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FxWirePro: NZD/USD holds cloud support, targets 50-DMA at 0.6832, good to buy dips

May 23, 2016 04:01 am UTC| Technicals

NZD/USD is extending recovery from 2-month lows at 0.6709 hit on 19th May and is attempting to retake the 0.68 handle. The pair has broken above 510 DMAs and is on track to test 50-DMA at 0.6832. Intraday...

FxWirePro: AUD/USD breaks minor resistance at 0.7230, good to buy dips

May 23, 2016 03:34 am UTC| Technicals

AUD/USD is currently trading around 0.7250 levels, intraday bias is higher. After a brief dip below 61.8% Fib at 0.7212 on May 19th, the pair has pulled back above. On the 2-hourly charts, the pair has broken...

FxWirePro: ASX200 struggles to close below 5300, good to buy at dips

May 23, 2016 02:48 am UTC| Technicals

Major resistance - 5400 Major Support - 5293 (21 day MA) ASX200 has taken support near 21 day MA and slightly jumped till 5360 at the time of writing. It is currently trading at 5355.Short term trend is slightly...

FxWirePro: Nikkei225 faces strong resistance at 17000, good to sell on rallies

May 23, 2016 02:34 am UTC| Technicals

Major resistance - 16985 (11 May High) Major support - 16350 (100 day 4H MA) Nikkei index has slightly recovered after making a low of 16409 at the time of writing. It is currently trading around...

FxWirePro: AUD/NZD remains well supported below 1.07, good to sell on rallies

May 23, 2016 02:32 am UTC| Technicals

AUD/NZD is trading around 1.0672 marks. Pair made intraday high at 1.0685 and low at 1.0658 marks. Intraday bias remains bearish till the time pair holds key resistance at 1.0733 marks. A daily close below...

FxWirePro: USD/KRW remains well supported above 1172, intraday bias remains neutral

May 23, 2016 01:31 am UTC| Technicals

USD/KRW is currently trading around 1183 levels. It made intraday high at 1185 and low at 1183 levels. Intraday bias remains neutral for the moment. Pair is moving in a tight range in between 1170 to 1190...

FxWirePro: Japanese Yen gains in early Asia on robust trade balance data

May 23, 2016 01:10 am UTC| Technicals

USD/JPY is currently trading around 109.87 marks. It made intraday high at 110.23 and low at 109.83 levels. Today Japan released trade balance data with positive numbers at a surplus of 430 billion, above the 270...

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Economy

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Trump’s Inflation Claims Clash With Voters’ Cost-of-Living Reality

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Russian Stocks End Mixed as MOEX Index Closes Flat Amid Commodity Strength

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China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

Jack Lang, a prominent French political figure and former culture minister under President François Mitterrand, has stepped down from his role as president of the Arab World Institute in Paris following mounting...

US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

Israeli Prime Minister Benjamin Netanyahu is expected to meet U.S. President Donald Trump in Washington on Wednesday, with Irans nuclear program and regional security topping the agenda. The meeting comes amid renewed...

Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

U.S. President Donald Trump has publicly endorsed a proposed merger between Nexstar Media Group and Tegna, signaling renewed political attention on the future of local television broadcasting. In a post shared Saturday on...

Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

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...

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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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

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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