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FxWirePro: USD/CHF approaching resistance at 0.9627, upside prevails

Jul 20, 2015 12:07 pm UTC| Technicals

USD/CHF pair is approaching to test resistance level at 0.9657 levels, the pair has broken resistance at 0.9594and is advance further towards 0.9657 levels. The pair is currently trading around 0.9627 levels. It is...

FxWirePro: EUR/USD approaching strong resistance at 1.0818, bearish in the short term

Jul 20, 2015 12:05 pm UTC| Technicals

The pair failed to close above resistance level at 1.0907, and is moving downwards to break support level at 1.0819. The pair is currently trading around 1.0840 levels. It is expected decline further towards 1.0750...

FxWirePro:EUR/GBP recovers from the low of 0.6925, good to sell on rallies

Jul 20, 2015 11:53 am UTC| Technicals

RES 4: 0.7156 (200 day 4 HMA) RES 3: 0.7095 (Kijun-Sen) RES 2: 0.7033 (Kijun-Sen) RES 1: 0.6970 (20 day 4 HEMA) PRICE: 0.6970@ 11:46MT SUP 1: 0.6970 (7 day 4 HEMA) SUP 2: 0.6940 (Jul 17th low) ...

FxWirePro: USD/JPY consolidating above the 124 handle

Jul 20, 2015 11:43 am UTC| Technicals

USD/JPY has pared some of the early gains after hitting a session high of 124.37 and is currently trading at 124.20 Trading was subdued in Asia due to the Japan Marine day holiday today Japans trade balance due Thursday...

FxWirePro: Aussie recovers from low of 0.7325, good to sell on rallies

Jul 20, 2015 11:35 am UTC| Technicals

RES 4: 0.7500 RES 3: 0.7495 (Jul 13th high) RES 2: 0.7436 (Jul 16th high) RES 1: 0.7390 ( 20 day 4 H EMA) PRICE: 0.73705 @ 10:33 GMT SUP 1: 0.7370 (Jul 8thlow) SUP 2: ...

FxWirePro: NZD/USD price action rejected at session highs by 0.6599, downtrend intact

Jul 20, 2015 09:43 am UTC| Technicals

Markets are pricing in the certainty that RBNZ will cut rates at its policy meeting on Thurs, the only question is whether by 25bp or 50bp If we see a 25bp cut on Thursday and no explicit signals for a further rate cut, a...

Kiwi extends rally on PM’s comment

Jul 20, 2015 09:29 am UTC| Technicals

The Kiwi surprised on the upside in very quiet trading session, made high at 0.6599 levels.A strong upside move was initiated by New Zealand Prime Minister John Key, who indirectly hinted at the possibility of the kiwi...

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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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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

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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

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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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