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FxWirePro: Copper bounces off from monthly lows, hovers around 200-DMA

Sep 21, 2021 10:39 am UTC| Technicals

COPPER chart - Trading View Prices of copper edged higher from near a one-month low on Tuesday, but outlook remained bearish. Potential debt crisis at China developer Evergrande Group spurred a sell-off across...

FxWirePro- CHFJPY analysis using Woodies CCI 

Sep 21, 2021 09:53 am UTC| Technicals

Major Intraday resistance -150.20 Intraday support- 149.50 CHFJPY recovered more than 100 pips from the minor bottom 117.54 on board-based Swiss franc strength. The risk aversion in global markets due to Evergrande...

FxWirePro: USD/JPY holds marginal gains, investors await Federal Reserve's guidance for tapering and interest rate hikes

Sep 21, 2021 09:40 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading 0.16% higher on the day at 109.55 at around 09:25 GMT, after closing 0.54% lower in the previous session. The pair slipped lower from session highs at 109.70 as the US...

FxWirePro: AUD/USD bounces off from three-week low, extends gains to test 5-DMA after Aussie ignores RBA minutes

Sep 21, 2021 09:20 am UTC| Technicals

AUD/USD chart - Trading View Spot Analysis: AUD/USD was trading 0.39% higher on the day at 0.7277 at around 09:00 GMT Previous Weeks High/ Low: 0.7375/ 0.7262 Previous Sessions High/ Low: 0.7268/...

FxWirePro- Trade GBPJPY using Woodies CCI

Sep 21, 2021 09:09 am UTC| Technicals

Major Intraday resistance -150.20 Intraday support- 149.50 GBPJPY has formed a double bottom around 149.17 and shown a nice pullback. It hits an intraday high of 150.11 and is currently trading around 150.05. The...

FxWirePro: NZD/USD erases dovish RBNZ-led losses, holds support at 50-DMA

Sep 21, 2021 06:10 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD pared dovish RBNZ-led losses and edged higher from session lows at 0.7000. The major was trading 0.06% higher at 0.7025 at around 05:40 GMT, after hitting session lows at...

FxWirePro- Gold Daily outlook

Sep 21, 2021 05:44 am UTC| Technicals

Ichimoku analysis (4-Hour chart) Tenken-Sen- $1754 Kijun-Sen- $1774 Gold showed a minor pullback after a more than $50 decline in the global financial crisis. The entire global stock markets plummet sharply due to...

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Economy

Asian Currencies Rise as Dollar Weakens Ahead of U.S. Payrolls Data; Aussie Hits Three-Year High

Asian currencies strengthened on Wednesday as the U.S. dollar extended its recent decline ahead of closely watched U.S. nonfarm payrolls data. The softer greenback provided broad support across regional foreign exchange...

Australian Central Bank Signals Tough Stance as Inflation Pressures Persist

A senior official at the Reserve Bank of Australia (RBA) has reinforced the central banks firm commitment to curbing inflation, warning that price pressures remain uncomfortably high despite signs of resilience across the...

Yen Strengthens as Japan Election Boosts Confidence, Dollar Wavers Ahead of U.S. Jobs Data

The Japanese yen held onto solid gains on Wednesday, supported by a strong rally in Japans stock market and growing optimism over the countrys political outlook following Prime Minister Sanae Takaichis landslide election...

Oil Prices Hold Firm as U.S.–Iran Talks and Inventory Data Shape Market Sentiment

Oil prices edged slightly higher on Wednesday as traders remained cautious, balancing ongoing U.S.Iran nuclear talks with fresh geopolitical risks and upcoming U.S. inventory data. Brent crude futures gained 23 cents, or...

China CPI Growth Slows While Producer Deflation Eases in January

Chinas inflation data for January showed a mixed picture, with consumer price growth moderating while factory-gate deflation continued to ease, according to figures released by the National Bureau of Statistics on...

Politics

Trump Executive Order Aims to Boost U.S. Coal Power Plants with Pentagon Support

U.S. President Donald Trump is expected to sign a new executive order directing the Pentagon to use federal funding and defense contracts to support struggling U.S. coal-fired power plants, according to a Bloomberg News...

FAA Confirms $1.5 Billion Peraton Contract as U.S. Air Traffic Control Overhaul Accelerates

The Federal Aviation Administration has confirmed that its contract with national security firm Peraton, the project manager for a sweeping $12.5 billion modernization of the U.S. air traffic control system, is valued at...

China Signals Strategic Rare Earth Push Amid Rising U.S. Competition

China has sent a fresh signal about the growing strategic importance of rare earth minerals as Premier Li Qiang, the countrys second-ranking official, inspected rare earth facilities in Jiangxi province this week,...

U.S. to Deploy 200 Troops to Nigeria to Train Military Against Islamist Militants

The United States is preparing to deploy approximately 200 troops to Nigeria to help train the countrys military in its fight against Islamist militant groups, according to a U.S. official. The deployment comes weeks after...

Tulsi Gabbard Winds Down Controversial Intelligence Task Force Amid Political Scrutiny

U.S. Director of National Intelligence Tulsi Gabbard has confirmed that she has wound down the Directors Initiatives Group (DIG), a task force she launched last year to combat what she described as politicization within...

Science

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

Russia Signals Further Restrictions on Telegram Amid Ongoing Regulatory Disputes

Russia is set to impose additional restrictions on Telegram, one of the countrys most widely used messaging platforms, after authorities said the app failed to address earlier violations of Russian law. The announcement...

Cloudflare Forecasts Strong Revenue Growth as AI Fuels Cloud Services Demand

Cloudflare has projected annual and first-quarter revenue above Wall Street expectations, signaling strong confidence in the growing demand for cloud services driven by rapid advancements in artificial intelligence. The...

Minnesota Governor Says Trump Immigration Crackdown Could End Soon

Minnesota Governor Tim Walz said Tuesday that the federal immigration crackdown ordered by President Donald Trumps administration in Minnesota could end within days, following direct conversations with senior White House...

xAI Co-Founder Jimmy Ba Departs as Elon Musk’s AI Startup Faces Turbulence

Jimmy Ba, a co-founder of xAI, announced on Tuesday evening that he is leaving the artificial intelligence startup, becoming the sixth founding member to exit the company in recent months. Ba shared the news in a post on...

Samsung Electronics Sees Sustained AI-Driven Demand for Memory Chips Into Next Year

Samsung Electronics expects strong demand for memory chips to remain robust throughout this year and extend into next year, driven largely by the rapid expansion of artificial intelligence technologies, according to a...
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