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FxWirePro: South Korean won rises gradually against euro, faces key support at 1,321 mark

Jun 18, 2019 01:11 am UTC| Technicals

EUR/KRW is currently trading around 1,329 mark. It made intraday high at 1,330 and low at 1,328 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 1,340 mark. A...

EURUSD: Buy on dips

Jun 17, 2019 12:55 pm UTC| Technicals

Major support - 1.12000 EURUSD has formed a double bottom around 1.1200 and shown a minor recovery till 1.12469 level at the time of writing and is currently trading around 1.12393. In the hourly chart the...

FxWirePro: USDCAD trades higher on broad based US dollar buying, good to buy on dips

Jun 17, 2019 10:56 am UTC| Technicals

USDCAD has broken major resistance around 1.3340 and jumped more than 70 pips. It hits high of 1.34220 and is currently trading around 1.34087. The reason for major jump is due to Broad based US dollar buying and...

USDCHF eyes parity level, any break above targets 1.0050

Jun 17, 2019 09:52 am UTC| Technicals

USDCHF has broken major resistance 0.9960 after a long consolidation and jumped till 0.99980 at the time of writing. The jump was mainly sue to broad based US dollar buying. US dollar index has jumped more than 100 pips...

FxWirePro: Silver fails to find support above $15.00 mark, bias remains bearish

Jun 17, 2019 08:09 am UTC| Technicals

XAG/USD is currently trading around $14.80 marks. It made intraday high at $14.87 and low at $14.70 levels. Intraday bias remains bearish till the time pair holds key resistance at $14.87 mark. A daily close...

Crypto Technicals: Ripple bounces off 50-DMA support, on track to test $0.47

Jun 17, 2019 08:05 am UTC| Digital Currency Technicals

XRP/USD chart - Trading View Exchange - Binance Support: 0.4148 (5-DMA); Resistance: 0.47 (Dec 2018 high) Technical Analysis: Bias Bullish Ripple bounces off 50-DMA support, bias is turning bullish (5-DMA has...

GBPJPY: Sell below 136.50

Jun 17, 2019 07:40 am UTC| Technicals

Major support - 136.50 GBPJPY has formed almost a triple bottom near 136.50 and is consolidating around that level. The pair has formed major top around 148.87 and declined more than 1200 pips. The decline was...

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Economy

UAE's Largest Natural Gas Facility Suspended After Attack-Triggered Fire

Abu Dhabi authorities have temporarily halted operations at Habshan, the United Arab Emirates largest natural gas processing facility, following a devastating attack that triggered a major fire at the site. The incident...

Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

President Donald Trump has unveiled a bold federal budget proposal for fiscal year 2027, signaling a dramatic realignment of national spending priorities. The plan centers on a significant expansion of military funding...

U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

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

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

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Politics

U.S. F-15E Shot Down Over Iran: One Crew Member Recovered Amid Escalating Conflict

A United States F-15E Strike Eagle fighter jet has been shot down over Iranian territory, marking the first confirmed incident of its kind since the start of the nearly five-week conflict between the U.S., Israel, and...

Judge Blocks DOJ Subpoenas in Federal Reserve Investigation, Delaying Powell Succession

A federal judge in Washington, D.C. has once again ruled against the Justice Departments efforts to revive a criminal investigation targeting Federal Reserve Chair Jerome Powell, dealing another significant blow to what...

Congo in Talks With Trump Administration to Accept Third-Country Deportees

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Russia's Easter Strikes Kill Multiple Civilians Across Ukraine

In a significant escalation of its ongoing war against Ukraine, Russia launched a massive daytime strike on Friday, killing at least six people across multiple regions, including Kyiv, Zhytomyr, Donetsk, and Kharkiv....

Iran Rejects U.S. Ceasefire Proposal Amid Ongoing Tensions

An unnamed source revealed to Irans semi-official Fars news agency on Friday that Tehran has turned down a ceasefire proposal put forward by the United States. According to the source, the offer was extended on Wednesday...

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

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

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

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...

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...
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