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DAX30 breaks major support at 9730, decline till 9440 is possible

Jun 13, 2016 07:01 am UTC| Technicals

Major support -9730 (May 6th low) The index has broken major support 9730 and declined till 9658 at the time of writing. It is currently trading around 9681. Short term trend is weak as long as resistance 10020...

FxWirePro: EUR/GBP extends gains above 0.79 handle, good to go long on dips

Jun 13, 2016 06:59 am UTC| Technicals

EUR/GBP extends gains above 0.79 handle after breaking major resistance at 0.7880. Risk-off in Asia post below estimates Chinese data has been supportive of the single currency, pushing the cross to flirt with fresh...

FxWirePro: USD/JPY slips below 106 handle, hits 5-week low of 105.81, bias lower

Jun 13, 2016 06:25 am UTC| Technicals

USD/JPY has breaks major support at 106.40, hits new 5-week low of 105.81. The Bank of Japan is expected to remain on hold at its monetary policy meeting scheduled on June 16. Uncertainty at FOMC meeting...

FxWirePro: Silver faces key resistance at $17.32, good to buy on dips

Jun 13, 2016 06:13 am UTC| Technicals

XAG/USD is currently trading around $17.28 marks. It made intraday high at $17.34 and low at $17.08 levels. Intraday bias remains bullish till the time pair holds key support at $16.88 marks. A daily close...

FxWirePro: USD/JPY 21DMA crossover signals bears extension to channel base – Juicy times for speculators on Japanese manufacturing index

Jun 13, 2016 06:12 am UTC| Technicals

We foresee more bearish tendency in this pair after it has broken below support at 107.674 levels. As you can clearly observe it has been consistently drifting through sloping channel testing 7DMA as a stiff resistance....

GBP/JPY forms bullish divergence in weekly chart, slight jump till 155 is possible

Jun 13, 2016 06:03 am UTC| Technicals

Major Support 149.80 (161.8% retracement of 152.95 and 157.95) Major resistance- 152.75 (4H Kijun-Sen) GBP/JPY has declined till 150.08 in the morning and slightly recovering from that level. It is currently...

FxWirePro: Gold faces major resistance at $1300, good to buy at dips

Jun 13, 2016 05:28 am UTC| Technicals

Major Support - $1250 (7 W EMA) Gold has broken major trend line resistance $1260 (trend line joining $1303 and $1288) and jumped till $1278.It is currently trading around $1274. Short term trend is bullish as...

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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

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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

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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

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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

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

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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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