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FxWirePro: EUR/KRW remains well supported above 1,265 mark, futher sideways movement likely

Mar 11, 2019 01:20 am UTC| Technicals

EUR/KRW is currently trading around 1,273 mark. It made intraday high at 1,274 and low at 1,271 levels. Intraday bias remains slightly bullish till the time pair holds key support at 1,265 mark. A sustained...

FxWirePro: Gold trades higher on weak US NFP data, good to buy on dips

Mar 08, 2019 14:57 pm UTC| Technicals

Major resistance - $1300 Gold has shown a minor jump of nearly $15 after weaker than expected US Non farm payroll data. US economy has added 20000 jobs in Feb compared to forecast of 180k and unemployment rate declined...

FxWirePro: USDCHF trade idea

Mar 08, 2019 12:05 pm UTC| Technicals

USDCHF was trading higher and jumped more than 80 pips on broad based US dollar buying. It has broken major resistance around 1.0100 and jumped till 1.01242 yesterday. USD dollar was trading higher against all major...

FxWirePro:USD/CAD hovers near 2-month high, markets eye US/Canadian jobs data

Mar 08, 2019 11:58 am UTC| Technicals

USD/CAD is trading higher for 6th consecutive day and jumped more than 300 pips from the low of 1.31299 level.The jump was mainly due to dovish BOC monetary policy.Bank of Canada kept its interest rates unchanged at 1.75%...

FxWirePro: Spotlight on BTC/USD trend - Caution for aggressive bulls on RSI bearish divergence

Mar 08, 2019 11:28 am UTC| Digital Currency Technicals

Spotlight on Technical and Candlestick Pattern and Indications: BTCUSDforms shooting star and hanging man at $3,976.10 and $3,972 levels respectively. The minor resistance levels are observed at near $3,900 -...

S&P500 hits 2-week low and trades slightly below 200- day MA, dip till 2685 likely

Mar 08, 2019 10:06 am UTC| Technicals

Chart pattern- Double top Major resistance- 2820 SP500 trades weak for 5thconsecutive after a continuous jump for past more than 2- month. The index recovered more than 20% from low of 2334 level on account...

FxWirePro: DAX30 trades lower on Euro zone growth concern, good to sell on rallies

Mar 08, 2019 09:17 am UTC| Technicals

Chart pattern- triple top Major resistance - 11680 DAX trades lower for 3rdconsecutive day following footsteps of Wall Street. All European markets is trading lower after more dovish ECB. The central bank has...

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Economy

Fed Chair Kevin Warsh Signals Policy Overhaul as Hawkish Rate Outlook Rattles Markets

Federal Reserve Chair Kevin Warsh unveiled sweeping plans to review key central bank practices on Wednesday while signaling an end to forward guidance, marking what he described as a new chapter for U.S. monetary policy....

Trump and Iran Sign Framework Peace Deal in France Amid Ongoing Middle East Tensions

U.S. President Donald Trump and Iranian President Masoud Pezeshkian have reportedly signed a memorandum of understanding (MoU) aimed at reducing tensions between Washington and Tehran, according to multiple media reports....

US Stock Futures Jump on Reports of Preliminary US-Iran Peace Deal Despite Fed’s Hawkish Outlook

U.S. stock index futures surged Wednesday evening after reports indicated that U.S. President Donald Trump and Iranian President Masoud Pezeshkian had signed a preliminary agreement aimed at ending the months-long conflict...

Oil Prices Drop as U.S.-Iran Peace Deal Eases Supply Concerns

Oil prices declined in Asian trading on Thursday as investors evaluated the impact of a newly announced U.S.-Iran peace agreement and growing expectations of a global oil supply surplus. The prospect of increased Iranian...

Gold Prices Rebound on U.S.-Iran Peace Deal Optimism Despite Fed Rate Hike Signals

Gold prices climbed during Asian trading on Thursday, recovering from losses recorded in the previous session as investors reacted positively to the signing of an interim peace agreement between the United States and Iran....

Politics

Russia Accuses Ukraine of Drone Strike on Bus Carrying Belarusian Children

Russia has accused Ukraine of carrying out a deadly drone strike on a bus transporting Belarusian schoolchildren in the Bryansk region, a claim that Ukraines military has strongly denied. The incident has intensified...

Australia Eases Capital Gains Tax Reforms to Support Small Businesses and Startups

The Australian government has announced significant changes to its planned capital gains tax (CGT) reforms following widespread concerns from industry groups and business leaders that the original proposal could hinder...

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

Jamaica is negotiating a new migration agreement with the United States that would allow the Caribbean nation to temporarily receive third-country migrants deported by U.S. authorities, according to Deputy Prime Minister...

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

U.S. President Donald Trump publicly criticized Israels military operations in Lebanon, questioning the necessity of destroying entire apartment buildings while targeting Hezbollah militants. Speaking during the G7 summit...

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...

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

SK Hynix Shares Hit Record High After Shipping Next-Generation HBM4E AI Memory Samples

SK Hynix Inc. saw its shares surge to an all-time high on Thursday after announcing the shipment of samples of its latest high-bandwidth memory (HBM) product, reinforcing its position as a leading supplier in the rapidly...

Apple Signals Product Price Hikes Amid Rising Memory Chip Costs

Apple may soon increase prices across some of its products as rising memory and storage chip costs continue to pressure the consumer electronics industry. In an interview with The Wall Street Journal, Apple CEO Tim Cook...

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...
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