With Iran and the US signing a peace deal, where does that leave Benjamin Netanyahu? 
Today’s space race could turn fatal if we don’t agree on new rules 
AI Memory Boom Sparks Global Chip Supply Crunch 
Sell the Bounce": Gold Rally Stalls Near $4165 as Fed Hawks Slam the Door on Rate Cuts — Targets $4000/$3600 
World Cup technology: from ref cams to AI analysts, cutting-edge research is changing the game 
Trump’s Iran Strategy: What Has Been Achieved After Three Months of Conflict? 
How AI prompting turned writerly description into an everyday skill 
Gold's 365-Day EMA Streak Since Oct 2023 Faces Its First Real Test at $3,980 — Break or Bounce to $4,140? 
How Donald Trump has changed the way diplomacy is done 
China’s AI Manufacturing Boom Masks Weak Consumer Economy, Citi Says 
 - EconoTimes)
Commodity pairs (AUD, NZD, & CAD) held off well throughout last week but gave up after the release of NFP report. A chart and table is attached for explanation.
- Aussie is trying to gain some ground after Friday's bitter loss. Cot report showed that speculators held short positions at -61,500 contracts. Aussie is currently trading at 0.773. Immediate Support lies at 0.765 & Resistance 0.789.
- Kiwi lost nearly 300 points last week since it failed to break above the resistance of 0.762. Speculators maintained net short in NZD by -1300 contracts. Pair is currently trading at 0.737. Further losses can't be ruled out as key support is broken. Immediate Support lies at 0.722 & Resistance 0.75.
- Canadian dollar gained some grounds in today's trading so far after suffering big losses over non-farm payroll last Friday. Cot report showed speculators increased bets over further weakness at currently stands at -38800 contracts. Focus is on trade data to be published today. Currently trading at 1.26. Immediate Support lies at 1.24 & Resistance 1.272.
|
AUD |
0.26% |
|
NZD |
0.41% |
|
CAD |
0.16% |
