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FxWirePro: Silver rises gradually against U.S. dollar, sustained close above $18.56 requires for the upside rally

Apr 13, 2017 06:44 am UTC| Technicals

XAG/USD is currently trading around $18.48 marks. It made intraday high at $18.54 and low at $18.42 levels. Intraday bias remains bullish till the time pair holds key support at $18.22 mark. A daily close...

FxWirePro: Chinese trade cushions NZD/USD slumps and stimulates intraday bullish sentiments, more rallies likely upto 7EMA – digital calls to speculate and short hedge

Apr 13, 2017 06:23 am UTC| Technicals

China earlier today showed a sharp rise in trade surplus in March. On the back of this Chinese data, bulls of NZDUSD have managed to test the channel support at 0.6905 levels (refer daily charts). On bullish SMA...

FxWirePro: EUR/AUD rejected at major trendline resistance, slips below 100-DMA, good to short break below 1.4030

Apr 13, 2017 05:58 am UTC| Technicals

EUR/AUD is extending downside after rejection at major trendline resistance at 1.4220. Aussie buoyed by stellar Australia employment and upbeat China trade data. The pair has slipped below 100-DMA and intraday...

FxWirePro: Indian rupee trades marginally higher against U.S. dollar, good to sell on rallies

Apr 13, 2017 05:55 am UTC| Technicals

USD/INR is currently trading around 64.37 marks. It made intraday high at 64.61 and low at 64.28 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.78 marks. Key resistances...

FxWirePro: Gold trades higher on weak U.S dollar, jump till $1306 likely

Apr 13, 2017 05:52 am UTC| Technicals

Gold prices added to recent gains and broken high of $1275 made on Apr 11th 2017 on account of geopolitical tension in Syria and North Korea. The yellow metal gained further yesterday after U.S President Donald Trump...

FxWirePro: AUD/USD spikes above 200-DMA on upbeat China trade data, intraday bias higher

Apr 13, 2017 05:13 am UTC| Technicals

AUD/USD spikes above 200-DMA and is currently pausing upside at major trendline resistance at 0.7585. Data released in China earlier on Thursday showed a sharp rise in the March Trade surplus. The pair is...

FxWirePro: USD/TWD hits fresh 2-week low at 30.17 mark, sustained close below 30.06 targets 29.85 mark

Apr 13, 2017 05:12 am UTC| Technicals

USD/TWD is currently trading around 30.20 marks. It made intraday high at 30.45 and low at 30.17 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.69 marks. A daily close...

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Economy

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Politics

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U.S. Initiates $11.1 Billion Arms Sale to Taiwan Amid Rising China Tensions

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Union-Aligned Investors Question Amazon, Walmart and Alphabet on Trump Immigration Policies

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Venezuela Seeks UN Security Council Meeting Over U.S. Oil Tanker Blockade

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Science

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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

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Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...

OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....

Republicans Raise National Security Concerns Over Intel’s Testing of China-Linked Chipmaking Tools

Republican lawmakers are raising alarms over potential U.S. national security risks after a Reuters report revealed that Intel evaluated advanced chipmaking equipment from ACM Research, a company with significant ties to...
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