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FxWirePro: CHF/JPY daily outlook

Mar 05, 2018 09:33 am UTC| Technicals

Major Support 112.50. CHF/JPY is trading weak for the past four week after forming a temporary top around118.55. It has declined more than 600 pips and is currently trading around 112.75. The pair recovered almost 50...

FxWirePro: AUD/JPY closes below weekly cloud and 100W SMA, scope for further downside

Mar 05, 2018 09:12 am UTC| Technicals

AUD/JPY has closed below weekly cloud and 100W SMA in last weeks trade. Technical indicators on weekly charts are highly bearish. RSI weakness seen at 33 levels with room for further downside. Momentum studies on...

FxWirePro: EUR/NOK back above 9.60 mark, Norway’s house price index data in focus

Mar 05, 2018 08:14 am UTC| Technicals

EUR/NOK is currently trading at 9.6124 levels. It made intraday high at 9.6168 and low at 9.5788 levels. Intraday bias remains bullish till the time pair holds key support at 9.5835 mark. A sustained close...

FxWirePro: BTC/EUR consolidates break above channel top, bullish momentum studies keep scope for further upside

Mar 05, 2018 07:59 am UTC| Technicals Digital Currency

BTC/EUR is extending consolidation of break above channel top, bias higher. The pair trades with bullish momentum which keeps scope for further upside. Price action is above major EMAs and is extending gradual...

FxWirePro: USD/ZAR hovers around fresh 3-week high at 12.02 mark, sustained close above requires for upside rally

Mar 05, 2018 07:34 am UTC| Technicals

USD/ZAR is currently trading around 12.00 levels. It made intraday high at 12.02 and low at 11.88 levels. Intraday bias remains bullish till the time pair holds key support at 11.82 mark. A daily close...

FxWirePro: EUR/NZD hammer counters previous bearish swings, bulls spike above DMAs and EMAs – Trade one touch binaries and long hedge

Mar 05, 2018 07:01 am UTC| Technicals

Chart pattern formed- Hammer pattern candlestick and rising channel (on weekly plotting) and double bottom pattern with bottom 1 at 1.3881 and 1.4534 levels (on monthly plotting). The double bottom pattern helps in...

FxWirePro: GBP/JPY takes support near trend line, good to buy on dips

Mar 05, 2018 06:45 am UTC| Technicals

GBP/JPY has shown a minor jump after three days of continuous weakness. The pair jumped nearly 100 pips from the low of 144.98. The pair minor recovery only due to short covering. It is currently trading around...

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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

British wage growth showed signs of cooling, though not as sharply as analysts had anticipated, according to the latest data from the Office for National Statistics (ONS). Regular pay, which excludes bonuses, rose by 3.6%...

US-Iran Peace Talks Fuel Market Optimism Amid Ongoing Tensions

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

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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

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

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

SpaceX President and Chief Operating Officer Gwynne Shotwell earned $85.8 million in total compensation last year, according to details from the companys S-1 filing, positioning her among the highest-paid executives in the...

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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