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• FxWirePro: USD/JPY consolidating around 116.84, bias is bullish

Jan 06, 2017 17:14 pm UTC| Technicals

USD/JPY rose on Friday as dollar regained its footing after the U.S. non-farm payrolls report showed a slowing in hiring in December but an increase in wages, setting the economy up for further interest rate increases from...

FxWirePro: EUR/USD dips below lower range following US jobs data

Jan 06, 2017 14:44 pm UTC| Technicals

The EUR /USD pair fell as low as 1.0529 in the early US session, as greenback was boosted after data showed U.S. employment increased less than expected in December but a rebound in wages pointed to sustained labor market...

FxWirePro:GBP/USD upside capped by 200- 4H MA, good to sell on rallies

Jan 06, 2017 12:46 pm UTC| Technicals

Major resistance 1.245 (200- 4H MA) Major support - 1.2200 Cable has broken minor resistance at 1.23880 and jumped till 1.2432. It is currently trading around 1.23750. The pair is facing strong resistance...

FxWirePro:EUR/USD faces strong resistance around 1.06750, good to buy on dips

Jan 06, 2017 12:33 pm UTC| Technicals

Major resistance 1.0600 (trend line joining 1.08735 and 1.0675) Major support 1.03400 EUR/USD has once recovered after making a low of 1.04800. It is currently trading around 1.05750. The pair broken the...

FxWirePro:GBP/JPY Trade Idea

Jan 06, 2017 12:09 pm UTC| Technicals

Major resistance- 144.07 (89- 4H EMA) Major support 142.15 (Dec 29th 2016 low) GBP/JPY has made low of 142.49 and jumped sharply till 144.07 from that level. It is currently trading around 143.50. Short...

FxWirePro:GBP/JPY upside capped by 89 -4H EMA,good to sell on rallies

Jan 06, 2017 11:00 am UTC| Technicals

Major resistance- 144.07 (89- 4H EMA) Major support 142.15 (Dec 29th 2016 low) GBP/JPY has made low of 142.49 and jumped sharply till 144.07 from that level. It is currently trading around 143.50. Short...

FxWirePro:S&P500 forms Bearish Bat pattern, good to buy on dips

Jan 06, 2017 10:41 am UTC| Technicals

Harmonic Pattern Bearish Bat pattern Potential Reversal Zone (PRZ) 2275 SP500 has formed bearish Bat pattern in the 4-hour chart. It should break above PRZ for further bullishness. The index is trading around...

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Economy

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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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