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NASA: The team currently plans to unload the Artemis 2 rocket no earlier than Friday, March 20.On March 17, Trump stated in a speech at the White House on Monday that he believed he would be "honored to take over Cuba," adding that he "could do whatever he wanted with this country." This came after the US forced Venezuela to halt crucial support to Cuba, leading to a gradual depletion of Cubas fuel supplies. He said, "I think Cubas end is near. Ive spent my whole life hearing people talk about the United States and Cuba. When will the United States act? Im sure I will have the honor—the honor of taking over Cuba." When asked to explain what "takeover" meant, Trump indicated that the US might intervene in "some form." He said, "Whether its liberating it, taking over it, frankly, I think I could do whatever I wanted with it. Theyre a very weak country right now." These remarks represent a further escalation in Trumps tone. Just last Friday, he also stated that a "friendly takeover" of Cuba might be feasible.On March 17th, NVIDIA (NVDA.O) announced a simplified version of OpenClaw, the open-source AI agent affectionately known as "Lobster," to help users "raise lobsters." At the GTC event on Monday, NVIDIA CEO Jensen Huang announced NemoClaw for the OpenClaw agent platform. Users can install a deployment toolchain deeply optimized for OpenClaw with a single command. NemoClaw uses the NVIDIA Agent Toolkit software, optimizing OpenClaw with a single command. It installs OpenShell, providing an open model and an isolated sandbox, adding data privacy and security for autonomous agents.Samsung Electronics showcased NVIDIAs next-generation AI inference processor, manufactured using Samsungs 4nm process, at the NVIDIA GTC conference.US-Israel-Iran Conflict: ① Iran 1. Iran urges neighboring countries hosting US troops to clarify their positions. 2. Irans Islamic Revolutionary Guard Corps claims to have attacked US military bases in Abu Dhabi. 3. Media reports indicate that the Iranian Foreign Minister recently communicated with Witkov via text message; the Iranian Foreign Minister denies this. 4. According to Irans Tasnim News Agency: Saudi Arabias Prince Sultan Air Base has once again become a target of attack. 5. Irans Supreme National Security Council Secretary Larijani calls on Islamic countries to consider taking sides. 6. Hatem Anbia Central Command Spokesperson: US soldiers deliberately set fire to the USS Gerald R. Ford out of fear. 7. Iranian Foreign Ministry Spokesperson: With the coordination and permission of the Iranian military, ships from parties not involved in the war have passed through the Strait of Hormuz. 8. Iranian Foreign Minister Araghchi: Iran and the US have not exchanged any information. Tehran has not requested a ceasefire; "the war must end in a way that ensures it will not be repeated." 9. Sources say Iran has demanded India release three oil tankers seized in February as part of negotiations on the safe passage of Indian ships through the Strait of Hormuz. 10. Irans Supreme Leader Mojtaba appointed former Revolutionary Guard commander Mohsen Rezaei as a military advisor. 11. Iranian Foreign Minister Araqchi: Airstrikes launched by Israel and the United States have killed hundreds of Iranian civilians. Reports indicate that some neighboring countries hosting US troops and allowing them to attack Iran are also actively encouraging this massacre. The positions of all parties should be clarified as soon as possible. ②US 1. The US Embassys Diplomatic Support Center in Iraq was attacked. 2. The US claims its actions against Iraq resulted in 13 US soldiers killed and 200 wounded. 3. The US confirmed that two minesweepers stationed in the Gulf have arrived in Malaysia. 4. US officials responded to the Iranian Foreign Ministers denial of recent contact with the US: He is lying. 5. Trump advisor: Irans "terror premium" has caused oil prices to rise for decades. 6. US Treasury Secretary Bessenter: The Gulf oil deficit is approximately 10 to 14 million barrels per day. There are currently about 140 million barrels of Iranian crude oil at sea. The US "approves" of some ships passing through the Strait of Hormuz. Oil prices may be "well below" $80 within months. 7. Trump—①Oil prices will plummet like a falling rock once the Iran war ends. ②Trump admits Iranian retaliation is beyond expectations. ③Israel will not use nuclear weapons. ④Indicates an attack on Kharg Island oil facilities. ⑤Iran wants a deal; they are talking to our people. ⑥It is unclear whether any mines have been laid in the Strait of Hormuz. ⑦Warns NATO: Failure to assist in navigation through the strait will face a "bad" future. ⑧Gives another vague timeline for ending the war: soon, but not this week. ⑨Iran used AI to create images of a US aircraft carrier on fire. Fake news media should be prosecuted for treason. ③Israel 1. The Israeli military claims to have attacked an Iranian intelligence command center. 2. Central Israel was hit by Iranian missiles, with interceptor debris falling near the Prime Ministers office. 3. Israel Defense Forces: Launched a series of large-scale attacks on Iranian infrastructure in Tehran. Only a small area on Hargarh Island remains intact. Destroyed facilities used by the Iranian regime to develop space-based satellite attack capabilities. ④ Other 1. EU Foreign Minister: The Middle East conflict "is not Europes war." 2. South Africa rejects US pressure: Will not distance itself from Iran due to pressure. 3. German Chancellor Merz: Will not participate in security work in the Strait of Hormuz. 4. British Prime Minister Starmer: We will not be drawn into a broader war with Iran. 5. Australia stated on Monday that it will not send naval vessels to assist in reopening the Strait of Hormuz. 6. Media: Saudi Crown Prince advises Trump to continue striking Iran. 7. Ship tracking data: An oil tanker departed the Strait of Hormuz, heading to Pakistan. 8. Indian Ministry of External Affairs spokesperson: India and the US did not hold bilateral talks on Indias assistance in the passage of ships through the Strait of Hormuz. 9. Indian government officials: India is in consultation with Iran regarding the safe passage of ships stranded in the Strait of Hormuz.

AUD/USD Price Analysis: Price breaks six-week-old resistance below 0.6700 as bulls lose momentum

Daniel Rogers

Mar 15, 2023 11:50

AUD/USD accepts bids up to 0.6680 on Thursday morning as the currency pair falls toward retesting its intraday low of 0.6671. In doing so, the Aussie pair posts its first daily loss in three days as bulls flirt with a resistance line with a downward trajectory from early February.

 

In addition to the six-week-old descending resistance line, AUD/USD buyers are challenged by a lethargic RSI (14) and ambiguous MACD signals unless the price remains below the 0.6700 trend line resistance.

 

Even if the Aussie pair transcends the 0.6700 round number, a convergence of the 100-DMA and the 200-DMA around 0.6770-75 appears challenging for the bulls to surmount.

 

If the AUD/USD exchange rate remains above 0.6775, the December 2022 high near 0.6895 and the 0.6900 round number may serve as the bulls' final line of defense.

 

In contrast, a pullback has yet to materialize beyond the 50% Fibonacci retracement level of the risk-barometer pair's upside from October 2022 to February 2023, which was near 0.6655 at the time of publication.

 

Afterwards, the most recent swing low and the 61.8% Fibonacci retracement level, also known as the golden Fibonacci ratio, around 0.6565 and 0.6550, respectively, could challenge the AUD/USD bears prior to granting them control.

 

As China data approaches, the AUD/USD pair is likely to experience a retracement, but downside potential appears limited.