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FxWirePro: NZD/USD testing 0.6500 support, could target 0.6428 and then 0.6385 on breaks below

Nov 23, 2015 07:27 am UTC| Technicals

Continued rout in base metals, especially copper weighing on commodity currencies like the NZD today. NZD/USD opened Asia 0.6559, extended to 0.6561 top before continuing to slip lower now through 0.6515 5-DMA...

FX Hedging Strategy Series

FxWirePro: EUR/AUD bulls paralyzed but put writers on upper hand in short run – long vega puts functionality underway

Nov 23, 2015 07:14 am UTC| Technicals

On the verge of French and German manufacturing PMIs, today Euros early market focus is likely to be on these flash estimates of Eurozone PMIs for November. The Euro zone aggregate preceded by French and German...

FxWirePro: BTC/USD trades in narrow range, good to sell on rallies

Nov 23, 2015 07:12 am UTC| Technicals Digital Currency

BTC/USD has broken minor support $325 and declined till $310. It is currently trading around $321. On the downside major support is around $300 and break below targets$270/$256. The pairs minor resistance is...

FX Hedging Strategy Series

FxWirePro: EUR/AUD breaks below 61.8% retracement, swing trade using fibo

Nov 23, 2015 06:27 am UTC| Technicals

The pair has retraced more than 61.8% way below 10DMA from the highs Gravestone Doji (1.6584). This has been achieved after the formation of Gravestone doji (1.5583) candle with long upper shadow. But for now we...

USD/CAD breaks major resistance 1.3380, targets 1.3450

Nov 23, 2015 06:25 am UTC| Technicals

Major trend reversal level- 1.3380 USD/CAD has broken major trend reversal level 1.3380 and break above confirms major bullishness, a jump till 1.3450/1.3500 is possible . Short term trend reversal can happen...

GBP/CAD struggles to break below 2.030, jump till 2.045 is possible

Nov 23, 2015 05:55 am UTC| Technicals

GBP/CAD has retreated till 2.02300 after making a high of 2.0360. Short term trend is still bullish as long as support 2.023 holds. On the higher side minor resistance is around 2.033 and break above targets...

FxWirePro: EUR/AUD could see retracement to 1.4400 levels, bearish setup intact

Nov 23, 2015 04:52 am UTC| Technicals

The Australian dollar held near four-month highs against a soggy euro as expectations of further easing by the ECB underpinned demand for carry trades. EUR/AUD dropped to 1.4696, its lowest since July, after shedding...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

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Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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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

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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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