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USD/CAD hits yearly high at 1.43799

Jan 14, 2016 05:14 am UTC| Technicals

The USD/CAD is trading close to 2003 levels on Thursday, failing to maintain the earlier moderate gains based on the brief relief in oil prices. Pair made multiyear high at 1.4382 levels. In the absence of major...

FxWirePro: EUR/CAD extends uptrend to hit multi-year highs (1.5667), further upside likely

Jan 14, 2016 05:03 am UTC| Technicals

EUR/CAD extends its uptrend to breaks minor resistance at 1.5556 to hit nulti-year highs at 1.5667 (levels not seen since Dec 2009). Oil prices trade near 12-year lows, Brent slips back below $ 30 mark, hurting...

FxWirePro: AUD/USD unable to hold gains above 5-DMA, tests 0.6920 support

Jan 14, 2016 04:32 am UTC| Technicals

AUD/USD breach above 5-DMA at 0.6993 on Wednesdays trade proved short-lived, the spike to 0.7048 was quickly faded. Upbeat jobs data earlier in the day failed to lift the Aussie, it saw a marginal number of bullish...

FxWirePro: 0.6425 strong support for NZD/USD, breaks below could test 0.6240 levels

Jan 14, 2016 03:43 am UTC| Technicals

We see a strong trendline support for NZD/USD at 0.6428 levels, weakness will be seen if pair breaks below. Weakness in oil exposes the downside in the kiwi, NZD/USD hit session lows at 0.6456, before paring some...

FxWirePro: USD/JPY runs out of steam but maintains upward bias

Jan 13, 2016 19:14 pm UTC| Technicals

The USD/JPY pair rallied initially to test resistance level at 118.34 in the early US session. However, after failing to break resistance level at 118.34, the pair has slipped back towards 117.84 levels. The pair remains...

FxWirePro: USD/CAD approaches 1.4300 levels, more upside expected

Jan 13, 2016 17:03 pm UTC| Technicals

Canadian dollar has conceded some gains against US dollar on Wednesday, as the pair bounced higher after crude oil inventories data which showed a rise in weekly U.S crude inventories, fueled more bearish sentiment about...

Gold rebounds and gains some upside momentum, but outlook still bearish- short around 1092, targets around 1080/1075, SL 1100

Jan 13, 2016 15:25 pm UTC| Technicals

Gold has rebounded after finding support at 1080 levels to trade around 1087 levels, erasing some earlier losses suffered in the previous European session. However, upside is set to be limited as the commodity finds strong...

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Economy

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Politics

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Science

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Technology

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

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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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