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Sat, Apr 11, 2026 01:26 PM All times are UTC

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FxWirePro: BTC/USD consolidates in narrow range, good to sell on rallies

May 13, 2016 07:29 am UTC| Technicals

Major resistance -$470 (Apr 26th 2016) BTC/USD has once declined till $452 at the time of writing after making a high of $455.55 today. It is currently trading around $452.27. Minor trend is slightly bearish as...

GBP/JPY faces strong support at 156, break below targets 154.40

May 13, 2016 06:57 am UTC| Technicals

Major support -156 (200 day HMA) Major resistance -158.50 GBP/JPY has retreated after making a high of 155.48.It is currently trading around 156.59. Minor weakness can be seen only below 156. Any indicative...

FxWirePro: USD/INR faces strong resistance at 66.84, a break above targets 67.17

May 13, 2016 06:34 am UTC| Technicals

USD/INR is currently trading around 66.75. It made intraday high at 66.78 and low at 66.71 marks. Intraday bias remains neutral till the time pair holds key resistance at 66.84 marks. A daily close below...

FX Hedging Strategy Series

FxWirePro: EUR/JPY OTC signals rallies unlikely to sustain and tumble further, bid 3M risk reversals - Hedge via diagonal backspreads

May 13, 2016 06:26 am UTC| Technicals

Technicals Watch:This weeks price bounces have now tested and rejected resistance at 124.445 levels (daily charts), thats where a Shooting Star pattern occurs, as a result, we see bears resuming again, current prices...

FxWirePro: Swedish krona continues to fall against euro, good to buy on dips

May 13, 2016 05:49 am UTC| Technicals

EUR/SEK is currently trading around 9.3136 levels. It made intraday high at 9.3186 and low at 9.2920 levels. Intraday bias remains bullish for the moment. A sustained break above 9.3270 tests key resistances...

USD/JPY faces major resistance at 109.50, break above targets 110/110.75

May 13, 2016 05:31 am UTC| Technicals

Major support 108 (7 day EMA) Major resistance 109.50 (61.8% retracement of 111.88 and 105.54) USD/JPY has retreated after making a high of 109.39. It is currently trading around 108.83. Minor weakness can...

FX Hedging Strategy Series

FxWirePro: EUR/JPY forms “Shooting Star” at resistance of 124.445, major downtrend sliding in “Falling Wedge” – Stay short on rallies

May 13, 2016 04:59 am UTC| Technicals

This weeks price bounces have now tested and rejected resistance at 124.445 levels (daily charts). A Shooting Star pattern occurs at resistance of 124.445, as a result, we see bears resuming again, current prices...

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Economy

Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns

The Federal Reserve has launched a formal inquiry into major U.S. banks and their financial ties to the private credit sector, raising fresh concerns about systemic risk across the $1.8 trillion industry. The move comes as...

Middle East Conflict Threatens Global Economic Stability, World Bank Warns

The ongoing Middle East war is sending shockwaves through the global economy, and even a fragile ceasefire brokered by U.S. President Donald Trump may not be enough to prevent lasting damage, World Bank President Ajay...

U.S. Markets Post Strong Weekly Gains Despite Middle East Tensions and Rising Energy Prices

U.S. stock markets closed mixed on Friday as investors weighed a fragile Middle East ceasefire against an inflation report that came in better than feared. Despite Fridays uneven session, major indexes logged their...

Colombia and Ecuador Trade War Escalates With Retaliatory Tariffs

Tensions between Colombia and Ecuador have reached a breaking point after Colombia announced 100% retaliatory tariffs on Ecuadorian imports, intensifying an ongoing trade dispute between two ideologically divided...

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

Politics

Iran's Lost Mines Threaten Strait of Hormuz Reopening and Global Oil Markets

A major obstacle has surfaced in efforts to reopen the Strait of Hormuz after Iran admitted it can no longer locate or recover all of the naval mines it deployed in the critical waterway, according to a New York Times...

MATCH Act: How New U.S. Chip Legislation Could Freeze China's Semiconductor Ambitions

American lawmakers are advancing one of the most aggressive semiconductor export control bills ever proposed. The Multilateral Alignment of Technology Controls on Hardware Act, widely known as the MATCH Act, has drawn...

FAA and Pentagon Approve Laser Counter-Drone System Along U.S.-Mexico Border

The Federal Aviation Administration and the Pentagon have reached a landmark agreement authorizing the deployment of a high-energy laser counter-drone system along the southern U.S. border. This milestone follows extensive...

Eric Swalwell Faces Sexual Assault Allegations Amid California Governor's Race

California Democratic Congressman Eric Swalwell is facing serious sexual assault allegations from a former district office staffer, throwing his prominent gubernatorial campaign into turmoil. The accusations, first...

Iran's Missile Arsenal Poses Ongoing Risk Despite U.S. Claims of Destruction

Recent U.S. intelligence assessments reveal that Iran still maintains thousands of operational ballistic missiles, directly contradicting the White Houses assertion that the regimes military capabilities have been...

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...