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Call update: USD/JPY targets achieved, book partial profits, lower trailing stops, hold for 119 levels

Feb 03, 2016 04:51 am UTC| Technicals

Our USD/JPY call (http://www.econotimes.com/FxWirePro-USD-JPY-upside-capped-by-200-DMA-at-12147-good-to-sell-rallies-153594) has achieved targets. Dovish comments from the BOJ Governor Kuroda saw a minor recovery in...

NZD/USD well supported below $0.6550 levels, Intraday bias positive

Feb 03, 2016 04:20 am UTC| Technicals

Pair is currently trading at $0.6541 levels, made intraday high at $0.6545 and low at $0.6507 levels. The NZ jobless rate fell 0.7 percentage points to 5.3% in the December quarter, the lowest since the March 2009...

Call update: AUD/NZD hit targets, book partial profits, scope for further downside, target 1.0690

Feb 03, 2016 04:03 am UTC| Technicals

Our previous AUD/NZD call (http://www.econotimes.com/FxWirePro-AUD-NZD-slips-below-200-DMA-good-to-sell-rallies-153694) has achieved targets. We see scope for further downside in the pair, so advise booking partial...

Major Asian Indices Technicals

Feb 03, 2016 03:11 am UTC| Technicals

Hang Seng: Hang Seng has broken major support 19200 and declined till 18800 at the time of writing. It is currently trading around 18840. Short term trend is slightly weak as long as resistance 19300...

FxWirePro: USD/CHF consolidating around 1.0191 levels, outlook is bullish

Feb 02, 2016 19:35 pm UTC| Technicals

The pair has retreated towards 1.0170 levels after finding resistance at 1.1225 levels and remained at lower levels unable to regain the lost ground afterwards as investors preferred safe heaven assets on renewed concerns...

FxWirePro: GBP/USD strongly bearish despite upside attempts

Feb 02, 2016 17:39 pm UTC| Technicals

The GBP/USD pair jumped to a fresh 3-week high of 1.4445 in the early European morning, following uncertainty regarding the forthcoming EU referendum, but gave up some gains later. The pairs gains were limited as the...

Gold steadies near 3-month high, bias is bullish- long around 1116, targets around 1125/1135, SL 1100

Feb 02, 2016 16:40 pm UTC| Technicals

The yellow metal inched higher on Tuesday, with the metal reaching three month high at 1130 levels. The metal made gains, as market was underpinned by global growth concerns and sharp drop in oil prices pushed the...

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Science

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Technology

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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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