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FxWirePro: EUR/GPB holds channel base support, weakness only on break below

Aug 03, 2016 05:57 am UTC| Technicals

EUR/GBP trades weaker on the day, down 0.13 pct as we head into the European open. Focus remains on final prints of Services PMI for the month of July followed by Retail Sales in the euro area. A BoE rate cut on...

FxWirepro:Gold trades well above $1350, good to buy on dips

Aug 03, 2016 05:44 am UTC| Technicals

Major support - $1340 (daily Kijun-Sen). Gold has jumped till $1367 and declined from that level .It is currently trading at $136.50. Short term trend is bullish as long as support $1340 holds. Any break...

FxWirePro: USD/TWD refrains from falling below 31.50 mark, good to sell on rallies

Aug 03, 2016 05:28 am UTC| Technicals

USD/TWD is currently trading around 31.66 marks. It made intraday high at 31.72 and low at 31.59 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.93 marks. A sustain close...

FxWirePro: AUD/CAD struggles at 0.9978 resistance, break above targets 1.0026

Aug 03, 2016 05:14 am UTC| Technicals

AUD/CAD struggling to extend gains beyond stiff resistance around 0.9978 levels. Techs on weekly charts are biased higher, we see scope for upside. Break above 0.9978 levels will see test of 1.0026 and then...

FxWirePro: USD/JPY rejected at highs, good to go short on rallies

Aug 03, 2016 04:40 am UTC| Technicals

USD/JPY has broken major trendline support at 102 levels, intraday bias lower. The pair has resumed its downtrend after being rejected at session highs by 101.34. Momentum studies are bearish, we see scope for...

FxWirePro: USD/INR opens marginally higher at 66.70, bias turns to bullish above 66.86

Aug 03, 2016 04:27 am UTC| Technicals

USD/INR is currently trading around 66.76 marks. It made intraday high at 66.76 and low at 66.67 marks. Intraday bias remains neutral till the time pair holds immediate resistance at 66.86 marks. Key...

ASX200 trades slightly below 5500, targets 5400

Aug 03, 2016 02:41 am UTC| Technicals

Major support- 5,447 (21 day MA) The index has broken major psychological support at 5500 declined till 5485 at the time of writing. It is currently trading around 5,490. Short term trend is bearish as long as...

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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...

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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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