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FxWirePro- Gold Daily Outlook

May 19, 2021 05:17 am UTC| Technicals

Ichimoku analysis (Hourly chart) Tenken-Sen- $1868 Kijun-Sen- $1869 Gold is consolidating after hitting a multi-month high at $1875. The broad-based US dollar weakness is supporting the yellow metal at...

FxWirePro: USD/JPY fades tepid bounce amid pre-FOMC cautious trade, 200H MA caps upside

May 19, 2021 04:35 am UTC| Technicals

USD/JPY chart - Trading View Pre-FOMC minutes caution trading weighs on the pair, keeping it rangebound, while the US dollar attempts a tepid bounce. USD/JPY was trading largely unchanged on the day at 108.91 at...

FxWirePro:GBP/NZD stuck in range but maintains bullish bias

May 18, 2021 18:28 pm UTC| Technicals

GBP/ NZD gained on Tuesday as sterling was boosted by jobs data showing that Britains unemployment fell between January and March. The pair attempted to breach resistance at 1.9625 ( 23.6%fib) and dipped towards 1.9559...

FxWirePro: GBP/AUD uptrend gains momentum, as positive sentiment builds

May 18, 2021 18:15 pm UTC| Technicals

GBP /AUD strengthened on Tuesday as unexpected fall in UK jobless rate supported sterling. Britains unemployment rate unexpectedly fell again to 4.8% between January and March, as hiring rose further in April. The...

FxWirePro:EUR/NZD bulls need more gains to zero in on key fibo resistance

May 18, 2021 17:02 pm UTC| Technicals

EUR/NZD strengthened on Tuesday as upbeat risk sentiment and pick up in the COVID-19 vaccine rollout in Eurozone supported euro. EUR/NZD bulls have to contend with strong resistance at 1.6873 (38.2% fib). If EUR/NZD...

FxWirePro: EUR/AUD set for increasing upside potential, 1.5700 beckons

May 18, 2021 16:37 pm UTC| Technicals

EUR/AUD rally extended towards 1.5700 on Tuesday as upbeat risk sentiment drove investors into growth-related assets like the euro. EUR/AUD made strong gains , but bulls need further moves higher.A break and daily...

FxWirePro: Daily Commodity Tracker - 18th May, 2021

May 18, 2021 15:53 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

Colombia Election 2026: Ivan Cepeda Shifts Stance on Constitutional Reform to Court Centrist Voters

Colombias leftist presidential candidate Ivan Cepeda has softened his position on creating a constituent assembly ahead of the June 21 runoff election, signaling a strategic move to attract centrist voters and broaden...

Kennedy Center Ordered to Remove Trump Name Following Federal Court Ruling

The John F. Kennedy Center for the Performing Arts has instructed staff to remove references to President Donald Trump from official materials after a federal court ruled that the renowned Washington, D.C., institution...

US Sanctions Cuban President Miguel Diaz-Canel and Key Officials Amid Rising Tensions

The United States has imposed new sanctions on Cuban President Miguel Diaz-Canel, along with several individuals and entities linked to Cubas government, according to information published by the U.S. Treasury Department....

Zelensky Invites Putin to Direct Peace Talks, Warns Ukraine Will Continue Fighting if No Progress Is Made

Ukrainian President Volodymyr Zelensky has issued an open letter to Russian President Vladimir Putin, proposing a direct meeting aimed at ending more than four years of war between Ukraine and Russia. The letter, released...

US Officials Explore AI Company Equity Stakes Ahead of OpenAI and Anthropic IPO Plans

Senior U.S. government officials have reportedly held preliminary discussions with leading artificial intelligence companies regarding the possibility of the federal government acquiring equity stakes in their businesses....

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...

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....

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...
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