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EUR/USD pares earlier gains, wider yield spreads weigh

Apr 23, 2015 12:57 pm UTC| Technicals

Source: Thomson Reuters EUR edged higher on Greek headlines earlier but gains fade, US claims miss cant lift Wider yield spreads keep weight on, chop to persist, broad 1.0625/1.0850 range to hold Leveraged buys USD,...

EUR/GBP breaks major support 0.7150, decline till 0.7000 is possible

Apr 23, 2015 11:59 am UTC| Technicals

RES4: 0.7300 RES 3: 0.72793 (61.8% retracement of 0.7379 and 0.7112) RES 2: 0.7235 (Apr 14th high) RES 1: 0.7194 (200 day HMA) PRICE: 0.7159 @11:54 GMT SUP 1: 0.7150 (61.8% retracement of 0.70130...

GBPUSD holds at near term resistance, 50% Fibonacci Retracement

Apr 23, 2015 11:34 am UTC| Technicals

Support 2: 1.4855 Support 1: 1.4913 (38.2% Fibonacci Retracement) Current market Price: 1.4995 Resistance 1: 1.5079 (50% Fibonacci Retracement) Resistance 2: 1.5175 (61.8% Fibonacci Retracement) Commentary: The...

EUR/USD is in consolidation phase, stand aside

Apr 23, 2015 11:33 am UTC| Technicals

RES 4: 1.100 RES 3: 1.0935 (61.8% retracement of 1.105 and 1.0520) RES 2: 1.0847 (Apr 17th high) RES 1: 1.0775 (61.8% retracement of 1.0847 and 1.0658) PRICE: 1.07355 @ 11:28 GMT SUP 1: 1.0695 (200 day...

EUR/USD closer to daily high at 1.0756

Apr 23, 2015 10:49 am UTC| Technicals

Support Level 1- 1.0659 (38.2% Fibonacci Retracement) Support Level 2- 1.0520 (23.6% Fibonacci Retracement) Current Market Price- 1.0737 Resistance Level 1- 1.0800 (April 23 high) Resistance Level 2- 1.0848 (61.8%...

NZD /USD breaks 200 day HMA, decline till 0.7420 is possible

Apr 23, 2015 07:16 am UTC| Technicals

RES 4: 0.7740 (Apr 22nd high) RES 3:0.7678 (Cloud bottom) RES 2: 0.7640 (20 day HMA) RES 1: 0.7603 (100 day HMA) PRICE:0.7550 @7:14 GMT SUP 1: 0.7545 (61.8% retracement of 0.7420 and 0.7732) SUP 2: 0.7480...

GBP/USD cloud base support at 1.4995

Apr 23, 2015 06:41 am UTC| Technicals

Daily close under 55 DMA but sustained the move into the cloud Slow stochastic are close to overbought levels but could see a further squeeze Look to fade recovery moves higher, likely to be halted above...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

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U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

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Politics

Global Elections 2026: What Investors and Markets Are Watching

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Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

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Iran Denies Negotiating Team Traveled to Pakistan for U.S. Talks Amid Ceasefire Uncertainty

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U.S.-Iran Ceasefire Under Pressure Ahead of Pakistan Peace Talks

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Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

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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

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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...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...
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