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Call update: NZD/CAD target-1 hit, further bullishness only on breaks above 0.9237

Feb 23, 2016 03:46 am UTC| Technicals

NZD/CAD is extending upside after taking strong trendline support at 0.9042 on Feb 18th trade. Price action has re-entered the daily cloud and Stochs have shown a bullish crossover from oversold levels. Strong support is...

USD/CHF breaks major resistance 0.9960, targets 1.00725

Feb 23, 2016 03:16 am UTC| Technicals

Major resistance - 0.9960 (trend line joining 1.00739 and 0.99685) Major support - 0.9900 The pair has broken major resistance 0.9960 and jumped till 0.9996. It is currently trading around 0.99769. On the higher side...

Major Asian Indices Technical's

Feb 23, 2016 02:48 am UTC| Technicals

Nikkei Nikkei has once again declined after making a high of 16328 . It is currently trading around 16098. Short term trend is weak as long as resistance 16340 (Tenken-Sen) holds. The index is facing strong resistance...

FxWirePro: USD/CHF consolidates around 0.9987, good to buy on dips

Feb 22, 2016 20:50 pm UTC| Technicals

The USD/CHF rebounded from 0.9885 levels to hit high at 1.0001 levels, as the demand for safe heaven assets waned after oil markets jumped as much as 7 percent and European stocks opened higher. The short term...

FxWirePro: AUD/USD consolidating around 0.7273 levels, outlook bullish

Feb 22, 2016 19:17 pm UTC| Technicals

AUD/USD inched higher to trade around one month high on Thursday as strong rebound in oil prices and Brexit fears supported Aussie bulls. Much of the move was due rise in metal prices and also due heavy selling in the...

FxWirePro: USD/CAD strengthens as oil prices rally, scope for further downside

Feb 22, 2016 18:09 pm UTC| Technicals

The USD/CAD pair slipped lower on Monday as crude oil prices rose and risk appetite firmed. The pair hit low at 1.3658 before recovering to trade around 1.3683 levels in the late US session. As long the pair trades below...

Gold retreats from daily high, outlook bearish - short around 1218, targets around 1196/1170, SL 1240

Feb 22, 2016 17:20 pm UTC| Technicals

Gold has retreated after finding resistance at 1218 level to trade around 1211 levels, erasing some earlier gains made in the previous European session. Further upside is set to be limited as the commodity finds strong...

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Economy

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets

Gold prices climbed on Wednesday, remaining close to the $4,400-an-ounce mark as uncertainty surrounding the reopening of the Strait of Hormuz boosted oil prices and kept investors focused on the Federal Reserves...

Oil Prices Rise as Hormuz Tensions Threaten Global Supply

Oil prices climbed on Wednesday, approaching a two-week high as uncertainty over the Strait of Hormuz and fresh attacks on shipping raised concerns about prolonged disruptions to global crude supplies. Brent crude oil...

Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

Minnesota Lieutenant Governor Peggy Flanagan has secured the Democratic nomination for the U.S. Senate, setting up a closely watched general election contest against Republican nominee Michele Tafoya. U.S. media outlets...

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

Trump Signs Order to Cut Routine Childhood Vaccines

President Donald Trump has signed an executive order seeking to reduce the number of routine childhood vaccinations recommended in the United States and directing the Justice Department to challenge certain state vaccine...

Wisconsin Democratic Primary Tests Progressive Appeal

Democratic socialist Francesca Hong and moderate David Crowley remained locked in a tight race Tuesday in Wisconsins closely watched Democratic gubernatorial primary, offering an important test of progressive candidates...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...
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