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FxWirePro: USD/TRY hits fresh 3-week low at 2.9621, faces strong support at 2.9601

Aug 10, 2016 07:22 am UTC| Technicals

USD/TRY is currently trading at 2.9650 levels. It made intraday high at 2.9700 and low at 2.9621 levels. Intraday bias remains bearish till the time pair holds key resistance at 2.9977 marks. A sustained...

FxWirePro: GBP/JPY faces strong support at 132, good to sell on rallies

Aug 10, 2016 07:04 am UTC| Technicals

Major resistance 134.40 (7 day EMA). The pair has declined sharply from the high of 134.02 yesterday. It is currently trading around 133.11. In the hourly chart GBP/JPY is trading slightly well below Tenkan-Sen...

FxWirePro: NZD/USD finds major resistance at 0.7230, further upside only on break above

Aug 10, 2016 06:37 am UTC| Technicals

RBNZ rate cut by 25 basis points to 2.2 percent is largely priced in by the markets. Broad-based USD sell-off supporting NZD/USD higher ahead of the RBNZ meeting tomorrow. The pair is extending upside after...

FxWirePro: USD/ZAR hits fresh 10-month low at 13.35, good to sell on rallies

Aug 10, 2016 06:24 am UTC| Technicals

USD/ZAR is currently trading around 13.35 levels. It made intraday high at 13.43 and low at 13.35 levels. Intraday bias remains bearish for the moment. A daily close below 13.38 will drag the parity down...

Gold: Buy on dips

Aug 10, 2016 06:12 am UTC| Technicals

Major support - $1340 (hourly Tenkan-Sen). Major resistance- $1353 (61.8% retracement of $1367 and $1330.46). Gold has broken major resistance $1338 (21 day MA) and jumped till $1353 at the time of writing. It is...

FxWirePro: AUD/NZD breaks major support at 1.0707, intraday bias lower

Aug 10, 2016 06:10 am UTC| Technicals

AUD/NZD has broken major support at 1.0707 on 4H charts and edged lower to currently trade around 1.0672 levels. Intraday bias is lower, momentum bearish and Stochs are biased lower. Upside was rejected on...

FxWirePro: AUD/NZD intraday bearish bias upon slipping below DMAs but catch dips to go long in medium term

Aug 10, 2016 05:42 am UTC| Technicals

Ever since the appearance of shooting star and gravestone doji at 1.0720 and1.0703 levels respectively, the pair has been experiencing bearish momentum on intraday charts (see 4H charts). The selling momentum is...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

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Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

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Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

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Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

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Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

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Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

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Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

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Science

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...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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