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EURUSD faces strong resistance at 100-day MA, break above targets 1.1300/1.1380

Aug 16, 2016 05:22 am UTC| Technicals

Major resistance 1.12280 (100 day MA). Major support 1.1150 (90 day EMA). The pair has jumped slightly after making a low of 1.11532 yesterday. It is currently trading around 1.11935. Short term...

FxWirePro: USD/INR opens marginally lower at 66.80, sustained break below targets 66.62   

Aug 16, 2016 04:37 am UTC| Technicals

USD/INR is currently trading around 66.81 marks. It made intraday high at 66.88 and low at 66.79 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.98 marks. Key...

FxWirePro: AUD/JPY recovers from 1-week low at 77.09, bias lower

Aug 16, 2016 04:26 am UTC| Technicals

The Japanese yen remains strongly bid across the board amid risk-averse market conditions. AUD little changed after Reserve Bank of Australia minutes failed to provide any indication of future interest rate...

FxWirePro: AUD/USD holds strong trendline support at 0.7653, good to go long on dips

Aug 16, 2016 04:01 am UTC| Technicals

Reserve Bank of Australia minutes released earlier today failed to provide any indication of future interest rate moves. Australian dollar has dipped slightly after the minutes, but has recovered from session lows at...

GBP/JPY trades below 130, decline till 128.65/126.70 likely

Aug 16, 2016 03:53 am UTC| Technicals

Major resistance 131.92 (7 day EMA). The pair has broken major pschycological support 130 and declined till 129.53at the time of writing.It is currently trading around 129.61. Yen continues to surge against all...

FxWirePro:ASX200 forms bearish gartley pattern, good to sell on rallies

Aug 16, 2016 03:51 am UTC| Technicals

Pattern formed- Bearish Gartley pattern. Potential reversal Zone (PRZ) -5600. The index has once again declined after making a high of 5560 yesterday. It is currently trading around 5536. On the higher side,...

FxWirePro: USD/TWD breaks key support at 31.32, bias turns to bearish again

Aug 16, 2016 03:23 am UTC| Technicals

USD/TWD is currently trading around 31.24 marks. It made intraday high at 31.37 and low at 31.22 marks. Intraday bias remains bearish till the time pair holds key resistance at 31.46 marks. A sustain close...

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Economy

U.S. Stock Futures Steady Amid Iran Ceasefire Talks and Trump Address

U.S. stock index futures held steady Wednesday evening as investors turned their attention to a primetime address from President Donald Trump regarding a possible military de-escalation with Iran. The cautious tone in...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Oil Prices Slide as Iran Tensions Ease and U.S. Crude Stockpiles Swell

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Gold Prices Surge as U.S.-Iran Ceasefire Talks Spark Market Optimism

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South Korea's Inflation Rises Modestly in March Amid Oil Price Pressures

South Koreas consumer inflation climbed at a slower-than-anticipated pace in March, offering mild relief even as surging global oil prices driven by the ongoing Iran war continued to weigh on the broader economy. The...

Politics

Congress Eyes Two-Bill Strategy to Resolve DHS Funding Crisis

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Trump's Claim That the U.S. Can Cover Global Jet Fuel Shortfall Doesn't Add Up

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FBI Launches Independent Cuba Probe After Deadly Speedboat Shootout

A team of FBI agents traveled to Cuba this week to conduct an independent investigation into a deadly maritime confrontation involving ten Cuban exiles who attempted to infiltrate the island by speedboat under cover of...

Carney and Trump Discuss Middle East Crisis in High-Stakes Phone Call

Canadian Prime Minister Mark Carney and U.S. President Donald Trump connected over the phone on Wednesday to address the ongoing conflict in the Middle East, among other pressing global issues. The call marked another...

Bahamas Calls Snap Election for May 12 Amid Cost of Living Concerns

Prime Minister Philip Davis announced Wednesday that the Bahamas will hold an early general election on May 12, moving the vote several months ahead of its originally scheduled mid-October date. Davis confirmed he will...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...
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