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FxWirePro: Potential 'Bullish Gartley' on AUD/USD, good to short rallies

Feb 21, 2017 02:24 am UTC| Technicals

The RBA minutes painted a mixed picture, thus leaving the Aussie largely unimpressed. RBA minutes showed policymakers see resource exports to boost GDP, but cautious comments prevailed on the labor market. The central...

FxWirePro: Aussie gains against kiwi after RBA’s meeting minutes

Feb 21, 2017 01:48 am UTC| Technicals

AUD/NZD is currently trading around 1.0713 marks. Pair made intraday high at 1.0721 and low at 1.0682 marks. Intraday bias remains bullish till the time pair holds immediate support at 1.0648 marks. A daily...

FxWirePro: Japanese yen marginally lower despite higher than expected flash manufacturing PMI data

Feb 21, 2017 01:04 am UTC| Technicals

USD/JPY is currently trading around 113.37 marks. It made intraday high at 113.41 and low at 113.07 levels. Intraday bias remains bullish till the time pair holds key support at 112.79 marks. A daily close...

FxWirePro: GBP/JPY takes support near 200 –day MA, good to sell on rallies

Feb 20, 2017 13:47 pm UTC| Technicals

Major resistance - 142.25 (trend line joining 144.78 and 144.69) Major support 139.60 (200- day MA) GBP/JPY has broken major support at 141 and declined till 139.60 on Friday. It has taken support near 200- day...

FxWirPro:GBP/USD takes support near 1.23800, good to buy on dips

Feb 20, 2017 12:30 pm UTC| Technicals

Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2567 (100- day EMA) Cable has once again recovered sharply after making a low of 1.23875 level. It is currently trading around...

FxWirPro: GBP/USD trade idea

Feb 20, 2017 12:21 pm UTC| Technicals

Major intraday support - 1.23800 (Feb 15th 2017 low) Major Resistance 1.2567 (100- day EMA) Cable has once again recovered sharply after making a low of 1.23875 level. It is currently trading around 1.24500. On the...

FxWirePro: USD/CHF upside capped by 50% retracement,good to sell on rallies

Feb 20, 2017 11:06 am UTC| Technicals

Major intraday resistance -1.0045 (50% retracement of 1.01187 and 0.99636). Major support 0.99297 (Feb 8th 2017 low). USD/CHF has recovered sharply after making a low of 0.99636 on Feb 16th 2017. The pair jumped...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

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New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

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Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

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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

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...

Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

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...
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