Menu

Search

FxWirePro: AUD/JPY hovers around 20-DMA, bias lower, stay short

Sep 29, 2017 06:50 am UTC| Technicals

AUD/JPY is finding some extra demand amid a relatively positive market sentiment. The pairs rebound seems to be capped at 5-DMA at 88.44, bias bearish. Price action hovers around 20-DMA support at 88.25, weakness...

FxWirePro: Flurry of bearish streaks in Gold prices signal more slumps, consolidation phase in major trend seems exhausted before 38.2% Fibos

Sep 29, 2017 06:23 am UTC| Technicals Insights & Views

Shooting star has occurred at 1346.08 levels, historically, weve observed the stiff resistance at the same level (refer daily chart and magnify to see the strong supply zone). In July and September 2016, you could observe...

FxWirePro: Gold trades below 50- day MA on strong U.S dollar, good to sell on rallies

Sep 29, 2017 06:20 am UTC| Technicals

Gold prices declined sharply after making a temporary top at $1357.80 on Sep 2017. The yellow metal has made a low of $1277 and shown a minor jump from that level. Gold is trading weak on rising expectations of year end...

FxWirePro: AUD/CHF Trade Idea

Sep 29, 2017 05:52 am UTC| Technicals

FxWirePros Hourly AUD Spot Index: -168.953 FxWirePros Hourly CHF Spot Index: 60.6805 Strength Index Trend: Bearish Technical Studies: Bias Bearish - RSI below 50, biased lower - Stochs Sharply lower, but at...

FxWirePro: AUD/USD bounces off daily cloud with 'Morning Star' formation, further downside only on break below 0.78

Sep 29, 2017 05:22 am UTC| Technicals

AUD/USD halted downside at 0.78 handle, has bounced off strong cloud base support. The pair edged higher from 10-week lows at 0.7799 to close at 0.7852 levels in Thursdays trade. We see a Morning Star formation...

FxWirePro: NZD/USD holds minor trendline support at 0.7170, break below to see further weakness

Sep 29, 2017 04:21 am UTC| Technicals

NZD/USD has held minor trendline support at 0.7170 and edged higher to close above 0.72 handle on Thursday. Momentum indicators are still bearish, we see scope for further downside. 20-DMA at 0.7254 is stiff...

FxWirePro:Nikkei trades narrow range,good to sell on rallies

Sep 29, 2017 03:18 am UTC| Technicals

Nikkei is consolidating in narrow range between 201497 and 20234 for the past five trading session. The index is facing strong support at 20200 and any break below confirms minor bearishness . Nikkei has formed a temporary...

  5491 5492 5493 5494 5495 5496 5497 5498 5499 5500   

Economy

U.S.-Iran Tensions Escalate as Strait of Hormuz Crisis Disrupts Global Oil Markets

Geopolitical tensions between the United States and Iran continue to intensify, significantly impacting global energy markets and international diplomacy. U.S. naval forces recently intercepted a sanctioned vessel, the M/V...

Canadian Dollar Outlook: Resilient Performance Driven by Oil Prices and Market Dynamics

The Canadian dollar (CAD) has demonstrated notable resilience among G10 currencies in recent weeks, even as domestic economic data shows signs of softness. According to Goldman Sachs, this strength comes despite...

U.S.-Iran Conflict Stalls as Diplomatic Efforts Collapse and Global Oil Tensions Rise

Hopes for a diplomatic breakthrough in the ongoing U.S.-Israel conflict with Iran have faded as negotiations remain stalled, prolonging uncertainty in global markets and geopolitics. Efforts to end the two-month conflict...

U.S. Sanctions Target Chinese Refinery Over Iranian Oil Purchases

The U.S. Treasury Department has imposed new sanctions on Hengli Petrochemical (Dalian) Refinery Co., a major Chinese independent refinery, over its large-scale purchases of Iranian crude oil and petroleum products. The...

US Dollar Weakens as Iran Talks Boost Risk Appetite in Forex Market

The U.S. dollar edged lower on Friday as global investors shifted toward riskier assets, encouraged by renewed diplomatic signals between the United States and Iran. This movement in the forex market reflects growing...

Politics

Starmer Faces Political Pressure as Mandelson Appointment Controversy Impacts UK Markets

UK Prime Minister Keir Starmer has taken a firm stance amid growing backlash over his controversial decision to appoint Peter Mandelson as U.S. ambassador. Despite increasing political pressure and calls for resignation,...

White House Correspondents’ Dinner Shooting Raises New Security Concerns for U.S. Leaders

A shooting incident during the White House Correspondents Association dinner on Saturday night has reignited concerns about the safety and security of Americas top political figures amid rising political violence. The...

Taiwan Minister Visits Eswatini Amid Airspace Dispute and China Pressure Claims

Taiwans Foreign Minister Lin Chia-lung has arrived in Eswatini, reaffirming Taipeis determination to expand its global presence despite alleged interference from China. His visit comes shortly after Taiwan accused Beijing...

Russian Drone and Missile Strikes Devastate Dnipro, Killing 10 and Injuring Dozens

Russian forces launched a series of intense drone and missile attacks on the southeastern Ukrainian city of Dnipro, killing at least 10 people and injuring dozens in one of the most prolonged assaults in recent months. The...

Ukraine Marks 40 Years Since Chornobyl Disaster Amid Ongoing War Risks

Ukraine is commemorating the 40th anniversary of the Chornobyl nuclear disaster under the shadow of continued conflict with Russia, raising fresh concerns about nuclear safety in the region. The 1986 explosion at reactor...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations

A U.S. federal judge has dismissed key fraud claims brought by Elon Musk in his high-profile lawsuit against OpenAI and its co-founder Sam Altman, marking a significant development in the ongoing legal battle. The ruling,...

$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion

Related Digital, a major data center developer, announced on Friday that it has secured $16 billion in financing to support the construction of a large-scale data center campus in Michigan. This significant investment...

U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation

The U.S. State Department has launched a global diplomatic effort to highlight what it describes as large-scale intellectual property theft by Chinese artificial intelligence companies. According to a diplomatic cable...

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

DeepSeek has unveiled preview versions of its latest open-source artificial intelligence models, marking a significant step forward in AI performance and reasoning capabilities. The new releases, DeepSeek-V4-Pro and...

Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.