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FxWirePro: NZD/USD hovers around 38.2% Fib, on track to test 200-DMA at 0.7121

Feb 14, 2017 06:53 am UTC| Technicals

NZD/USD is extending consolidation phase after break below 20-DMA at 0.7237 on Feb 9th. The pair is extending downside in continuation of the Bearish Cypher Pattern. Technical indicators are biased lower, bearish...

FxWirePro: GBP/AUD bears keep check on EMAs in sloping channel, leverage shorts via one touch binaries as shooting star pops up at stiff resistance

Feb 14, 2017 06:52 am UTC| Technicals

GBPAUD rallies have consistently been restrained below EMAs on weekly plotting, dipping constantly through sloping channel, please observe every upswing is restrained below 21 7EMA. On 2H charts, shooting star appears...

FxWirePro: Chinese yuan appreciates on robust CPI data

Feb 14, 2017 06:26 am UTC| Technicals

USD/CNY is currently trading around 6.8730 marks. It made intraday high at 6.8867 and low at 6.8727 levels. Intraday bias remains bearish for the moment. A sustained close above 6.8775 marks will test key...

FxWirePro: EUR/AUD hits fresh 10-month lows at 1.3811, bias lower, good to short rallies

Feb 14, 2017 06:10 am UTC| Technicals

EUR/AUD extends slide to hit fresh 10-month lows at 1.3811. Heightened political uncertainty in the euro area and resurgence in Greece crisis keeps EUR subdued. AUD supported after RBA held rates and talked up...

FxWirePro: Gold faces strong support at 100- day EMA, good to sell on rallies

Feb 14, 2017 05:56 am UTC| Technicals

Major support - $1216-$1218 (21- W EMA 100- day EMA) Major resistance - $1245 (200- W MA)| The yellow metal has once again taken support near 100 day EMA and jumped slightly from that level. Gold has fallen till...

FxWirePro: USD/INR rejects key resistance at 67.07 mark, stay bearish

Feb 14, 2017 05:26 am UTC| Technicals

USD/INR is currently trading around 66.95 marks. It made intraday high at 67.01 and low at 66.94 marks. Intraday bias remains bearish till the time pair holds key resistance at 67.07 marks. Key resistances...

FxWirePro: AUD/NZD breaks above 78.6% Fib, bias higher, good to go long on dips

Feb 14, 2017 05:19 am UTC| Technicals

Strong Chinese PPI data and upbeat Aussie NAB business conditions buoy AUD/NZD. Australias January NAB business conditions rose to 16 vs previous 11, while NAB business confidence was up to 10 vs previous 6. Chinese...

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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

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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

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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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