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FxWirePro: Silver falls gradually against U.S. dollar, downside limited

Jan 08, 2019 07:46 am UTC| Technicals

XAG/USD is currently trading around $15.53 marks. It made intraday high at $15.66 and low at $15.48 levels. Intraday bias remains bearish till the time pair holds key resistance at $15.63 mark. A daily close...

FxWirePro: Buy EUR/USD on dips

Jan 08, 2019 07:33 am UTC| Technicals

Major Resistance- 1.1500 EUR/USD was trading higher after a long consolidation and jumped nearly 90 pips. It hits high of 1.1440. The slightly dovish Fed and easing trade tension between US and China is supporting...

FxWirePro: USD/ZAR remains well supported below 14.00 mark, good to sell on rallies

Jan 08, 2019 07:12 am UTC| Technicals

USD/ZAR is currently trading around 13.94 levels. It made intraday high at 13.96 and low at 13.85 levels. Intraday bias remains slightly bullish for the moment. A daily close above 13.87 will take the...

FxWirePro: EUR/CAD breaks below 200-DMA, good to go short on rallies

Jan 08, 2019 07:02 am UTC| Technicals

EUR/CAD chart on Trading View used for analysis EUR/CAD has resumed weakness after a brief pause on Monday. The pair is trading 0.44% lower on the day at 1.5196 at 0650 GMT. Price action has broken below...

FxWirePro: Gold falls on easing geopolitical tension,good to sell on rallies

Jan 08, 2019 06:37 am UTC| Technicals

Gold has lost nearly $15 from yesterdays high of $1295 on easing trade war tension between US and China and recovering global stock prices.It is currently trading around $1284.50. The major three factors that drive gold...

FxWirePro: NZD/CAD breaks below 55-EMA, on track to test 200-DMA at 0.8893, stay short

Jan 08, 2019 06:34 am UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD grinds lower for the 3rd straight week, bias remains bearsih. Momentum with the bears. RSI is below 50 and biased lower. MACD supports weakness. The...

FxWirePro: EUR/CAD bearish engulfing in minor trend counters bullish engulfing in major trend – Short/long hedge for puzzling swings

Jan 08, 2019 06:08 am UTC| Technicals

Technical chart and candlestick patterns:Last monthsEURCAD, vigorous bullish momentum seems to have been shrunk away for now. The bullish engulfing pattern has occurred at 1.5617 levels on monthly terms, and hammer candles...

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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

The Democratic Republic of Congo is reportedly in discussions with the Trump administration about accepting deportees from third countries individuals who are not Congolese nationals but were living in the United States...

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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