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USD/CHF breaks major support at 0.9550, decline till 0.9440 likely

Jul 18, 2017 13:17 pm UTC| Technicals

USD/CHF has broken major support at 0.9550 and declined slightly till 0.95380. It is currently trading around 0.9542. Any break below 0.9550 will drag the pair till 0.9520 /0.9440. Overall trend reversal below...

FxWirePro: EUR/USD Trade Idea

Jul 18, 2017 12:35 pm UTC| Technicals

Euro jumped sharply and hits fresh 52 week high yesterday after rejection of Trump health care bill by two more republican senators. Republican senators Mike Lee of Utah and Jerry Moran of Kansas has opposed the health...

FxWirePro: EUR/USD hits fresh year high, jump till 1.17135 likely

Jul 18, 2017 11:31 am UTC| Technicals

Euro jumped sharply and hits fresh 52 week high yesterday after rejection of Trump health care bill by two more republican senators. Republican senators Mike Lee of Utah and Jerry Moran of Kansas has opposed the health...

FxWirePro: Gold tests support at double top neckline in short term trend, bears linger in major consolidation phase

Jul 18, 2017 11:24 am UTC| Technicals

The double top formation with top 1 at 1295.46 and top 2 at 1296.06 neckline at around 1212 levels, rallies have tested support at this neckline. Shooting star signals weakness, but the current prices are hovering at...

FxWirePro: Pound slumps on surprise UK inflation dip, good to short rallies in GBP/AUD

Jul 18, 2017 10:41 am UTC| Technicals

GBP/AUD slumps below 200-DMA support at 1.6660 to hit 3-month lows at 1.6401. UK consumer prices rose at an annualized 2.6% during last month vs. a forecasted gain of 2.9% and down from Mays 2.9% raise. CPI was...

FxWirePro: GBP/USD declines after weaker UK CPI data, good to buy on dips

Jul 18, 2017 10:39 am UTC| Technicals

Cable has dipped slightly after hitting fresh 2017 high at 1.31139 yesterday. The pair declined till 1.30158 after weaker than expected UK CPI data. . UK inflation came at 2.6% compared to forecast of 2.9% It is currently...

FxWirePro: AUD/JPY spikes above weekly 200-SMA at 88.68 to hit 19-month highs at 88.94, bias higher

Jul 18, 2017 09:11 am UTC| Technicals

Aussie buoyed on upbeat RBA comments in the monetary policy statement. AUD/JPY soars 1.26 pct on the day, spikes past weekly 200-SMA to hit 19-month highs at 88.94. Technical studies support further gains in the...

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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

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Politics

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

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

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

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Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

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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

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

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

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

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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

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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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