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Sun, Apr 19, 2026 08:28 AM All times are UTC

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FxWirePro: XRP/USD trades lower, good to sell on rallies

Apr 05, 2018 13:23 pm UTC| Technicals

Major Intraday resistance -0.5500. Ripple has declined sharply after hitting high of 0.55140.It is currently trading around 0.47734. Any break above 0.5500 confirms minor intraday bullishness, a jump till...

FxWirePro: USD/CHF Trade Idea

Apr 05, 2018 12:36 pm UTC| Technicals

USD/CHF was trading higher yesterday and jumped almost 80 pips from the low of 0.9550.The pair hits high of 0.96303 and declined almost 30 pips from the high of 0.96303. The main reason for this jump is that easing US...

FxWirePro: GBP/JPY forms long legged doji, break below 150.25 confirms minor weakness

Apr 05, 2018 12:33 pm UTC| Technicals

GBP/JPY is trading extremely bullish after Trumps tweet on trade war on China. The pair jumped almost more than 125 pips after easing trade war worries. The increase in risk appetite has dragged safe haven assets like yen...

FxWirePro: GBP/USD trades lower on weaker services PMI, good to sell on rallies

Apr 05, 2018 12:15 pm UTC| Technicals

Major resistance- 1.4100. Cable has declined almost 72 pips from the high of 1.40970 after weak UK economic data. The pair hits low of 1.40241 and is currently trading around 1.40266. UK services PMI dipped to 51.7 in...

FxWirePro: EUR/USD trades flat, good to buy on dips

Apr 05, 2018 11:48 am UTC| Technicals

EUR/USD has shown a minor jump after hitting low of 1.22490. The pair is showing minor weakness after jumping till 1.23449 in this week. With no major economic release today, market eyes US Nonfarm payroll which is to be...

FxWirePro: Can it be EUR/AUD’s head and shoulder as upswings restrained below 21-DMA and gravestone doji pops up to signal weakness?

Apr 05, 2018 11:42 am UTC| Technicals

Chart and candlestick formed: EURAUD bulls manage to hit 14-months highs in the intermediate trend but the signs of sustenance seem dubious, as the pair forms gravestone pattern at the peaks of 1.6032 levels on the weekly...

FxWirePro: NZD/USD edges lower from 3-week highs at 0.7322, break below 50-DMA could see further weakness

Apr 05, 2018 11:18 am UTC| Technicals

NZD/USD edges lower from 3-week highs at 0.7322, trades 0.19% lower on the day. Price action has bounced off strong support at 200-DMA and we see major weakness only on break below. Technical studies are biased...

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Economy

Morgan Stanley Warns Against Overestimating EV Demand Boost from Rising Oil Prices

Morgan Stanley is urging caution among investors who believe that surging oil prices will automatically trigger a rapid recovery for South Korean battery manufacturers. While recent headlines have painted an optimistic...

Iran Closes Strait of Hormuz Again After Brief Reopening, Rattling Global Energy Markets

Hopes for a restoration of normal energy shipping through the Strait of Hormuz collapsed within hours on Saturday after Iran reimposed tight restrictions on the vital maritime corridor, just a day after declaring it open....

Uranium Bull Market Gains Momentum Amid Supply Deficits and Geopolitical Tensions

The uranium market is entering a powerful new phase, with structural supply shortfalls and rising energy security concerns driving long-term bullish momentum. A recent special report from BCA Research confirms that the...

Energy Price Spike Won't Trigger Lasting Inflation, Analysts Say

A new report from BCA Research suggests that the recent surge in energy prices, driven by ongoing Middle East tensions, is unlikely to spark a prolonged period of runaway inflation in major global economies. According to...

Australia Extends Fuel Sulphur Relaxation Amid Iran War Supply Disruptions

Australia has extended its temporary easing of fuel-quality standards through September, as ongoing disruptions from the Iran war continue to strain the countrys fuel supply chains. Energy Minister Chris Bowen confirmed...

Politics

Iran's Internal Power Struggle Threatens Strait of Hormuz Stability

Geopolitical tensions in the Middle East have intensified after Irans Islamic Revolutionary Guard Corps (IRGC) overturned a government decision to reopen the Strait of Hormuz, one of the worlds most critical energy...

North Korea Fires Multiple Ballistic Missiles Amid Growing Nuclear Ambitions

North Korea launched several ballistic missiles toward the sea off its eastern coast on Sunday, according to South Korea and Japan, marking Pyongyangs seventh ballistic missile test this year and its fourth in April alone....

North Korea Fires Ballistic Missile Eastward Amid Rising Global Tensions

South Koreas Yonhap news agency reported on Saturday that North Korea launched an unidentified ballistic missile in an easterly direction. Military officials in Seoul are still analyzing the missiles type and flight...

U.S.-Iran Tensions Escalate as Hormuz Crisis Deepens Amid Ceasefire Strains

Fragile ceasefire negotiations between the United States and Iran are facing serious pressure after a dramatic weekend of escalating confrontations in and around the Strait of Hormuz. New reporting from the Wall Street...

Brazil, Spain, and Mexico Unite to Support Cuba Amid U.S. Blockade

During a high-profile international summit held in Barcelona, the leaders of Brazil, Spain, and Mexico came together to announce a strengthened commitment to providing coordinated humanitarian aid to Cuba. The meeting,...

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

NVIDIA Acquisition Rumors Dismissed by Morgan Stanley as Strategically Flawed

Morgan Stanley analysts have moved to cool speculation that NVIDIA Corporation (NASDAQ: NVDA) is plotting a major acquisition of a U.S. PC original equipment manufacturer (OEM). According to the investment bank, such a...

Iran’s AI memes are reaching people who don’t follow the news – and winning the propaganda war

A Lego-style Iranian military commander raps over a gangster beat: Our inbox is flooded with Americans saying they dont watch the news. They listen to our songs instead since your media is full of shit. This is the opening...

OpenAI's $20 Billion Cerebras Deal Signals Massive AI Infrastructure Push

OpenAI is reportedly set to spend over $20 billion with AI chip startup Cerebras over the next three years, marking a significant expansion of an already substantial computing partnership. According to The Information, the...

Tesla's Terafab: AI Chip Factory Eyes Taiwan's Semiconductor Talent

Tesla is actively recruiting semiconductor engineers in Taiwan for its ambitious Terafab project a fully vertically integrated AI chip manufacturing facility that aims to consolidate logic, memory, packaging, testing, and...

Japan to Subsidize Sony's Image Sensor Plant in Kumamoto with $380 Million

The Japanese government has announced plans to provide Sony with subsidies of up to 60 billion yen, equivalent to approximately $380 million, to support the construction of an image sensor manufacturing facility in...