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Mon, Aug 10, 2026 02:31 AM All times are UTC

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FxWirePro: USD/CAD uptrend on verge of handle formation but short-term bulls drift in narrow range as buying momentum shrinks away

Nov 24, 2016 12:13 pm UTC| Technicals

The US dollar bulls seem to have taken a halt in the tight range between 1.3588 and 1.3378 against CAD, the bulls momentum shrinking away in tight range, after last weeks long legged doji formation at 1.3496 levels, this...

FxWirePro: GBP/USD struggles to close above 1.2500, good to sell on rallies

Nov 24, 2016 10:08 am UTC| Technicals

Major resistance- 1.2530 Major support -1.23000 (Nov 18th 2016 low) Cable is trading between 1.2673 and 1.2300 for the past nine trading session. The pair jumped sharply from the low of 1.19038. But bulls got...

FX Hedging Strategy Series

FxWirePro: Cable interim bulls seem to be exhausted to drift in sideways, major downtrend still remains intact below 7-EMA – Double touch binaries to speculate

Nov 24, 2016 09:27 am UTC| Technicals

The bulls attempts are restrained at 7DMA, more bearish rout underway as we see no bullish substantiation from any other technical indicators. As a result, the interim bulls drift in sideways, major downtrend still...

US Dollar index: Short term outlook

Nov 24, 2016 08:50 am UTC| Technicals

1. Policy divergence between US Fed and other major central banks 2. Donald Trump Trade deal 3. Technical Break out.(DXY broken high of 100.60 and jumped till 101.48 in previous week .In this week theindexbreaks high...

FxWirePro: Turkish lira weakens to record low of 3.4211 against U.S. dollar

Nov 24, 2016 08:29 am UTC| Technicals

USD/TRY is currently trading at 3.4163 levels. It made intraday high at 3.4211 and low at 3.3935 levels. Intraday bias remains bullish till the time pair holds key support at 3.3551 levels. Key resistances...

FxWirePro: EUR/AUD trades narrow range, capped below 23.6% Fib, stay short

Nov 24, 2016 08:11 am UTC| Technicals

EUR/AUD extends downside after break below 20-DMA at 1.4355, intraday bias lower. Technical studies are bearish, RSI and Stochs on daily charts are biased lower. Major support levels - 1.4237 (Nov 23 low), 1.4183...

FxWirePro: USD/ZAR rejects key support at 14.01 mark, stay bullish

Nov 24, 2016 07:42 am UTC| Technicals

USD/ZAR is currently trading around 14.17 levels. It made intraday high at 14.22 and low at 14.10 levels. Intraday bias remains bullish till the time pair holds key support at 14.01 marks. A daily close...

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Economy

US Stock Futures Flat as Iran Strait of Hormuz Demands Fuel Oil Concerns

U.S. stock futures were largely flat Sunday night as investors assessed renewed geopolitical risks surrounding the Strait of Hormuz, with Iran setting conditions for fully reopening the critical oil shipping route. SP 500...

Japan Posts First Current Account Deficit in 17 Months as Dividend Payments Surge

Japan recorded a current account deficit in June for the first time in 17 months, as rising dividend payments to overseas investors and higher oil import costs weighed on the countrys external balance. The current account...

China Inflation Cools in July as CPI Misses Forecast, PPI Deflation Eases

Chinas consumer inflation slowed more than expected in July, while factory-gate prices remained firmly in deflationary territory, highlighting continued weakness in domestic demand despite signs of improvement in the...

Australian Shares Fall as Westpac Slides, Miners Gain Ahead of RBA Decision

Australian shares moved lower on Monday as a sharp decline in Westpac Banking Corporation weighed on the financial sector, while gains in mining stocks helped limit broader market losses ahead of the Reserve Bank of...

US Dollar Near Two-Month Low as Markets Await Inflation Data

The U.S. dollar traded near a two-month low against major currencies on Monday as investors turned their attention to upcoming U.S. inflation data for fresh signals on the Federal Reserves interest rate outlook. The euro...

Politics

Taiwan Tests Penghu Defense, Mobile Internet Limits in War Drills

Taiwans military conducted a simulated defense of the strategically important Penghu Islands on Monday as part of its annual Han Kuang military exercises, while authorities prepared to restrict mobile internet speeds in a...

Iran-Oman Hormuz Shipping Deal Nears Final Stage

Iran said Sunday that an agreement with Oman establishing new shipping lanes in the Strait of Hormuz is nearing completion, but Tehran stressed that the crucial waterway will remain closed until the United States meets...

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

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

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...