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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...

FxWirePro: USD/ZAR remains well supported above 12.00 mark, stay bullish

Feb 05, 2018 08:25 am UTC| Technicals

USD/ZAR is currently trading around 12.06 levels. It made intraday high at 12.08 and low at 12.00 levels. Intraday bias remains bullish for the movement. A daily close above 12.07 will take the parity...

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Economy

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...

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

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Sharif Welcomes Trump’s Ceasefire Extension in U.S.-Israel-Iran Conflict

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Argentina’s Milei Pushes Electoral Reform to End Mandatory Primaries

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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

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NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

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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

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...

Florida Investigates OpenAI and ChatGPT Over Alleged Role in FSU Shooting

Florida Attorney General James Uthmeier announced that the state has launched a criminal investigation into OpenAI and its AI chatbot, ChatGPT, following a deadly shooting at Florida State University last year. The...

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...
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