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EUR/USD Trade Idea

Jan 11, 2016 09:48 am UTC| Technicals

Major resistance - 1.09500 (trend line joining 1.10596 and 1.109925) EUR/USD has made a low of 1.0710 previous week and started to recover from that level. It is currently trading around 1.0920. Euro is expected...

FxWirePro: USD/RUB hits year high on weak oil price, good to buy at dips

Jan 11, 2016 09:31 am UTC| Technicals

USD/RUB has reached year high around 76.47 and slightly retreats from that level. Russian ruble lost 40% of its value last year and now 25% down compared to year ago. The decline in the price of ruble is mainly due...

Major European Indices Technicals

Jan 11, 2016 09:16 am UTC| Technicals

DAX: DAX has made a temporary bottom around 9808 and started to recover from that level. It is currently trading around 99204. The minor resistance is around 10050 and any break above 10050 will take the DAX to...

USD/ZAR hits yearly high at 16.3180

Jan 11, 2016 09:08 am UTC| Technicals

Pair hit yearly high at 16.3180 in Asian hours and currently trading at 16.5764 levels. The U.S. dollar surged as much as 10.3 percent at one stage to reach 17.9950 rand and was last quoted at 17.2500, a huge move...

FxWirePro: Silver faces strong resistance around $14.40, good to sell on rallies

Jan 11, 2016 08:35 am UTC| Technicals

Major resistance - $14.40 The commodity jumped till $14.36 and declined till $3.96. It is currently trading at $14. Short term trend is still weak as long as resistance $14.40 holds. Any break above $14.40 will...

FxWirePro: EUR/AUD retreats from 1.5829 highs, momentum tilts towards bears

Jan 11, 2016 07:54 am UTC| Technicals

Broad weakness was seen across the Antipodeans after re-emergence of China concerns weighed on commodity prices and Asian equity markets. EUR/AUD cross takes out 61.8 % Fib of 1.6585 to 1.4347 fall at 1.5730, hits...

FxWirePro: EUR/GBP slips from multi-month highs, watch for close below 0.7465 for further weakness

Jan 11, 2016 07:29 am UTC| Technicals

A powerful bounce in EUR/GBP see the pair test 0.7554, levels last seen in February 2015. But rejection was seen at highs, Gravestone Doji formation seen into European session, selling pressure at highs has brought...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

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Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

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Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

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Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

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Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

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Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

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

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

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

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

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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