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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...

FxWirePro: AUD/NZD consolidates break below 78.6% Fib, further weakness on charts, stay short

Apr 05, 2018 10:56 am UTC| Technicals

AUD/NZD is consolidating break below 78.6% Fib retracement of 1.03706 to 1.12899 rally at 1.05673. Price has edged higher from fresh 8-month lows at 1.0526, bias still bearish. Technical indicators are biased...

FxWirePro: USD/CHF trades well above trend line resistance, jump till 0.9660 likely

Apr 05, 2018 10:53 am 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: EUR/NZD recovery lacks traction, close below 1.6820 eyes 200-DMA at 1.6626

Apr 05, 2018 10:35 am UTC| Technicals

EUR/NZD recovery lacks traction, we see scope for further downside. The pair has paused 2 consecutive sessions of losses and is currently trading 0.34% higher on the day. Technical studies are biased lower and we...

FxWirePro: AUD/CAD recovery capped at 5-DMA, hovers around 200W SMA at 0.9817

Apr 05, 2018 09:24 am UTC| Technicals

AUD/CAD recovery capped at 5-DMA at 0.9859, the pair slips lower on the day. The pair is trading 0.38% lower on the day at 0.9812, bias still bearish. We see some consolidation below 200-DMA at 0.9867, decisive...

FxWirePro: USD/TRY jumps above 4.00 mark, stay bullish

Apr 05, 2018 07:45 am UTC| Technicals

USD/TRY is currently trading at 4.0178 levels. It made intraday high at 4.0291 and low at 3.9944 levels. Intraday bias remains bullish till the time pair holds key support at 3.9845 levels. Key resistances...

EUR/USD bears repeat the history, FxWirePro spots out gravestone doji that shows effects

Apr 05, 2018 07:45 am UTC| Technicals

Just about a week ago we at FxWirePro had spotted out Gravestone doji, long-legged doji and shooting star patterns at 1.2443, 1.2449 and 1.2430 levels respectively. We reiterate that we had already raised a cause of...

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Economy

Asian Currencies Hold Steady Amid Iran Peace Talks and BOJ Rate Hike Uncertainty

Asian currencies traded in a narrow range on Friday as investors remained cautious ahead of further U.S.-Iran peace negotiations, while the Japanese yen slipped after the Bank of Japans governor signaled little urgency to...

South Korea's Capital Markets Rebound as Foreign Investors Return

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U.S. and Philippines to Build 4,000-Acre Tech Hub Under Pax Silica Initiative

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Singapore's Non-Oil Domestic Exports Surge 15.3% in March 2026 on AI Demand

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Japan Eyes Private Credit as Key Pillar in New Financial Strategy

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Politics

House Republicans Near Deal on FISA Extension with Limited Reforms

Republican House leadership is reportedly moving closer to reaching an agreement on extending the Foreign Intelligence Surveillance Act (FISA), with a package of modest reforms attached. According to Politico, four...

Ukraine's Svyrydenko Returns from U.S. With Renewed Support and Diplomatic Momentum

Ukrainian Prime Minister Yulia Svyrydenko wrapped up a productive two-day visit to Washington, D.C., expressing confidence in U.S. support following high-level talks with Treasury Secretary Scott Bessent and other senior...

South Korea Denies U.S. Intelligence Restrictions Over North Korea Nuclear Site Disclosure

South Koreas Unification Ministry pushed back Friday against reports that Washington had expressed displeasure and threatened to limit intelligence sharing after a South Korean minister publicly identified a previously...

China Navigates Diplomatic Tightrope Between Iran Peace Efforts and Trump Summit

China is intensifying its push to end the Iran war while carefully balancing its relationship with Tehran ahead of a pivotal summit between President Xi Jinping and U.S. President Donald Trump scheduled for mid-May. As the...

Myanmar Grants Amnesty to Over 4,000 Prisoners Under New President Min Aung Hlaing

Myanmars newly elected President Min Aung Hlaing has approved the release of 4,335 prisoners, according to state broadcaster MRTV, marking the third amnesty issued in the country within six months. The announcement did not...

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

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...

NiSource Signs Long-Term Energy Deals with Alphabet and Amazon to Power Indiana Data Centers

NiSource, a U.S. utility company, has secured a long-term energy supply agreement with an Alphabet subsidiary to power a major data center in northern Indiana. The announcement also included an expanded partnership with...

TSMC Posts Record Q1 Profit Fueled by AI Chip Demand

Taiwan Semiconductor Manufacturing Company (NYSE: TSM), the worlds largest contract chipmaker, delivered a record-breaking first-quarter profit in 2026, surpassing analyst expectations as artificial intelligence continues...
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