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FxWirePro: NZD/USD bulls likely to extend rallies upto 70-80 pips, consolidation phase remains intact upon bullish SMA crossover and engulfing patterns

Feb 06, 2017 05:32 am UTC| Technicals

The New Year trade (January) series for NZDUSD has been extremely in bulls favor, the upswings from the lows of 0.6885 to the current 0.7313 levels, last month candle for now seems to be bullish engulfing pattern. These...

FxWirePro: USD/INR stabilizes above 67.00 mark, upside limited

Feb 06, 2017 05:26 am UTC| Technicals

USD/INR is currently trading around 67.14 marks. It made intraday high at 67.18 and low at 67.09 marks. Intraday bias remains slightly bullish till the time pair holds key support at 66.99 marks. Key...

FxWirePro: After 8 weeks of whipsaws on EUR/JPY, bear rally plummets below 7-DMA, adjoining handle pattern in major trend

Feb 06, 2017 05:09 am UTC| Technicals

After inverse saucer on EURJPY, adjoining handle pattern is now on cards as interim bulls seem to be absolutely exhausted at 21EMAs (refer monthly charts). The previous upswings exhausted at thestiff resistance of...

FxWirePro: Taiwanese dollar hits highest against U.S. dollar since July 2015

Feb 06, 2017 04:30 am UTC| Technicals

USD/TWD is currently trading around 30.92 mark. It made intraday high at 31.03 and low at 30.77 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.15 marks. A sustain close...

FxWirePro: AUD/CHF finds major resistance at 0.7635, break above to test 0.7744

Feb 06, 2017 04:23 am UTC| Technicals

Aussie dented on retails sales miss, AUD/CHF edges lower from highs of 0.7622. Data released earlier today showed Australias December retail sales m/m fell to -0.1 % (forecast 0.3 %) vs previous 0.1 %. AUD/CHF...

FxWirePro: USD/JPY subdued after bearish gap open, bias lower, stay short

Feb 06, 2017 03:41 am UTC| Technicals

USD/JPY opens with a bearish gap and trades subdued in the Asian session amid wide-spread risk-off. The pair is trading in a narrow range, remains capped below 5-DMA, bears still in control. Major support at 112...

FxWirePro: USD/THB hits fresh 3-month low at 34.99, good to sell on rallies

Feb 06, 2017 02:58 am UTC| Technicals

USD/THB is currently trading around 35.01 marks. It made intraday high at 35.05 and low at 34.99 marks. Intraday bias remains bearish till the time pair holds key resistance at 35.11 marks. On the top side...

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Politics

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Science

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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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

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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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