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FxWirePro: “Dragonfly Doji” poses little cause of concern for GBP/JPY bears but no harms for intraday bull swings extension upto 139.155

Sep 02, 2016 06:17 am UTC| Technicals

Dragonfly Doji is formed at 135.840 levels on monthly charts to form a bottom. Hammer pattern is formed at 130.840 levels on daily charts to form thebottom. Consequently, from thelast couple of days, the pair has...

FxWirePro: USD/CNY stabilises above 6.67 mark, PBOC sets yuan mid-point at 6.6727

Sep 02, 2016 06:14 am UTC| Technicals

USD/CNY is currently trading around 6.6780 marks. It made intraday high at 6.6795 and low at 6.6713 levels. Intraday bias remains bullish till the time pair holds key support at 6.6670 marks. On the top...

FxWirePro: Gold faces strong support at $1302, good to sell on rallies

Sep 02, 2016 06:08 am UTC| Technicals

Major resistance- $1321 (9-day EMA). Major support- $1302.50 (90 day EMA). The yellow metal has taken support near 90-day EMA and slightly jumped till $1316.50 at the time of writing. It is currently trading...

FxWirePro: EUR/GBP downside capped by 55-EMA at 0.8383, further weakness only on break below

Sep 02, 2016 06:05 am UTC| Technicals

EUR/GBP stalled its corrective slide near 55-EMA support by 0.8383. Trades rangebound on the day as markets await UK construction PMI data. The pair bounced off lows at 0.8387 on Thursdays trade and is currently...

FxWirePro: South African rand erases previous loss against USD, bias turns to bearish again

Sep 02, 2016 05:18 am UTC| Technicals

USD/ZAR is currently trading around 14.59levels. It made intraday high at 14.60 and low at 14.56 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.75 levels. A daily...

FxWirePro: AUD/JPY finds stiff resistance at 78.14, good to long break above

Sep 02, 2016 05:10 am UTC| Technicals

AUD/JPY extends gains above 55-EMA at 77.95, intraday bias higher. Aussie remains buoyed by upbeat Capex plans, while JPY under pressure on rising JGB yields. Major support levels - 77.63 (5-DMA), 77.35 (23.6%...

ASX200 trades below 90-day EMA, targets 5300

Sep 02, 2016 05:09 am UTC| Technicals

Major resistance -5445 (55-day EMA). Major support - 5385 (90- day EMA). The index has broken major support 5385 yesterday and declined till 5358 at the time of writing.It is currently trading around...

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Economy

RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses

Indian banks are bracing for heightened uncertainty after the Reserve Bank of India (RBI) tightened its grip on currency markets, barring lenders from offering rupee non-deliverable forwards (NDFs) to both resident and...

Oil Prices Surge Over $5 as Trump Vows to Continue Iran Strikes

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Politics

Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep

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Coral Springs Vice Mayor Nancy Metayer Bowen Killed in Suspected Domestic Violence Incident

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Trump Administration Plans 100% Tariffs on Pharmaceutical Imports

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Trump Defends U.S.-Israel War on Iran in Prime-Time Address as Public Support Wanes

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Trump Claims Iran Sought Ceasefire as Middle East War Escalates

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Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...
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