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FxWirePro: GBP/AUD faces strong support at 2.1200, good to buy at dips

Aug 19, 2015 05:19 am UTC| Technicals

GBP/AUD has made low of 2.130 and recovered from that level. Short term trend is still bullish as long as support 2.120 holds. It is facing strong resistance 2.1527 and any further bullishness only above 2.1530 level. Any...

FxWirePro: AUD/USD hits fresh weekly lows at 0.7312, China stocks' rout weighs

Aug 19, 2015 04:39 am UTC| Technicals

China stocks rout adds to the concerns of Chinas economic slowdown fuelling risk-off sentiment across the board. AUD/USD accelerated downside in the Asian session to hit fresh weekly lows by 0.7312 The pair has...

FxWirePro: Sell USD/JPY around 124.30-35 with SL around 124.65 for the TP of 123.55

Aug 19, 2015 03:20 am UTC| Technicals

USD/JPY has broken minor trend line support at 124.30 which confirms short term weakness , a decline till 123.50 cannot be ruled out. The minor resistance is around 124.60 and any break above would extend gains till...

FxWirePro: USD/CHF is approaching resistance level at 0.9777, buy deals are recommended around 0.9735

Aug 18, 2015 14:15 pm UTC| Technicals

USD/CHF pair is approaching resistance level at 0.9777, the support level at 0.9726 has been supportive for the bears in the recent past, and a strong rebound is expected soon around 0.9725 levels, as dollar is set to gain...

FxWirePro: EUR/USD key support at 1.0985, bullish in the short term

Aug 18, 2015 13:23 pm UTC| Technicals

The pair has slipped from daily highs from 1.1090 levels to testing support level at 1.1030,the pair is expected to, rebound around 1.1010 levels and advance further towards 1.1050 and 1.1080 levels in the short...

FxWirePro: USD/JPY key resistance at 124.49, buy deals are recommended around 124.00

Aug 18, 2015 12:28 pm UTC| Technicals

USD/JPY is approaching to break resistance level at 124.23. The support level at Anchor123.78 isvery strong and set to hold the bears from falling further below 123.78 levels. The pair is set to rebound around 124.00...

FxWirePro: AUD/USD edges higher from session lows at 0.7327, momentum still with the bears

Aug 18, 2015 12:25 pm UTC| Technicals

AUD/USD hammered lower in the European Session, as markets contemplate on Sept Fed rate hike in light of RBA minutes 4 hourly cloud base at 0.7327 offers strong support, price bounced off from here, but momentum...

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Economy

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

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

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

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

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

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

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

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

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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

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....