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Sun, Apr 12, 2026 01:34 PM All times are UTC

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FxWirePro: USD/CAD faces strong resistance at 1.313, good to sell on rallies

Jul 12, 2016 10:01 am UTC| Technicals

Pattern Formed- Double top Loonie formed double top around 1.31300 and started to decline from that level. It is currently trading at 1.30462. On the downside, major support is around 1.3000 and any break below...

FxWirePro: USD/ZAR hits fresh 2-month low at 14.27, faces strong support at 14.11

Jul 12, 2016 08:15 am UTC| Technicals

USD/ZAR is currently trading around 14.28 levels. It made intraday high at 14.46 and low at 14.27 levels. Intraday bias remains bearish till the time pair holds key resistance at 14.66 marks. A daily close...

GBP/USD breaks major resistance 1.3110, jump till 1.3500 likely

Jul 12, 2016 07:39 am UTC| Technicals

The pair has recovered sharply towards 1.3100 after Andrea Leadsom pulled out of the Conservative party leadership. Mrs May is expected to be new PM as soon as at Wednesday evening. GBP/USD has broken major intraday...

FxWirePro: PBOC's yuan mid-point of 6.6950 weakest in 6 years

Jul 12, 2016 07:04 am UTC| Technicals

USD/CNY is currently trading around 6.6858 marks. It made intraday high at 6.6918 and low at 6.6833 levels. Intraday bias remains bullish till the time pair holds key support at 6.6750 levels. On the top...

FTSE100 trades well above 6625, jump till 6866 likely

Jul 12, 2016 06:55 am UTC| Technicals

Major resistance- 6625 (127.2% retracement of 6431 and 5727) The index has broken major resistance around 6625 and jumped till 6696. It is currently trading around 6676. Minor term trend is slightly bullish as...

FX Hedging Strategy Series

FxWirePro: USD/JPY takes support at trendline, expect interim upswings upon breach above 21DMA but major downtrend still seems intact

Jul 12, 2016 06:46 am UTC| Technicals

The upswings seem most likely as the pair takes trendline support at 100.521 levels. If the current prices jump above 21DMA decisively, that signals more buying sentiment in theshort term. One can easily observe as...

CAD/JPY Intraday trade and technical setup

Jul 12, 2016 06:33 am UTC| Technicals

Major support 77.95 (hourly Kijun-Sen) The pair has broken major resistance 78.45 and jumped from that level. It is currently trading around 78.67. CAD/JPY is trading slightly above Tenkan-Sen (78.43) and...

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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

Chinese businesses are making bold moves into Brazil, marking a significant shift in how China is expanding its global footprint. Leading the charge is Mixue, the ice cream and beverage giant that already operates more...

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

Bank of America is holding firm on its prediction that the Federal Reserve will cut interest rates twice in 2026, even as inflation concerns linger. In a note to clients, U.S. economist Aditya Bhave outlined why the bank...

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

President Donald Trump announced Saturday that a large number of empty oil tankers are currently sailing toward the United States, intending to load American crude oil and natural gas. Trump made the claim via Truth...

Politics

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

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

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

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

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

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

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

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...