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FxWirePro: More USD/CHF downward traction on cards in major trend after breaching of wedge baseline and bearish DMA crossover

Aug 28, 2017 10:51 am UTC| Technicals

USDCHF rejects at major resistances of 0.9770 and 0.97 levels. Ever since it has dropped at this resistance level you see consistent price drops. Last Friday, you could figure out a bearish candle with big real body...

FxWirePro: GBP/AUD bounces off 5-DMA support, 20-DMA at 1.6373 in sight

Aug 28, 2017 10:50 am UTC| Technicals

GBP/AUD extends upside after gap-up open, eyes 20-DMA at 1.6373. Overall bias is lower. The pair is trading in a slopping channel. Finds stiff resistance at 4H cloud. Break above 4H cloud targets 20-DMA at...

FxWirePro: Weekly 200-SMA caps upside in AUD/USD, good to go long on break above

Aug 28, 2017 10:11 am UTC| Technicals

AUD/USD spikes higher on a broadly weaker US dollar, breaks major resistance at 0.7925. The greenback weakened after Feds Chair didnt mention the economy, neither signals about the path of monetary policy. The...

FxWirePro: NZD/USD rejected at highs, slips below 5-DMA, intraday bias bearish.

Aug 28, 2017 08:28 am UTC| Technicals

NZD/USD fails to hold break above 5-DMA, slips lower from session highs at 0.7255 to currently trade at 0.7231. Technical studies are heavily bearish. We see scope for test of 100-DMA at 0.7174 on break below 0.72...

FxWirePro: NZD/USD attempts to breach crucial support, consolidation phase in major trend exhausted at 50% Fibos – Buzzing leveraged yields via tunnel spreads

Aug 28, 2017 07:48 am UTC| Technicals

On daily terms, NZDUSD rallies are restrained below 7DMAs. The prices attempt to breach below strong support at 0.72 levels. During August month, the price behaviour tumbles after the failure swings at 50% Fibonacci...

FxWirePro: USD/ZAR hovers around 13.00 mark, upside limited

Aug 28, 2017 07:30 am UTC| Technicals

USD/ZAR is currently trading around 13.04 levels. It made intraday high at 13.05 and low at 12.98 levels. Intraday bias remains neutral for the moment. A daily close above 13.01 will take the parity...

FxWirePro: Chinese yuan strengthens against U.S. dollar, hits strongest level since August 2016

Aug 28, 2017 06:52 am UTC| Technicals

USD/CNY is currently trading around 6.6382 marks. It made intraday high at 6.6497 and low at 6.6336 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.6673 mark. A sustained...

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Politics

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

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Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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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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