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BTC/USD faces strong resistance around $245, break above targets $271

Sep 07, 2015 07:25 am UTC| Technicals

BTC/USD has recovered till $244 after making a low of $198 and is currently trading at $240. Short term trend is bullish as long as support $230 holds. The major resistance is around $245 and break above will take the...

FxWirePro: GBP/JPY leading oscillators trace out early bearish signals – prefer PRBS hedging

Sep 07, 2015 06:50 am UTC| Technicals

On monthly chart, the formation of hanging man pattern candle on peaks of uptrend at around 193.456 levels. This hanging man followed by two long real body red candles would reveal a medium term downtrend direction.Overall...

FxWirePro: GBP/AUD faces strong support around 2.155, good to buy at dips

Sep 07, 2015 06:37 am UTC| Technicals

GBP/AUD has recovered till 2.200 after making a low of 2.1160 on Thursday and is currently trading at 2.194. The pairs minor resistance is around 2.200 and any break above would extend gains till 2.2200/2.2370. The pairs...

FxWirePro: AUD/USD falters at 0.6948, struggling to hold intraday gains

Sep 07, 2015 06:27 am UTC| Technicals

The Australian dollar plumbed 6-1/2-year lows at $0.6892 on Monday on global growth concerns The pair recovered from fresh multi-year lows on the back of upbeat construction data and edged higher to 0.6948 on the day But...

FxWirePro: Loonie consolidates in narrow range, good to buy at dips

Sep 07, 2015 06:22 am UTC| Technicals

USD/CAD is trading in narrow range 1.3325 and 1.3125 for the past three trading session. Any trend reversal can happen only above or below the channel. On the lower side major support is around 1.3100 and any break...

FxWirePro: GBP/JPY takes support near trendline, good to buy at dips

Sep 07, 2015 06:03 am UTC| Technicals

GBP/JPY has taken support near trend line 180 (trend line joining 167 and 174.86) and slightly recovered from that level. The pairs further weakness can be seen only below 179.90. Any break below 179.90 will drag the...

FxWirePro: South Korean won extends fall over 1 pct, USD/KRW spikes to 1207

Sep 07, 2015 05:18 am UTC| Technicals

The South Korean won extends fall to more than 1 pct against the dollar on Monday, Fed uncertainty weighs. A mixed U.S. jobs report failed to offer much clarity on the timing of the Federal Reserves first rate hike...

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Economy

India's Central Bank Holds Rates Amid Iran War Energy Shock

Indias Reserve Bank of India (RBI) is widely expected to maintain its benchmark repo rate at 5.25% this Wednesday, as policymakers carefully monitor the economic ripple effects of the ongoing Iran war. The conflict has...

Oil Crisis Escalates: Trump Threatens Iran as Strait of Hormuz Closure Pushes Prices Above $110

Oil prices briefly surged past $110 per barrel on Monday after President Donald Trump escalated military and diplomatic pressure on Iran, demanding the reopening of the Strait of Hormuz by Tuesday evening or face strikes...

Asian Currencies Waver as Dollar Holds Firm Amid Middle East Tensions

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Bank of Japan Warns of Regional Economic Risks Amid Middle East Conflict and Rising Oil Prices

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India's Services Sector Growth Slows to 14-Month Low in March Amid Rising Costs

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Politics

Indonesia Files Genocide Case Against Myanmar's Min Aung Hlaing Over Rohingya Crisis

A coalition of civil society organizations filed a landmark criminal complaint in Indonesia on Monday against Myanmars newly elected President Min Aung Hlaing, accusing him of committing genocide against the Rohingya...

Ukrainian Drone Strikes Hit Novorossiysk, Injuring Eight and Cutting Power Across Russia

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Trump Endorses Steve Hilton for California Governor

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Iran-US Ceasefire Talks: Pakistan Brokers "Islamabad Accord" to Reopen Strait of Hormuz

Pakistan is playing a central role in high-stakes diplomatic efforts to end hostilities between Iran and the United States, with a proposed peace framework now on the table that could reopen the critical Strait of Hormuz...

Kim Jong Un's Daughter Emerges as North Korea's Likely Successor, South Korean Intelligence Says

South Koreas National Intelligence Service (NIS) has concluded that Kim Jong Uns teenage daughter, believed to be around 13 years old and named Ju Ae, is being actively positioned as the next leader of North Korea. Unlike...

Science

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

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 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...

Technology

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...

MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

A bipartisan group of U.S. lawmakers has unveiled the MATCH Act, a landmark piece of draft legislation designed to tighten export restrictions on advanced semiconductor manufacturing equipment destined for China. The...

Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

Microsoft is set to pour approximately $10 billion into Japan between now and 2029, channeling funds into data center expansion and artificial intelligence infrastructure to meet the countrys growing demand for data...
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