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FxWirePro: CAD/JPY tumbles after shooting star breaches wedge support, no traces of bounce back in both minor and intermediate trend - Trade tunnel spread and short hedge

Mar 16, 2018 06:42 am UTC| Technicals

Before we begin with this write-up, please glance through the below weblinks where weve raised the red-flags about early signs of CADJPYs...

FxWirePro: Chinese yuan trades flat against U.S. dollar, PBOC sets yuan mid-point at 6.3340 per U.S. dollar

Mar 16, 2018 06:34 am UTC| Technicals

USD/CNY is currently trading around 6.3246 marks. It made intraday high at 6.3326 and low at 6.3211 levels. Intraday bias remains neutral for the moment. A sustained close above 6.3201 marks will test key...

FxWirePro: NZD/JPY slips below 77 handle, eyes major trendline support at 76, stay short

Mar 16, 2018 06:33 am UTC| Technicals

NZD/JPY grinds lower after rejection at 55-EMA on Tuesdays trade. The pair is extending weakness for 3rd straight session, trade 0.75% lower on the day. The Kiwi has been struggling to get support on the back of...

FxWirePro: AUD/JPY extends weakness below 20-DMA, eyes double bottom at 81.48

Mar 16, 2018 06:13 am UTC| Technicals

AUD/JPY fails to hold break above 20-DMA, extends weakness after multiple doji formations. Price is extending weakness, trades 0.43% lower on the day, bias bearish. Demand for safe-haven Japanese yen rises on...

FxWirePro: Indian rupee trades marginally higher against U.S. dollar, bias remains slightly bearish

Mar 16, 2018 05:42 am UTC| Technicals

USD/INR is currently trading around 64.88 marks. It made intraday high at 65.01 and low at 64.87 marks. Intraday bias remains bearish till the time pair holds key resistance at 65.02 mark. Key resistances...

FxWirePro: USD/JPY recovery capped at 5-DMA, slips below 106 handle, turmoil in Washington pushing yen higher

Mar 16, 2018 05:31 am UTC| Technicals

USD/JPY recovered from session lows at 105.78 on upbeat economic data from the US. Jobless Claims and Import Prices were positive and the Empire Manufacturing data was also better than expected. The pair closed...

FxWirePro: DAX30 trades higher, market eyes Eurozone CPI

Mar 16, 2018 05:23 am UTC| Technicals

DAX index was trading slightly higher yesterday and closed at 12345 0.88% higher. US markets was trading mixed with Dow jones showing a minor jump and closed at 24873 (0.47% lower) and SP500 was trading flat at 2747 (0.08%...

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Science

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Technology

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

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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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