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EUR/GBP extends to new lows after hourly cloud weighs

May 27, 2015 13:33 pm UTC| Technicals

EUR/GBP extends to new lows for this move after the hourly cloud weighs Below 0.7015 targets long-term fibo at 0.6654 (76.4% of 0.5681 - 0.9805) Short in play targeting the 2015 low at 0.7015 Stops lowered to above the...

GBP/JPY next key hurdle at 192.46; Fibo targets upper 190s

May 27, 2015 13:25 pm UTC| Technicals

GBP/JPY next key historical hurdle is the Mar 08 spike low at 192.46 61.8% of the 07-11 drop 161.8% off the 11 base are at 199.79 198.35 Those bullish structures retrace well to key 14 lows Post UK election lift,...

55-DMA caps EUR/USD overnight gains, sub-1.07 levels likely

May 27, 2015 12:57 pm UTC| Technicals

Overnight gains capped by 55-DMA, long upper wick forms on daily candle RSIs biased down no divergence, yield spread edge further in USDs favor Late April lows near 1.0660 looks very doable now Above 1.1050/60 needed...

EUR/JPY overnight bounce reversed; 132.80 key below

May 27, 2015 12:51 pm UTC| Technicals

EUR/JPY overnight bounce on fresh JPY sales Asian EUR/USD recovery; latter reversed HS top formation on dailies awaits confirmation with break below 132.80 100-DMA 38.2% of the Apr-May uptrend are by 132.80 now 134.80...

EUR/USD is struggling to break 20 day HMA, decline till 1.0660 is possible

May 27, 2015 12:38 pm UTC| Technicals

RES 4: 1.100 RES 3: 1.0980 (cloud bottom) RES 2: 1.0930 (Cloud top) RES 1:1.0885 (7 day HMA) PRICE: 1.08556 @ 12:18 GMT SUP 1 :1.0850 SUP 2: 1.06580 (Apr 21st low) SUP 3: 1.05482 (Apr...

USD/MXN probes 2-week high near 15.36

May 27, 2015 12:37 pm UTC| Technicals

USD/MXN off overnight lows eyes recent high by 15.4300 Resistance 15.3540 daily pivot resistance, 15.43 high May 12, 55-DMA by 15.2812 supports USTs/oil move lower, RM offers tipped 15.32/35 area Banxico watching MXN,...

USD/JPY closing gap on small 124 barriers

May 27, 2015 12:31 pm UTC| Technicals

USD/JPY remains on track for objectives by 125, prices above down TrendLine from 09 by 122 Pair closing gap on small 124 barriers 124.14 peak from 07; stops above there 161.8% Fibo-projected highs off Mars low 14s low...

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Economy

Vietnam’s November Trade Sees Monthly Decline but Strong Year-on-Year Growth

Vietnam recorded a notable month-on-month decline in trade activity in November, according to new data from the National Statistics Office (NSO). Exports fell 7.1% from October, reaching $39.07 billion, while imports...

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fitch Ratings has reaffirmed Austrias Long-Term Foreign-Currency Issuer Default Rating at AA with a Stable Outlook, underscoring the countrys strong economic fundamentals despite rising fiscal pressures. According to the...

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

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U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

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U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

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Politics

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

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Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

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Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Australia has announced new financial sanctions and travel bans against four senior officials of Afghanistans Taliban government, citing the worsening human rights situation in the country, particularly the escalating...

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

A U.S. appeals court has ruled that President Donald Trump had the authority to dismiss Democratic members of two major federal labor boards, marking a significant win for efforts to expand presidential control over...

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

President Donald Trump on Friday expressed support for a major shift in U.S. vaccine policy after government advisers voted to eliminate the long-standing recommendation that all newborns receive the hepatitis B vaccine at...

Science

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

Taiwan Opposition Criticizes Plan to Block Chinese App Rednote Over Security Concerns

Taiwans political landscape heated up after the government announced a plan to suspend access to the Chinese social media platform Rednoteknown as Xiaohongshufor one year. The interior ministry said the proposed ban stems...

EU Prepares Antitrust Probe Into Meta’s AI Integration on WhatsApp

The European Commission is reportedly preparing to launch a new antitrust investigation into Meta Platforms Inc. (NASDAQ: META) over the companys recent rollout of artificial intelligence features within WhatsApp....

Sam Altman Reportedly Explored Funding for Rocket Venture in Potential Challenge to SpaceX

OpenAI CEO Sam Altman reportedly explored raising significant capital to acquire or partner with a rocket company, a move that could have created direct competition with Elon Musks SpaceX. According to a report from the...

Wikipedia Pushes for AI Licensing Deals as Jimmy Wales Calls for Fair Compensation

Wikipedia is seeking additional licensing deals with major technology companies to address the growing financial burden caused by artificial intelligence firms heavily scraping its platform, according to co-founder Jimmy...

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

Firelight reaches 25M XRP deposit cap within hours of launch; ushers in a new era for decentralized XRP staking. A new XRP staking platform, Firelight, has officially launched on the Flare blockchain, marking the first...
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