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FxWirePro: EUR/USD trades above 1.2400, good to buy on dips

Mar 26, 2018 11:42 am UTC| Technicals

EUR/USD gained sharply almost more than 50 pips in todays session and hits high of 1.24168.The pair has formed minor bottom around 1.22398 and recovered sharply from that level on US- China trade war.US President Trump...

FxWirePro: ETH/EUR capped at 5-DMA at 425, on track to test 78.6% Fib 382, stay short

Mar 26, 2018 11:23 am UTC| Technicals Digital Currency

ETH/EUR down 4.15% on the day, remains capped at 5-DMA at 425 levels. Technical indicators are highly bearish. We see scope for further weakness. Price action rages in Symmetric Triangle pattern and we see scope...

FxWirePro: Copper breaks below 200-DMA, on track to test 38.2% Fib at 2.791, stay short

Mar 26, 2018 10:14 am UTC| Technicals

Copper is extending weakness after break below 200-DMA at 3.0317. The pair has shown a decisive breach at channel base support in the previous weeks trade raising scope for further weakness. Price action is down...

FxWirePro: GBP/JPY takes support near 233- day MA, good to buy on dips

Mar 26, 2018 09:49 am UTC| Technicals

GBP/JPY has shown a good jump almost 148 pips in Asian session on easing trade war concerns. The yen has shown a minor recovery against all pairs due to short covering. But overall trend is still bearish. USD dollar was...

FxWirePro: Gold rebounds with bullish engulfing patterns to counter double top formation – Trade boundary binaries and delta hedges on extension of rising wedge

Mar 26, 2018 09:36 am UTC| Technicals

The gold (XAUUSD) on daily terms: Bullish engulfing patterns have occurred at 1332.05 and 1347.12 levels that counter the previous formation of the double top. These bullish patterns have occurred after testing strong...

FxWirePro: GBP/AUD struggles at 200W SMA at 1.8378, further upside only on break above

Mar 26, 2018 09:25 am UTC| Technicals

GBP/AUD is trading in a Rising Wedge pattern and price has shown a break above Wedge Top at 1.8295 in last weeks trade. The pair is currently trading in an extremely narrow range and finds major resistance at 200W SMA...

FxWirePro: AUD/CAD tests channel base support, decisive break below required for further downside

Mar 26, 2018 08:32 am UTC| Technicals

AUD/CAD tests channel base support at 0.9925, hits lowest since Feb 27th. Downside has held above 0.99 handle, break below will see further weakness. The pair has paused 7 straight sessions of downside and is...

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Economy

Rising Jet Fuel Costs from Iran Conflict Push Airfare Higher Across Europe

Disruptions to global oil supplies linked to the Iran conflict are driving a sharp increase in jet fuel prices, adding significant costs to air travel across Europe. According to analysis from campaign group Transport ...

UK Wage Growth Slows to 3.6% as Inflation Pressures Complicate Bank of England Outlook

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Asian Currencies Stay Range-Bound as Dollar Holds Steady Ahead of Fed Nominee Hearing

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Gold Prices Slip Amid Iran Tensions and Fed Chair Uncertainty

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Politics

Pakistan Halts $1.5 Billion Sudan Arms Deal After Saudi Arabia Withdraws Support

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UN Secretary-General Race 2027: Key Candidates Competing to Replace Antonio Guterres

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Philippines Says U.S. Access to EDCA Bases Limited by Land Issues and Delays

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Trump Maintains Iran Naval Blockade as Ceasefire Deadline Nears

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Gaza Violence Continues Despite Ceasefire as Israeli Strikes and Clashes Escalate

Israeli airstrikes in the Gaza Strip killed at least five Palestinians on Monday, according to Palestinian health officials, highlighting ongoing violence despite a fragile ceasefire agreement. The incidents occurred in...

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

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Technology

SpaceX President Gwynne Shotwell Earns $85.8M as IPO Buzz Grows

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John Ternus Signals Apple’s Future with Product-First AI Strategy

Apples incoming CEO John Ternus is already shaping expectations for the companys future, and his stance on artificial intelligence reveals a clear direction. Unlike competitors such as Microsoft and Google, which are...

Jeff Bezos Eyes $10 Billion Funding Round for AI Venture Project Prometheus

Jeff Bezos is reportedly closing in on a massive fundraising deal for his artificial intelligence startup, signaling a major move in the rapidly expanding AI industry. According to a Financial Times report citing sources...

Apple Stock Dips as Tim Cook Steps Down, John Ternus Named Next CEO

Apple (NASDAQ: AAPL) shares slipped more than 1% in after-hours trading Monday following a surprising leadership transition announcement. The tech giant revealed that longtime CEO Tim Cook will move into the role of...

Amazon Expands AI Bet with Up to $25 Billion Investment in Anthropic

Amazon is significantly deepening its artificial intelligence strategy by announcing a new investment of $5 billion in AI firm Anthropic, with the potential to reach up to $25 billion based on performance milestones. This...
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