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AUD/JPY struggles to close above 92 level, decline till 89.60 is possible

Aug 13, 2015 06:35 am UTC| Technicals

Intraday trend- Bearish Short term trend- Bearish AUD/JPY has recovered from low of 90.33 till 92.06 but once again unable to hold above that level. Bearish invalidation can happen only if it closes above 92...

FxWirePro: AUD/USD bounces back from session lows at 0.7331, buying seen at lows

Aug 13, 2015 04:28 am UTC| Technicals

PBOCs Yi Gang briefing on the yuan came as a respite to markets, risk-on returns to the markets following the comments Yi talked up the currency and stated that further bid depreciation in the domestic currency is...

FxWirePro: AUD/USD key resistance at 0.7385, sell deals are recommended below 0.7360

Aug 12, 2015 13:00 pm UTC| Technicals

AUD/USD rebounded strongly from 0.7214 levels to hit daily highs at 0.7386 levels. The pair is retreating back after hitting strong resistance at 0.7385 levels. The pair is expected to decline further towards 0.7340 and...

FxWirePro: EUR/GBP to test 0.7202 levels in short term

Aug 12, 2015 12:43 pm UTC| Technicals

EUR/GBP continued its upward move on Wednesday seen from the last few sessions. It rose above 55 EMA and hit a fresh high at 0.7169 levels before sliding to 0.7147 levels. 5 and 15 MA crossover suggests further uptrend...

FxWirePro: USD/CAD key resistance at 1.3000, upside prevails in the short term

Aug 12, 2015 12:22 pm UTC| Technicals

USD/CAD has slipped from yesterdays high and is all set to test 1.2960 levels shortly. 1.2960 levels has been strongly supportive and is set to defend against the bears. The pair is expected to continue its bullish bias...

FxWirePro: USD/CHF approaching support level at 0.9744, buy deals are recommended above 0.9745

Aug 12, 2015 12:11 pm UTC| Technicals

USD/CHF pair is approaching support level 0.9747 (61.8% Retracement level, the support level 0.9747 is expected hold the bears and push pair further up. The pair is currently trading around 0.9744 levels. It is...

FxWirePro: USD/JPY approaching support level at 124.00, buy deals are recommended above 124.05

Aug 12, 2015 12:05 pm UTC| Technicals

USD/JPY is approaching to test support level at 124.00; the support level at 124.00 is massively strong and set to hold the bears from falling further below 124.00 levels. The pair is set to rebound from 124 levels and is...

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Economy

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...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

Ukraine welcomed a major European Union decision on Friday to provide 90 billion in financial support over the next two years, a move Kyiv says will significantly strengthen its economic resilience amid the ongoing war...

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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EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

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Politics

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

The United States military carried out extensive airstrikes against Islamic State (ISIS) targets across Syria on Friday, escalating its response after a deadly attack on American personnel, according to U.S. officials. The...

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

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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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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...