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Sat, Apr 11, 2026 05:32 AM All times are UTC

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FxWirePro: USD/CHF struggles to close above 200- MA, good to sell on rallies

May 04, 2017 13:16 pm UTC| Technicals

USD/CHF is consolidates in narrow range between 0.99687 and 0.98908 for the past ten working days. It is currently trading around 0.99201 0.27% lower. The pair should close above 200- day MA for minor bullishness. The...

FxWirePro: USD/CAD upside capped by 1.37500, good to buy on dips

May 04, 2017 12:41 pm UTC| Technicals

The Canadian dollar shown mild consolidation after hitting low of 1.3754 on May 2nd 2017.It is trading between 1.3754 and 1.3679 for the past two trading session. It is currently trading around 1.37187. The pair...

FxWirePro: GBP/AUD breaks major trendline resistance at 1.7120, good to go long on dips

May 04, 2017 12:04 pm UTC| Technicals

GBP/AUD has broken major trendline resistance at 1.7120, we see scope for further gains. The pair is holding break above 200-DMA, we see weakness only on close below. Bullish RSI divergence adds to upside bias in...

FxWirePro: GBP/JPY trade idea

May 04, 2017 11:26 am UTC| Technicals

Major resistance -144.80 GBP/JPY continues its winning momentum after showing an intraday decline till 144.65.The pair is forming a minor bottom around 144.50 and any intraday weakness can be seen only below that...

FX Hedging Strategy Series

FxWirePro: EUR/CHF intermediary trend slides in sloping channel to ensure major non-directional trend – Tunnel spreads to speculate and futures to hedge

May 04, 2017 11:24 am UTC| Technicals

The short term trend of this pair has been traveling in the sloping channel (refer weekly charts). Despite the upswings in the last couple of trading sessions, prices for the day is restrained at 1.0873 levels (this...

FxWirePro: USD/JPY struggles at cloud top, break above to see further gains

May 04, 2017 10:01 am UTC| Technicals

USD/JPY price action breaks into daily cloud, but upside seems to struggling to break past cloud top. We find strong resistance at 112.80/90 levels, only break above could see further gains. Momentum studies are...

FxWirePro: EUR/USD trades flat after Fed, market focus on NFP and French elections for further directions

May 04, 2017 09:59 am UTC| Technicals

EUR/USD is in consolidation phase between 1.08610 and 1.09500 for the past five trading days. Euro shown a mild reaction after hawkish US Fed monetary policy. It is currently trading around 1.09179. US Fed has kept...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

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...