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FxWirePro: AUD/NZD extends downside into cloud, targets 1.07

Feb 25, 2016 12:09 pm UTC| Technicals

AUD/NZD extends downside after rejection at triangle top at 1.0874 in Wednesdays trade. Price action has dipped into the cloud and Stochs on daily charts have rolled over from overbought levels confirming further...

FX Hedging Strategy Series

FxWirePro: USD/ZAR forms flag, testing resistance at 21DMA - more bullish potential upon breach of resistance at 15.8679

Feb 25, 2016 11:53 am UTC| Technicals

We traced out a bullish flag pattern soon after testing supports at around 15.25 levels. Weve received the confirmation on next candle with big real body at 15.7238 levels resembling flag pole again. This what we...

FxWirePro: CHF/JPY faces strong resistance at 114.20, good to sell on rallies

Feb 25, 2016 11:42 am UTC| Technicals

Major resistance - 114.20 (55 day 4 H EMA) The pair has made a high of 113.89 and started to decline from that level. It is currently trading around 113.12. Short term trend is still weak as long as resistance 114.20...

Indian rupee falls against US dollar, nearer to its record low rate

Feb 25, 2016 11:31 am UTC| Technicals

USD/INR is currently trading at 68.7050 levels, nearer to its record low of 68.85 mark touched in August 2013. It made intraday high at 68.78 and low at 68.47 levels. Today Indian government bonds also slumped after...

South African rand continues to fall against US dollar despite positive PPI figures

Feb 25, 2016 10:27 am UTC| Technicals

Pair is currently trading at 15.74 marks. It made intraday high at 15.76 and low at 15.58 levels. Today South Africa released PPI data at 1.6% m/m vs 0.2% previous release. In addition, PPI YoY released at 7.6% vs...

Mexican Peso likely to erase previous gain against US dollar, buy on dips

Feb 25, 2016 09:28 am UTC| Technicals

Pair is currently trading around 18.21 levels. It made intraday high at 18.24 and low at 18.17 levels. Intraday bias remains bullish till the time pair holds key support at 17.99 levels. Alternatively, a daily close...

FxWirePro: GBP/USD faces strong resistance around 1.4020, good to sell on rallies

Feb 25, 2016 09:28 am UTC| Technicals

Major resistance -1.4020 The pair has recovered from the low of 1.38780 till 1.39633 at the time of writing. Short term trend is still weak as long as resistance 1.4200 holds. On the lower side major support is around...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

Gold prices climbed sharply on Wednesday, nearing a three-week high after President Donald Trump announced a temporary ceasefire with Iran, easing geopolitical tensions that had been gripping global markets. Spot gold...

Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

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U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

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U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

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Politics

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

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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...

FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

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Israel Strikes Lebanon Amid Iran Ceasefire, UN Condemns Mass Casualties

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Mexico Appoints Roberto Velasco as New Foreign Minister Amid USMCA Trade Review

Mexicos Senate has officially confirmed Roberto Velasco as the countrys new Foreign Minister, filling a critical diplomatic role at a time when North American trade relations are under close scrutiny. Velasco, who...

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

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

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...

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...

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...
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