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USD/CHF breaks major resistance 0.9960, targets 1.00725

Feb 23, 2016 03:16 am UTC| Technicals

Major resistance - 0.9960 (trend line joining 1.00739 and 0.99685) Major support - 0.9900 The pair has broken major resistance 0.9960 and jumped till 0.9996. It is currently trading around 0.99769. On the higher side...

Major Asian Indices Technical's

Feb 23, 2016 02:48 am UTC| Technicals

Nikkei Nikkei has once again declined after making a high of 16328 . It is currently trading around 16098. Short term trend is weak as long as resistance 16340 (Tenken-Sen) holds. The index is facing strong resistance...

FxWirePro: USD/CHF consolidates around 0.9987, good to buy on dips

Feb 22, 2016 20:50 pm UTC| Technicals

The USD/CHF rebounded from 0.9885 levels to hit high at 1.0001 levels, as the demand for safe heaven assets waned after oil markets jumped as much as 7 percent and European stocks opened higher. The short term...

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...

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Economy

Asian Markets Retreat as Gulf Crisis Fuels Oil Surge and Inflation Fears

The fragile ceasefire in the Gulf showed fresh signs of collapse on Thursday, rattling Asian share markets and sending oil prices sharply higher as investors confronted the reality of a prolonged inflationary shock to the...

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....

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Gold Prices Dip Amid Middle East Uncertainty and Inflation Fears

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Politics

U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

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North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

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Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

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

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Haiti Election 2025: Voter Registration Delayed Amid Ongoing Security Crisis

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Science

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...

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...

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...

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...

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...
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