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FxWirePro: Gold trade flat holiday mood starts, good to go long above $1262

Dec 18, 2017 05:54 am UTC| Technicals

Gold is trading flat after showing a good $25 jump in previous week on account of slightly dovish Fed.US tax bill has minor impact on US dollar as holiday week starts. The yellow metal jumped till $1261.69 and it is...

FxWirePro: Never get bull trapped in AUD/USD, shooting star and hanging man beam-up with more southward potential – Snap rallies to deploy short hedge

Dec 18, 2017 05:29 am UTC| Technicals

Shooting stars have occurred at 0.7828 and 0.7678 levels on monthly and daily plotting respectively. Hanging man on 0.7670 levels on the daily chart. Consequently, the prices have begun plummeting. For now, the current...

FxWirePro: GBP/NZD breaks 50-DMA support at 1.9119, bias lower, stay short

Dec 18, 2017 05:28 am UTC| Technicals

GBP/NZD has shown a break below 50-DMA at 1.9119, bias lower. Pound remains weak as Brexit negotiations proceed to next stage - regarding trade and the transition period. The pair is trading in an extremely...

FxWirePro: AUD/JPY consolidates break above 200-DMA, bias higher, stay long

Dec 18, 2017 05:03 am UTC| Technicals

AUD/JPY resumes upside after brief pause on Fridays trade, intraday bias higher. Technical studies support upside in the pair. RSI and Stochs are biased higher. Momentum studies bullish and we see +ve DMI...

FxWirePro: USD/TWD enjoys roller coaster movement, bias remains neutral

Dec 18, 2017 04:24 am UTC| Technicals

USD/TWD is currently trading around 29.99 marks. It made intraday high at 30.02 and low at 29.92 marks. Intraday bias remains neutral for the movement. A daily close above 30.10 will drag the parity up...

FxWirePro: AUD/USD regains bid tone after Australia MYEFO release, watch out for 200-DMA break for further upside

Dec 18, 2017 04:21 am UTC| Technicals

Aussie mildly bid after Australias GDP was raised higher in the latest MYEFO release. Australias Real GDP is forecast to grow by 2½ percent in 2017-18 and 3 percent in 2018-19, compared to 2.0 percent achieved...

FxWirePro: Thai baht erases previous gain against U.S. dollar, short term trend reversal likely

Dec 18, 2017 03:58 am UTC| Technicals

USD/THB is currently trading around 32.57 marks. It made intraday high at 32.58 and low at 32.50 marks . Intraday bias remains slightly bullish till the time pair holds key support at 32.48 mark. A daily...

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Economy

Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions

The U.S. dollar softened on Friday as reports of potential peace talks between the United States and Iran lifted market sentiment, though it still remained on track for its first weekly gain in nearly a month. Ongoing...

Iran-Pakistan Diplomacy and Strait of Hormuz Tensions Push Oil Prices Above $100

Pakistani officials have confirmed that Irans Foreign Minister Abbas Araghchi is expected to visit Islamabad by the weekend, according to a report by The Associated Press. The high-level diplomatic trip, which may begin as...

Gold Prices Rise Slightly but Head for Weekly Loss Amid Oil Surge and Inflation Fears

Gold prices edged higher on Friday but remained on track for a weekly decline as rising oil prices and geopolitical tensions between the United States and Iran fueled concerns over inflation and prolonged high interest...

Indonesia Fiscal Deficit Outlook: Fitch Signals Flexibility Amid Middle East War Risks

Indonesia may have limited room to exceed its legal fiscal deficit ceiling of 3% of GDP without facing an immediate credit rating downgrade, according to Fitch Ratings. The agency suggests that any breach would need to be...

Japan Inflation Rises in March Amid Energy Price Surge and Middle East Tensions

Japans consumer price index (CPI) inflation increased more than expected in March, driven largely by rising energy costs linked to geopolitical tensions in the Middle East. The latest government data shows that headline...

Politics

Judge Orders Release of Family After Longest ICE Detention Under Trump Administration

A woman and her five children were released from U.S. immigration detention after more than 10 months, marking the longest known family detention during President Donald Trumps administration. The release came Thursday...

US and EU Strengthen Critical Minerals Partnership to Reduce China Dependence

The United States and the European Union are set to sign a memorandum of understanding (MoU) aimed at strengthening cooperation on critical minerals, marking a strategic move to secure global supply chains and reduce...

U.S. Army Soldier Charged in $400K Insider Betting Scheme on Maduro Capture

A U.S. Army Special Forces soldier has been charged by the Justice Department for allegedly using classified information to profit from bets on the capture of Venezuelan leader Nicolas Maduro. According to federal...

Trump Administration Launches Civil Rights Probe into NYC Education Department Over Pro-Palestinian Educators

The Trump administration has initiated a civil rights investigation into the New York City Department of Education (NYCDOE), focusing on alleged discrimination linked to a pro-Palestinian educators group. The U.S....

Lebanon-Israel Ceasefire Extended as U.S. Pushes for Peace Talks

The Lebanon-Israel ceasefire has been extended for three more weeks following high-level negotiations hosted by U.S. President Donald Trump at the White House. The meeting brought together Israels ambassador to Washington,...

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

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...

Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast

Intel Corp delivered a bullish outlook for the second quarter of 2026, signaling a strong turnaround fueled by rising demand for AI data center chips. The company projected earnings per share (EPS) of $0.20, significantly...

Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia

Microsoft (NASDAQ: MSFT) has unveiled a major investment plan worth A$25 billion (approximately $18 billion) in Australia, signaling a significant push to strengthen its artificial intelligence (AI) and cloud computing...

Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....
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