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AUD/USD Trade Idea

Aug 14, 2015 11:38 am UTC| Technicals

AUD/USD consolidates in narrow range 0.7320-0.7409 for the past two trading session. Major trend reversal level- 0.7385 Break above would extend gains till 0.7450/0.7500 in short term. On the downside minor support is...

EUR/USD forms BIG W pattern, break above 1.1215 confirms bullishness

Aug 14, 2015 11:31 am UTC| Technicals

EUR/USD has formed BIG W Pattern. Major resistance is around 1.2150 and any break above confirms bullishness, jump till 1.1435/1.1465. On the downside major support is around 1.1050 and break below confirms short term...

FxWirePro: USD/CHF breaks trendline support – gamma spreads hedges potential drops

Aug 14, 2015 11:28 am UTC| Technicals

As it is traced out that the pair has failed to take the trend line supports at 0.9765 on daily chart, and these drops are extended today as well 0.9730 levels. RSI oscillator has confirmed the price drops with downward...

FxWirePro: USD/JPY faces strong support at 123.50, further weakness only below that level

Aug 14, 2015 10:00 am UTC| Technicals

RES 4: 126.88 (161.8% retracement of 124.43 and 120.45) RES 3 : 125.85 (Jun 5th high) RES 2:125 RES 1: 124.60 ( 20 day 4HMA) PRICE: 124.23 @09:58 GMT SUP1 : 124.30 (7 day 4 HMA) SUP2 :124.10 (23.6%...

OPTIONS - EUR/USD 1month volume at five-month low

Aug 14, 2015 09:37 am UTC| Technicals

1month EUR/USD volume at 9.4 pct vs 10.4 pct Wednesday Volume fall accompanies calming of Yuan situation 9.4 pct = lowest level since early March. 8.2 pct = late Feb low Source: Thomson...

FxWirePro: EUR/GBP faces strong support at 0.7060, good to buy at dips

Aug 14, 2015 09:21 am UTC| Technicals

Chart Pattern: Cup and handle EUR/GBP has made a high of 0.7169 and slightly declined from that level. It is currently trading at 0.7135. Overall trend is still bullish as long as support 0.7060 holds. Any break...

USD/ZAR trades at 14-year high on Yuan’s devaluation, good to buy at dips

Aug 14, 2015 08:31 am UTC| Technicals

South African rand has fallen to 14 year low against USD as china devalues its currency to support a stuttering economy. Rand falls 0.6% against dollar to new 14 year low of 12.88 today. The step by Chinese central bank...

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Economy

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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Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

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Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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Politics

U.S. Launches Large-Scale Airstrikes on ISIS Targets in Syria After Deadly Attack

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Putin Envoy Heads to Miami for High-Stakes Talks as U.S. Pushes Ukraine Peace Deal

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Russian Missile Strike on Odesa Port Kills Seven, Disrupts Key Trade Routes

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Trump Nominates Lt. Gen. Frank Donovan to Lead U.S. Southern Command Amid Rising Tensions in Latin America

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Brazil Court Allows Bolsonaro Hospital Trip Amid Prison Sentence

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Science

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

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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

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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...