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FxWirePro: NZD/USD trades rangebound, struggles at channel top at 0.7285, break above needed for further upside

Jun 26, 2017 05:51 am UTC| Technicals

NZD/USD is trading in a narrow range in the beginning of the week. The pair made an intraday high of 0.7288 and a low of 0.7272. RBNZ continues to be upbeat on the New Zealands economic outlook in spite of the recent...

FxWirePro: XAG/USD trades flat after heavily spiked down in early Asian hours, bias remains neutral

Jun 26, 2017 05:42 am UTC| Technicals

XAG/USD is currently trading around $16.67 marks. It made intraday high at $16.73 and low at $16.68 levels. Intraday bias remains neutral for the moment. A daily close above $16.69 will test key resistances...

FxWirePro: NZD/JPY consolidates above 61.8% Fib, bias higher, good to go long on dips

Jun 26, 2017 05:01 am UTC| Technicals

NZD/JPY is extending grind higher, is consolidating above 61.8% Fib retrace of 83.809 to 75.626 fall. The pair is trading well above 200-DMA and daily cloud, bias higher. MACD on the weekly charts is showing a...

FxWirePro: AUD/USD hovers around 1H 200-SMA at 0.7580, good to go long on break above

Jun 26, 2017 04:01 am UTC| Technicals

AUD/USD paused downside at daily cloud at 0.7539 levels and bounced higher on Fridays trade. The pair is currently hovering around 1H 200-SMA at 0.7580 levels, bias higher on intraday charts. Technical indicators...

FxWirePro: USD/CNY jumps above 6.84 mark, PBOC sets yuan mid-point at 6.8220

Jun 26, 2017 03:49 am UTC| Technicals

USD/CNY is currently trading around 6.8412 marks. It made intraday high at 6.8420 and low at 6.8250 levels. Intraday bias remains bullish for the moment. A sustained close above 6.8344 marks will test key...

FxWirePro: Taiwanese dollar rises gradually against U.S. dollar, stay bearish

Jun 26, 2017 02:14 am UTC| Technicals

USD/TWD is currently trading around 30.30 marks. It made intraday high at 30.40 and low at 30.24 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.51 marks. A daily close...

FxWirePro: USD/THB stabilizes below 34.00 mark, stay bearish only below 33.82 mark

Jun 26, 2017 01:50 am UTC| Technicals

USD/THB is currently trading around 33.94 marks. It made intraday high at 33.94 and low at 33.90 marks. Intraday bias remains neutral till the time pair holds key support at 33.82 mark. On the top side, key...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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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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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

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

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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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