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FxWirePro- EURUSD Daily outlook

May 28, 2021 13:56 pm UTC| Technicals

FxWirePro- EURUSD Daily outlook Ichimoku analysis (Hourly chart) Tenken-Sen- 1.21666 Kijun-Sen- 1.2172 EURUSD declined sharply on robust US data. US core PCE surged to 3.1% y/y vs forecast of 2.9%. The monthly...

FxWirePro: Silver Intraday Idea

May 28, 2021 13:24 pm UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- $27.58 Kijun-Sen- $27.65 Silver continues to trade weak for the past one week after forming a minor top around $28.75. The minor pullback in the US dollar index ahead...

FxWirePro: EUR/JPY poised for further upside, Euro zone sentiment hits 3-yr high, inflation expectations jump

May 28, 2021 10:16 am UTC| Technicals

EUR/JPY chart - Trading View Spot Analysis: EUR/JPY was trading 0.04% higher on the day at 133.90 at around 10:00 GMT Previous Sessions High/ Low: 134.05/ 132.93 Previous Weeks High/ Low: 133.43/...

FxWirePro: NZD/USD extends pullback from 3-month high, 'Bearish Divergence' drags the pair lower

May 28, 2021 09:50 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.48% lower on the day at 0.7256 at around 08:30 GMT, after closing 0.20% higher in the previous session. The major is showing some weakness and is slipping lower from...

FxWirePro- USDCHF Daily Outlook

May 28, 2021 08:11 am UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 0.89815 Kijun-Sen- 0.89848 USDCHF is consolidating in a narrow range between 0.89308 and 0.90033 for the past three days. With no follow-through buying...

FxWirePro- USDCHF Daily Outlook

May 28, 2021 08:09 am UTC| Technicals

Ichimoku analysis (1-Hour chart) Tenken-Sen- 0.89815 Kijun-Sen- 0.89848 USDCHF is consolidating in a narrow range between 0.89308 and 0.90033 for the past three days. With no follow-through buying...

FxWirePro- GBPJPY Daily Outlook

May 28, 2021 08:03 am UTC| Technicals

Ichimoku Analysis (4-Hour Chart) Tenken-Sen- 155.91 Kijun-Sen- 154.97 GBPJPY surged more than 150 pips yesterday on board-based Yen weakness. The pair hits a multi-year high at 156.07 and is currently...

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Economy

US Employment Growth Likely Slowed in May as Labor Market Remains Stable Amid Oil Price Pressures

The U.S. labor market likely maintained its resilience in May, although job growth is expected to have moderated after two months of stronger gains. Economists believe the latest employment data will show that hiring...

South Korea Weighs AI Profit Sharing as Samsung and SK Hynix Earnings Surge

South Koreas Labor Minister Kim Young-hoon has called for a national discussion on how to distribute the extraordinary profits generated by the countrys booming artificial intelligence (AI) and semiconductor industries....

BOJ June Rate Hike Likely as Inflation Risks Rise Amid Middle East Tensions

The Bank of Japan (BOJ) is widely expected to raise interest rates at its June 16 policy meeting, unless a major escalation in the Middle East conflict triggers severe market disruption, according to sources familiar with...

US Dollar Holds Near Two-Month High as Fed Rate Outlook and Middle East Tensions Boost Demand

The U.S. dollar remained close to a two-month high on Thursday after posting strong gains in the previous session, supported by escalating geopolitical tensions in the Middle East and growing expectations that the Federal...

Australia Passes Major Tax Reform Bill to Boost Housing Affordability and Cut Taxes for Workers

Australias House of Representatives has approved a landmark tax reform bill that represents the governments most significant overhaul of the tax system in decades. The legislation, designed to improve housing affordability...

Politics

Israeli Airstrikes in Gaza Kill Nine Palestinians as Ceasefire Efforts Remain Stalled

At least nine Palestinians, including five members of the same family, were killed in separate Israeli airstrikes across the Gaza Strip early Thursday, according to local health officials. The latest Gaza attacks highlight...

Netanyahu Faces Growing Voter Backlash in Northern Israel Ahead of 2026 Election

Israeli Prime Minister Benjamin Netanyahu is facing declining political support in northern Israel, a region heavily affected by Hezbollah rocket and drone attacks, according to a recent poll conducted by Agam Labs at the...

AMLO Accuses U.S. of Interference as Mexico-U.S. Tensions Escalate in 2026

Former Mexican President Andrés Manuel López Obrador has accused the United States of using interventionist and unscrupulous practices to strengthen Mexicos right-wing opposition and weaken the countrys...

Indonesia Passes New Central Bank Law, Raising Investor Concerns Over Policy Independence

Indonesias parliament has approved a sweeping new law that expands the role of Bank Indonesia in supporting economic growth while granting lawmakers greater authority to evaluate the countrys independent financial...

Meta Challenges Australia’s Proposed Tech Tax, Citing U.S. Trade Agreement Concerns

Meta has intensified its opposition to Australias proposed tax on major technology companies, arguing that the measure could violate the Australia-United States Free Trade Agreement and create new tensions between the...

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

Jensen Huang Strengthens Nvidia’s South Korea Ties Amid AI Expansion

Nvidia CEO Jensen Huang is set to make his second visit to South Korea in just seven months, underscoring the countrys growing importance in the global artificial intelligence ecosystem. Beyond high-level business...

Meta Delays Release of New AI Model as API Rollout Remains Uncertain

Meta Platforms Inc. (NASDAQ: META) has reportedly postponed the release of its latest artificial intelligence model to developers several times, with no confirmed launch date currently in place. According to a Wall Street...

CrowdStrike Beats Q1 FY2027 Expectations, Raises Outlook Despite After-Hours Stock Decline

CrowdStrike Holdings (NASDAQ: CRWD) delivered stronger-than-expected first-quarter fiscal 2027 results, driven by accelerating demand for AI-powered cybersecurity solutions. The company reported robust revenue growth,...

Quantinuum Raises $1.68 Billion in Upsized Nasdaq IPO Amid Growing Quantum Computing Demand

Quantinuum, a leading quantum computing company backed by Honeywell (NASDAQ: HON), has successfully raised $1.68 billion through an upsized U.S. initial public offering (IPO), highlighting strong investor confidence in the...

Hyundai, Nvidia, and South Korea Near Deal for Major AI Technology Center

Hyundai Motor, Nvidia, and the South Korean government are reportedly in the final stages of negotiations to establish a major artificial intelligence (AI) technology center in South Korea, according to a report by the...