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FxWirePro: EUR/JPY shooting stars evidences 3-month lows, bears in major trend on track to form handle pattern adjoining to inverse saucer

Feb 27, 2017 05:51 am UTC| Technicals

Shooting stars are occurred at 120.4160, 120.5150 and 121.0110 levels. The previous upswings are absolutely exhausted after whipsaws from 8-weeks, for now, shooting stars are now dragging price declines to 3-months lows...

FxWirePro: South African rand erases previous gain against U.S. dollar, short term trend reversal likely

Feb 27, 2017 05:29 am UTC| Technicals

USD/ZAR is currently trading around 12.95 levels. It made intraday high at 12.95 and low at 12.86 levels. Intraday bias remains slightly bullish till the time pair holds key support at 12.85 marks. A...

FxWirePro: AUD/USD holds 20-DMA support at 0.7661, good to go short on break below

Feb 27, 2017 05:28 am UTC| Technicals

AUD/USD edges lower from major trendline resistance at 0.7745. The pair has broken below 5-DMA support at 0.7689 and is currently trading at 0.7691. Bearish RSI divergence raises scope for downside in the...

FxWirePro: Indian rupee marginally higher against U.S. dollar in early hours of Asia, faces strong support at 66.52

Feb 27, 2017 04:35 am UTC| Technicals

USD/INR is currently trading around 66.70 marks. It made intraday high at 66.77 and low at 66.64 marks. Intraday bias remains neutral till the time pair holds key support at 66.52 marks. Key resistances are...

Gold :200 -day MA and Bearish Divergence

Feb 27, 2017 03:49 am UTC| Technicals

Major resistance- $1262 (200- day MA and 161.8% retracement) Pattern formed - Bearish Divergence (RSI and MACD) Gold hits fresh three months high till $1260.15 on Friday on account of weak dollar . It is...

FxWirePro:Nikkei225 takes support trendline, good to buy on dips

Feb 27, 2017 03:14 am UTC| Technicals

Major resistance - 19500 ( trend line joining 19698 and 19535) Pattern formed - Symmetrical Triangle pattern Nikkei has shown a mild decline below 19000 and recovered mildly from that level.It is currently...

FxWirePro: USD/THB remains well supported below 35.00 mark, bias remains bearish

Feb 27, 2017 02:22 am UTC| Technicals

USD/THB is currently trading around 34.86 marks. It made intraday high at 34.90 and low at 34.86 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 34.97 marks. On the top...

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Economy

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Politics

Trump Announces $1,776 Cash Bonus for U.S. Military Personnel Ahead of Christmas

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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

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

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

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

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

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

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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