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FxWirePro: EUR/JPY erases some losses on upbeat German and eurozone PMIs, 'Shooting Star' keeps downside pressure

Jul 24, 2020 09:25 am UTC| Technicals

EUR/JPY chart - Trading View The single currency was buoyed across the board after upbeat German and eurozone PMI data. German Preliminary Manufacturing PMI betters estimates with 50.0 in July. The pair is extending...

FxWirePro: Sell FTSE100 on rallies

Jul 24, 2020 09:11 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 6192 Kijun-Sen- 6213 FTSE100 is trading weak for 4th consecutive days on US-China trade tension and an increase in coronavirus cases. China retaliated to US...

FxWirePro: EUR/GBP extends gains on upbeat German PMIs, eyes 61.8% Fib at 0.9183

Jul 24, 2020 08:55 am UTC| Technicals

EUR/GBP chart - Trading View EUR/GBP was trading 0.20% higher on the day at 0.9117 at around 08:45 GMT, bias bullish. Euro buoyed as German Preliminary Manufacturing PMI betters estimates with 50.0 in July. The pair...

FxWirePro: GBPJPY Daily Outlook

Jul 24, 2020 08:36 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- 136.03 Kijun-Sen- 135.47 GBPJPY showed a minor decline of more than 100 pips from a high of 136.62 on a slight decline in Pounds sterling. GBP lost more than 50...

FxWirePro: EUR/JPY Doji Threatens Interim Rallies, Major Downtrend Consolidates – Trade & Hedging Setup

Jul 24, 2020 06:50 am UTC| Technicals

EURJPY doji pops up at 123.916 levels, consequently, bears have been nudging prices towards 7-DMAs. Gravestone doji pops-up at 123.703 levels, ever since then, the pair shows volatile trend. For now, interim upswings...

FxWirePro: USD/JPY slumps over 0.40%, breach at 'Double Bottom' at 106 to open up downside

Jul 24, 2020 06:08 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY slumped over 0.40% on the day and was trading at 106.40 at around 05:50 GMT. Risk-aversion intensifies across markets, major Asian equity indices like Nikkei, Kospi, and Hang Seng...

FxWirePro: Gold Daily Outlook

Jul 24, 2020 04:47 am UTC| Technicals

Ichimoku Analysis (4-hour Chart) Tenken-Sen- $1872.86 Kijun-Sen- $1852.16 Gold continues to trade higher for the 7th consecutive week and jumped more than $90 this week. The jump was mainly due to a...

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Economy

BOJ Rate Decision in Focus as Sticky Inflation, Weak Yen Shape USD/JPY and Nikkei Outlook

The Bank of Japan (BOJ) is widely expected to keep its benchmark interest rate unchanged at 1% when it concludes its two-day policy meeting on July 31, despite persistent inflation and continued weakness in the Japanese...

Asian Stocks Slip as Fed Holds Rates, Samsung Earnings Fail to Lift AI Sentiment

Most Asian stock markets declined on Thursday as investor concerns over artificial intelligence (AI) spending continued to pressure technology shares, overshadowing strong earnings from Samsung Electronics and upbeat...

Asian Currencies Hold Steady After Fed Decision as Dollar Finds Support

Asian currencies traded in narrow ranges on Thursday as investors assessed the U.S. Federal Reserves decision to keep interest rates unchanged while Fed Chair Kevin Warsh reinforced the central banks commitment to bringing...

Fed Holds Rates Steady as US Dollar Slides, Euro and Yen Gain

The U.S. dollar recorded its biggest one-day decline in nearly four weeks on Wednesday after the Federal Reserve left interest rates unchanged, easing concerns that policymakers could unexpectedly tighten monetary policy....

Asian Stocks Tumble as Tech Selloff Deepens Ahead of Fed Decision, Big Tech Earnings

Asian stock markets posted steep losses on Wednesday as a sharp technology sector selloff continued for a second day, with South Korea leading regional declines ahead of the U.S. Federal Reserves policy announcement and...

Politics

Lebanon Lawyers Seek Probe Into Banker Over Alleged Netanyahu Dinner in Washington

A group of Lebanese lawyers has filed a legal complaint urging the countrys top prosecutor to investigate prominent banker Antoun Sehnaoui over allegations that he co-hosted a dinner in Washington attended by Israeli Prime...

U.S. Launches Air Strikes on Iran After Alleged Missile Attack on American Forces

The United States launched air strikes against targets in Iran on Wednesday night, marking a sharp escalation in tensions across the Middle East following what Washington described as an attempted Iranian attack on U.S....

New Jewish-Arab Party Seeks Young Voters Ahead of Israel Election Amid Debate Over Arab Vote

A newly formed Jewish-Arab political party is aiming to attract younger voters ahead of Israels October 27 parliamentary election, but critics argue its emergence could divide the Arab vote and strengthen Prime Minister...

Oman Proposes Strait of Hormuz Plan as U.S. Rejects Iran Shipping Fee Idea

Oman has presented Iran with a Gulf-backed proposal to help manage shipping through the Strait of Hormuz, including a system of voluntary contributions from vessels, according to Reuters sources. The initiative aims to...

Ukraine F-16 Fighter Jet Crashes During Mission, Pilot Ejects Safely

Ukraines Air Force confirmed on Wednesday that one of its U.S.-made F-16 fighter jets crashed while carrying out a combat mission, although the pilot survived after successfully ejecting from the aircraft. According to a...

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

Sony Eyes $1.3 Billion Tamron Acquisition as Lens Maker Reviews Offer

Tamron (TYO:7740) confirmed Thursday that it has received a non-binding acquisition proposal from Sony (TYO:6758), following reports that the potential deal could be worth approximately 200 billion yen ($1.3 billion). The...

Samsung Q2 Profit Surges on AI Memory Chip Demand, Forecasts Strong Second Half

Samsung Electronics reported stronger-than-expected second-quarter earnings, driven by soaring demand for artificial intelligence (AI) memory chips as global investment in AI infrastructure continued to accelerate. For the...

Russia Charges Telegram Founder Pavel Durov With Facilitating Terrorism, Seeks International Arrest

Russia has formally charged Telegram founder Pavel Durov with facilitating terrorist activity, accusing the messaging platform of being used by Ukrainian intelligence services to recruit operatives and organize attacks...

Meta Stock Drops After Earnings Miss as AI Spending and Legal Costs Weigh on Profit

Meta Platforms (NASDAQ: META) shares fell 8% in after-hours trading after the social media giant reported second-quarter earnings that missed Wall Street expectations and issued weaker-than-expected third-quarter revenue...

Microsoft Stock Jumps as Azure Growth, AI Revenue Beat Expectations

Microsoft (NASDAQ: MSFT) shares surged more than 7% in after-hours trading on Wednesday after the technology giant reported stronger-than-expected quarterly earnings, delivered robust Azure cloud growth, and reaffirmed its...
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