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FxWirePro: US Dollar Index Daily Outlook

Aug 31, 2017 13:37 pm UTC| Technicals

US Dollar index has recovered sharply till 93.20 at the time of writing after hitting low of 91.62. It is currently trading around 93.07. Short term trend is still weak as long as resistance 93.60 (23.6% retracement...

FxWirePro: EUR/USD faces strong support at 21- day EMA, good to buy on dips

Aug 31, 2017 13:04 pm UTC| Technicals

EURUSD declined sharply below 1.1900 after hitting 27 month high at 1.20704 level. USD got strengthened slightly after better than expected US ADP data. US economy has added 327K private jobs compared to forecast of...

FxWirePro: EUR/GBP bullish engulfing to counter shooting stars, leading and lagging indicators signal stiff tug of war, major trend likely to sustain further

Aug 31, 2017 11:55 am UTC| Technicals

EURGBP rallies for the day seems to be little edgy, restrained below 21DMAs but not exhaustive as it tests strong supports at 0.9189 levels. Consequently, forms both bullish and bearish candlestick patterns such as...

FxWirePro: GBP/JPY trade Idea

Aug 31, 2017 11:19 am UTC| Technicals

GBPJPY declined slightly after hitting high of 142.90. The pair hits low of 142.39 for the intraday. It is currently trading around 142.22. The downside is capped by minor trend line support at 142.30 (trend line...

FxWirePro: AUD/JPY struggles to close above daily cloud, bias higher, stay long

Aug 31, 2017 10:56 am UTC| Technicals

AUD/JPY failed to hold break above cloud top on Wednesdays trade, edges lower to close within the daily cloud. Price action on the day has been contained below cloud top resistance at 87.47. Technical studies are...

FxWirePro: Buy GBP/JPY on dips

Aug 31, 2017 10:46 am UTC| Technicals

GBPJPY declined slightly after hitting high of 142.90. The pair hits low of 142.39 for the intraday. It is currently trading around 142.42. The downside is capped by minor trend line support at 142.30 (trend line...

FxWirePro: NZD/JPY recovery rejected at cloud base, slips below 5-DMA at 79.28

Aug 31, 2017 10:21 am UTC| Technicals

NZD/JPY recovery was rejected at cloud base, the pair slips lower to break below 5-DMA at 79.28. Long upper wicks on daily candles suggests selling pressure at highs, the pair is extending downside for 2nd consecutive...

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Economy

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

Spanish Prime Minister Pedro Sanchez arrived in China on Monday for his fourth visit in four years, reinforcing Spains commitment to an independent foreign policy that has increasingly put him at odds with U.S. President...

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

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Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

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Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

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Politics

Trump Blasts Pope Leo as "Weak" Amid Foreign Policy and Immigration Disputes

United States President Donald Trump launched a sharp public attack against Pope Leo on Sunday evening, branding the Catholic Churchs leader as weak on crime and terrible when it comes to foreign policy. The outburst came...

Viktor Orban Loses Power After 16 Years as Hungary's Tisza Party Claims Landslide Election Victory

After more than a decade and a half in power, Hungarian Prime Minister Viktor Orban has been voted out of office following a decisive victory by the centre-right Tisza party in Sundays national election. The political...

Peru Presidential Election 2026: Keiko Fujimori Takes Early Lead in First-Round Vote

According to an early exit poll released by Ipsos Peru on Sunday, right-leaning presidential candidate Keiko Fujimori has taken the lead in Perus ongoing presidential election, capturing 16.6% of the vote. The results...

U.S. Blockades Strait of Hormuz After Iran Nuclear Talks Collapse

President Donald Trump announced Sunday that the United States Navy would begin blockading the Strait of Hormuz following the breakdown of high-stakes nuclear negotiations with Iran in Islamabad. The U.S. Central Command...

Peter Magyar Ends Viktor Orbán's 16-Year Rule in Historic Hungary Election

Peter Magyar, leader of the centre-right, pro-European Tisza party, has defeated longtime Hungarian Prime Minister Viktor Orbán in a landmark parliamentary election that drew record voter turnout. Partial results...

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

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...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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