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On May 27th, the Guangdong Provincial Strategic Emerging Industries Investment Guidance Fund was launched in Guangzhou, and XPeng Group was honored to be among the first batch of signed projects. Chairman and CEO He Xiaopeng emphasized at the ceremony that strategic emerging industries require "patient capital" capable of navigating economic cycles. XPeng will steadfastly pursue independent research and development, continuously increase investment in scientific research, and make every effort to overcome core technologies in physical AI. With the support of the fund, XPeng aims to enable the low-altitude economy to "take off," autonomous driving to "run," and embodied intelligence to "be used," transforming innovative technologies into real industrial power.SK Hynixs stock price rose by 14%.May 27th - Data released Wednesday by the European Automobile Manufacturers Association (ACEA) shows that European car sales rose for the third consecutive month in April, with consumers continuing to purchase large numbers of electric and hybrid vehicles. New car registrations in April increased by 7% year-on-year, reaching 1.15 million units. Sales in major markets such as Germany and the UK both saw growth, with electric vehicle deliveries surging by 38%. Due to the implementation of new subsidies, electric vehicle sales in Germany, Europes largest car market, jumped 41%. Hybrid vehicle sales increased in Europe in April, while sales of gasoline and diesel vehicles continued to decline, indicating that the European car market is continuing its transition to electrification. After a dismal 2025, Teslas performance in the European market continued to recover, with sales in Europe increasing by 47% year-on-year in April. Volkswagen, Stellantis, Mercedes-Benz, and BMW also recorded higher delivery volumes.On May 27, the Iranian Civil Aviation Organization announced on the 26th that 10 airports nationwide would extend their operating hours and operate 24 hours a day. These include Tehrans Imam Khomeini International Airport and Mehrabad Airport, as well as Sari, Birjand, Gorgan, Boynourd, Kerman, Zahedan, Sabzewar, and Mashhad airports. The previous day, on the 25th, a spokesperson for the Iranian Civil Aviation Organization stated that 20 airports across Iran had resumed operations after the temporary ceasefire agreement between the US and Iran took effect.May 27th - According to Counterpoint Research, global DRAM revenue surged 80% quarter-over-quarter in the first quarter of 2026, reaching a record high, driven by both strong market demand and rising memory prices. The increased adoption of high-bandwidth memory (HBM) and LPDDR5 in AI data center infrastructure were also key factors contributing to this growth. Samsung continued its leading position in the memory business, followed by SK Hynix and Micron in second and third place, respectively. Prices are projected to continue growing by 50% quarter-over-quarter in the second quarter of 2026 (including HBM and standard DRAM), indicating another strong quarter for the market.

AUD/NZD Price Analysis: Bulls Surpass 1.0790 Resistance Confluence Due To Positive Australian Employment Report

Alina Haynes

Apr 13, 2023 14:19

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AUD/NZD supporters are approaching their highest levels since early March as a result of a four-day uptrend following Thursday morning's release of robust Australian employment data. At the time of publication, the currency pair is accepting bids to reestablish the multi-day high near 1.0810.

 

The Australia Bureau of Statistics (ABS) reported for the month of March that Employment Change increased by 53K compared to 20K expected and 64.6K previously, while the Unemployment Rate remained unchanged at 3.6% compared to expectations of 3.6%. In addition, the Participation Rate rose to 66.7%, exceeding the 66.7% predicted by the market.

 

The AUD/NZD pair surpassed the previous critical resistance confluence surrounding 1.0790, which was comprised of the 100-day moving average (DMA) and a one-month-old downward trend line.

 

The bullish MACD signals and stronger, non-overbought RSI (14) line contribute to the strength of the upside bias.

 

The AUD/NZD bulls are currently positioned to test the 50-day moving average of 1.0824. However, the preceding monthly apex of about 1.0895 and the round number 1.0900 may limit future gains.

 

Alternately, retracement remains elusive until the AUD/NZD pair remains above the support-turned-resistance level of 1.0790.

 

Then, a breach of the upward-sloping trend line from March 5 and the 61.8% Fibonacci retracement level of the pair's run-up from December 2022 to February 2023, located near 1.0705, could give the bears room to maneuver in their subsequent analysis.