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Crypto Technicals: BTC/USD spikes above 6000 mark, tests 61.8% Fib at 6041, bias higher

May 03, 2019 09:01 am UTC| Digital Currency Technicals

BTC/USD chart - Trading View Exchange - Bitfinex Support: 5785 (trendline); Resistance: 6041 (61.8% Fib) Technical Analysis: Bias Bullish - BTC/USD takes out 6000 mark, tests 61.8% Fib at 6041, bias...

FxWirePro: EUR/JPY recovery capped at 21-EMA, trades rangebound ahead of key eurozone inflation data

May 03, 2019 08:16 am UTC| Technicals

EUR/JPY chart - Trading View EUR/JPY rangebound ahead of key inflation data, technical bias is bearish. Recovery in the pair has been capped at 21-EMA which is stiff resistance currently at 125.14. Todays...

FxWirePro: AUD/CAD finds strong support at 0.94 handle, good to go short on break below

May 03, 2019 07:33 am UTC| Technicals

AUD/CAD chart - Trading View Fundamental View: - Aussie dampened following the release of the weak Australia building permits data. - Australia Building Permits fell 15.5% in March, almost reversing the 19.1% rise...

GBPJPY: Trend line resistance and 61.8% fib

May 03, 2019 07:30 am UTC| Technicals

GBPJPY has halted its 1- week of uptrend and shown a decline of 80 pips. BOE has kept its rates unchanged and mentioned that Overall GDP growth appears bang in line with forecasts. But Brexit uncertainty is putting...

FxWirePro: AUD/JPY capped below 5-DMA, Aussie dampened following weak building permits data

May 03, 2019 06:41 am UTC| Technicals

AUD/JPY chart - Trading View AUD/JPY on track to close in the red for the 3rd straight week, bias bearish. Price action has fallen below daily cloud and major moving averages. Aussie dampened following the...

FxWirePro: AUD/USD’s bears drag after breach below double top neckline – Bearish trade setup ahead of RBA on imminent dips

May 03, 2019 06:31 am UTC| Technicals

Technical chart and candlestick patterns:AUDUSDfailure swings at the stiff resistance with hanging man and spinning top patterns plummet prices below DMAs, For now, more slumps seem to be likely upon breach below strong...

FxWirePro: Gold trades flat, markets eye US NFP data

May 03, 2019 05:56 am UTC| Technicals

Gold has once again recovered after hitting low of $1266 amid strong US dollar. Markets eye US non farm payroll data for further direction. DXY shown a good recovery of more than 70 pips from low of 97.15. Overall trend is...

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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

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

Oil Prices Ease as Markets Weigh U.S.-Iran Peace Deal and Strait of Hormuz Reopening

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Asian Stocks Advance as Nikkei Nears Record High Ahead of Fed Decision

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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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