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FxWirePro:GBP/NZD rebounds, critical resistance lies ahead

May 20, 2021 20:57 pm UTC| Technicals

GBP/NZD recovered from earlier decline on Thursday as bets on a faster economic rebound in Britain, driven by its rapid vaccination supported sterling. The pair is currently approaching resistance at 1.9723 (23.6% fib...

FxWirePro: GBP/AUD positions for another climb, eyes 1.8300 level

May 20, 2021 20:40 pm UTC| Technicals

GBP/AUD initially dipped on Thursday but recovered most of the ground as optimism about economic recovery in UK supported upbeat sentiment for sterling. At GMT 20:32, the pair was trading up 0.01 percent at 1.8254...

FxWirePro: EUR/NZD consolidating around 1.6980, bias is bullish

May 20, 2021 20:26 pm UTC| Technicals

EUR/NZD initially dipped on Thursday but recovered ground as improved risk sentiment drove the pair higher. The pair is holding near todays high, A close above 1.7043(23.6%fib), will likely trigger a new bullish phase...

FxWirePro:EUR/AUD maintains bullish bias with focus on 1.5800

May 20, 2021 18:23 pm UTC| Technicals

EUR/AUD erased yesterdays gains on Thursday as Australian dollar gained after labour force data showed a faster-than-expected decline in unemployment in April. Official figures showed the jobless rate had slipped to a...

FxWirePro- Major pair levels and bias summary

May 20, 2021 16:09 pm UTC| Technicals

Major pair levels and bias...

FxWirePro- XRPUSD Daily outlook

May 20, 2021 16:04 pm UTC| Technicals

Ichimoku Analysis (4-Hour Chart) Tenken-Sen- $1.28929 Kijun-Sen- $1.31932 XRPUSD has formed a triple bottom near $0.90 and shown a nice recovery till $1.29990from that level. The pair should close above the...

FxWirePro: Daily Commodity Tracker - 20th May, 2021

May 20, 2021 13:13 pm UTC| Technicals

Daily Commodity...

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Economy

Asian Stocks Decline as Investors Exit Tech Shares Ahead of U.S. Jobs Data

Asian stock markets mostly moved lower on Friday as investors took profits from technology stocks and shifted funds into sectors that are more closely tied to economic growth. The sell-off was particularly severe in Japan...

US Stock Futures Slide as Broadcom Sparks Tech Selloff Ahead of Key Jobs Report

U.S. stock index futures moved lower on Thursday evening as weakness in technology and semiconductor stocks continued following Broadcoms sharp post-earnings decline. Investors are now closely watching the upcoming U.S....

Oil Prices Climb as Middle East Tensions Escalate and Ceasefire Prospects Fade

Oil prices moved higher in Asian trading on Friday as renewed geopolitical tensions in the Middle East raised concerns about global crude supply. The latest gains came after Hezbollah, the Iran-backed militant group based...

Gold Prices Slide as Strong Dollar and Rate Concerns Pressure Bullion

Gold prices moved lower during Asian trading on Friday, extending weekly losses as investors shifted toward the U.S. dollar amid growing concerns over inflation and interest rates. Market participants are also closely...

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...

Politics

Trump Team Rejects BBC Financial Data Request in $10B Lawsuit

US President Donald Trumps legal team has declined to provide financial records requested by lawyers representing the BBC in an ongoing $10 billion defamation lawsuit, according to a report published Friday by the...

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....

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...

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

Switch Eyes Multi-Billion-Dollar Funding Round at $50 Billion Valuation Ahead of Potential IPO

Data center operator Switch is reportedly in discussions to raise billions of dollars in a new funding round that could value the company at more than $50 billion, according to a report from The Information. The potential...

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...

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...

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,...
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