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FxWirePro: AUD/JPY bears resume unerringly at 50%. and 21-EMA with shooting star – Tunnel spread best choice of speculation

Jan 05, 2017 06:58 am UTC| Technicals

After 6-7 months of consolidation pattern now seems to be exhausted at 50% of Fibonacci retracements from the lows of 72.437 levels (Jun16 lows). As you could probably make out the upswings on monthly plotting have...

FxWirePro: NZD/USD takes out 0.70, 'Potential Bearish Cypher', scope for test of 200-DMA at 0.7077

Jan 05, 2017 06:48 am UTC| Technicals

NZD/USD breaks above 20-DMA, hits 3-week highs at 0.7020, bias higher. Potential Bearish Cypher pattern seen on daily charts. Scope for test of 200-DMA at 0.7077. Bullish invalidation on close below 20-DMA at...

JGB Technical Assessment: Momentum Weekly Bearish

Jan 05, 2017 06:39 am UTC| Technicals

With a break below 150.00, which lead the price to 149.00 followed by 148.00 further out. The pair may stall around the price 150.00. Back above 152.00 will force to revalue. Analysis Bias 1-Week Objective: DOWN to...

FxWirePro: Gold Intraday trade idea

Jan 05, 2017 06:33 am UTC| Technicals

Major resistance - $1180 Major support - $1146 (200- H MA) The yellow metal has broken major 161.8% fibo level and jumped till $1177.49 at the time of writing. It is currently trading around $1177.21. US 10-...

FxWirePro: USD/CNY hits fresh 4-week low at 6.8874, PBOC sets yuan mid-point at 6.9307

Jan 05, 2017 06:01 am UTC| Technicals

USD/CNY is currently trading around 6.9075 marks. It made intraday high at 6.9321 and low at 6.8874 levels. Intraday bias remains bearish for the moment. . A daily close below 6.8983 will drag the parity...

FxWirePro: USD/INR falls below 68.00 mark, bias remains neutral

Jan 05, 2017 05:02 am UTC| Technicals

USD/INR is currently trading around 67.86 marks. It made intraday high at 67.98 and low at 67.79 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 68.01, 68.21, 68.39, 68.49,...

FxWirePro: USD/JPY slips below 20-DMA, intraday bias lower

Jan 05, 2017 04:29 am UTC| Technicals

USD/JPY has breached strong support by 20-DMA at 116.99. Technical studies have turned bearish. RSI and Stochs have rolled over from overbought zone. MACD has shown a bearish crossover on signal line and momentum...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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Politics

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Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

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Science

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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

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

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

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

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Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

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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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