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FxWirePro: GBP/JPY faces trend line resistance at 139.30, good to sell on rallies

Jul 28, 2016 06:21 am UTC| Technicals

Major resistance- 139.30 (trend line joining 142.39 and 139.90). The pair has recovered sharply after making a low of 135.96. It is currently trading around 137.90. Short term trend is slightly bearish as long as...

FxWirePro: USD/ZAR hits fresh weekly low at 14.18, bias remains bearish

Jul 28, 2016 06:18 am UTC| Technicals

USD/ZAR is currently trading around 14.20 levels. It made intraday high at 14.26 and low at 14.18 levels. Intraday bias remains bearish for the moment. A daily close above 14.36 will take the parity higher...

Gold trades slightly well above 21 day MA, jump till $1360 likely

Jul 28, 2016 05:35 am UTC| Technicals

Major resistance - $1338 (21 day MA) The yellow metal has made a high of $1342 yesterday after breaking short term resistance $1325 (200 HMA). It is currently trading around $1339. Any short term weakness can be...

Gold trades slightly well above 21 day MA, jump till $1360 likely

Jul 28, 2016 05:30 am UTC| Technicals

Major resistance - $1338 (21 day MA). The yellow metal has made a high of $1342 yesterday after breaking short term resistance $1325 (200 HMA). It is currently trading around $1339. Any short term weakness can be...

FxWirePro: USD/INR hits fresh 2-week low at 66.99, faces strong support at 66.85

Jul 28, 2016 05:18 am UTC| Technicals

USD/INR is currently trading around 67.05 marks. It made intraday high at 67.06 and low at 66.99 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 67.34 marks. Key...

FxWirePro: Momentum studies on NZD/USD bullish, good to go long on dips

Jul 28, 2016 05:05 am UTC| Technicals

NZD/USD is extending upside for the 3rd consecutive session. Techs favour upside, momentum studies are bullish, we see scope for further gains. Pair has bounced off lower Bollinger Band (July 21) and has held...

FxWirePro: USD/JPY slips below 105 handle, bias lower, good to sell on rallies

Jul 28, 2016 04:18 am UTC| Technicals

USD/JPY slips below 105 handle, intraday bias lower. The pair has broken major trendline support at 105.27 on the 4H charts, trades below the 20-SMA. Price action was rejected at highs - hammer formation on 4H,...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

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Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

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South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

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Politics

U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin

U.S. Secretary of State Marco Rubio expressed cautious optimism on Tuesday, stating that Washington can see the finish line in its ongoing military conflict with Iran, now entering its fifth week. Speaking on Fox News...

Trump Signs Executive Order Tightening Mail-In Voting Rules Amid Legal Backlash

President Donald Trump signed a sweeping executive order Tuesday aimed at tightening mail-in voting regulations across the United States, setting off immediate legal threats from voting rights advocates and Democratic...

Trump Attends Supreme Court Hearing on Birthright Citizenship Restrictions

President Donald Trump made a rare personal appearance at the U.S. Supreme Court on Wednesday to witness oral arguments in a landmark case centered on his executive order restricting birthright citizenship marking one of...

Rubio Calls for Democratic Transition and Free Elections in Venezuela

U.S. Secretary of State Marco Rubio declared Tuesday that Venezuela must undergo a political transition leading to free and fair elections, while urging both patience and vigilance from Washington. Speaking on Fox News...

U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

Republican Senator Bernie Moreno announced plans to introduce legislation next month that would permanently and comprehensively ban Chinese automakers from the U.S. automotive market. The proposed bill would expand on an...

Science

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

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

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...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...
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