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FxWirePro: NZD/USD edges lower from 3-week highs at 0.7322, break below 50-DMA could see further weakness

Apr 05, 2018 11:18 am UTC| Technicals

NZD/USD edges lower from 3-week highs at 0.7322, trades 0.19% lower on the day. Price action has bounced off strong support at 200-DMA and we see major weakness only on break below. Technical studies are biased...

FxWirePro: AUD/NZD consolidates break below 78.6% Fib, further weakness on charts, stay short

Apr 05, 2018 10:56 am UTC| Technicals

AUD/NZD is consolidating break below 78.6% Fib retracement of 1.03706 to 1.12899 rally at 1.05673. Price has edged higher from fresh 8-month lows at 1.0526, bias still bearish. Technical indicators are biased...

FxWirePro: USD/CHF trades well above trend line resistance, jump till 0.9660 likely

Apr 05, 2018 10:53 am UTC| Technicals

USD/CHF was trading higher yesterday and jumped almost 80 pips from the low of 0.9550.The pair hits high of 0.96303 and declined almost 30 pips from the high of 0.96303. The main reason for this jump is that easing US...

FxWirePro: EUR/NZD recovery lacks traction, close below 1.6820 eyes 200-DMA at 1.6626

Apr 05, 2018 10:35 am UTC| Technicals

EUR/NZD recovery lacks traction, we see scope for further downside. The pair has paused 2 consecutive sessions of losses and is currently trading 0.34% higher on the day. Technical studies are biased lower and we...

FxWirePro: AUD/CAD recovery capped at 5-DMA, hovers around 200W SMA at 0.9817

Apr 05, 2018 09:24 am UTC| Technicals

AUD/CAD recovery capped at 5-DMA at 0.9859, the pair slips lower on the day. The pair is trading 0.38% lower on the day at 0.9812, bias still bearish. We see some consolidation below 200-DMA at 0.9867, decisive...

FxWirePro: USD/TRY jumps above 4.00 mark, stay bullish

Apr 05, 2018 07:45 am UTC| Technicals

USD/TRY is currently trading at 4.0178 levels. It made intraday high at 4.0291 and low at 3.9944 levels. Intraday bias remains bullish till the time pair holds key support at 3.9845 levels. Key resistances...

EUR/USD bears repeat the history, FxWirePro spots out gravestone doji that shows effects

Apr 05, 2018 07:45 am UTC| Technicals

Just about a week ago we at FxWirePro had spotted out Gravestone doji, long-legged doji and shooting star patterns at 1.2443, 1.2449 and 1.2430 levels respectively. We reiterate that we had already raised a cause of...

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Economy

German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens

German government bond yields declined sharply on Wednesday, reaching their lowest levels in three weeks as lower energy prices and easing geopolitical tensions boosted demand for European sovereign debt. The rally follows...

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Politics

Andy Burnham’s Social Media Strategy Boosts Labour Against Reform UK

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

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

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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...

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Technology

Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth

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Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales

Infineon Technologies lifted its full-year 2026 revenue and adjusted free cash flow forecasts after reporting record third-quarter sales, driven by strong demand for AI data center power chips. The German semiconductor...

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

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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...
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