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FxWirePro: USDCAD breaks major trend line resistance on weak crude oil price, jump till 1.3380 possible

Feb 26, 2019 13:15 pm UTC| Technicals

Major trend line resistance- 1.3195 USDCAD has recovered sharply from low of 1.31127 made yesterday on account of decline in crude oil price. Oil price tumbled sharply after Trump tweeted that Oil prices getting too...

FxWirePro: NZD/USD rangebound ahead of Powell's speech, technical bias higher

Feb 26, 2019 12:38 pm UTC| Technicals

NZD/USD chart on Trading View used for analysis NZD/USD has paused 2 straight sessions of gains and is trading in a tight range on the day. Markets look forward to Powells speech at the beginning of the Fed...

FxWirePro: GBP/AUD breaks major trendline resistance at 1.8460, eyes 88.6% Fib at 1.8555

Feb 26, 2019 12:11 pm UTC| Technicals

GBP/AUD chart on Trading View used for analysis GBP/AUD spikes past major trendline resistance at 1.8460, bias higher. The pound sterling buoyed across the board after UK PM May finally acknowledges that the...

FxWirePro: Shooting star nudges gold prices below 7-DMAs, can it form triple top?

Feb 26, 2019 12:06 pm UTC| Technicals

Technical glance:Gold (XAUUSDprice) has continued to sense selling sentiments after shooting star and bearish engulfing formations at $1,338.10 and $1,323.40 levels respectively (on daily plotting). Consequently, bears...

FxWirePro: NZD/CHF rangebound above 5-DMA, weakness only on break below

Feb 26, 2019 11:40 am UTC| Technicals

NZD/CHF chart on Trading View used for analysis NZD/CHF is trading in a narrow range with session high at 0.6892 and low at 0.6869. The pair is holding support at 5-DMA and break below will see weakness til...

FxWirePro:USD/CHF Trade Idea

Feb 26, 2019 11:34 am UTC| Technicals

Chart Pattern- Descending Triangle pattern Major support- 0.9980 USDCHF is consolidating in narrow range between 0.99847 and 1.00245 for past 4 trading session. The pair is struggling to close above parity...

FxWirePro:EURUSD trades slightly higher, markets eye Fed Powell testimony

Feb 26, 2019 11:33 am UTC| Technicals

EURUSD is trading higher and has jumped more than 20 pips in European session. The pair hits intraday high of 1.13679 at the time of writing and is currently trading around 1.13650.Markets eye Fed Chairman Powell testimony...

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Economy

RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses

Indian banks are bracing for heightened uncertainty after the Reserve Bank of India (RBI) tightened its grip on currency markets, barring lenders from offering rupee non-deliverable forwards (NDFs) to both resident and...

Oil Prices Surge Over $5 as Trump Vows to Continue Iran Strikes

Global oil prices jumped sharply on Thursday after President Donald Trump declared that the United States would press forward with military strikes against Iran, stopping short of outlining any concrete timeline or exit...

Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict

President Donald Trump addressed the nation Wednesday evening, declaring that U.S. military operations against Iran were nearing their core objectives but warned that intensive strikes would continue for another two to...

Trump Threatens Escalation Against Iran, Warns of Infrastructure Strikes

President Donald Trump announced Wednesday that the United States would significantly intensify its military operations against Iran within the next two to three weeks, while warning of devastating strikes on the countrys...

Asian Stocks Drop as Trump Signals Iran War Escalation

Asian equity markets retreated sharply on Thursday, erasing earlier gains as U.S. President Donald Trump announced plans to intensify military operations against Iran within the next two to three weeks. The remarks sent...

Politics

Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep

A federal judge in California has found that U.S. Customs and Border Protection (CBP) officials violated a prior court order when they conducted a warrantless immigration sweep at a Sacramento Home Depot parking lot. U.S....

Coral Springs Vice Mayor Nancy Metayer Bowen Killed in Suspected Domestic Violence Incident

Nancy Metayer Bowen, the 38-year-old vice mayor of Coral Springs, Florida, was fatally shot at her home on Wednesday in what authorities are investigating as a domestic violence homicide. Her husband, Stephen Bowen, 40,...

Trump Administration Plans 100% Tariffs on Pharmaceutical Imports

The Trump administration is moving forward with plans to impose tariffs as high as 100% on pharmaceutical imports, according to a Financial Times report citing sources familiar with the matter. The levies could be...

Trump Defends U.S.-Israel War on Iran in Prime-Time Address as Public Support Wanes

President Donald Trump took to prime-time television Wednesday night to defend the ongoing U.S.-Israeli military campaign against Iran, now entering its second month. In a 19-minute White House address, Trump claimed...

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...

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

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

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...