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FxWirePro: AUD/NZD pauses 5-day winning streak, pullback holds 200-DMA support

Feb 16, 2021 11:57 am UTC| Technicals

AUD/NZD chart - Trading View Technical Analysis: Bias Neutral - AUD/NZD trades 0.23% lower on the day at 1.0733 at around 11:40 GMT - Pullback has held support at 200-DMA (1.0719), break below to see more...

FxWirePro: NZD/USD extends bullish momentum, hits new 6-weeks high at 0.7268

Feb 16, 2021 10:49 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD tracks Aussie higher to hit new 6-week highs at 0.7268, scope for further gains. The major was trading 0.53% higher on the day at 0.7262 at around 10:40 GMT, after closing 0.12%...

FxWirePro: CHFJPY Daily Outlook

Feb 16, 2021 10:13 am UTC| Technicals

Ichimoku analysis (hourly chart) Tenken-Sen- 118.65 Kijun-Sen- 118.31 CHF/JPY has halted its thirteen-week of the bullish trend. The pair was one of the best performers in the past 3 months has surged...

Trade Idea EURUSD (Intraday)

Feb 16, 2021 09:35 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.21318 Kijun-Sen- 1.21159 EURUSD is trading higher and holding above 1.21500 on upbeat market sentiment. The Coronavirus vaccination rollout, declining new...

FxWirePro: EUR/JPY extends previous session's gains, on track to test 61.8% Fib at 128.67

Feb 16, 2021 09:17 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY refreshes 26-month high above 128 handle, more upside on cards as bulls show no sign of exhaustion. The pair has been on the bull run for the 4th consecutive month and price...

FxWirePro: GBPJPY Daily Outlook

Feb 16, 2021 08:08 am UTC| Technicals

Ichimoku Analysis (1-hour Chart) Tenken-Sen- 144.74 Kijun-Sen- 143.29 GBPJPY is trading higher for an eleventh consecutive week and surged more than 1000 pips on the strong Pound sterling. GBPUSD holding well...

FxWirePro: USD/JPY hovers at crucial 200-DMA resistance, dollar tracks treasury yields higher

Feb 16, 2021 06:31 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading 0.14% higher on the day at 105.50 at around 06:15 GMT, bias is bullish. The pair hovers around crucial 200-DMA resistance and decisive break above is likely to propel...

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Economy

Asian Stock Markets Rise as Australian Shares Rally; Investors Eye U.S. Jobs Data and China Inflation

Asian stock markets posted modest gains on Wednesday, led by a strong rally in Australian shares, as investors weighed softer-than-expected Chinese inflation data and awaited key U.S. jobs figures that could influence...

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

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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

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Politics

House Rejects GOP Effort to Block Challenges to Trump Tariffs in Narrow Vote

The U.S. House of Representatives rejected a Republican-led effort to block legislative challenges to President Donald Trumps tariffs in a razor-thin 217-214 vote on Tuesday, marking a significant political setback for...

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

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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...

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

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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

ByteDance Advances AI Chip Development With Samsung Manufacturing Talks

Chinas ByteDance is accelerating its push into artificial intelligence hardware, reportedly developing its own AI chip while holding discussions with Samsung Electronics for manufacturing support. The TikTok parent company...

SMIC Shares Slide Despite Strong AI-Driven Earnings as Margin Pressure Looms

Shares of Semiconductor Manufacturing International Corp (HK:0981), Chinas largest contract chipmaker, declined 3.6% to HK$68.95 in Hong Kong trading on Wednesday, underperforming the Hang Seng Index, which edged up 0.4%....

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...
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