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FxWirePro: NZD/USD weekly selling momentum signals monthly shooting star has more bearish potential leftover, break below 0.6949 likely to drag 23.6% fibos

Nov 25, 2016 02:19 am UTC| Technicals

Had we not raised this in our previous post FxWirePro: NZD/USD price, volumes and open interest act as per bears whim fancy Snap rallies for fresh short build ups. Please refer below weblink for more...

FxWirePro: South Korean won depreciates on the back of lower than expected consumer sentiment index

Nov 25, 2016 01:43 am UTC| Technicals

USD/KRW is currently trading around 1,180 levels. It made intraday high at 1,182 and low at 1,177 marks. Intraday bias remains bullish till the time pair holds key support at 1,172 levels. A daily close...

FxWirePro: Silver falls in early hours of Asia, stay bearish

Nov 25, 2016 01:23 am UTC| Technicals

XAG/USD is currently trading around $16.19 marks. It made intraday high at $16.34 and low at $16.11 levels. Intraday bias remains bearish till the time pair holds immediate resistance at $16.48 marks. A...

FxWirePro: Yen hits lowest level since late March after Japan’s core CPI data

Nov 25, 2016 00:58 am UTC| Technicals

USD/JPY is currently trading around 113.67 marks. It made intraday high at 113.79 and low at 113.18 levels. Intraday bias remains bullish till the time pair holds key support at 112.35 levels. A daily close...

FxWirePro: EUR/USD gains some upside momentum but still bearish

Nov 24, 2016 16:02 pm UTC| Technicals

The EUR /USD pair inched slightly higher on Thursday as greenback bullish run paused against euro in thin trading volumes amid the U.S. Thanksgiving holiday. Recent positive U.S. economic data has helped to boost the...

FxWirePro: USD/ZAR momentary bulls take support at 38.2% fibos but rejected at stiff resistance on shrinking momentum, no substantiation by leading oscillators

Nov 24, 2016 13:25 pm UTC| Technicals

In this write-up, weve emphasized more on long-term prospects of USDZAR without disregarding short term trend as well. This weeks trading sessions have hampered last two weeks price gains that have spiked above DMAs but...

FxWirePro: USD/CAD Trade idea

Nov 24, 2016 12:17 pm UTC| Technicals

Major resistance 1.3545 (trend line joining 1.35885 and 1.35642) Major support 1.3368 (23.6% retracement of 1.26544 and 1.35885) Loonie formed a temporary bottom around 1.33780 after jumping till 1.35885. The...

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Economy

ECB Warns of Rising Inflation Risks Amid Iran War Energy Shock

The European Central Bank faces mounting pressure to act decisively as inflation risks intensify across the euro zone. ECB Governing Council member Dimitar Radev has cautioned that price expectations could shift more...

Energy Prices and Dollar Climb as U.S.-Iran Conflict Grips Global Markets

The U.S. dollar remained close to recent highs on Tuesday as global markets braced for a critical deadline set by President Donald Trump, demanding Iran reopen the Strait of Hormuz to international shipping or face...

China's Fermented Feed Push: Cutting Soybean Dependence Amid Trade War

China is rapidly scaling up the use of fermented animal feed as part of a broader strategy to reduce its reliance on imported soybeans a shift driven equally by trade tensions with the United States and long-term food...

U.S. Futures Slip as Iran Rejects Ceasefire and Trump Deadline Looms

U.S. stock index futures edged lower Monday evening as investors remained on edge over escalating tensions in the Middle East, with President Donald Trumps deadline for Iran to reopen the Strait of Hormuz fast approaching...

Gold Prices Drop for Third Consecutive Session Amid Iran Tensions and Inflation Fears

Gold prices continued their downward trend in Asian trading on Tuesday, marking a third straight session of losses as markets grappled with mounting inflation concerns and escalating geopolitical tensions tied to U.S....

Politics

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

UN Security Council Votes on Watered-Down Strait of Hormuz Resolution Amid China Opposition

The United Nations Security Council is set to vote Tuesday on a resolution aimed at protecting commercial shipping through the Strait of Hormuz, though the proposal has been significantly weakened following resistance from...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...