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FxWirePro- Gold Daily Outlook

Apr 07, 2021 05:45 am UTC| Technicals

Ichimoku analysis (Hourly chart) Tenken-Sen- $1740 Kijun-Sen- $1736 Gold has once again declined after hitting a high of $1745. The weakness in the US dollar is supporting the precious metals. DXY is trading weak...

FxWirePro: USD/JPY pauses downside with Doji above 20-DMA, yen under pressure after Japan PM Suga hints snap elections

Apr 07, 2021 05:05 am UTC| Technicals

USD/JPY chart - Trading View USD/JPY was trading largely unchanged at 109.76 at around 04:40 GMT, after closing 0.39% lower in the previous session. Investors re-price Fed rate hike expectations, triggered by the...

FxWirePro: GBP/NZD attracts selling interest, could be on verge of a bigger drop

Apr 06, 2021 18:16 pm UTC| Technicals

GBP/NZD dipped on Tuesday as weaker sterling and higher commodity prices boosted commodity-linked New Zealand dollar. GBP/NZD drifted back into negative territory on Tuesday . 1.9605 is low so far is and it is hovering...

FxWirePro:GBP/AUD reverses recent rally, bias back to downside

Apr 06, 2021 17:25 pm UTC| Technicals

GBP/AUD declined on Tuesday as selling was influenced by some profit-taking on long positions. The pair extended its drop to hit 1.8026, a one week low, it was last down 0.70% on the day. The pair is approaching to...

FxWirePro: EUR/NZD gains some upside momentum but still bearish

Apr 06, 2021 17:09 pm UTC| Technicals

EUR/NZD gained on Tuesday but ran out of steam just slightly below 38.2% resistance at 1.6862. At GMT 17:06, the pair was trading up 0.62 percent at 1.6826 after reaching daily high at 1.6846. Underlying trend...

FxWirePro: EUR/AUD holiday-dimmed rebound stalls at 38.2% fib,good to sell on rally

Apr 06, 2021 15:51 pm UTC| Technicals

EUR/AUD some recovered ground on Tuesday, but upside was limited as spreading coronavirus in Europe forced investors to dump euro. EUR/AUD recovery from 1.5424 low was rejected by the 50-day moving average and...

FxWirePro: Daily Commodity Tracker - 6th April, 2021

Apr 06, 2021 13:09 pm UTC| Technicals

Daily Commodity...

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Economy

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Japan Economy Poised for Q4 2025 Growth as Investment and Consumption Hold Firm

Japans economy is widely expected to have returned to growth in the final quarter of 2025, supported by strong corporate investment and resilient consumer spending, according to a recent Reuters poll of economists. The...

Politics

Federal Judge Restores Funding for Gateway Rail Tunnel Project

A New York federal judge has ordered the Trump administration to release frozen federal funds for the $16 billion Gateway Project, a critical rail infrastructure initiative connecting New York and New Jersey. The ruling,...

Pentagon Ends Military Education Programs With Harvard University

The U.S. Department of Defense has announced it will terminate all professional military education programs connected to Harvard University, marking a significant shift in the Pentagons approach to academic partnerships....

Trump Signs “America First Arms Transfer Strategy” to Prioritize U.S. Weapons Sales

U.S. President Donald Trump has signed a new executive order reshaping how the United States prioritizes foreign military sales, marking a major shift in long-standing U.S. arms export policy. The order establishes the...

TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans

President Donald Trump has launched a new prescription drug pricing website, TrumpRx.gov, aiming to showcase his administrations efforts to reduce drug costs in the United States. The website focuses heavily on negotiated...

U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

The United States will make an initial payment toward the billions of dollars it owes the United Nations within weeks, according to comments made by U.S. Ambassador Mike Waltz in a recent interview with Reuters. The move...

Science

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...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....