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FxWirePro:Nikkei225 trades slightly above 55- day EMA, good to buy on dips

Mar 24, 2017 02:48 am UTC| Technicals

Major support - 18823 (100- day EMA). Major resistance - 19200 (55- day EMA). Nikkei has taken support near 100- day EMA and jumped sharply from that level. It is currently trading at 19273 1.21%...

FxWirePro: South Korean won marginally higher on robust consumer sentiment index

Mar 24, 2017 01:59 am UTC| Technicals

EUR/KRW is currently trading around 1,207 mark. Pair made intraday high at 1,208 and low at 1,206 levels. Intraday bias remains neutral for the moment. A daily close below 1,207 will drag the parity down...

FxWirePro: Japanese yen falls in early Asia as Japan’s flash manufacturing PMI fails to meet expectations

Mar 24, 2017 01:20 am UTC| Technicals

USD/JPY is currently trading around 111.32 marks. It made intraday high at 111.35 and low at 110.86 levels. Intraday bias remains bullish till the time pair holds key support at 110.62 marks. A daily close...

FxWirePro: USD/CAD consolidating around 1.3331, bias is bullish

Mar 23, 2017 16:05 pm UTC| Technicals

The USD/CAD inched higher on Thursday as oil prices fell and dollar recovered some ground ahead of a vote on U.S. healthcare replacement later in the day. The vote on a Republican healthcare plan is seen as a litmus...

FxWirePro: EUR/USD neutral in the near-term, scope for downward resumption

Mar 23, 2017 14:47 pm UTC| Technicals

The EUR /USD pair declined on Thursday as dollar firmed slightly ahead a vote by lawmakers on a healthcare proposal, which is seen as a gauge of the Trump administrations ability to implement near-term goals. U.S....

FxWirePro:USD/CHF downside capped by 0.98600 level, good to buy on dips

Mar 23, 2017 13:22 pm UTC| Technicals

Major support 0.99140 (Trend line joining 0.95370 and 0.96788 and 200- day MA). Major intraday resistance 0.9960 (support turned into resistance). USD/CHF has shown minor decline till 0.9880 after breaking...

FxWirePro: USD/ZAR hits multi-month lows, more bearish traction upon bearish WMA and EMA crossover with abrupt rebounds

Mar 23, 2017 12:30 pm UTC| Technicals

In this edition of technical analysis of USDZAR, weve emphasized more on long-term prospects of USDZAR coupled with short term trend as well. The pair extend dragging price drops, the current prices have consistently...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

India and the United States have taken a significant step toward strengthening bilateral trade ties with the release of an interim trade framework that includes major tariff reductions on high-end American automobiles and...

Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

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Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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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...

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

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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