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FxWirePro: GBP/NZD extends 'Symmetric Triangle' breakout, eyes 200W SMA at 1.98

Mar 21, 2018 11:02 am UTC| Technicals

GBP/NZD is extending Symmetric Triangle breakout, trades 0.7% higher on the day. Pound boosted across the board following upbeat UK jobs report. Global Dairy Trade results came in as expected, failed to provide...

FxWirePro: GBPUSD trades higher on better than expected UK jobs data, good to buy on dips

Mar 21, 2018 10:03 am UTC| Technicals

Cable has shown a good recovery after release of UK jobs data. The pair jumped almost 50 pips and hits intraday high of 1.30760.US dollar pared some of its gains made yesterday and market eyes fed FOMC meeting tomorrow for...

FxWirePro: NZD/USD breaks below 200-DMA, hits fresh 5-month lows at 0.7161

Mar 21, 2018 10:03 am UTC| Technicals

NZD/USD has slipped below 200-DMA at 0.7183, intraday bias lower. Technical indicators support downside in the pair. RSI shows weakness below 50 levels and Stochs are biased lower. We see -ve DMI dominance and...

FxWirePro: USD/CAD trades slightly lower on strong crude oil price, good to sell on rallies

Mar 21, 2018 09:28 am UTC| Technicals

USDCAD has broken minor support 1.3050 and declined till 1.30100 at the time of writing. The pair has formed a temporary top around 1.31245 and dipped almost more than 100 pips from that level. The main reason for slight...

FxWirePro: GBP/AUD finds stiff resistance 1.8295, breakout could see further upside

Mar 21, 2018 09:23 am UTC| Technicals

GBP/AUD finds stiff resistance at 1.8295 (Wedge Top), breakout to propel the pair higher. Technical indicators are biased higher. RSI has edged above 70 levels and momentum studies are bullish. We see +ve DMI...

FxWirePro: Go long on XAG/USD around $16.25 with stop loss at $16.09 and target of $16.42

Mar 21, 2018 08:12 am UTC| Technicals

XAG/USD is currently trading around $16.26 marks. It made intraday high at $16.27 and low at $16.13 levels. Intraday bias remains slightly bullish till the time pair holds key support at $16.10 mark. A daily...

FxWirePro: USD/ZAR remains well supported below 12.00 mark, stay bearish only below 11.90 mark

Mar 21, 2018 07:33 am UTC| Technicals

USD/ZAR is currently trading around 11.93 levels. It made intraday high at 11.97 and low at 11.93 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 12.10 mark. A...

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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

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

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

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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

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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

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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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