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Sun, Apr 12, 2026 07:37 PM All times are UTC

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FxWirePro: EUR/GBP breaks major trendline resistance at 0.90, bias higher

Aug 08, 2017 11:49 am UTC| Technicals

EUR/GBP has broken major trendline resistance at 0.90, we see scope for further upside. Momentum studies on weekly charts are bullish, RSI strong at 66 and biased higher. MACD supports trend higher. Price action...

USD/CHFfaces strong resistance at 0.97710, break above targets 0.9847

Aug 08, 2017 11:02 am UTC| Technicals

USD/CHF is consolidating after hitting high of 0.97643 on Friday. Intraday trend is still neutral as long as support 0.9640 holds. It is currently trading around 0.97200. The pair minor bullishness can be seen only...

FxWirePro: USD/JPY extends range trade, hovers around 5-DMA at 110.55, weakness likely on break below

Aug 08, 2017 10:35 am UTC| Technicals

US dollar subdued against major peers for the second straight session, USD/JPY down 0.16% on the day. The major is extending corrective slide post NFP rally, hovers around 5-DMA at 110.55. Comments from the...

FxWirePro: AUD/CAD consolidates break above 200-DMA at 1.0025, bias higher

Aug 08, 2017 09:18 am UTC| Technicals

AUD/CAD is extending consolidation phase after break above 200-DMA at 1.0025. Technical indicators are biased higher, momentum studies bullish. The pair finds major resistance at 1.0044 (weekly 20-SMA), decisive...

FxWirePro: FTSE100 forms Bearish Anti Nen Star Pattern, good to sell on rallies

Aug 08, 2017 09:17 am UTC| Technicals

Harmonic pattern formed- Bearish Anti Nen Star Pattern Potential reversal Zone (PRPZ) - 7597 FTSE100 has formed a temporary top around 7535 and slightly declined from that level. The index declined till 7514 and...

FxWirePro: Chinese yuan strengthens on robust trade balance data

Aug 08, 2017 08:40 am UTC| Technicals

USD/CNY is currently trading around 6.7026 marks. It made intraday high at 6.7206 and low at 6.6959 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.7289 mark. A sustained...

FxWirePro: 'Bullish divergence' on EUR/CAD, good to go long on dips

Aug 08, 2017 07:26 am UTC| Technicals

EUR/CAD on track to test trendline resistance at 1.5260. The pair has bounced off weekly 200-SMA and technical indicators on weekly charts are bullish. We note bullish divergence from price action on RSI and...

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Economy

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

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

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

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

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

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

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

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...