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FxWirePro: US Oil forms Doji pattern in daily chart, good to sell on rallies

Jan 05, 2018 13:30 pm UTC| Technicals

Candle stick pattern formed Doji. USOIL jumped almost $2 in this week and is consolidating after hitting high of $62.18. Oil prices dipped till $61.27 at the time of writing. It is currently trading around...

FxWirePro: GBP/JPY Trade idea

Jan 05, 2018 12:46 pm UTC| Technicals

Major resistance 153 (trend line joining 151.97 and 152.81). GBP/JPY has broken major resistance 153 yesterday and jumped till 153.34. The pair formed a minor bottom around 151.50 and any major weakness only below...

FxWirePro: NZD/CHF Trade Idea

Jan 05, 2018 11:37 am UTC| Technicals

FxWirePros Hourly Currency Strength Index bias for NZD/CHF at 1130 GMT: Bullish FxWirePros Hourly NZD Spot Index: 113.911 (Bias Bullish) FxWirePros Hourly CHF Spot Index: -113.277 (Bias Bearish) Technical...

FxWirePro: EUR/NZD double bottom counters major downtrend and fortifies consolidation phase but bears in minor trend linger to breach channel support

Jan 05, 2018 11:29 am UTC| Technicals

Chart pattern formed- Rising channel (on daily plotting) and double bottom pattern with bottom 1 at 1.3881 and 1.4534 levels (on monthly plotting). The double bottom pattern helps in recognizing the higher probability...

FxWirePro: NZD/JPY breaks major trendline resistance at 80.60, 200W SMA at 81.72 next bull target

Jan 05, 2018 11:04 am UTC| Technicals

NZD/JPY extends bullish momentum into 7 consecutive week, hits fresh 2-month highs at 81.06. The pair has shown a decisive break at major trendline resistance at 80.60. Technical indicators are bullishly aligned...

FxWirePro: GBP/USD downside capped by 23.6% fibo, good to sell on rallies

Jan 05, 2018 10:03 am UTC| Technicals

Cable has shown a minor jump from the low of 1.34980 on Jan 3rd 2018. The pair jumped 90 pips ans shown a minor selling from the high. It is currently trading around 1.35230. Pound sterling was trading weak this week...

FxWirePro: AUD/JPY breaks above 61.8% Fib, on track to test 78.6% Fib at 89.03

Jan 05, 2018 09:54 am UTC| Technicals

AUD/JPY edges higher on the day, extends break above 61.8% Fib at 88.03. Yen under renewed selling pressure after the latest comments from the Japanese officials. The pair has shown break of Symmetric Triangle...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

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

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

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

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

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

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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