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FxWirePro: EUR/USD downside capped by 5 day MA, good to buy on dips

Sep 24, 2018 11:39 am UTC| Technicals

EUR/USD pare some of its gains made on Friday. The pair hits 2.5 month high at 1.180247 and lost more than 75 pips. It hits low of 1.17240 at the time of writing and is currently trading around 1.17677. German Ifo business...

FxWirePro: Buy USD/CAD on dips

Sep 24, 2018 11:37 am UTC| Technicals

Chart pattern - Double Bottom USDCAD has shown a minor jump of more than 50 pips from the low of 1.28843. It has formed almost a double bottom at 1.2880 and any further weakness only below that level. On the...

Bitcoin bears drift in sideways through downward trend-line and descending triangle, but institutional interests intact despite SEC’s clampdown

Sep 24, 2018 11:33 am UTC| Technicals Digital Currency Insights & Views

Bitcoin continued its last weekends bearish sentiments, it has currently been, trading at $6,618.6 levels while articulating,BTCUSDtrend slides through descending triangle resistance, although bulls bounce back above...

FxWirePro: EUR/NOK enjoys roller coaster movement, consistent close above 9.6057 requires for upside rally

Sep 24, 2018 08:35 am UTC| Technicals

EUR/NOK is currently trading at 9.5760 levels. It made intraday high at 9.5787 and low at 9.5610 levels. Intraday bias remains neutral for the moment. A sustained close below 9.5652 will test key supports at...

FxWirePro: USD/TRY consolidates around 6.27 mark, Turkish’s manufacturing confidence data in focus

Sep 24, 2018 07:55 am UTC| Technicals

USD/TRY is currently trading at 6.2596 levels. It made intraday high at 6.3292 and low at 6.2572 levels. Intraday bias remains neutral for the moment. Key resistances are seen at 6.3775, 6.4050, 6.4630 and...

FxWirePro: GBP/JPY forms bearish engulfing pattern, good to sell on rallies

Sep 24, 2018 07:32 am UTC| Technicals

Candle stick pattern- Bearish Engulfing pattern Major support - 146.70 (10- day MA) GBPJPY has dropped sharply from high of 149.71 on Friday. The pair lost more than 250 pips on Brexit uncertainty. GBP was...

Steller’s stellar upsurge on hammer formations, gravestone doji creates traction for bulls - XLM/USD buying setup

Sep 24, 2018 07:02 am UTC| Technicals Digital Currency

Stellar (XLMUSD), has been one of the star performers in the last couple of days (especially last weeks rallies). The pair has shown an upsurge about more than 20 percent per day (couple of times in last weeks rallies),...

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Economy

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

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...

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

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

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...
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