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FxWirePro: Copper finds strong support at 200-DMA (3.079), good to go short on break below

Apr 26, 2018 10:11 am UTC| Technicals

Copper extends choppy trade, holds above 3.0 mark, bias bearish. Price action remains capped by daily cloud which weighs heavily on the upside. Technical indicators on daily charts are turning slightly bearish....

FxWirePro: USD/CHF hits 4- month high, good to buy on dips

Apr 26, 2018 09:26 am UTC| Technicals

USD/CHF was trading higher and jumped more than 100 pips in this week. It hits high of 0.98485 highest since Jan 2018 and closed above major trend line resistance for past four trading days. The Swiss franc was trading...

FxWirePro: Cloud caps upside in AUD/NZD, good to go long on break above

Apr 26, 2018 08:02 am UTC| Technicals

AUD/NZD has closed above 54-EMA resistance at 1.0681 on Wednesdays trade, bias higher. Upside finds stiff resistance at daily cloud base at 1.0725, we see further upside only on break above. Price is...

FxWirePro: XAG/USD trades in narrow range, faces immediate resistance at $16.62 mark

Apr 26, 2018 07:59 am UTC| Technicals

XAG/USD is currently trading around $16.54 marks. It made intraday high at $16.60 and low at $16.49 levels. Intraday bias remains neutral till the time pair holds key support at $16.48 mark. A daily close...

FxWirePro: GBP/JPY Daily Outlook

Apr 26, 2018 07:41 am UTC| Technicals

GBP/JPY is consolidating in narrow range between 151.60 and 152.59 for past three trading days. The yen was trading weak against all majors from Friday on account of easing geo political tensions and rising US bond yield....

FxWirePro: Gold Short term Outlook

Apr 26, 2018 07:19 am UTC| Technicals

Gold technical model Gold Monthly chart Looks still bullish and is trading above 10-M and 20- M MA ($1294 $1270). It has formed almost triple top at $1365. Trend -Bullish Gold Weekly chart- It is showing a...

FxWirePro: GBP/NZD extends 'Symmetric Triangle' breakout, bias higher, stay long

Apr 26, 2018 06:57 am UTC| Technicals

GBP/NZD is extending grind higher after breakout at 1.96 (Triangle Top), bias remains higher. The major trades with a bullish momentum, scope for test of 1.98 levels. RSI shows strength at 69 levels with room to...

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Economy

Silver Prices Hit Record High as Geopolitical Tensions Fuel Safe-Haven Demand

Silver prices surged to a record high during early Asian trading on Monday, driven by escalating geopolitical tensions that boosted demand for safe-haven assets across global markets. Concerns over renewed hostilities...

Japan Signals Possible Yen Intervention as Currency Weakens Despite BOJ Rate Hike

Japans top currency officials have stepped up verbal warnings against sharp movements in the yen, raising market expectations of potential government intervention after the Japanese currency weakened following the Bank of...

U.S. Stock Futures Rise Ahead of Holiday-Shortened Week as AI Optimism Lifts Tech

U.S. stock index futures edged higher on Sunday evening, pointing to a slightly stronger start for Wall Street as renewed optimism around artificial intelligence and a rebound in technology stocks helped support investor...

Yen Slides as BOJ Caution Undercuts Rate Hike Impact

The Japanese yen weakened sharply on Monday, hovering near record lows against major currencies, after Bank of Japan Governor Kazuo Ueda reiterated a cautious policy stance despite a recent interest rate hike. The yens...

Oil Prices Climb in Asian Trade as Venezuela Sanctions and Middle East Tensions Fuel Risk Premium

Oil prices edged higher in early Asian trading on Monday, rebounding after two consecutive weeks of losses, as geopolitical risks and potential supply disruptions lifted market sentiment. Brent crude futures for February...

Politics

Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

The U.S. Department of Justice confirmed on Sunday that a photo involving President Donald Trump, which had briefly been removed from the cache of Jeffrey Epstein-related documents, was restored after an internal review...

U.S., Europe, Ukraine Hold Productive Florida Talks on Ending Russia-Ukraine War

Senior officials from the United States, Europe, and Ukraine concluded three days of high-level talks in Florida aimed at advancing efforts to end Russias war in Ukraine, with discussions centered on aligning positions and...

Najib Razak Awaits Court Rulings in 1MDB Case as Malaysia’s Anti-Graft Drive Faces Test

Malaysias former prime minister Najib Razak is set to learn on Monday whether he can serve the remainder of his jail sentence under house arrest, a decision that could have major political and legal implications for the...

Putin Aide Says European, Ukrainian Changes Fail to Improve Ukraine Peace Prospects

A senior aide to Russian President Vladimir Putin said on Sunday that proposed changes by European countries and Ukraine to U.S.-drafted plans for ending the war in Ukraine have not improved the chances of achieving...

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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