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FxWirePro: AUD/USD consolidating around 0.7273 levels, outlook bullish

Feb 22, 2016 19:17 pm UTC| Technicals

AUD/USD inched higher to trade around one month high on Thursday as strong rebound in oil prices and Brexit fears supported Aussie bulls. Much of the move was due rise in metal prices and also due heavy selling in the...

FxWirePro: USD/CAD strengthens as oil prices rally, scope for further downside

Feb 22, 2016 18:09 pm UTC| Technicals

The USD/CAD pair slipped lower on Monday as crude oil prices rose and risk appetite firmed. The pair hit low at 1.3658 before recovering to trade around 1.3683 levels in the late US session. As long the pair trades below...

Gold retreats from daily high, outlook bearish - short around 1218, targets around 1196/1170, SL 1240

Feb 22, 2016 17:20 pm UTC| Technicals

Gold has retreated after finding resistance at 1218 level to trade around 1211 levels, erasing some earlier gains made in the previous European session. Further upside is set to be limited as the commodity finds strong...

FxWirePro: EUR/USD resumes downside after breaking support level at 1.1040

Feb 22, 2016 14:53 pm UTC| Technicals

The EUR/USD pair is trading as low as 1.1138 in the early the US session as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the...

FxWirePro: EUR/USD breaks crucial supports at 1.1063, bears likely to drag upto next supports at 1.0969

Feb 22, 2016 13:27 pm UTC| Technicals

The pair has just broken an important supports at 1.1063 levels with big real body candle to slip below moving average curves. Next strong support can be seen at 1.0969 levels While leading oscillators converge downward to...

FX Hedging Strategy Series

FxWirePro: EUR/GBP gains seem intact as uptrend moving in ascending triangle with rising bottoms -boundary binaries for speculation

Feb 22, 2016 12:13 pm UTC| Technicals

EURGBP has held stronger supports at 0.7708 levels last week and now heading towards resistance at 0.7842 at which (breakout point) the price behavior was similar in many times in the past. But after taking last weeks...

EUR/USD faces strong support at 1.1050, break below targets 1.0920

Feb 22, 2016 11:29 am UTC| Technicals

Major support -1.1050 (200 day MA and also 1.13% retracement of 1.10865 and 1.13350) Major resistance - 1.11500 The pair has retreated after making a high of 1.11372 yesterday. It is currently trading around...

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Economy

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

Gold prices edged lower during Asian trading on Thursday, retreating after modest gains in the previous session as investors continued monitoring escalating Middle East tensions threatening a fragile ceasefire between the...

Oil Prices Rebound as Hormuz Disruptions and Middle East Tensions Rattle Markets

Oil prices recovered Thursday following their sharpest single-day decline since April 2020, as ongoing disruptions in the Strait of Hormuz and escalating Middle East tensions renewed fears over global crude supply. By...

U.S. Futures Dip as Iran Ceasefire Faces Early Challenges

U.S. stock index futures edged slightly lower Wednesday evening as investors monitored the fragile state of a newly announced Iran-U.S. ceasefire agreement. The cautious overnight movement followed an exceptional trading...

Politics

Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

Republican Senator Jim Banks visited Taipei and delivered a direct message to Taiwans President Lai Ching-te: the islands parliament must stop stalling and approve a proposed special defense budget. Banks, a member of the...

Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

Haitis Provisional Electoral Council (CEP) has officially announced the postponement of a voter registration drive that was originally set to begin on April 1. The council stated that updated registration dates would be...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...

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

The Federal Communications Commission is escalating its crackdown on Chinese technology by preparing to vote on a sweeping proposal that would prohibit all Chinese laboratories from testing electronic devices intended for...

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

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

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...