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Sun, Apr 12, 2026 11:20 AM All times are UTC

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FxWirePro: US oil extends consolidation with successive spinning tops, technicals show no signs of weakening

Jul 05, 2018 12:38 pm UTC| Technicals

US oil is extending consolidation for the 3rd straight session. We see back-to-back spinning tops at highs which suggests indecision. Price saw brief dip as Irans OPEC Governor Hossein Kazempour called for Trump...

FxWirePro: AUD/USD retraces from lows, hovers around 0.74 handle, focus on FOMC minutes for further direction

Jul 05, 2018 12:10 pm UTC| Technicals

AUD/USD has edges higher from session lows at 0.7361, retakes 0.74 handle. Focus on FOMC minutes for further direction. The major trades in long term downtrend and was rejected shy of 21-EMA on Wednesdays...

FxWirePro: EUR/GBP fades spike on hawkish ECB comments, retraces below 200-DMA

Jul 05, 2018 11:42 am UTC| Technicals

EUR/GBP rebounded from the 0.8800 level on hawkish ECB headlines. A Bloomberg report, citing sources noted that some ECB members see a rate hike at the end of 2019 as too late. The major hit highs of 0.8841...

FxWirePro: GBP/USD trades higher as strong UK economic data raises hopes of Aug rate hike by BOE, markets eye US Fed minutes meeting for further direction

Jul 05, 2018 11:22 am UTC| Technicals

GBP/USD recovered sharply in this week from low of 1.30953 made on Jul 2nd2018.Cable recovered more than 150 pips and is currently trading at 1.32445. The major UK economic data released this week came slightly better than...

FxWirePro: NZD/JPY short-term bulls take-off on hammer pattern, bears stimulate as gravestone doji breaches descending triangle support in major trend

Jul 05, 2018 11:13 am UTC| Technicals Insights & Views

NZDJPY has constantly been tumbling ever since the formation of back-to-back shooting stars at 77.311 and 77.482 levels in the minor trend, the hammer pattern has occurred at 74.681 levels to bounce back (refer daily...

FxWirePro: NZD/JPY short-term bulls take-off on hammer pattern, bears stimulate as gravestone doji breaches descending triangle support in major trend

Jul 05, 2018 11:13 am UTC| Technicals Insights & Views

Digital Currency Revolution

FxWirePro: ETH/USD extends consolidation, further bullishness only on decisive break above 500

Jul 05, 2018 11:05 am UTC| Digital Currency Technicals

ETH/USD continues to consolidate in a narrow range below 500 levels on Thursday. It is currently trading at 474 levels at the time of writing (Coinbase). On the upside, the pair is currently testing 473 (20-DMA) and a...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

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...

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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...