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FxWirePro: USD/SGD hovers around immediate resistance at 1.3690 mark, consistent close above requires for upside rally

Oct 01, 2018 02:21 am UTC| Technicals

USD/SGD is currently trading around 1.3678 marks. It made intraday high at 1.3684 and low at 1.3666 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3690 marks. A daily...

FxWirePro: South Korean won trades almost flat against euro despite robust manufacturing PMI data

Oct 01, 2018 01:51 am UTC| Technicals

EUR/KRW is currently trading around 1,286 mark. Pair made intraday high at 1,288 and low at 1,285 levels. Intraday bias remains neutral till the time pair holds key support at 1,285 mark. A sustained close...

FxWirePro: Japanese yen depreciates against U.S. dollar after mixed economic data, hits lowest level since November 2017

Oct 01, 2018 01:26 am UTC| Technicals

USD/JPY is currently trading around 113.87 marks. It made intraday high at 113.92 and low at 113.69 levels. Intraday bias remains bullish till the time pair holds key support at 113.32 mark. A daily close...

FxWirePro :Sell CHF/JPY on rallies

Sep 28, 2018 12:55 pm UTC| Technicals

As per our analysis CHFJPY has shown a heavy sell-off of more than 100 pips and hits low of 115.90 level. The pair has lost more than 150 pips this week on broad based Swiss franc selling. It is currently trading around...

FxWirePro :EUR/USD trades lower on Italy budget deficit and widening German-Italy 10- year spread, good to sell on rallies

Sep 28, 2018 11:48 am UTC| Technicals

EURUSD is trading weak for second consecutive day . The pair lost more than 180 pips in past two trading session. The main reason was due to slightly hawkish rate hike by Fed.The pair decline was further supported by...

FxWirePro: XAU/USD (Gold) bears likely to hit multi-month lows on double top formation, capitalize on mild upswings to short

Sep 28, 2018 10:57 am UTC| Technicals

Despite an eventful summer and an almost 6% slide in gold price over the past three months, gold vols under-delivered across strikes and tenors. Technically, on intraday plotting Gold (XAUUSDprice) formed dragonfly doji...

FxWirePro: US Dollar index recovers more than 80 pips yesterday and trades well above 100- day MA, jump till 95.75 likely

Sep 28, 2018 07:26 am UTC| Technicals

Ichimoku Analysis (Daily chart) Tenken - Sen - 94.41 Kijun- Sen - 94.77 As per our analysis US dollar index recovered drastically almost more than 80 pips from the low of 94.21 made yesterday. US fed...

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Economy

Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

Gold prices edged lower during Asian trading on Thursday, retreating after modest gains in the previous session as investors continued monitoring escalating Middle East tensions threatening a fragile ceasefire between the...

Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets

Oil prices recovered Thursday following their sharpest single-day decline since April 2020, as ongoing disruptions in the Strait of Hormuz and escalating Middle East tensions renewed fears over global crude supply. By...

U.S. Futures Dip as Iran Ceasefire Faces Early Challenges

U.S. stock index futures edged slightly lower Wednesday evening as investors monitored the fragile state of a newly announced Iran-U.S. ceasefire agreement. The cautious overnight movement followed an exceptional trading...

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Politics

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

Haitis Provisional Electoral Council (CEP) has officially announced the postponement of a voter registration drive that was originally set to begin on April 1. The council stated that updated registration dates would be...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

The Federal Communications Commission is escalating its crackdown on Chinese technology by preparing to vote on a sweeping proposal that would prohibit all Chinese laboratories from testing electronic devices intended for...

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

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...