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USDCAD: Double bottom and minor trend line break out

Apr 04, 2019 10:14 am UTC| Technicals

Minor trend line resistance - 1.3340 (trend line joining 1.3450 and 1.33720) USDCAD has formed almost a double bottom around 1.3290 and shown a more than 50 pips jump. The pair has halted its 4 days of losing...

FxWirePro: NZD/USD Daily Outlook

Apr 04, 2019 10:05 am UTC| Technicals

NZD/USD chart - Trading View Candlestick Pattern: Inverted Hammer Chart Pattern: Symmetric Triangle Technical Analysis: - NZD/USD rejected at 110-EMA resistance - RSI below 50, bias bearish - Stochs are at...

FxWirePro: USDCHF trades range bound, any break above parity level confirms bullishness

Apr 04, 2019 09:41 am UTC| Technicals

Major resistance- 0.9998 (50- day MA) USDCHF is consolidating in narrow range for past two weeks between 0.98944 and 1.000. It is struggling to close above parity level. US dollar has halted its long winning streak...

FxWirePro: AUD/JPY Trade Idea

Apr 04, 2019 09:37 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY is trading at 79.61 at 0827 GMT, capped below stiff resistance at 110-EMA. Upbeat data and signs of progress in Sino-U.S. trade talks likely to support Aussie. Technical...

FxWirePro: CADJPY forms Bearish bat pattern, good to sell on rallies

Apr 04, 2019 08:00 am UTC| Technicals

Harmonic pattern- Bearish Bat pattern Potential Reversal Zone (PRZ)- 84.10 As per our analysis CADJPY is showing weakness after jumping till 83.84 yesterday.CAD was trading higher for past 1- week on account...

FxWirePro: USD/ZAR consolidates around 14.15 mark, stay neutral

Apr 04, 2019 07:58 am UTC| Technicals

USD/ZAR is currently trading around 14.19 levels. It made intraday high at 14.21 and low at 14.12 levels. Intraday bias remains neutral till the time pair holds key support at 14.07 mark. A daily close...

FxWirePro: GBPJPY trades higher on positive Brexit news, good to buy on dips

Apr 04, 2019 06:55 am UTC| Technicals

GBPJPY is trading in narrow range yesterday after hitting high of 147.19. Due to Brexit uncertainty GBP trades highly volatile. It is holding higher against USD and any break above 1.3200 confirms further bullishness. UK...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

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Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

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South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

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Politics

U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin

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Trump Signs Executive Order Tightening Mail-In Voting Rules Amid Legal Backlash

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Trump Attends Supreme Court Hearing on Birthright Citizenship Restrictions

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Rubio Calls for Democratic Transition and Free Elections in Venezuela

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U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

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Science

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

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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

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Technology

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

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Apple Turns 50: From Garage Startup to AI Crossroads

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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...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...
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