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FxWirePro: USD/INR trades in narrow range, good to sell on rallies

Dec 19, 2017 05:55 am UTC| Technicals

USD/INR is currently trading around 64.09 marks. It made intraday high at 64.17 and low at 64.09 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.27 mark. Key resistances...

FxWirePro: USD/INR trades in narrow range, good to sell on rallies

Dec 19, 2017 05:55 am UTC| Technicals

USD/INR is currently trading around 64.09 marks. It made intraday high at 64.17 and low at 64.09 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.27 mark. Key resistances...

FxWirePro: AUD/CAD extends break above daily cloud, bias higher, stay long for 200-DMA

Dec 19, 2017 05:41 am UTC| Technicals

AUD/CAD is extending break above daily cloud, intraday bias higher. The pair has shown break above slopping channel top at 0.9835. Momentum studies on daily charts are bullish, RSI is strong at 67 levels and...

FxWirePro: USD/TWD consolidates around 30.00 mark, bias remains neutral

Dec 19, 2017 04:39 am UTC| Technicals

USD/TWD is currently trading around 29.98 marks. It made intraday high at 30.02 and low at 29.93 marks. Intraday bias remains neutral for the movement. A daily close above 30.10 will drag the parity up...

FxWirePro: USD/JPY finds strong support at 20-DMA (112.32), weakness only on break below

Dec 19, 2017 04:29 am UTC| Technicals

USD/JPY is trading in a narrow range, up 0.08% on the day, bias neutral. Focus remains on the Bank of Japan which will wrap up the year with a meeting on December 21. Analysts expect BoJ to hold current policy...

FxWirePro: USD/SGD remains well supported below 1.3500 mark, stay bearish only below 1.3472 mark

Dec 19, 2017 03:48 am UTC| Technicals

USD/SGD is currently trading around 1.3478 marks. It made intraday high at 1.3484 and low at 1.3472 levels. Intraday bias remains neutral till the time pair holds immediate support at 1.3472 mark . A daily...

FxWirePro: USD/CNY trades in rigid boundaries, PBOC sets yuan mid-point at 6.6068

Dec 19, 2017 02:44 am UTC| Technicals

USD/CNY is currently trading around 6.6153 marks. It made intraday high at 6.6172 and low at 6.6144 levels. Intraday bias remains neutral for the moment. A sustained close above 6.6149 marks will test key...

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Economy

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Politics

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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

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Technology

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

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

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

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

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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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