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Sat, Apr 11, 2026 02:49 AM All times are UTC

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FxWirePro: Sell USD/CHF on rallies

Apr 21, 2017 08:00 am UTC| Technicals

USD/CHF taken support near 200 day MA and jumped till 0.99945 yesterday. The pair should break above 1.0024 (55- day EMA) for further bullishness. The minor resistance is around 1.000 and any break above target...

FxWirePro: EUR/JPY bears resume at 21-EMA to extend handle pattern to adjoining inverse saucer in major trend – Boundary binaries right choice of speculation

Apr 21, 2017 06:40 am UTC| Technicals

As stated in our previous write up, EURJPY bearish trend remains intact. The upswings from last 4 consecutive days are absolutely exhausted after failure swings at the resistance of 21-EMA. But in the major trend,...

FxWirePro: Buy USD/JPY above 109.45

Apr 21, 2017 06:37 am UTC| Technicals

Demand zone 108.65-109.15. Major resistance 109.45 (trend line joining 109.86 and 109.48, 38.2% retracement of 111.58 and 108.13). USD/JPY has shown a jump for past two days after forming a bottom at 108.13....

FxWirePro: USD/CNY remains well supported above 6.88 mark, PBOC sets yuan mid-point at 6.8823

Apr 21, 2017 06:27 am UTC| Technicals

USD/CNY is currently trading around 6.8833 marks. It made intraday high at 6.8846 and low at 6.8774 levels. Intraday bias remains bullish till the time pair holds key support at 6.8749 marks. A sustained...

FxWirePro: Gold trades flat, markets await French election result for further direction

Apr 21, 2017 05:45 am UTC| Technicals

Gold prices yesterday ends with small gain after a minor sell off till $1273.90. The yellow metal prices are muted as markets await first round French Presidential election results on Sunday. U.S dollar index has once...

FxWirePro: Indian rupee rises gradually against U.S. dollar, stay bearish

Apr 21, 2017 05:39 am UTC| Technicals

USD/INR is currently trading around 64.63 marks. It made intraday high at 64.74 and low at 64.63 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.79 marks. Key resistances...

FxWirePro: USD/TWD breaks key support at 30.30 mark, good to sell on rallies

Apr 21, 2017 04:48 am UTC| Technicals

USD/TWD is currently trading around 30.32 marks. It made intraday high at 30.42 and low at 30.26 marks. Intraday bias remains bearish till the time pair holds key resistance at 30.50 marks. A daily close...

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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 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...

Gaza Airstrike Kills Six at Bureij Camp Police Checkpoint

An Israeli airstrike struck a police checkpoint in the Bureij refugee camp, located in the central Gaza Strip, in the early hours of Saturday morning, killing at least six people and wounding several others, according to...

Iran-US Peace Talks Begin in Islamabad Amid Ceasefire Tensions

Irans delegation touched down in Islamabad, Pakistan, on Friday to begin high-stakes diplomatic negotiations with the United States, even as Tehran raised last-minute conditions that cast uncertainty over the proceedings....

Trump's Gaza Peace Plan Stalls as Billions in Pledged Funding Fails to Materialize

Donald Trumps ambitious Gaza reconstruction initiative is facing a serious setback, with his Board of Peace receiving only a fraction of the $17 billion pledged by international donors. According to sources familiar with...

Trump Vows to Reopen Strait of Hormuz Amid Historic Energy Crisis

President Donald Trump stated on Friday that the United States expects to reopen the Strait of Hormuz fairly soon, though he acknowledged the effort would not be straightforward. Speaking to reporters, Trump did not...

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

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...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...