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According to Sky News Arabic, the explosion occurred at an arms depot belonging to the Syrian Ministry of Defense. The Aleppo Civil Defense confirmed that ambulances had difficulty reaching the blast site.Benmo Technology announced on the Hong Kong Stock Exchange that it plans to issue 50 million H shares (subject to the exercise of the over-allotment option) in Hong Kong, with an issue price of HK$21.60 per share, and is expected to start trading on September 29.According to Syrian media reports, a huge explosion was heard in the "Ays" region south of Aleppo, Syria.Conflict Update: 1. Russia claims massive drone attack in Moscow region, resulting in 2 deaths. 2. Russian officials: Russia shot down over 1,600 Ukrainian drones. 3. Ukrainian President Zelensky: Ukrainian military attacked an oil refinery in the Moscow region of Russia. 4. Russian Ministry of Defense: In response to attacks on civilian infrastructure by Ukrainian armed forces, the Russian military will intensify its strikes against military targets in Kyiv. 5. Russian Ministry of Defense: Ukrainian armed forces attempted to launch a large-scale attack using drones and Flamingo missiles to disrupt the Russian elections. Other Updates: 1. The Central Election Commission of the Russian Federation will announce preliminary election results at 11:00 AM Moscow time on September 21 (4:00 PM Beijing time on September 21). 2. Ukrainian President Zelensky: He has spoken with US President Trump, and the two sides agreed to meet in New York. This meeting "could change a lot of things." 3. Sources: Diesel prices were a focus of the call between US President Trump and Ukrainian President Zelensky. 4. According to Axios: US President Trump will meet with Ukrainian President Zelensky in New York on Tuesday.Conflict Status: 1. Houthis claim Saudi escalation will face stronger retaliation. 2. US media: US military will not launch offensive strikes against Houthi rebels. 3. Iranian military: Any US attack will result in Iranian retaliation. 4. Explosion near Erbil airport in Iraq, where US troops are stationed. 5. Iranian Army Commander claims to have deployed a large number of troops to the border region. 6. Houthi rebels: Saudi Air Force conducted 28 airstrikes in the past 24 hours. The total number of airstrikes since Saudi escalation has reached 760. Strait of Hormuz: 1. Iranian military claims to have shot down an "orbiting drone" over the Strait of Hormuz. 2. Iranian Parliament Speaker: The Strait of Hormuz will remain closed until Irans conditions are met. 3. Joint Maritime Information Center: In the past 72 hours, the US Navy assisted in 97 transits through the Strait of Hormuz. 4. US Central Command stated that as of that day, it had guided 109 merchant ships to change course to ensure compliance with US maritime blockade regulations against Iran. Other developments: 1. US embassies in several Middle Eastern countries issued security alerts. 2. Irans Civil Aviation Organization denied rumors of a complete suspension of flights with Iraq. 3. Pentagon investigators: A series of US errors led to the attack on an Iranian primary school. 4. Turkey stated it may provide assistance to Saudi Arabia under the Mecca Mutual Defense Agreement. 5. Qatars Ministry of Foreign Affairs: Several US government officials stated that the US hopes to reach an agreement and end the conflict. 6. The US mission in Saudi Arabia stated that US government employees traveling to Taif and Yanbu require special permission. 7. Mohsen Rezaei, Secretary of Irans Supreme National Security Council: The US has no choice but to accept Irans conditions. 8. According to Iranian state media: Iranian Foreign Minister Araqchi has left Tehran for New York and will make a brief stop in Qatar. 9. Israeli media: Netanyahus visit to the US is expected to be "unusually short," with him returning to Israel immediately after his speech at the UN General Assembly. 10. Trump responded to returning to the White House early over the weekend and issuing related alerts in several Middle Eastern countries: Its no different from any other weekend. 11. The French Foreign Ministry condemned the Iranian authorities decision to close the French language center in Tehran, and stated that France would first summon the Iranian ambassador. 12. Iranian President Peshichiyan is scheduled to address the UN General Assembly on Wednesday, where he is expected to outline Irans position on international affairs. 13. Trump stated he is open to meeting with the Iranian president at the UN General Assembly; options on the table include allowing Irans economy to continue to deteriorate or reaching an agreement. Trump also indicated he is considering "when and if" to take full-scale military action against Iran.

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

Alina Haynes

Apr 13, 2023 14:19

 AUD:NZD.png

 

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.