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FxWirePro: CAD/JPY directional hedging as uptrend line cushions minor trend, major downtrend remains intact on head and shoulder pattern

Dec 04, 2019 08:54 am UTC| Technicals

CADJPYminor trendhas been spiking through uptrend line (refer daily chart). There has been tight tug of war between hammer and bearish engulfing, bulls, for now, seem to have been exhausted on overbought sentiments coupled...

FxWirePro: EUR/SEK at 1-week peak on Sweden's downbeat service PMI, jump till 10.5919 likely 

Dec 04, 2019 08:46 am UTC| Technicals

The Swedish Krona plunged to a fresh 1-week trough following the release of worse-than-expected service PMI. Swedens services PMI tumbled to a seasonally adjusted 47.9 in November from a downwardly revised 49.4 in the...

FxWirePro: Silver hits fresh 4 – week high at $17.30 mark, U.S. ADP job data in focus

Dec 04, 2019 08:30 am UTC| Technicals

XAG/USD is currently trading around $17.24 marks. It made intraday high at $17.30 and low at $17.11 levels. Intraday bias remains bullish till the time pair holds key support at $16.85 mark. A daily close...

FxWirePro: Sell USDJPY on rallies 

Dec 04, 2019 07:47 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 109.04 Kijun-Sen- 109.10 USDJPY continues to trade lower for 3 rd consecutive days and lost more than 100 pips on trade war uncertainty between the US and China....

Crypto Technicals: LTC/USD trades with bearish bias, breach at trendline support (42.50) will see drag till 88.6% Fib (36.29)

Dec 04, 2019 07:25 am UTC| Digital Currency Technicals

LTC/USD chart - Trading View Exchange - Coinbase Support: 42.50 (Trendline); Resistance: 45.89 (5-DMA) Technical Analysis: Bias bearish Litecoin continues to extend weakness for the 3rd straight session amidst...

FxWirePro: USD/ZAR back above 14.50 mark, stay neutral

Dec 04, 2019 06:32 am UTC| Technicals

USD/ZAR is currently trading around 14.61 levels. It made intraday high at 14.65 and low at 14.57 levels. Intraday bias remains neutral till the time pair holds key support at 14.54 mark. A daily close...

Crypto Technicals: ETH/USD hovers around 78.6% Fib (141.35), further weakness on charts

Dec 04, 2019 06:30 am UTC| Digital Currency Technicals

ETH/USD chart - Trading View Exchange - Coinbase Support: 141.35 (78.6% Fib); Resistance: 148.60 (5-DMA) Technical Analysis: Bias Bearish ETH/USD is extending downside for the 5th straight session, bias remains...

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Economy

U.S. Job Market Braces for Slow Recovery Amid Middle East Tensions and Economic Uncertainty

The U.S. labor market is expected to post modest gains in March, recovering from Februarys sharp drop of 92,000 jobs, but persistent headwinds are keeping economists cautious. A Reuters poll forecasts nonfarm payrolls...

Bank of Japan Eyes Further Rate Hikes Amid Middle East Tensions and Inflation Pressures

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Politics

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Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

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U.S. Strikes on Iran Draw War Crimes Warnings from International Law Scholars

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UN Confirms Sexual Exploitation Allegations Against Haiti Security Force Members

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Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

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

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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...

Technology

Australia's Social Media Ban for Under-16s Sparks Global Movement

Australias landmark social media ban for users under 16, which took effect in December, is reshaping digital policy conversations worldwide. Countries including Spain and Malaysia have signaled interest in adopting similar...

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...
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