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Crypto Technicals: BTC/USD correction from 10-month highs finds support at 1H 55-EMA, break below to see dip till 6600

May 13, 2019 08:02 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Coinbase Support: 5950 (21-EMA); Resistance: 7777 (June 2018 high) Technical Analysis: Bias Bullish BTC/USD corrects lower from 10-month highs at 7581 hit on May 12th...

FxWirePro: EUR/USD trends slide through descending channels, minor trend takes channel support and major downtrend fails at resistance

May 13, 2019 07:01 am UTC| Technicals

EURUSDhas formed the sloping channel in both minor and major trends (refer daily and monthly charts). The bullish streaks are observed from 2-3 weeks in a row upon the test of channel support at 1.1109 levels. Most...

FxWirePro: AUD/CAD Near-Term Outlook

May 13, 2019 06:32 am UTC| Technicals

AUD/CAD chart - Trading View AUD/CAD rejected at session highs at 0.9399, bias bearish. Near-term trend in the pair has turned bearish as indicated by GMMA indicator. Recovery attempts capped at cloud which...

FxWirePro: NZD/USD finds stiff resistance at 0.66 handle, bullish divergence keeps scope for upside

May 13, 2019 05:47 am UTC| Technicals

NZD/USD chart - Trading View NZD/USD trades 0.27% lower at 0.6579 at 0535 GMT, bias lower. The pair has paused recovery, finds stiff resistance at 0.66 (major trendline resistance). We see bullish...

FxWirePro: AUD/USD capped at 0.70 handle, antipodeans under pressure amid little signs of de-escalation in Sino-US trade war

May 13, 2019 04:51 am UTC| Technicals

AUD/USD chart - Trading View AUD/USD flashes red at the beginning of the weeks trade, Aussie depressed on poor data and escalating Sino-US trade war. Australia home loans fell 2.5% in March, reversing the 2%...

FxWirePro: AUD/CHF breaks below daily cloud, on track to test 38.2% Fib at 0.7045

May 13, 2019 04:03 am UTC| Technicals

AUD/CHF chart - Trading View AUD/CHF extends weakness below cloud, Aussie depressed following the release of the dismal Australian home loans data. Australia home loans fell 2.5% in March, reversing the 2% rise...

FxWirePro: AUD/CHF Trade Idea

May 10, 2019 11:52 am UTC| Technicals

AUD/CHF chart - Trading View - AUD/CHF recovery capped at 200-DMA, bias lower - The pair has broken below major trendline support at 0.7165 - Stochs and RSI are sharply lower and MACD supports weakness, volatility...

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Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

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ASX Proposes New Share Dilution Limits for Public Takeovers

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Politics

Jamaica in Talks With U.S. to Accept Third-Country Deportees Under New Migration Agreement

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Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

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Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

Russian attacks on cities in eastern and southeastern Ukraine killed at least four people and injured several others late Tuesday, according to local officials and prosecutors. The latest wave of strikes highlights the...

Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

Brazils Supreme Court has convicted Eduardo Bolsonaro, the son of former Brazilian President Jair Bolsonaro, for seeking foreign interference in legal proceedings involving his father. In a unanimous decision on Tuesday, a...

US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

The United States and Iran have reached an interim agreement aimed at extending peace efforts in the Middle East and reducing tensions following months of conflict. U.S. President Donald Trump confirmed that the deal...

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

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...
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