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Technicals

Fri, Apr 10, 2026 08:12 PM All times are UTC

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GBP/USD faces strong resistance at 1.4320,markets eye UK CPI for further direction

Apr 12, 2016 06:35 am UTC| Technicals

Candle Stick pattern Formed- Gravestone Doji Major resistance -1.4320 Cable has made a high of 1.42863 and declined from that level . It is currently trading around 1.42317. Markets eyes UK CPI data which is...

FxWirePro: NZD/USD rejected at highs, tests strong trendline support at 0.6868

Apr 12, 2016 06:30 am UTC| Technicals

NZD/USD upside stalls shy of the 0.79 handle, the pair was rejected at days highs by 0.6892. Inverted hammer formation evidenced at highs, pair has edged lower to test strong trendline support at 0.6868. We see...

FxWirePro: Cloud base is strong support for AUD/CAD, weakness only on breaks below

Apr 12, 2016 06:02 am UTC| Technicals

AUD/CAD has broken range trade and price action has slipped into the daily cloud, hit session lows at 0.9788. Momentum studies are neutral, pair struggling to break below cloud base, only break below will see scope...

FX Hedging Strategy Series

FxWirePro: Book profits in AUD/JPY's

Apr 12, 2016 05:49 am UTC| Technicals

Lets begin with the review of strategy performance that weve advocated on 1st of April, we came up with credit call spreads (1% ITM call shorts and long on 1% OTM call). Those who executed this at that juncture would have...

FxWirePro: NZD/CAD forms Bearish Bat Pattern, good to buy at dips

Apr 12, 2016 05:48 am UTC| Technicals

Harmonic Pattern Formed Bearish Bat pattern Potential Reversal Zone (PRZ) 0.8970 The pair has recovered after making a low of 0.8835. It is currently trading around 0.88801. CAD has rallied against all...

FxWirePro: NZD/JPY breaks strong trendline resistance at 74.10, targets 75

Apr 12, 2016 05:25 am UTC| Technicals

NZD/JPY has broken above strong trendline resistance at 74.10 and is currently trading around 74.50 levels. The pair is extending upside for the 3rd consecutive session after hitting fresh 8-month lows at 72.88 on...

FX Hedging Strategy Series

FxWirePro: AUD/JPY trend analysis - encourage intraday bulls, short term speculators and long term bears to prolong

Apr 12, 2016 05:17 am UTC| Technicals

Please be noted that we were bearish bias and accordingly we suggested shorts in this pair. Refer below link for further readings on our earlier post on this...

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Economy

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...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

Iran has firmly rejected reports suggesting that a diplomatic delegation traveled to Islamabad to engage in negotiations with the United States, calling the claims entirely false. The denial was issued through state-linked...

U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

A fragile two-week ceasefire between the United States and Iran is showing serious cracks just one day before scheduled peace negotiations in Pakistan. Washington has accused Tehran of violating commitments related to the...

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

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...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...