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FxWirePro: USD/SGD remains well supported above 1.3500 mark, bias remains bullish

Apr 16, 2019 02:39 am UTC| Technicals

USD/SGD is currently trading around 1.3533 marks. It made intraday high at 1.3537 and low at 1.3524 levels. Intraday bias remains bullish till the time pair holds key support at 1.3515 mark. A daily close...

FxWirePro: Chinese yuan trades marginally lower despite higher than expected house price data

Apr 16, 2019 02:21 am UTC| Technicals

USD/CNY is currently trading around 6.7112 marks. It made intraday high at 6.7113 and low at 6.7071 levels. Intraday bias remains slightly bullish for the moment. A sustained close above 6.7210 marks will...

FxWirePro: EUR/KRW moves directionless since six months, stay neutral

Apr 16, 2019 01:12 am UTC| Technicals

EUR/KRW is currently trading around 1,281 mark. It made intraday high at 1,282 and low at 1,280 levels. Intraday bias remains neutral for the moment. A sustained close above 1,289 will take the parity higher...

FxWirePro: AUD/NZD holds 5-DMA support, intraday bias bullish

Apr 15, 2019 12:59 pm UTC| Technicals

AUD/NZD chart - Trading View AUD/NZD edges higher from session lows at 1.0581, bias higher. The pair is trading at 1.0612 at 1235 GMT, up 0.11% at the time of writing. Price action is above major EMAs and...

FxWirePro: EUR/CHF extends gains above 50-DMA, eyes 200-DMA at 1.1363

Apr 15, 2019 11:45 am UTC| Technicals

EUR/CHF chart - Trading View EUR/CHF is extending gains above 50-DMA, breaks into daily cloud. Price action has broken above major EMAs and is on track to test 200-DMA at 1.1363. The pair is currently...

FxWirePro: AUD/CAD bears resume as gravestone doji pops up near stiff resistance hampers previous bullish momentum

Apr 15, 2019 11:43 am UTC| Technicals

The display ofAUDUSDsgravestone doji has been signaling the exhaustiveness of the previous bullish swings. The stiff resistance is observed at 0.9563 levels. Gravestone doji is traced out at 0.9568 levels which is 5...

FxWirePro: EURUSD struggles to hold above 1.1300 level, good to sell on rallies

Apr 15, 2019 11:17 am UTC| Technicals

Potential Reversal Zone (PRZ)- 1.13350 EURUSD is consolidating after hitting high of 1.3238 on Friday. It is trading higher for past two weeks and jumped more than 140 pips from low of 1.18500.The jump was mainly...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

Oil prices continued their downward trend during Asian trading hours on Thursday, pressured by fading geopolitical risk and a larger-than-expected rise in American crude stockpiles. Brent crude futures for June delivery...

Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

Gold prices climbed sharply on Wednesday, marking the sixth gain in eight sessions as easing geopolitical tensions between the United States and Iran renewed investor appetite for the precious metal. Spot gold XAU/USD rose...

South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

Republican congressional leaders have unveiled a two-pronged legislative strategy to end the ongoing Department of Homeland Security funding deadlock, aiming to reopen the agency, ensure federal workers receive back pay,...

Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

President Donald Trump urged nations facing jet fuel shortages caused by Irans blockade of the Strait of Hormuz to simply purchase their supply from the United States. We have plenty, Trump posted on Truth Social. But...

FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

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...

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...

Technology

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...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...
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