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FxWirePro:EUR/USD trades below trend line support, dip till 1.06579 likely

Jan 26, 2017 10:24 am UTC| Technicals

Major resistance 1.0815 (161.8%retraceemnt of 1.07196 and 1.05891). EUR/USD has broken major trend line support at 1.07400 and closed slightly below that level in the hourly chart. It is currently trading around...

FxWirePro:USD/CAD forms Bullish BAT Pattern, good to buy on dips

Jan 26, 2017 09:52 am UTC| Technicals

Pattern Formed Bullish Bat pattern Potential Reversal Zone -1.3000 The pair has formed Bullish BAT Pattern in the hourly chart and any slight weakness can be seen only below 1.3000 level. Loonie made a low...

FxWirePro: USD/CNY jumps above 6.88 mark, PBOC sets yuan mid point at 6.8588

Jan 26, 2017 07:51 am UTC| Technicals

USD/CNY is currently trading around 6.8797 marks. It made intraday high at 6.8835 and low at 6.8684 levels. Intraday bias remains neutral for the moment. A sustained close above 6.8811 marks will test key...

FxWirePro: EUR/JPY holds cloud support, weakness only on break below

Jan 26, 2017 07:47 am UTC| Technicals

EUR/JPY finds strong support by daily cloud at 121.35, weakness only on break below. The pair struggles to close below 50-DMA currently at 121.63. Violation at 50-DMA would allow slippage to the 121.37 (38.2% Fib...

CAD/JPY breaks trend line resistance, targets 88.90

Jan 26, 2017 07:08 am UTC| Technicals

Major resistance 86.60 (trend line joining 88.66 and 88.21). Major support 86.27 (200 H MA). CAD/JPY breaks major trend line resistance at 86.60 and jumped sharply from that level. It is currently trading...

FxWirePro: EUR/GBP capped below 50-DMA, focus on UK Q4 GDP

Jan 26, 2017 07:07 am UTC| Technicals

EUR/GBP has broken major supports at 0.86 (major trendline) and 0.8521 (50-DMA). Intraday bias lower, the pair is on track to test 200-DMA at 0.8402. UK PM May will publish the bill to trigger Brexit, which will...

FxWirePro: USD/ZAR hovers around fresh 2-month low at 13.21 mark, consistent close below targets 13.01

Jan 26, 2017 06:54 am UTC| Technicals

USD/ZAR is currently trading around 13.24 levels. It made intraday high at 13.26 and low at 13.21 levels. Intraday bias remains neutral till the time pair holds key support at 13.21 mark. A daily close...

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Economy

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Politics

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Trump Allows Commercial Fishing in Protected New England Waters

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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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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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