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GBP/JPY faces strong resistance at 155.30, break above targets 157.20

Jun 10, 2016 06:36 am UTC| Technicals

Major resistance 155.30 (90 H EMA) Major support -154.50 GBP/JPY has recovered sharply till 155.27 from the low of 153.50. It is currently trading around 154.67. Minor trend reversal can happen only above...

FxWirePro: AUD/CAD breaks major trendline support at 0.9463, downside intact

Jun 10, 2016 06:29 am UTC| Technicals

AUD/CAD has broken below major trendline supprot at 0.9463 and has slipped below 21-DMA at 0.9439. Intraday bias for the pair is lower, pair ontrack to test 0.9385 levels. Further weakness could see test of...

FxWirePro: NZD/USD bulls flirting overbought territory, aggressive bear in hustle for dips - Risk averse wait for 0.7049

Jun 10, 2016 06:21 am UTC| Technicals

We could observe NZDUSD has been going in consolidation pattern as the previous long term bearish trend now moving in sideways to upswings that meanbulls now holding stronger (see monthly charts, trend spike above...

FxWirePro: USD/JPY extends recovery from 5-week lows, struggles at 107 handle

Jun 10, 2016 05:56 am UTC| Technicals

USD/JPY is extending recovery from 5-week lows of 106.25 hit on Thursday, is currently struggling at 107 handle. Asian markets stabilize after initial sell-off, curbing the safe-haven demand for the Japanese...

FxWirePro: USD/ZAR remains well supported below 14.98 mark, good to sell on rallies

Jun 10, 2016 05:42 am UTC| Technicals

USD/ZAR is currently trading around 14.86 levels. It made intraday high at 14.87 and low at 14.79 levels. Intraday bias remains neutral for the moment. A daily close below 14.72 will drag the parity down...

FxWirePro: Silver faces strong resistance at $17.36, good to sell on rallies

Jun 10, 2016 05:17 am UTC| Technicals

Major resistance- $17.36 (May 16th high) Silver prices rose more 6% in past two trading session till $17.30 per ounce. In the Asian session 4:00 GMT the pair is trading at $17.21. The XAG/USD is facing strong...

FxWirePro: NZD/JPY breaks major support at 76.05, good to sell rallies

Jun 10, 2016 05:00 am UTC| Technicals

Kiwi rallied after the RBNZ left its interest rates on hold at 2.25%, but the rally lacked follow-through. The bird failed to sustain at higher levels and now extends its corrective slide as risk-off trades...

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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

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

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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