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FxWirePro: CAD/JPY trend line break out

Jan 23, 2018 12:12 pm UTC| Technicals

Major support 88.68 (trend line joining 88.26 and 88.50). CAD/JPY was consolidating in narrow range between 89.63 and 88.50 for the past one week. The pair has broken major trend line support at 88.68 and declined...

FxWirePro: EUR/GBP rejected at 200-DMA, good to short breach at 'triangle base' (0.8760)

Jan 23, 2018 11:35 am UTC| Technicals

EUR/GBP is extending downside after rejection at 200-DMA, bias bearish. The pair is extending minor upside, is trading 0.19% higher on the day. The major is extending trade in Symmetric Triangle pattern and finds...

FxWirePro: USD/CHF trades slightly above trend line resistance, good to buy on dips

Jan 23, 2018 10:35 am UTC| Technicals

Major resistance 0.9640 USD/CHF is consolidating near channel resistance after hitting low of 0.9535. The pair hits intraday high of 0.96336 and shown a minor dip from that level. It is currently trading around...

FxWirePro: DASH/USD finds strong support at 100-DMA (697), good to go short on break below

Jan 23, 2018 09:34 am UTC| Technicals Digital Currency

DASH/USD is extending downside for 3rd successive session, down 2.68% on the day. The pair remains capped below 5-DMA at 815, intraday bias bearish. 100-DMA at 698 is strong support on the downside, break below...

FxWirePro: Never get bear-trapped by deceptive EUR/USD’s shooting star, trend likely to wedge in range only – Use DNTs to trade

Jan 23, 2018 09:06 am UTC| Technicals

The minor trend of EURUSD oscillates between range (refer 4H chart in the rectangular area), the current prices have slid below 7SMAs, price dips to drag further upon intensified bearish momentum MACD crossover. On a...

FxWirePro: Buy EUR/USD above 1.2275

Jan 23, 2018 08:39 am UTC| Technicals

EUR/USD was trading in narrow range between 1.22140 and 1.22955 for the past three trading session. US dollar has shown a minor recovery as US shutdown ends as congress strikes deal. The pair is still bullish as long as...

FxWirePro: XAG/USD consolidates around $17.00 mark, stay bullish only above $17.08 mark

Jan 23, 2018 08:31 am UTC| Technicals

XAG/USD is currently trading around $17.02 marks. It made intraday high at $17.07 and low at $16.94 levels. Intraday bias remains neutral till the time pair holds key resistance at $17.08 mark. A daily close...

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Economy

Asian Stocks Slide as Semiconductor Selloff Weighs on South Korea and Japan

Asian stock markets retreated on Thursday, led by sharp declines in South Korea and Japan as renewed selling in semiconductor stocks erased part of the previous sessions AI-driven gains. Investors turned cautious after...

Asian Currencies Hold Steady as US Dollar Nears Seven-Week Low Ahead of Key Jobs Data

Asian currencies traded in a narrow range on Thursday as the U.S. dollar hovered near a seven-week low, with investors closely watching Middle East diplomatic developments and upcoming U.S. labor market data for clues on...

Gold Price Hits Seven-Week High as Fed Rate Hike Bets Fade and Hormuz Deal Hopes Grow

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Australia Trade Surplus Returns in June as Iron Ore, Coal and LNG Exports Surge

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Singapore Says One-Third of U.S. Exports Hit by New 12.5% Tariff

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Politics

Russia Intensifies Drone and Bomb Attacks on Ukraine’s Zaporizhzhia, Deepening Civilian Fear

Russia has intensified its aerial assault on the southeastern Ukrainian city of Zaporizhzhia, leaving residents facing growing danger as drone and glide bomb attacks become more frequent. The escalating strikes have...

Russian Strikes Kill Six in Eastern and Northern Ukraine, Dozens Injured

Russian attacks across several regions of Ukraine killed at least six people and injured dozens overnight, as rescue teams continued emergency operations on Thursday, according to Ukrainian authorities. In the eastern city...

Abdul El-Sayed Wins Michigan Democratic Senate Primary, Sets Up Key Midterm Showdown

Abdul El-Sayed secured the Democratic nomination for Michigans U.S. Senate race, positioning himself for a closely watched general election against Republican Mike Rogers in November. The victory marks a significant moment...

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

The U.S. Justice Department has unsealed criminal charges against five alleged senior members of Mexicos Jalisco New Generation Cartel (CJNG), intensifying Washingtons crackdown on one of the worlds most powerful drug...

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....

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

SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...

SK Hynix, Samsung Lead Asian Chip Stock Selloff After Sandisk, Western Digital Outlook

Shares of SK Hynix and Samsung Electronics tumbled on Thursday, leading a broad decline in Asian memory chip stocks after earnings guidance from Sandisk and Western Digital failed to meet investors high expectations. SK...

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...
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