• English
  • 简体中文
  • 繁體中文
  • Tiếng Việt
  • ไทย
  • Indonesia
Subscribe
Real-time News
On August 30th, NASAs $4.3 billion telescope is scheduled to launch on Sunday, embarking on a 5- to 10-year mission to observe some of the universes most peculiar phenomena. NASAs Nancy Grace Roman Space Telescope will launch aboard a SpaceX Falcon Heavy rocket at 7:26 a.m. local time from Cape Canaveral, Florida. The launch will place the spacecraft into orbit at its final destination, aiming to operate approximately 1 million miles from Earth, and begin observing the skies as early as December. The Roman Space Telescope is specifically designed to explore some of the universes most perplexing and mysterious forces. It will attempt to record how dark matter and dark energy influence distant stars and galaxies and help scientists answer some fundamental questions about how the universe is expanding.On August 30, the 2026 National Social Science Fund Annual Project Review Meeting was held in Beijing. Li Shulei, member of the Political Bureau of the CPC Central Committee and Minister of the Publicity Department of the CPC Central Committee, attended and delivered a speech. The meeting emphasized that Chinese-style modernization provides a rich practical foundation and broad space for innovation for the high-quality development of philosophy and social sciences. It stressed focusing on primary tasks, fully utilizing resources and methods from various disciplines, and continuously deepening the systematic research and interpretation of the Partys innovative theoretical system. It also emphasized accelerating the construction of an independent knowledge system for Chinese philosophy and social sciences, actively researching and solving major theoretical and practical problems of Chinese-style modernization, promoting the creative transformation and innovative development of excellent traditional Chinese culture, and facilitating cultural exchange and mutual learning. Furthermore, it stressed the need to focus on building a research management system and organizational form conducive to solving real problems, deepening the systemic reform of the National Social Science Fund, advocating excellent academic style and writing style, improving the academic evaluation system, stimulating research vitality, and promoting the digital and intelligent empowerment of philosophy and social science research.The Ukrainian military stated that Ukraine has struck an oil refinery in the Leningrad region of Russia and a military airbase in the Krasnodar region.August 30 - According to a report by the Icelandic National Broadcasting Corporation on the 30th, preliminary vote counts from the Icelandic referendum held on the 29th showed that a majority of voters opposed restarting negotiations for Icelands accession to the European Union.Malaysian Prime Minister Anwar Ibrahim: The new fuel quota system will be implemented on September 1.

USD/CAD Becomes more robust in anticipation of a breach over 1.3850

Alina Haynes

Oct 12, 2022 14:42

截屏2022-10-12 上午9.46.20.png 

 

The USD/CAD pair is bouncing around 1.3800 in response to the US dollar index's sideways performance after making a better recovery from 112.50. (DXY). The attractiveness of safe haven assets is anticipated to increase as a result of the pessimistic risk sentiment and declining S&P500 futures. Also aiming for 4% are 10-year US Treasury yields.

 

The major is auctioning in a four-hour scale inventory adjustment exercise, indicating a marginally longer consolidation phase. It is crucial to note that the adjustment process entails institutional investors collecting or distributing markups. Prior momentum has remained quite bullish, thus the odds favor a premium accumulation.

 

The bullish filters are strengthened by the rising 20-period and 50-period Exponential Moving Averages (EMAs) at 1.3758 and 1.3705, respectively.

 

Additionally, the Relative Strength Index (RSI) (14), which will start an uptrend, is striving to enter the bullish range of 60.00–80.00.

 

Dollar bulls will position the asset to hit a new two-year high of 1.4000 should it overcome Tuesday's high of 1.3855. In May 2020, the major will hit a high of 1.4173 if the latter is breached.

 

On the other hand, the asset will move toward the psychological support at 1.3500 and then the peak from September 19 at 1.3344 if there is a strong break below the round-level support at 1.3600.