price action failed to close below strong support at 78.6% Fib at 5488. We see further weakness only on close below. The pair is...

FxWirePro: Spot out NZD/JPY’s sharp rallies on hammer formation, can bulls form triple bottom? Trade DNT’s and short hedges

Apr 03, 2018 10:35 am UTC| Technicals

NZDJPY bulls spike well above SMAs with healthy bullish momentum, uptrend likely to prolong only upon break-out sustenance above stiff resistance of 77.714 levels. Ever since the pair tests strong support at 76.176...

FxWirePro: EUR/GBP breaks below 5-DMA, eyes channel base at 0.8675, stay short

Apr 03, 2018 10:19 am UTC| Technicals

EUR/GBP extends weakness below 5-DMA, trades 0.09% lower on the day. Mixed releases of the Euro area final manufacturing PMI reports earlier today weighed down on the EUR. Technical studies are biased lower and...

FxWirePro: USD/CAD forms double top around 1.2940, good to sell on rallies

Apr 03, 2018 09:53 am UTC| Technicals

USD/CAD has declined once again yesterday after showing a minor jump above 1.29400. The pair hits high of 1.29434 yesterday. The minor dip was due to slight weaker than expected US ISM manufacturing data. US ISM...

FxWirePro: NZD/CHF struggles at 200-DMA at 0.6931, good to go long on break above

Apr 03, 2018 09:31 am UTC| Technicals

NZD/CHF capped at major resistance at 0.6931 (200-DMA), break above to see upside. Technical indicators are biased higher. RSI above 50 and biased higher. Stochs are showing bullish momentum and MACD is also...

FxWirePro: GBP/JPY downside capped by 200 –day MA, good to buy on dips

Apr 03, 2018 08:58 am UTC| Technicals

GBP/JPY has formed a minor bottom around 148.38 and shown a jump of more than 100 pips from that level. The minor recovery was due to slight jump in Pound against all majors. The yen shown a minor weakness as Asian markets...

FxWirePro: NZD/JPY hovers around 20-DMA 76.93, good to go long on break above

Apr 03, 2018 08:52 am UTC| Technicals

NZD/JPY trades 0.82% higher on the day, edges higher from session lows at 76.16. China has slapped extra tariffs of up to 25 percent on 128 US products. The resulting risk aversion in the US stocks pushed the...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

Politics

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

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

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

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

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

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

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

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

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

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

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

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

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

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

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

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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