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FxWirePro: EUR/KRW hovers around 1,270 mark, sustained close below 1,265 requires for downside rally

Feb 25, 2019 01:41 am UTC| Technicals

EUR/KRW is currently trading around 1,270 mark. It made intraday high at 1,273 and low at 1,270 levels. Intraday bias remains neutral till the time pair holds key support at 1,265 mark. A sustained close...

FxWirePro: Gold forms shooting star pattern, good to sell on rallies

Feb 24, 2019 17:40 pm UTC| Technicals

Candlestick pattern- Shooting star Gold has declined more than $25 in previous week after hitting high of $1346.77. The yellow metal hits low of $1321.14 and shown a minor recovery. It is currently trading around...

FxWirePro: FTSE100 downside capped by 23.6% fib, good to sell on rallies

Feb 22, 2019 16:20 pm UTC| Technicals

FTSE100 has declined till 7139 yesterday and shown a good jump till 7215.The index has jumped for 3rdtime above 7200 level and declined from that level. The index has formed temporary top around 7261 on Feb 15thand showing...

FxWirePro:DXY Trade Idea

Feb 22, 2019 15:21 pm UTC| Technicals

DXY is trading flat after hitting low of 96.29 on Feb 20th2019. The index jumped till 96.66 and is hovering around that level. The index has taken support after showing a minor decline below 50- day MA. It is currently...

FxWirePro: USDCAD trades lower on better than estimate Canadian retail sales, good to sell on rallies

Feb 22, 2019 15:20 pm UTC| Technicals

USD/CAD has lost nearly 50 pips from high of 1.32294 after slightly better than anticipated Canadian retail sales. Canadian retail sales m/m came at -0.1% compared to forecast -0.3% but better than previous month -0.9%....

FxWirePro: AUD/CHF recovery struggles at 55-EMA, bias bearish

Feb 22, 2019 13:28 pm UTC| Technicals

AUD/CHF chart on Trading View used for analysis AUD/CHF retraces part of previous sessions losses, but bias still bearish. Recovery in the pair is capped at 55-EMA, retrace above could see bounce till...

FxWirePro: Flurry of bearish patterns hamper USD/CHF minor uptrend, inverted head and shoulder pattern stimulates consolidation phase

Feb 22, 2019 10:48 am UTC| Technicals

USDCHFbulls, on intermediary terms, seem to be struggling to get bullish momentum. The pair forms inverted head and shoulder pattern on weekly terms, with the head at 0.9187, shoulder 1 at 0.9420 and shoulder 2 at...

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Economy

Gold Prices Rise as Trump Delays Iran Strike, Oil Slumps

Gold prices edged higher on Monday after a sharp decline in oil prices eased inflation concerns, boosting demand for safe-haven assets. The rally came after U.S. President Donald Trump delayed a planned military strike...

Asian Stocks Slide as AI Selloff Hits South Korea, Oil Prices Drop on Iran Talks

Asian stock markets opened the week lower on Monday, with South Korea leading regional losses as renewed selling in artificial intelligence-related technology stocks overshadowed improving investor sentiment from easing...

US Stock Futures Rise as Trump’s Iran Talks Boost Market Sentiment Ahead of Key Earnings

U.S. stock index futures moved higher late Sunday after President Donald Trump announced that negotiations with Iran would begin on Monday, easing geopolitical concerns and lifting investor sentiment. The prospect of...

China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

China is doubling down on its industrial-focused economic strategy as it prepares for high-stakes trade negotiations with the United States and the European Union, signaling little intention of making major policy changes...

UK Stock Market May Outperform if AI Bubble Bursts, Capital Economics Says

The U.K. stock market could prove more resilient than many global peers if the artificial intelligence (AI) investment boom reverses, according to Capital Economics, which argues that the FTSE 100 is better positioned than...

Politics

Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

Taiwans military cooperation with the United States is stronger than many people realize, Defence Minister Wellington Koo said, highlighting expanding exchanges with the U.S. Pacific Command as Taipei works to strengthen...

Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

A Ukrainian drone strike in Russias Belgorod region killed a 13-year-old girl and injured two other children on Sunday, according to local Russian officials. The incident occurred near a playground in the border village of...

Israel Strikes Gaza as Trump Ceasefire Push Faces Fresh Challenges

Israeli airstrikes killed at least 18 Palestinians across Gaza on Sunday, marking a second consecutive day of heavy bombardment despite U.S. President Donald Trumps announcement of progress toward implementing last years...

Trump Says Iran Talks to Begin as Strait of Hormuz Deal Nears, Oil Prices Fall

U.S. President Donald Trump said negotiations with Iran are scheduled to begin on Monday afternoon, signaling a possible breakthrough in efforts to reopen the Strait of Hormuz and reduce tensions in the Middle East....

US Signals More Joint Yen Intervention With Japan if Currency Volatility Continues

The United States is prepared to join additional coordinated foreign exchange intervention with Japan if excessive volatility in the yen continues, U.S. Treasury Secretary Scott Bessent said on Sunday, reinforcing...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...

Roblox Stock Drops 16% as Q3 Bookings Forecast Misses Expectations

Roblox Corp. (NYSE: RBLX) shares plunged about 16% in premarket trading after the gaming platform reported mixed second-quarter 2026 results and issued weaker-than-expected third-quarter bookings guidance, raising concerns...

Apple Stock Slides 7% as Weak Sales Forecast Overshadows Quarterly Earnings Beat

Apple (NASDAQ: AAPL) shares fell more than 7% in premarket trading after the tech giant issued weaker-than-expected guidance for the September quarter, overshadowing better-than-anticipated quarterly earnings and revenue....