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FxWirePro: Bearish Gartley formation on AUD/NZD charts, good to go long on dips

Dec 31, 2015 03:35 am UTC| Technicals

We see a Bearish Gartley formation on AUD/NZD charts. The pair dipped below strong trendline support on Dec 28th, but bears struggled to take the pair lower. AUD/NZD bounced back from 1.0567 levels, has edged above...

Nikkei Long term Outlook

Dec 31, 2015 03:15 am UTC| Technicals

Nikkei is trading in narrow range around 20000 and 18531 in the Dec month. the index has taken support near 18600 (55 W EMA) and slightly recovered from that level. Any short term weakness can be seen only below 18500...

FxWirePro: GBP/USD downtrend loses momentum, but outlook still strongly bearish

Dec 30, 2015 18:10 pm UTC| Technicals

The Cable has slipped backwards from 1.4847 levels to hit low at 1.4793 in early the US Session. However, after negative home sales data the pair rebounded back in quick succession and erased the earlier losses to trade at...

FxWirePro: EURUSD runs out of steam, bearish in the short term

Dec 30, 2015 15:49 pm UTC| Technicals

The EUR/USD pair has declined towards lower levels, as the US has gained strength across the board after the trading volumes around the world has slowly increased after markets have opened from Christmas holiday break. At...

FxWirePro: USD/JPY consolidating around 120.56, bias is bullish

Dec 30, 2015 15:12 pm UTC| Technicals

USD/JPY has rebounded after hitting support level at 120.30 and is bouncing above to test resistance level at 120.63, the support level at 120.30 set to hold the bears from falling further below and push the pair towards...

FxWirePro: USD/CHF tests 0.9886 support level, scope for further upside

Dec 30, 2015 14:54 pm UTC| Technicals

The USD/CHF has slipped back towards 0.9893 levels, after failing to break résistance level at 0.9941. The pair has been trading in a narrow range lately, and strong rebound is expected to take place sooner from...

Copper beaks major resistance around 2.145, targets 2.300

Dec 30, 2015 12:06 pm UTC| Technicals

Pattern - Ascending triangle pattern Copper broken major resistance 2.1420 and jumped till 2.147. It is currently trading around 2.134. The break of 2.142 confirms minor trend reversal, a jump till 2.3050 is...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

Asian Stocks Surge on Trump's Iran War Comments and Dip-Buying

Asian equity markets posted strong gains on Wednesday, driven by U.S. President Donald Trumps remarks signaling a potential end to military operations against Iran within two to three weeks. Renewed investor optimism,...

Japan Business Sentiment Rises as Iran War Fuels Inflation Fears, BOJ Rate Hike Looms

Japans corporate confidence strengthened for the fourth consecutive quarter through March 2026, reinforcing expectations that the Bank of Japan (BOJ) may raise interest rates as early as this month. However, mounting...

Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

Japans large manufacturers reported improved business sentiment in the three months to March, according to the Bank of Japans closely watched Tankan survey released Wednesday. The headline index for big manufacturers...

South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

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Politics

U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin

U.S. Secretary of State Marco Rubio expressed cautious optimism on Tuesday, stating that Washington can see the finish line in its ongoing military conflict with Iran, now entering its fifth week. Speaking on Fox News...

Trump Signs Executive Order Tightening Mail-In Voting Rules Amid Legal Backlash

President Donald Trump signed a sweeping executive order Tuesday aimed at tightening mail-in voting regulations across the United States, setting off immediate legal threats from voting rights advocates and Democratic...

Trump Attends Supreme Court Hearing on Birthright Citizenship Restrictions

President Donald Trump made a rare personal appearance at the U.S. Supreme Court on Wednesday to witness oral arguments in a landmark case centered on his executive order restricting birthright citizenship marking one of...

Rubio Calls for Democratic Transition and Free Elections in Venezuela

U.S. Secretary of State Marco Rubio declared Tuesday that Venezuela must undergo a political transition leading to free and fair elections, while urging both patience and vigilance from Washington. Speaking on Fox News...

U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

Republican Senator Bernie Moreno announced plans to introduce legislation next month that would permanently and comprehensively ban Chinese automakers from the U.S. automotive market. The proposed bill would expand on an...

Science

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...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

Technology

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...
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