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FxWirePro: Silver rises gradually against U.S. dollar, upside limited

Feb 05, 2018 10:26 am UTC| Technicals

XAG/USD is currently trading around $17.76 marks. It made intraday high at $17.77 and low at $17.53 levels. Intraday bias remains slightly bullish till the time pair holds key support at $17.53 mark. A daily...

FxWirePro: BTC/EUR breaks below 200-DMA, eyes 78.6% Fib at 5488

Feb 05, 2018 10:12 am UTC| Technicals Digital Currency

BTC/EUR has extended downside after decisive break below major trendline support. The pair has shown a breach at major support at 200-DMA, currently at 6626. Technical studies are biased lower. We see -ve DMI...

FxWirePro: USD/CAD upside capped by daily Kijun-Sen, good to sell on rallies

Feb 05, 2018 09:17 am UTC| Technicals

USD/CAD has shown a good recovery from the low of 1.22472. The pair jumped almost 200 pips and is currently trading around 1.2405. Dollar shown a good bounce back on Friday after better than expected US jobs data. US...

FxWirePro: AUD/NZD struggles at 200-DMA, good to go short on break below

Feb 05, 2018 09:01 am UTC| Technicals

AUD/NZD is consolidating break below major trendline support at 1.0875, bias lower. Recovery attempts lack traction, pair rejected at session highs at 1.0875 (trendline). Downside finds major support at 200-DMA...

FxWirePro: CHF/JPY forms shooting star pattern, good to sell on rallies

Feb 05, 2018 08:34 am UTC| Technicals

Candle stick pattern Shooting star. CHF/JPY has shown a good jump almost 400 pips from the low of 113.73 made on Jan 11th 2018. The pair hits high of 118.55 and is currently trading around 118.20. On the lower...

FxWirePro: Gold trades weak on strong US 10 year yield, good to sell on rallies

Feb 05, 2018 08:33 am UTC| Technicals

Gold has decline almost $22 on Friday after better than expected US non-farm payroll. The yellow metal declined till $1327 and is currently trading around $1334. US economy has added 20000 jobs for the month of Jan...

FxWirePro: DAX30 trades weak on global sell-off, good to sell on rallies

Feb 05, 2018 08:32 am UTC| Technicals

DAX index has followed the global equity market trend and declined sharply almost 2% on Friday. US stock indices Dow and SP 500 suffered huge decline in the previous week, most since 2 years. The weakness is...

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Economy

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock

The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias

The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High

Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...

Japan Exports Surge for Seventh Month as AI Demand Offsets Middle East Trade Disruptions

Japans exports extended their growth streak for a seventh consecutive month in March, driven largely by strong global demand linked to artificial intelligence (AI) and data center expansion. According to government data,...

Oil Prices Slip Amid Iran Ceasefire Extension, Hormuz Disruptions Keep Markets Tense

Oil prices edged lower during volatile Asian trading on Wednesday as U.S. President Donald Trump announced an indefinite extension of the ceasefire with Iran. While the move raised hopes for continued peace talks, ongoing...

Politics

Syrian Asylum Rejections Rise in Europe as Minority Safety Concerns Persist

A growing number of Syrian asylum seekers are facing rejection across Europe despite ongoing security concerns, particularly among minority groups. After the fall of former President Bashar al-Assad and the end of Syrias...

Virginia Redistricting Vote Boosts Democrats Ahead of Midterm Elections

Virginia voters approved a new Democratic-backed congressional map on Tuesday, a decision that could significantly reshape the balance of power in the U.S. House of Representatives ahead of the upcoming midterm elections....

Trump Administration Files Fraud Charges Against Southern Poverty Law Center Over Informant Payments

The Trump administration has filed criminal charges against the Southern Poverty Law Center (SPLC), a prominent civil rights organization known for tracking extremist groups, accusing it of defrauding donors through its...

Global Military Talks in London Aim to Reopen Strait of Hormuz and Protect Shipping

Military planners representing more than 30 countries are gathering in London for two days of high-level discussions focused on reopening the Strait of Hormuz and strengthening maritime security in one of the worlds most...

Canada-USMCA Review 2026: No Collapse Expected Despite July 1 Deadline

Canadas top trade negotiator to the United States, Janice Charette, has signaled that the upcoming July 1 deadline for reviewing the USMCA trade agreement should not be viewed as a breaking point for North American trade...

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

SK Hynix to Invest $13 Billion in AI Chip Packaging Facility

South Koreas SK Hynix is accelerating its push into the artificial intelligence semiconductor market with a major new investment aimed at strengthening its global competitiveness. The company announced plans to invest...

Nvidia Pushes 800V Data Center Power Systems to Boost Efficiency and Cut Costs

NVIDIA Corporation (NASDAQ: NVDA) is reportedly exploring next-generation data center power solutions by engaging major South Korean power equipment manufacturers to develop higher-voltage infrastructure. According to The...

LG Innotek Stock Hits Record High on $68M Automotive Wi-Fi 7 Deal

LG Innotek shares surged to an all-time high on Wednesday, fueled by strong investor confidence following the companys latest automotive supply agreement with a European partner. The Seoul-listed stock (KS:011070) climbed...

Samsung Boosts DRAM Supply to Tesla as AI-Driven Memory Demand Surges

Samsung Electronics Co Ltd (KS:005930) has significantly increased its monthly DRAM shipments to Tesla Inc (NASDAQ:TSLA), reflecting the growing demand for advanced memory solutions in electric vehicles and artificial...

SpaceX Eyes $60B Cursor Deal to Boost AI Power Ahead of IPO

Elon Musks SpaceX has announced plans to collaborate with AI coding startup Cursor, with the option to acquire the company later this year in a deal valued at $60 billion. The aerospace giant also revealed an alternative...
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