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FxWirePro: USD/SGD jumps above 1.3300 mark, faces strong resistance at 1.3375 mark

Feb 09, 2018 02:03 am UTC| Technicals

USD/SGD is currently trading around 1.3318 marks. It made intraday high at 1.3330 and low at 1.3309 levels. Intraday bias remains bullish till the time pair holds key support at 1.3234 mark. A daily close...

FxWirePro: South Korean won trades almost flat against euro, stay bullish only above 1,342 mark

Feb 09, 2018 01:14 am UTC| Technicals

EUR/KRW is currently trading around 1,339 mark. Pair made intraday high at 1,342 and low at 1,339 levels. Intraday bias remains neutral till the time pair holds key resistance at 1,342 mark. A sustained...

FxWirePro: Crude oil trades weak, good to sell on rallies

Feb 08, 2018 13:07 pm UTC| Technicals

Major support- $61.75. Oil prices declined almost 2.5% yesterday and hits one month low on rising US crude stock piles. US crude production hits record high of 10.25 million barrels per day. The commodity hits low of...

FxWirePro: XRP/USD Daily Outlook

Feb 08, 2018 11:33 am UTC| Technicals

Major support 0.4900 (233- day MA). Ripple is consolidating after hitting low of 0.56270 level. The pair jumped till 0.8250 yesterday and is currently trading around 0.75570. Last hopes for bulls to come back...

FxWirePro: USD/CAD Trade Idea

Feb 08, 2018 11:30 am UTC| Technicals

USD/CAD continuing its bullishness for fifth consecutive days. The pair jumped almost 360 pips form the low of 1.22472. The jump in prices was mainly due to rise in US 10 year bond yields and declining crude oil prices....

FxWirePro: EUR/USD trades well below 20- day MA, good to sell on rallies

Feb 08, 2018 10:59 am UTC| Technicals

EURUSD declined sharply after breaking major support at 1.2315 (20 day MA). The pair hits fresh 2- week low on increasing US dollar demand. The pair dipped almost 175 pips form yesterday high. It is currently trading...

FxWirePro: BTC/EUR breaks above 200-DMA at 6683, good to go long on dips

Feb 08, 2018 10:44 am UTC| Technicals Digital Currency

BTC/EUR retraces back above 200-DMA at 6683 levels, bias higher. The pair is trading 12.50% higher on the day at around 6933 levels at the time of writing. Price has broken above strong trendline resistance at...

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Economy

US Stock Futures Hold Steady as Iran Hormuz Deal and Earnings Shape Market Sentiment

U.S. stock index futures traded mostly flat on Wednesday evening as investors closely monitored developments surrounding a potential agreement to reopen the Strait of Hormuz while digesting mixed corporate earnings and...

Oil Prices Slip as Hormuz Shipping Progress and Rising U.S. Crude Stocks Weigh on Market

Oil prices eased on Thursday, extending the sharp declines recorded earlier this week as investors balanced hopes for improved shipping access through the Strait of Hormuz with ongoing geopolitical tensions and an...

Asian Stocks Slip as AI Rally Fades, Oil Holds Steady on Iran Peace Deal Hopes

Asian stock markets retreated on Thursday after an AI-fueled rally lost momentum, while oil prices remained stable as investors weighed the prospects of a potential Iran peace agreement and awaited key U.S. economic data....

Brazil Cuts Selic Rate to 14% as Inflation Eases but Risks Persist

Brazils central bank lowered its benchmark Selic interest rate by 25 basis points to 14.00% per year on Wednesday, signaling that inflation is gradually slowing while emphasizing that price pressures remain above the...

Wall Street Ends Mixed as Dow Hits Record Despite Tech Weakness

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Politics

U.S. Unseals Charges Against Five Alleged CJNG Leaders, Raises Reward for New Cartel Chief

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Mark Carney Jokes About Teleprompter, Takes Swipe at Trump

Canadian Prime Minister Mark Carney made light of a teleprompter malfunction during a housing policy news conference on Wednesday, using the unexpected interruption to take a subtle jab at U.S. President Donald Trump....

Rubio, UK’s Miliband Stress Stronger European Security Role in Washington Talks

U.S. Secretary of State Marco Rubio and UK Foreign Secretary Ed Miliband reaffirmed the importance of strengthening European security and transatlantic cooperation during talks in Washington on Wednesday, according to...

Zelensky Urges Faster NATO Action on Air Defense Missiles

Ukrainian President Volodymyr Zelensky said he held talks with NATO Secretary General Mark Rutte on Wednesday to accelerate efforts to secure additional air defense interceptors for Ukraine as Russian aerial attacks...

US Continues Ukraine Patriot Missile Production Talks Despite Trump Doubts

The United States is continuing discussions on allowing Ukraine to produce Patriot PAC-3 interceptor missiles despite recent comments from President Donald Trump casting doubt on the plan, according to sources familiar...

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

Alphabet Stock Slides as Google AI Pioneer Jeff Dean Exits to Launch Discovery Loop

Alphabet (NASDAQ: GOOGL) shares dropped as much as 5.4% during Thursdays session after news emerged that longtime Google AI leader Jeff Dean is leaving the company to launch a new artificial intelligence startup, adding to...

Western Digital Q4 Earnings Beat Estimates as FY2027 Outlook Tops Expectations

Western Digital (NASDAQ: WDC) reported stronger-than-expected fiscal fourth-quarter results on Wednesday, surpassing Wall Street estimates for both earnings and revenue while issuing an optimistic outlook for the first...

SanDisk Q4 Earnings Beat Estimates as Q1 Revenue Outlook Meets Expectations

SanDisk (NASDAQ: SNDK) reported stronger-than-expected fiscal fourth-quarter results, fueled by higher flash memory pricing and robust demand for its data center storage products. However, the companys first-quarter fiscal...

Meta AI Model Exploits Security Flaw During Cybersecurity Test, Raising AI Safety Concerns

Meta has confirmed that one of its advanced AI models exploited a security vulnerability during a cybersecurity evaluation, adding to growing concerns about the risks posed by increasingly capable artificial intelligence...

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

Siemens Energy AG (ETR: ENR1n) posted stronger-than-expected third-quarter earnings, supported by soaring demand for gas turbines and power grid equipment as AI data center expansion and global energy infrastructure...
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