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FxWirePro: Dismal China trade data ignored, AUD/NZD extends gains, good to buy dips

Feb 15, 2016 04:17 am UTC| Technicals

AUD/NZD has taken rising trendline support at 1.0570 levels and edged higher on Fridays trade. Daily Stochs have shown a bullish crossover in oversold territory, while RSI has turned higher after dipping below 40...

Yen falls on lower than expected GDP figures

Feb 15, 2016 04:14 am UTC| Technicals

Pair is currently trading at 113.87 levels. It made intraday high at 113.92 and low at 113.27 levels. Japans economy contracted 0.4% in the December quarter, missing the consensus forecast of a 0.2% fall in...

FxWirePro: Buy GBP/JPY at dips around 165.15 with SL around 163.95 for the TP of 167.60

Feb 15, 2016 03:47 am UTC| Technicals

Major resistance - 165.20 (trend line joining 173.75 and 170.60) GBP/JPY breaks trend line 165.20 and this confirms minor trend reversal , a jump till 167.70 is possible . It is currently trading around...

Major Asian Indices Technicals

Feb 15, 2016 03:04 am UTC| Technicals

Nikkei: Nikkei breaks major resistance around 15600 and jumped till 15700 at the time of writing. It is currently trading around 15670. Short term trend is bullish as long as support 15200(21 day H MA)...

FxWirePro: AUD/USD gains some upside momentum still bearish

Feb 12, 2016 18:52 pm UTC| Technicals

AUD/USD strongly rebounded erasing earlier losses on Friday as strong rebound in oil prices and slight weakness in US dollar supported Aussie bulls. Much of the rebound was due to global oil prices gaining as much as...

FxWirePro: EUR/USD reverses recent rally, bias back to downside

Feb 12, 2016 15:45 pm UTC| Technicals

EUR declined against US dollar on Friday after data showed US consumer spending appeared to have gained strength. The pair extended its decline from 1.1324 to hit low at 1.1225 in the early US session. Further...

Gold retreats from daily high, outlook bullish - long around 1219, targets around 1247/1272, SL 1206

Feb 12, 2016 14:47 pm UTC| Technicals

Gold has retreated after finding resistance at 1262 levels to trade around 1235 levels, erasing some earlier gains made in the previous European session. However, downside is set to be limited as the commodity finds...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

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U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

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Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

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Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

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FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

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Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

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Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

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Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

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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

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Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

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San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

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TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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