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FxWirePro: ETH/EUR holds 38.2% Fib support at 775, good to go short on break below

Jan 23, 2018 08:12 am UTC| Technicals Digital Currency

ETH/EUR is extending downside for 3rd consecutive session, trades 5.09% lower on the day. Upside in the pair remains capped below 5-DMA which is immediate resistance at 859. Downside in the pair is currently...

FxWirePro: USD/ZAR rejects key support at 12.02 mark, short term trend reversal likely

Jan 23, 2018 08:06 am UTC| Technicals

USD/ZAR is currently trading around 12.10 levels. It made intraday high at 12.11 and low at 12.04 levels. Intraday bias remains slightly bullish till the time pair holds key support at 12.02 mark. A daily...

FxWirePro: USD/CNY remains well supported below 6.40 mark, PBOC sets yuan mid-point at 6.4009

Jan 23, 2018 07:25 am UTC| Technicals

USD/CNY is currently trading around 6.3977 marks. It made intraday high at 6.4052 and low at 6.3900 levels. Intraday bias remains bearish till the time pair holds key resistance at 6.4180 mark. A sustained...

FxWirePro: GBP/CAD pauses at major trendline resistance at 1.7435, resumption of upside likely on break above

Jan 23, 2018 07:07 am UTC| Technicals

GBP/CAD is trading in an extremely narrow range, struggles to find catalyst for its next move. Upside in the pair remains capped at major trendline resistance at 1.7435. We see resumption of upside on break...

FxWirePro: GBP/JPY break major trend line resistance at 154.90, jump till 156 likely

Jan 23, 2018 07:02 am UTC| Technicals

Trend line breakout: 154.95 (trend line joining 151.93 and 153.41). GBP/JPY continuing its bullish trend for past three days after forming a minor bottom at 153.11.The pair is trading higher and broken 155...

FxWirePro: NZD/CHF capped at 61.8% Fib, breakout to see further upside

Jan 23, 2018 06:43 am UTC| Technicals

NZD/CHF spikes past 5-DMA to hit fresh highs for the week at 0.7066. Upside was capped at 61.8% Fib retrace of 0.72909 to 0.67066 fall at 0.7067. The pair has bounced off 20-DMA with a hammer formation which...

FxWirePro: EUR/JPY minor trend goes non-directional after shooting stars, bulls intensified in major uptrend after retracing 61.8% Fibos

Jan 23, 2018 06:33 am UTC| Technicals

EURJPY trend has been oscillating between the tight range of upside bracket at 136.168 and downside bracket at 135.171 levels (refer 4H chart). At every range resistance, shooting star pattern candles have occurred....

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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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