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FxWirePro: NZD/CAD edges lower from record highs at 0.9832, bias higher, good to long dips

Nov 04, 2016 07:42 am UTC| Technicals

NZD/CAD hit record highs at 0.9832 on Thursday, has pared some gains to currently trade at 0.9805 levels. The pair finds major channel top resistance at 0.9835, break above could see further upside. RSI and...

FxWirePro: South African rand erases previous gain against U.S. dollar, bias turns bullish again

Nov 04, 2016 07:08 am UTC| Technicals

USD/ZAR is currently trading around 13.48 levels. It made intraday high at 13.49 and low at 13.41 levels. Intraday bias remains bullish for the moment. A daily close above 13.53 will take the parity...

FxWirePro: AUD/NZD rejected at highs, slips below 50-DMA, good to sell rallies

Nov 04, 2016 06:59 am UTC| Technicals

AUD/NZDs attempts recovery from 6-week lows, but upside lacks traction. Pair rejected at highs, slips below 50-DMA currently at 1.0501. Technical indicators on daily charts support downside in the pair. We...

FxWirePro: USD/JPY slips below DMAs, breaks below major support to flash 4-weeks lows, major trend goes in whipsaws – Snap rallies for fresh short build up

Nov 04, 2016 06:03 am UTC| Technicals

The downswings break below support 103.237 and slid below DMAs (on verge of bearish crossover), after rejecting stiff resistances of 105.532 and 104.328 levels, failure swings have evidenced slumps to resume bears in...

FxWirePro: USD/JPY range bound, focus on US NFP data

Nov 04, 2016 05:59 am UTC| Technicals

USD/JPY has ended 3 consecutive sessions of losses and had edged higher on the day. The pair has held 50-DMA support at 102.84, break below likely to see drag upto 100.50 (trendline). Cautious tone prevalent in...

FxWirePro: USD/INR remains well supported above 66.50 mark, bias remains neutral

Nov 04, 2016 05:54 am UTC| Technicals

USD/INR is currently trading around 66.66 marks. It made intraday high at 66.71 and low at 66.61 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.83 marks. Key...

FxWirePro: ASX200 upside capped by 5- day MA, good to sell on rallies

Nov 04, 2016 05:29 am UTC| Technicals

Major support - 5150 (Sep 13th 2016 low) Minor intraday resistance - 5220 (55-H EMA) The index retreated slightly after jumping till 5235 yesterday. It is currently trading around 5181. ASX200 faces minor...

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Economy

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110

Oil prices briefly surged past $110 per barrel on Monday after President Donald Trump escalated military and diplomatic pressure on Iran, demanding the reopening of the Strait of Hormuz by Tuesday evening or face strikes...

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

Asian currencies struggled to find clear direction on Monday as the US dollar remained resilient, with investors carefully weighing escalating geopolitical risks in the Middle East against emerging ceasefire diplomacy. The...

Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

The Bank of Japan has raised concerns about the potential deterioration of regional economies, citing escalating oil prices and supply chain disruptions linked to ongoing conflict in the Middle East. In its latest...

India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

Indias services sector expanded at its slowest pace in 14 months during March, as the ongoing Middle East conflict weighed on domestic demand and cost pressures intensified sharply, according to the latest HSBC India...

Politics

Indonesia Files Genocide Case Against Myanmar's Min Aung Hlaing Over Rohingya Crisis

A coalition of civil society organizations filed a landmark criminal complaint in Indonesia on Monday against Myanmars newly elected President Min Aung Hlaing, accusing him of committing genocide against the Rohingya...

Ukrainian Drone Strikes Hit Novorossiysk, Injuring Eight and Cutting Power Across Russia

At least eight people, including two children, were injured Monday after Ukrainian drones struck Novorossiysk, a major Russian Black Sea port city. Local authorities confirmed that several residential buildings sustained...

Trump Endorses Steve Hilton for California Governor

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Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

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

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 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

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...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...
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