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FxWirePro: Prefer to go long on XAG/USD around $19.80 with stop loss at $19.70 and target of $20.22

Sep 08, 2016 03:03 am UTC| Technicals

XAG/USD is currently trading around $19.86 marks. It made intraday high at $19.87 and low at $19.74 levels. Intraday bias remains bullish till the time pair holds key support at $19.70 levels. A daily close...

FxWirePro: AUS200 faces strong support at 5350, good to sell on rallies

Sep 08, 2016 02:58 am UTC| Technicals

Major resistance -5441 (55-day EMA). Major support - 5350. The index has broken major support at 5375 (100-day MA) and declined slightly from that level.It is currently trading around 5374. On the higher...

FxWirePro: Nikkei trades flat, good to buy on dips

Sep 08, 2016 02:40 am UTC| Technicals

Major support -16820 (200- day MA). Nikkei225 is trading in narrow range between 17154 and 16882 for the past two trading session.It is currently trading around 16955. Japans economy has expanded at better than...

FxWirePro: USD/TWD fails to fall below 31.00 mark, bias turns bullish again

Sep 08, 2016 02:38 am UTC| Technicals

USD/TWD is currently trading around 31.27 marks. It made intraday high at 31.30 and low at 31.19 marks. Intraday bias remains slightly bullish till the time pair holds key support at 31.09 marks. A daily...

FxWirePro: USD/SGD remains well supported below 1.35 mark, good to sell on rallies

Sep 08, 2016 01:52 am UTC| Technicals

USD/SGD is currently trading around 1.3462 marks. It made intraday high at 1.3481 and low at 1.3436 levels. Intraday bias remains bearish till the time pair holds initial resistance at 1.3538 marks. A...

FxWirePro: USD/JPY recovery not convincing, holds above 20-DMA support, but bias still lower

Sep 08, 2016 01:43 am UTC| Technicals

USD/JPY managed to erase losses from lows of 101.20, but upside seems to be loosing traction. Likelihood of another BoJ disappointment at the Sept 21 meet is rising, putting upside risk to the near-term path for...

FxWirePro: South Korean won opens onshore trade at 1,090.5 per U.S. dollar, bias remains bearish

Sep 08, 2016 01:11 am UTC| Technicals

USD/KRW is currently trading around 1,092 levels. It made intraday high at 1,092 and low at 1,09 marks. Intraday bias remains bearish till the time pair holds key resistance at 1,107 levels. A daily close...

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Economy

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Politics

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

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China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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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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