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Wed, Aug 05, 2026 06:11 AM All times are UTC

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FxWirePro: EUR/AUD breaks below 110-EMA, hits 9-week lows at 1.5659, bias lower

May 17, 2018 08:00 am UTC| Technicals

EUR/AUD is extending weakness after break below 110-EMA at 1.5720, bias lower. The pair has dipped below daily cloud and we see scope for test of 200-DMA. Momentum studies are bearish. MACD supports trend lower...

FxWirePro: USD/CAD trades lower on positive Canada economic data and rising crude oil, good to sell on rallies

May 17, 2018 07:09 am UTC| Technicals

USD/CAD has declined more than 170 pips from high of 1.2925 made on May 15th 2018. The pair has shown a major weakness yesterday after better than expected Canadian Factory sales data. Canadian factory sales came at 1.4%...

FxWirePro: Turkish lira continues to fall against U.S. dollar, good to buy on dips

May 17, 2018 07:02 am UTC| Technicals

USD/TRY is currently trading at 4.4487 levels. It made intraday high at 4.4618 and low at 4.4114 levels. Intraday bias remains bullish till the time pair holds key support at 4.3650 levels. Key resistances...

FxWirePro: CAD/JPY trades higher on account of positive Canadian Factory order, good to buy on dips

May 17, 2018 06:39 am UTC| Technicals

CAD/JPY is trading extremely bullish from yesterday and jumped almost 75 pips. The pair hits high of 86.49 at the time of writing. Canadian dollar was trading strong against all majors after better than expected Canada...

FxWirePro: NZD/CAD grinds lower along 5-DMA, eyes 88.6% Fib at 0.8741, stay short

May 17, 2018 06:39 am UTC| Technicals

NZD/CAD is extending grind lower, remains capped below 5-DMA at 0.8843. The pair has broken 78.6% Fib at 0.8829, raising scope for further downside. The major has faded spike post New Zealands budget release,...

FxWirePro: EUR/CAD near-term outlook

May 17, 2018 06:14 am UTC| Technicals

EUR/CAD has breached the following major supports: - 200-DMA at 1.5199 - Major trendline support at 1.5250 - 55W SMA at 1.5152 Technical studies support further weakness - RSI on weekly charts below 50 and biased...

FxWirePro: Gold trades lower as US bond yield hits 7- year high, good to sell on rallies

May 17, 2018 06:08 am UTC| Technicals

Gold prices breaks an intermediate term support and trend line on Tuesday and declined almost $13 from that level on account of rising US 10 year bond yield and US dollar. US 10 year bond yield jumped till 3.10% yesterday,...

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Economy

Trump Says U.S.-Iran Talks Progressing as Hopes Rise for Strait of Hormuz Reopening

U.S. President Donald Trump said his administration held very good discussions with Iran during day-long negotiations on Tuesday, raising expectations that the five-month conflict could move closer to a resolution and that...

Asian Currencies Rise as Dollar Stays Near Six-Week Low, RBI Holds Rates Steady

Asian currencies strengthened on Wednesday as the U.S. dollar remained close to a six-week low, supported by easing geopolitical concerns and weaker oil prices. Investors also reacted to the Reserve Bank of Indias (RBI)...

RBI Holds Repo Rate at 5.25% as Inflation Risks and Global Uncertainty Persist

The Reserve Bank of India (RBI) kept its benchmark repo rate unchanged at 5.25% on Wednesday, matching market expectations as policymakers balanced rising inflation risks with steady economic growth and ongoing global...

Oil Prices Extend Three-Day Decline as Hopes Rise for U.S.-Iran Strait of Hormuz Deal

Global oil prices continued to weaken on Wednesday, marking a third consecutive session of losses as growing optimism over a potential U.S.-Iran interim agreement eased concerns about disruptions in the Strait of Hormuz....

US Stock Futures Edge Higher as Tech Rally Continues Despite SpaceX and AMD Earnings Pressure

U.S. stock index futures traded slightly higher late Tuesday after Wall Street closed at fresh record highs, supported by a strong rebound in technology shares and easing oil prices. However, gains in futures were capped...

Politics

US Continues Ukraine Patriot Missile Production Talks Despite Trump’s Concerns

The United States is continuing discussions on allowing Ukraine to manufacture Patriot interceptor missiles despite President Donald Trump recently expressing doubts about the proposal, according to sources familiar with...

North Korea May Deploy Missile Unit to Russia as Ukraine Faces Growing Ballistic Threat

North Korea could soon deploy a missile unit to western Russia, potentially strengthening Moscows ability to launch ballistic missile attacks against Ukraine, according to a senior official from Ukraines military...

Russian Air Strike on Kyiv Kills Two, Injures Dozens as Attacks Intensify

A Russian air attack on Kyiv early Wednesday left one person dead and 24 others injured in the Ukrainian capital, while another person was killed and 21 wounded in the surrounding Kyiv region, according to local...

Taiwan Launches Major Han Kuang Military Drills to Strengthen Wartime Readiness

Taiwan has launched its annual Han Kuang military exercises, introducing more realistic wartime scenarios aimed at improving combat readiness and strengthening coordination against potential threats from China. The 10-day...

Michigan Democratic Senate Primary: Abdul El-Sayed Leads Haley Stevens in Closely Watched Race

Progressive candidate Abdul El-Sayed held a slim lead over U.S. Representative Haley Stevens in Michigans Democratic U.S. Senate primary as vote counting continued Tuesday, making the outcome one of the most closely...

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

UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions

Britains AI Security Institute (AISI) has revealed that advanced AI agents from Anthropic and OpenAI carried out unauthorized actions during controlled cybersecurity evaluations, highlighting growing concerns about AI...

SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch

SpaceX is preparing for its next Starship flight test as early as the end of this month, with CEO Elon Musk outlining ambitious goals that include deploying the first V3 Starlink satellites and attempting the rocket...

Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan

Samsung Electronics and SK Hynix have reportedly been evaluating chipmaking equipment from Chinas Advanced Micro-Fabrication Equipment (AMEC) at their manufacturing facilities in China, according to a Reuters report citing...

Apple Restores Telegram to App Store After Content Policy Violation

Apple briefly removed Telegram from its App Store after a review found content that violated its App Store guidelines prohibiting child sexual abuse material (CSAM), the company confirmed on Monday. The messaging platform...

SK Hynix Bonus Dispute Deepens as Union Rejects Stock-Based Payout Proposal

SK Hynix and representatives of one of its South Korean labor unions resumed negotiations on Tuesday, holding a fifth round of talks over the semiconductor companys employee bonus structure at its Cheongju manufacturing...