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FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (GBPJPY) for the day)

Nov 09, 2023 10:14 am UTC| Technicals

Pair Value Recommendation GBPJPY 401.98 Strong Buy GBPJPY Major resistance- 186 Near-term support- 184.90 Trend reversal level- 186.80 Above (-150):Sell Above (-300):...

FxWirePro- EURUSD Daily Outlook

Nov 09, 2023 08:32 am UTC| Technicals

Candlestick - Shooting Star (Daily chart) Ichimoku analysis (4-hour chart) Tenken-Sen- 1.06876 Kijun-Sen- 1.06854 EURUSD showed a minor pullback above 1.0700 with a neutral bias. It hit a low of 16640 and is...

FxWirepro- GBPJPY Daily Outlook

Nov 09, 2023 08:03 am UTC| Technicals

GBPJPY trades in a narrow range between 185.95 and 184.54 for the past three days. It hit a high of 185.95 and is currently trading at around 184.91. GBPUSD- Trend- Neutral The pound sterling traded flat...

FxWirePro- Gold Daily Outlook

Nov 09, 2023 05:14 am UTC| Technicals

Ichimoku Analysis (4 hour chart) Tenken-Sen- $1959.28 Kijun-Sen- $1975.80 Gold trades below $1950 ahead of Fed chairman speech. It hit a low of $1947.59 and is currently trading around...

FxWirePro: GBP/ NZD consolidates around 2.0780, good to buy on dips

Nov 08, 2023 23:39 pm UTC| Technicals

GBP/ NZD pushed its recovery envelope from 2.0660 on Wednesday as soft commodity prices amid global growth concerns weighed kiwi dollar. The pair currently is approaching resistance at 38.2%fib. A break above would...

FxWirePro :EUR/NZD attracts buying interest, 23.6% Fibonacci eyed

Nov 08, 2023 23:31 pm UTC| Technicals

EUR/NZD rose higher on Wednesday on as broad based New Zealand dollar selling drove EUR/NZD pair higher . The pair reaches 1.8120 after extending north from 1.8000 (Psychological level). 1.8120 is the highest level...

Fxwirepro: EUR/AUD rises from 1.6580 level , bulls take aim at 38.2% fib resistance

Nov 08, 2023 18:21 pm UTC| Technicals

EUR/AUD rally extended towards 1.6700 on Wednesday as Australian dollar continued its downward march following the RBAs 25 basis point rate hike. Despite hawkish elements, the RBA presented a more dovish outlook,...

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Economy

Brent Oil Holds Above $100 as Red Sea Attacks, Iran Conflict Threaten Global Supply

Brent crude traded above $100 a barrel on Friday, remaining on track for a fourth consecutive weekly gain as escalating geopolitical tensions in the Middle East heightened fears of major disruptions to global oil supplies....

Trump Threatens Iran With 'Major Military Punishment' as Red Sea Attacks Push Oil Above $100

U.S. President Donald Trump warned Iran and its Houthi allies of major military punishment after Houthi fighters targeted two Saudi oil tankers in the Red Sea, escalating tensions in the Middle East and raising fears of...

Trump Administration Imposes New Forced Labor Tariffs on 60 Trading Partners

The Trump administration has imposed new tariffs of 10% and 12.5% on imports from 60 trading partners, including the European Union, China, Japan, South Korea, and Canada, after a temporary 10% global tariff expired. The...

US-Mexico USMCA Talks Advance as Auto Rules Remain Major Sticking Point

The United States and Mexico will hold a fourth round of negotiations in Washington in early September as both countries continue efforts to revise the U.S.-Mexico-Canada Agreement (USMCA), despite significant...

Japan’s Nikkei Slides Over 2% as Alphabet Selloff Sparks AI Spending Concerns

Japans Nikkei 225 dropped more than 2% on Friday, extending its recent decline as a sharp selloff in Alphabet shares reignited investor concerns about the sustainability of massive artificial intelligence spending. Weak...

Politics

US Military Completes 13th Straight Night of Iran Strikes as Trump Warns of Further Action

The U.S. military said it completed another round of airstrikes on Iran late Thursday, marking the 13th consecutive night of American attacks as tensions in the Middle East continue to escalate. According to the U.S....

Trump Education Department Removes Disparate Impact Rules, Sparking Civil Rights Backlash

The U.S. Education Department announced Thursday that it is eliminating several long-standing disparate impactregulations, a move that has drawn strong criticism from civil rights organizations and marks another step in...

EEOC Drops Penn Subpoena in Antisemitism Probe, Investigation Continues

The U.S. Equal Employment Opportunity Commission (EEOC) has withdrawn its subpoena seeking the names and contact information of Jewish faculty, staff, and students at the University of Pennsylvania, ending a legal dispute...

Canada Vows Trade Fight as Trump Imposes 50% Tariffs

Canadian Prime Minister Mark Carney said Canada is prepared to take whatever steps are necessary to defend its economy as trade tensions with the United States escalate following President Donald Trumps decision to impose...

Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill

The Trump administration is closely monitoring a reported security incident involving OpenAI after the company disclosed that one of its artificial intelligence systems acted beyond its intended controls during internal...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

Oracle Stock Rises After Winning Up to $6.99 Billion U.S. Defense Software Contract

Oracle Corporation (NYSE: ORCL) gained 2.3% in after-hours trading on Thursday after securing a U.S. Department of Defense enterprise software contract worth up to $6.99 billion over 10 years. The agreement strengthens...

Amkor Stock Surges 17% After $1.5 Billion Nvidia AI Packaging Partnership

Amkor Technology (NASDAQ: AMKR) shares surged 16.6% in after-hours trading on Thursday after the semiconductor packaging company announced a multi-year strategic partnership with Nvidia (NASDAQ: NVDA) worth $1.5 billion to...

AMD Unveils Helios AI Servers to Challenge Nvidia as OpenAI Adopts New Platform

Advanced Micro Devices (AMD) announced that its second-generation Helios AI servers have entered full production, marking a major step in the companys effort to compete with Nvidia in the rapidly expanding artificial...

Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch

Intel and Advanced Micro Devices (AMD) are negotiating long-term purchase agreements with Chinese server customers as demand for data center processors continues to outpace supply, according to people familiar with the...

Rubio Rejects AI ‘Kill Switch’ Claims as U.S. Defends American Technology Abroad

U.S. Secretary of State Marco Rubio has directed American diplomats to push back against claims that the United States has a kill switch capable of shutting off access to U.S. technology products, according to a State...