• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
July 26 – According to a report by The New York Times, US President Trump has shelved plans for a significant escalation of military action against Iran. Trump is concerned that an escalation could dangerously deplete the Pentagons already dwindling stockpile of Patriot missile interceptors and other air defense munitions in the Middle East. The report states that government officials indicated that the strain on interceptor stockpiles is one of many factors making a resumption of large-scale military action extremely risky. Furthermore, Trump and his senior advisors are also uneasy about the potential for a escalation of the Middle East conflict, the possible alienation of key Gulf allies vulnerable to Iranian attacks, a global economic shock, and a worsening energy and refugee crisis.On July 26th, Huang Renxun discussed the US-China AI competition in an interview with foreign media on July 25th. He stated that outstanding talent will always find excellent solutions, and China is destined to produce excellent AI technology; therefore, China should continue to learn from and cooperate with them.July 26 – The latest epidemic report released by the Ministry of Health of the Democratic Republic of Congo on July 25 shows that the cumulative number of confirmed cases of Ebola in the country has risen to 3,075, with 1,354 deaths. Data shows that as of July 24, a total of 755 patients were receiving isolation or hospitalization treatment, and the cumulative number of recovered cases was 556. The outbreak has spread to five provinces: Ituri, North Kivu, South Kivu, Haut-Uele, and Chowpo.On July 26, Australian Prime Minister Barnes stated that he would raise the issue of tariffs with US President Trump. This comes after Washington imposed new tariffs on trading partners, including Australia. The Labor government, led by Barnes, has called the tariffs unreasonable and expressed its desire for their removal. When asked if he would discuss the issue with Trump, Barnes replied, "Of course." "We will raise this issue at all levels of the Australia-US relationship, and in fact, we have already done so."July 26 – According to Politico, as the US-Iran conflict continues, Arab countries suffering retaliatory attacks from Tehran are attempting to unite and find a path to peace. However, long-standing contradictions are hindering this process. In recent weeks, senior officials from the UAE and Saudi Arabia have publicly posed for photos together, demonstrating a thaw in relations; Jordan and six members of the Gulf Cooperation Council (GCC) have also held talks at the US State Department and Capitol Hill; and the GCC has issued several joint statements condemning Irans attacks. However, several Arab diplomats, current and former US officials, and people familiar with the regional situation say that while these countries all want to ensure the Strait of Hormuz remains open, their differing priorities in how to achieve this goal are hindering substantial progress. These differences include a series of conflicting interests, such as which countries possess alternative shipping lanes, which countries have the deepest infrastructure ties with Iran, and which countrys economy will suffer the greatest losses in the current crisis. An Iraqi official stated, "They are working together to visit the U.S. Congress and the State Department to coordinate their messaging. But they are not on the same page." The Gulf Cooperation Council (GCC), comprised of Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the UAE, already had numerous internal divisions before the current conflict, and the war with Iran is further amplifying these contradictions. "They have many issues to resolve, and this war has exacerbated the existing divisions in the Gulf region," said David Schenker, former U.S. State Department director for Middle East affairs.

Short-term bullishness on the AUD/JPY requires breaking the 20-day exponential moving average

Alina Haynes

Oct 13, 2022 14:41

 截屏2022-10-13 上午10.03.01.png

 

The AUD/JPY pair experienced fresh demand at the 92.00 round-level support during the Tokyo session. The cross's current momentum is projected to push the asset beyond the immediate barrier of 92.42 as the risk-on profile emerges in the market.

 

The cross has moved into the previous highest auction area on a four-hour timeframe, which is often referred to as the most recently traded range. The balanced profile has a range of 92.16 to 94.74. The fact that the asset is in the highest auction area suggests that it is having difficulty during the inventory adjustment phase and that a pivotal move is about to be made.

 

The cross has solidly positioned itself above the EMA at 92.00 for the 20-period time frame. While the 92.61 50-EMA is still unreachable.

 

The cross is no longer bearish since the Relative Strength Index (RSI) (14) has changed its range from 20.00 to 40.00 to 40.00 to 60.00.

 

The asset will go to the low of 92.93 on October 5 and the high of 94.22 on September 30 if the Wednesday high of 92.42 is broken.

 

On the other hand, a loss below Wednesday's low of 91.29 will send the asset in the direction of the August 2 low of 90.52. Bulls in the yen will continue to push the asset toward the psychological support of 90.00 if it gives up the cushion around 90.52.