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FxWirePro: EUR/USD shows bullish break out above 1.1300, jump till 1.1430 likely

Jun 28, 2017 10:33 am UTC| Technicals

EUR/USD has broken major resistance of 1.1300 after two weeks consolidation. The pair jumped sharply till 1.13866 at the time of writing on account of positive comments for ECB President Draghi on Eurozone economy and...

FxWirePro: NZD/JPY holds above 5-DMA at 81.29, weakness likely on break below

Jun 28, 2017 09:24 am UTC| Technicals

NZD/JPY hits fresh 4-month highs at 81.90, but has since pared some gains to currently trade at 81.44 levels. The pair is currently holding support at 5-DMA at 81.29, we see minor weakness on break...

fXWirePro: USD/CAD trades below major support at 1.3160, dip till 1.2968 likely

Jun 28, 2017 09:14 am UTC| Technicals

USD/CAD has broken temporary support of 1.31650 low made on Jun 14th 2017 after 8 days of consolidation. The pair declined till 1.31286 and is currently 1.31464 . Canadian dollar hits four month high against U.S dollar...

FxWirePro: Silver turns higher, intraday bias remains bullish

Jun 28, 2017 07:54 am UTC| Technicals

XAG/USD is currently trading around $16.75 marks. It made intraday high at $16.81 and low at $16.61 levels. Intraday bias remains bullish for the moment. A daily close above $16.64 will test key resistances...

FxWirePro: AUD/JPY breaks major trendline resistance at 85, good to go long on dips

Jun 28, 2017 07:24 am UTC| Technicals

AUD/JPY has broken major trendline resistance at 85 levels and has hit new 3-month highs at 85.48. Technical indicators in the pair are bullish and MACD supports trend higher. Price action also nicely converging with...

FxWirePro: USD/CHF breaks major support at 0.9613, dip till 0.9445 likely

Jun 28, 2017 06:49 am UTC| Technicals

USD/CHF has broken major support of 0.9613 after a long consolidation for past 20 days. Break of 0.9613 support confirms resumption of fall from 1.0343.The pair declined till 0.95920 and is currently trading around...

FxWirePro: USD/ZAR hovers around key resistance at 13.01 mark, consistent close above targets 13.22 mark

Jun 28, 2017 06:46 am UTC| Technicals

USD/ZAR is currently trading around 12.99 levels. It made intraday high at 13.02 and low at 12.97 levels. Intraday bias remains neutral till the time pair holds key resistance at 13.03 mark. A daily close...

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Economy

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

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Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

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Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

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Science

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

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

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iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...
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