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USD/JPY is in consolidation phase, waiting for further confirmation

May 15, 2015 05:18 am UTC| Technicals

RES4: 122.05 (Mar 3rd high) RES3 120.80 (Mar 10th High) RES 2 :120.50 (May 5th high) RES1:119.70 (200 day HMA) PRICE: 119.35 @ 05:09 GMT SUP1: 119 (May 7th low) SUP2: 118.50 (Apr 30th low) SUP...

EUR/AUD setup supports range trading, rather than a trending market

May 15, 2015 03:04 am UTC| Technicals

Opened +0.85% on disparate component position adjustment v/s USD Momentum studies base - 5, 10 20 dmas conflict - 20 day Bollingers contract Setup supports range trading, rather than a trending...

AUD/USD struggling to recover earlier losses

May 15, 2015 02:56 am UTC| Technicals

Pair since bounced off its 0.8043 low but 0.8070 proving a tentative block Iron ore fixed 1.3% lower while Dalian future fell 3% (and another 0.5% today) For now respect 0.8040; break however warns Wednesdays...

NZD/USD hits new short-term trend high, key resistance at 0.7565/75

May 14, 2015 15:15 pm UTC| Technicals

NZD/USD pierces 55 DMA 50 Fib of 0.7744-0.7318, hits new short-term trend high Some gains pared as USD bounces commodity lifts stall, offers in 0.7565/75 zone loom aid pullback Day RSI biased up, long lower wick on...

EUR/JPY hits new price trend high; short-term overbought risk

May 14, 2015 14:18 pm UTC| Technicals

EUR/JPY 136.42 high is by 136.70 Feb peak 161.8% off April base at 136.66 Purge of Bund buys nearing oversold on weekly RSI, may slow EURs squeeze New price trend high, but RSI bearishly diverges, warns of Short-Term...

USD/ZAR 100DMA gives out at 11.8180

May 14, 2015 13:56 pm UTC| Technicals

Dollar down, Gold up and stops kick in USD/ZAR 100 DMA gives out at 11.8180 and stops go off to 11.7800 April 29 11.71 low now in sight, broad USD reaction to soft US data still leaning on price Key support area...

USD/MXN lower after US data, testing thin cloud support by 15.13

May 14, 2015 13:35 pm UTC| Technicals

USD/MXN lower after US data, testing thin cloud support by 15.13 Mexicos own growth concerns weigh on peso, Fed LFL seen as peso friendly Next support is at recent low at 15.1075, close below the cloud eyes Apr 6 low by...

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Economy

Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data

Gold prices moved higher in Asian trading on Friday, supported by a weakening U.S. dollar and strong expectations that the Federal Reserve will cut interest rates at its upcoming December 910 meeting. Spot gold rose 0.5%...

Asia’s IPO Market Set for Strong Growth as China and India Drive Investor Diversification

Asias equity capital markets are poised for another strong year as a surge of high-profile IPOs from China and India attracts global investors seeking diversification beyond U.S. assets. In 2025, Asian ECM...

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European Stocks Rise as Markets Await Key U.S. Inflation Data

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European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure

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Politics

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

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Trump’s New U.S. Strategy Seeks to Deter China and Protect Taiwan

President Donald Trumps administration has outlined a strengthened U.S. strategy aimed at preventing conflict with China over Taiwan and the South China Sea by expanding American and allied military power. The latest...

Putin and U.S. Envoy Witkoff Hold “Truly Friendly” Talks as Ukraine Peace Efforts Intensify

The Kremlin signaled a notable shift in tone in U.S.Russia dialogue after Russian President Vladimir Putins nearly five-hour meeting with U.S. envoy Steve Witkoff and White House adviser Jared Kushner. According to Yuri...

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...

China’s Expanding Maritime Military Presence Alarms Taiwan and Japan

Taiwan and Japan expressed growing concern on Friday over Chinas expanding military activity across East Asian waters, following a Reuters report revealing Beijings largest maritime deployment to date. According to...

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

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...

OpenAI Moves to Acquire Neptune as It Expands AI Training Capabilities

OpenAI has confirmed plans to acquire Neptune, a startup known for its advanced tools that help companies track, monitor, and optimize AI model training workflows. Although the company did not release the financial details...
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