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FxWirePro: EUR/KRW moves in stiff boundaries, stay bearish only below 1,270

May 14, 2018 01:34 am UTC| Technicals

EUR/KRW is currently trading around 1,273 mark. Pair made intraday high at 1,275 and low at 1,273 levels. Intraday bias remains neutral till the time pair holds immediate support at 1,267 mark. A sustained...

FxWirePro: USD/CHF Trade Idea

May 11, 2018 12:04 pm UTC| Technicals

Major resistance 1.0060 USDCHF has formed almost a double top at 1.00560 and started to consolidate within narrow range. Any convincing break below 1.000 confirms minor weakness and a dip till 0.9900 is...

FxWirePro: GBP/USD recovers sharply from low of 1.3460, good to buy on dips

May 11, 2018 11:56 am UTC| Technicals

GBP/USD has declined more than 160 pips sharply after more dovish BOE monetary policy. BOE has kept its interest rates unchanged at 0.5% and said inflation has fallen more than expected. In addition Interest rates is...

FxWirePro: EUR/USD recovers sharply on cool US inflation data, good to sell on rallies

May 11, 2018 11:53 am UTC| Technicals

EURUSD is showing a major recovery of almost more than 125 pips after hitting new 2018 low of 1.8228. US CPI data came at 0.2% for the month of Apr compared to forecast of 0..3%. the slight decline in inflation has reduced...

USDCHF faces strong support at 1.000, any break below targets 0.9900

May 11, 2018 11:06 am UTC| Technicals

Major resistance 1.0060 USDCHF has formed almost a double top at 1.00560 and started to consolidate within narrow range. Any convincing break below 1.000 confirms minor weakness and a dip till 0.9900 is...

FxWirePro: Cable forms 3-black crows, consolidation phase breaks below channel support and on verge of 4m lows – Trade and short hedge via delta puts

May 11, 2018 10:54 am UTC| Technicals

Cable forms 3-black crows which is bearish in nature on weekly plotting. While spinning top and long-legged doji patterns restrain todays rallies below DMAs, bears have managed to breach below channel support on 20th April...

FxWirePro: Stay long AUD/CHF on breakout at 200-DMA and major trendline resistance

May 11, 2018 10:03 am UTC| Technicals

AUD/CHF is trading 0.10% higher on the day at 0.7559 at the time of writing. The pair has shown a decisive breakout above 200-DMA, we see scope for further upside. Technical indicators are biased higher. Momentum...

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Economy

Iran War Fallout: How Sri Lanka, Pakistan, and Egypt Are Struggling With Rising Energy Costs

Sri Lankas tourism industry was hoping 2025 would finally mark a full recovery from years of economic hardship. Instead, the outbreak of war involving Iran sent oil prices surging 40%, forcing the government to raise fuel...

Italy's Bond Market Under Pressure as Middle East Conflict Exposes Economic Fragility

Italys financial vulnerabilities have come into sharp focus amid ongoing conflict in the Middle East, with surging energy costs and mounting political uncertainty weighing heavily on Italian government bonds. In March,...

Asia FX Slides as Dollar Surges Amid U.S.-Iran Tensions and Inflation Fears

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Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

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Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

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Politics

U.S. Blockade of Iran Begins as Nuclear Talks Collapse in Islamabad

Tensions between the United States and Iran have sharply escalated after weekend diplomatic talks in Islamabad ended without an agreement, prompting Washington to announce a full naval blockade of Iranian ports and coastal...

U.S., Australia, and Philippines Conduct Joint South China Sea Military Drills Amid Rising Tensions With China

The United States, Australia, and the Philippines wrapped up their second trilateral maritime exercises of 2025 in the South China Sea, reinforcing their collective commitment to freedom of navigation and regional security...

South Korea and Poland Forge Comprehensive Strategic Partnership Centered on Defence

South Korean President Lee Jae-myung and Polish Prime Minister Donald Tusk formally elevated bilateral ties to a comprehensive strategic partnership on Monday, placing defence cooperation at the heart of the upgraded...

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

Taiwans top security official has made clear that any response to Chinas latest proposed trade and tourism measures must be government-led, not driven by opposition party diplomacy. National Security Bureau chief Tsai...

Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

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

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...

Technology

AI Deradicalization Tools: How Chatbots Could Help Combat Violent Extremism Online

As artificial intelligence platforms become more deeply embedded in daily life, concerns about their role in enabling dangerous behavior continue to grow. A New Zealand startup is now developing a groundbreaking tool that...

Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees

Meta Platforms is reportedly developing a photorealistic artificial intelligence version of its CEO, Mark Zuckerberg, designed to engage directly with employees on his behalf. According to the Financial Times, which cited...

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

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...
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