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

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FxWirePro: EUR/JPY supported above 5-DMA, focus on Eurozone PMI data

Nov 23, 2016 07:27 am UTC| Technicals

EUR/JPY is extending a gradual grind higher, remains supported above 5-DMA currently at 117.64. The pair has been confined in a narrow range amid thin liquidity on the back of a National holiday in Japan. Focus...

GBP/JPY forms double top around 138.85, break below 137.50 targets 135.90

Nov 23, 2016 07:16 am UTC| Technicals

Major resistance- 138.85 (Sep 2nd high) Major support 137.50 (resistance turned into support) GBP/JPY has formed almost a double top around 138.85 and started to decline from that level. The pair declined till...

FxWirePro: USD/JPY trades a narrow range, finds stiff resistance at 111.35

Nov 23, 2016 06:57 am UTC| Technicals

USD/JPY has been trading a narrow range in the Asian session. Volumes also low amid a National holiday in Japan. The pair has been struggling to get past stiff resistance at 111.35 since the beginning of the...

FxWirePro: CAD/JPY hammer pattern hammers bull swings in consolidation phase with bullish SMA crossover – Double touch options as more rallies likely

Nov 23, 2016 06:45 am UTC| Technicals

On weekly terms, this pair forms hammer pattern candle at 78.718 levelwhich is bullish in nature, you could see that this hammer pattern now evidences upswings that break thestiff resistance of 78.639 and 79.816 levels,...

FxWirePro: Gold faces strong support at $1200, good to sell on rallies

Nov 23, 2016 06:33 am UTC| Technicals

Major resistance $1221.75 (7- day EMA) Major support - $1200 The yellow metal has once again declined after jumping till $1221.Gold shown a dip till $1205.90 and recovered slightly from that level. Gold...

FxWirePro: China's offshore yuan weakens past 6.92 per U.S. dollar, PBOC sets yuan mid-point at 6.8904

Nov 23, 2016 06:30 am UTC| Technicals

USD/CNY is currently trading around 6.8961 marks. It made intraday high at 6.8968 and low at 6.8880 levels. Intraday bias remains bullish till the time pair holds key support at 6.8550 marks. On the top...

FxWirePro: AUD/USD finds strong support at 0.7386, good to go long on dips

Nov 23, 2016 05:38 am UTC| Technicals

Sentiment among commodities continued to improve underpinning the resource-linked Aussie. AUD ignored weak Q3 construction work data released earlier today which adds to evidence that the economy hit a soft spot in...

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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...