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AUD/USD moving higher on short covering

Mar 03, 2016 02:39 am UTC| Technicals

Resistance found at the Dec 31 high at 0.7328 with break targeting 0.7380/90 For AUD/USD to maintain upward momentum - 200-day MA (0.7256) should hold...

USOIL breaks major resistance $34.80, targets $40

Mar 03, 2016 02:33 am UTC| Technicals

Major resistance - $34.80 USOIL has broken major resistance $34.80 and jumped till $35.11. It is currently trading around $34.77. Short term trend is bullish as long as support $33.30 (trend line joining $26.03 and...

AUD/USD break above 200-day MA at 0.7258; signal l-t downtrend

Mar 02, 2016 23:45 pm UTC| Technicals

Pair break 200-day MA first time since Sep 2014. Iron ore closed above the 200-day MA yesterday for the first time since Jan 2014 Buying dips in the AUD/USD recommended rather than selling...

FxWirePro: USD/JPY remains bullish above 55-day moving average

Mar 02, 2016 19:34 pm UTC| Technicals

The USD/JPY declined on Wednesday as demand for safe heaven Japanese yen increased on concerns over US economic growth. The pair edged higher in the European session, to hit high at 114.55 before slipping back...

FxWirePro: EURUSD runs out of steam, bearish in the short term

Mar 02, 2016 18:03 pm UTC| Technicals

The EUR/USD pair has declined towards lower levels on Wednesday as the US dollar gained strength across the board after ADP Employment data printed positive figures.The pair fell down to hit low at 1.0825 and has been...

FxWirePro: USD/CAD heads southwards as crude oil prices rebound

Mar 02, 2016 17:17 pm UTC| Technicals

Canadian dollar firmed against US dollar on Wednesday, after Canadian dollar gathered some momentum after crude oil price rebounded erasing a brief dip after data showed huge build in US crude stockpiles. The...

Gold consolidates around 1095, bias remains bullish- long around 1225, targets around 1247/1272, SL 1206

Mar 02, 2016 15:44 pm UTC| Technicals

The yellow metal traded higher on Wednesday as world equities turned lower after oil prices declined, shrugging off a steadier dollar following better than expected US factory output. The yellow metal declined...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

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Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

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Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

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Science

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...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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