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FxWirePro: NZD/JPY finds major trendline support at 78, weakness only on break below

Sep 06, 2017 06:52 am UTC| Technicals

GDT disappointment keeps kiwi dented, NZD/JPY down 0.14% on the day. On the other side, Yen remains bid as North Korea continues to concern the global arena. The pair has broken below major trendline support at...

FxWirePro: GBP/JPY forms rising wedge pattern, good to buy on dips

Sep 06, 2017 06:49 am UTC| Technicals

GBP/JPY has once again recovered after declining till 141.15 yesterday. The pair has formed rising wedge and any weakness can be seen only below 141.15. It is currently trading around 141.65. The near term resistance...

FxWirePro: AUD/USD drifts in non-directional, popping up with back-to-back spinning top and shooting stars, consolidation phase remains intact

Sep 06, 2017 06:48 am UTC| Technicals

AUDUSD has seemingly moved in non-directional trend after brief downtrend in the recent past. Consequently, bears have managed to show their effects by forming shooting star and spinning top patterns on daily terms (refer...

FxWirePro: USD/SGD breaks key support at 1.3545 mark, stay bearish

Sep 06, 2017 06:36 am UTC| Technicals

USD/SGD is currently trading around 1.3531 marks. It made intraday high at 1.3540 and low at 1.3519 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.3572 mark . A daily close...

FxWirePro: AUD/JPY hovers around 20-DMA at 86.74, good to go short on break below

Sep 06, 2017 06:18 am UTC| Technicals

AUD/JPY extends downside after break below 50-DMA at 87.23, bias bearish. The pair is continuing in a possible Bullish Bat formation on daily charts. Markets disappointed as Q2 GDP was in line with forecasts....

FxWirePro: USD/INR breaks key resistance at 64.25 mark, bias remains bullish

Sep 06, 2017 05:58 am UTC| Technicals

USD/INR is currently trading around 64.23 marks. It made intraday high at 64.28 and low at 64.11 marks. Intraday bias remains bullish till the time pair holds key support at 63.99 marks. Key resistances are...

FxWirePro: Gold forms Bearish pattern in daily chart, good to sell on rallies

Sep 06, 2017 05:41 am UTC| Technicals

Harmonic Pattern formed Bearish AB= CD Potential reversal Zone - $1344.20 Gold is trading continuously positive for the past eight trading session. The yellow metal hits fresh year high after breaking $1337 high...

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Economy

Oil Prices Surge as U.S. Imposes Blockade on Iranian Shipping Amid Ongoing Middle East Tensions

Global financial markets were rattled Monday after the United States announced a blockade on Iranian shipping following the breakdown of weekend peace negotiations. The decision has renewed fears over Middle East energy...

Bank of Korea Governor Nominee Warns of Action if Korean Won Weakens Further

South Koreas Bank of Korea governor nominee, Shin Hyun-song, signaled on Monday that policymakers stand ready to intervene should the Korean won experience excessive depreciation. In written statements submitted to...

U.S. Blockades Strait of Hormuz as Oil Prices Surge Past $100

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U.S. Futures Plunge as Iran Ceasefire Talks Collapse and Hormuz Blockade Looms

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Spain's Sanchez Visits China to Deepen Trade Ties Amid U.S. Tensions

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Politics

Taiwan Insists Government Must Lead Cross-Strait Engagement Amid China's New Incentives

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Spain's Sanchez Urges China to Take Greater Global Leadership Role During Beijing Visit

Spanish Prime Minister Pedro Sanchez called on China to assume a more meaningful role in addressing pressing global challenges, including climate change, international security, defense, and the fight against inequality....

Hungary's Orban Loses Power as Magyar Wins in Landslide; U.S. Reactions Divided

Hungarian Prime Minister Viktor Orban, a close ally of U.S. President Donald Trump, was voted out of power after 16 years in office as Hungarians turned out in record numbers to elect center-right challenger Peter Magyar....

Peru Presidential Election 2025: Lopez Aliaga Leads Early Results

Early official vote counts from Perus presidential election reveal that right-leaning candidate Rafael Lopez Aliaga is currently ahead of the competition, securing 23.4% of the vote. With only 5% of ballots tallied so far,...

Trump Dismisses Iran Talks, Orders Strait of Hormuz Blockade

President Donald Trump signaled indifference toward renewed diplomacy with Iran on Sunday, telling reporters at Joint Base Andrews, I dont care if they come back or not, if they dont come back, were fine. His remarks...

Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Record Q1 2026 Profits Driven by Surging AI Chip Demand

Taiwan Semiconductor Manufacturing Co. (TSMC) is on track to deliver its fourth straight quarter of record-breaking earnings, with analysts forecasting a 50% jump in net profit for the first quarter of 2026. The surge is...

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...
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