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FxWirePro: USD/JPY Trade idea

Mar 15, 2017 12:04 pm UTC| Technicals

Potential Pattern Bullish AB=CD Pattern USD/JPY potential Bullish AB=CD pattern will complete at 114.30 level. The pair has formed a minor top around 115.50 and declined mildly from that level. It is currently...

FxWirePro: USD/JPY forms Potential Bullish pattern, good to buy on dips

Mar 15, 2017 12:01 pm UTC| Technicals

FxWirePro: USD/CAD short-term bulls ramp up to major resistance, major uptrend spiking in rising wedge – Boundary binaries for leveraged yields

Mar 15, 2017 09:53 am UTC| Technicals

Please be noted that the price behavior of USDCAD in major uptrend has formed rising wedge pattern which is bullish in nature. Bulls have taken strong support at 1.30 levels, subsequently, the upswings have spiked above...

FxWirePro:USD/CHF upside capped by 10 –day MA, good to sell on rallies

Mar 15, 2017 09:44 am UTC| Technicals

Major resistance 1.0180 (trend line joining 1.01187 and 1.01405). Major support 1.00600 (trend line joining 0.99636 and ). USD/CHF has once again taken support near trend line and jumped slightly from that...

FxWirePro: CHF/JPY forms Bearish CD pattern, good to sell on rallies

Mar 15, 2017 09:23 am UTC| Technicals

Pattern formed Bearish AB= CD pattern Potential reversal Zone (PRZ) - 114.30 The pair has shown a huge recovery from the low of 111.07 and jumped till 114.30 yesterday. It has shown a mild selling from the high....

FxWirePro: Buy GBP/JPY above 140.60

Mar 15, 2017 09:20 am UTC| Technicals

Major resistance -140.60 The pair has jumped sharply after major consolidation between 140.75 and 138.40 for the past eight trading session. It is currently trading around 140.15. GBP/JPY has made a low of 139.15...

FxWirePro: USD/ZAR consolidates around 13.15 mark, bias remains neutral

Mar 15, 2017 07:27 am UTC| Technicals

USD/ZAR is currently trading around 13.13 levels. It made intraday high at 13.15 and low at 13.11 levels. Intraday bias remains neutral till the time pair holds key support at 13.15 marks. 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...

Gold and Silver Prices Dip as Markets Await Key U.S. Economic Data

Gold and silver prices edged lower in Asian trading on Tuesday as investors booked profits after a strong rally, while global markets turned cautious ahead of critical U.S. economic data. The pullback comes after precious...

Bank of Korea Downplays Liquidity’s Role in Weak Won and Housing Price Surge

South Koreas central bank has pushed back against claims that excessive domestic liquidity is the main driver behind the weakening won and rising residential property prices, calling such arguments an overstatement. In a...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Sydney Bondi Beach Terror Attack Kills 16, Sparks Gun Law and Security Debate

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Trump’s Rob Reiner Remarks Spark Bipartisan Outrage After Tragic Deaths

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Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

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...

Science

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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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

Biren Technology Targets Hong Kong IPO to Raise $300 Million Amid China’s AI Chip Push

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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...