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FxWirePro: AUD/JPY pivotal at 200-month MA, breakout to fuel further gains

May 17, 2021 15:19 pm UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY was trading 0.36% lower on the day at 84.75 at around 15:00 GMT. The pair is trading above daily cloud and major moving averages, bias bullish. Price action is struggling to...

FxWirePro: EUR/JPY pauses upside at trendline resistance, outlook bullish

May 17, 2021 12:41 pm UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY was trading largely unchanged on the day at 132.71 at around 11:45 GMT, bias bullish. The pair is extending bull run for the 7th straight month. A break above 200-month MA has...

FxWirePro: NZD/USD snaps 2-day upside, poor Chinese data dents Kiwi

May 17, 2021 10:51 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD was trading 0.48% lower on the day at 0.7210 at around 09:50 GMT, outlook turning bearish. The pair snapped 2-days of upside and slipped lower from session highs at 0.7250 after...

FxWirePro: USD/JPY fails to capitalize initial momentum, 109.00 handle in sight

May 17, 2021 09:33 am UTC| Technicals

USD/JPY chart - Trading View Spot Analysis: USD/JPY was trading 0.10% lower on the day at 109.23 at around 09:25 GMT Previous Sessions High/Low: 109.65/ 109.18 Previous Weeks High/Low: 109.78/...

FxWirePro: Silver Daily outlook

May 17, 2021 09:24 am UTC| Technicals

Ichimoku analysis (4-Hour chart) Tenken-Sen- $27.29 Kijun-Sen- $27.24 Silver jumped sharply more than $1 in the past two days from a low of $26.72. The minor sell-off in US dollar and US bond yields...

FxWirePro- USDCHF Daily Outlook

May 17, 2021 08:31 am UTC| Technicals

Ichimoku analysis (4-Hour chart) Tenken-Sen- 0.92292 Kijun-Sen- 0.91151 USDCHF continues to trade weak for a fifth consecutive week and lost more than 500 pips on broad-based US dollar selling. The...

FxWirePro- GBPJPY Daily Outlook

May 17, 2021 07:37 am UTC| Technicals

Ichimoku Analysis (4-Hour Chart) Tenken-Sen- 153.88 Kijun-Sen- 153.79 GBPJPY is trading flat with no follow-through buying. GBPJPY was one of the best performers in the past three weeks and surged more than...

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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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