Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technicals

Wed, Nov 20, 2024 08:27 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:EUR/AUD seems poised to drop under major fibo support

Dec 24, 2021 01:22 am UTC| Technicals

EUR/AUD declined on Thursday as easing fears of fallout from the Omicron coronavirus variant supported higher risk currencies such as the Australian dollar . The pair is currently approaching support at 1.5617,break...

FxWirePro-Major pair levels and bias summary

Dec 23, 2021 15:12 pm UTC| Technicals

Major pair levels and bias...

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch(GBPJPY and CHFJPY )

Dec 23, 2021 15:10 pm UTC| Technicals

Pair Value Recommendation GBPJPY 374.23 Strong Buy CHFJPY 339.213 Strong Buy GBPJPY Major resistance-153.65 Near-term support- 153 Trend reversal...

FxWirePro- The Bull and bear scenario for the top cryptocurrency (Bitcoin and ETH)

Dec 23, 2021 10:33 am UTC| Technicals

Bitcoin (BTCUSD)- BTCUSD declined once again after hitting a high of $49600.The pair is struggling to close above $50000 levels. It hits an intraday low of $48054 and is currently trading around $49071. Bear...

FxWirePro- USDCHF Daily Outlook

Dec 23, 2021 09:24 am UTC| Technicals

Intraday trend Neutral Significant intraday resistance 0.9300 The pair is trading flat between 0.91563 and 0.92944 for the past three weeks. The board-based weakness in US dollar on upbeat market sentiment...

FxWirePro- EURUSD Intraday trade idea

Dec 23, 2021 08:28 am UTC| Technicals

Intraday trend Neutral Major intraday Support 1.1290 The pair regained above 1.1300 on board-based US dollar weakness. The upbeat market mood and global market recovery are putting pressure on the US dollar. US...

FxWirePro- GBPJPY Daily Outlook

Dec 23, 2021 05:06 am UTC| Technicals

Short-term resistance -152.60 Intraday Support- 151.50 GBPJPY continues to trade higher for third consecutive days on the strong pound sterling. The pound sterling has shown a nice pullback above 1.3300 despite...

1291 1292 1293 1294 1295 1296 1297 1298 1299 1300

Economy

FxWirePro- Major economic events for the day

Date Time Currency Event Actual Forecast Previous Wed Nov...

Anticipation of Inflation Trends: What Today’s CPI Data Means for the Market

The U.S. Consumer Price Index (CPI) data is set to be released today, and its an important indicator for understanding inflation trends and potential changes in the Federal Reserves monetary policy. Analysts expect the...

How will Donald Trump’s presidency affect the stock market in 2025?

As President Donald Trump embarks on his second term in 2025, his administrations economic policies are significantly influencing the stock market, eliciting both optimism and caution among investors. Market Performance...

Housing Market Faces Harsh Reality: Mortgage Rates Hammer Single-Family Homebuilding While Multi-Family Starts Climb

U.S. single-family homebuilding plunged in October, underscoring the prolonged struggles of the housing market as high mortgage rates, hurricanes, and a supply crunch weigh heavily on the sector. According to the Commerce...

Federal Workers Fear Mass Firings as Trump, Musk, and Ramaswamy Promise Government Overhaul: 'Billions Could Be Cut!'

More than 2 million federal employees across the United States are bracing for potential upheaval as President-elect Donald Trumps administration signals a sweeping overhaul of government operations. Led by tech mogul Elon...

Politics

What is Donald Trump's position on AI and technology in 2025?

As President Donald Trump embarks on his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives encompass...

Donald Trump's stance on climate change in 2025

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant shifts in climate policy, eliciting widespread concern from environmentalists and international...

Donald Trump’s 2025 military spending: A closer look

As President Donald Trump prepares to commence his second term in January 2025, his administration is signaling a significant shift in defense spending priorities. Proposed budget reductions have ignited a heated debate...

How Donald Trump is reshaping NATO policies in 2025?

As President Donald Trump embarks on his second term in 2025, his administration is implementing significant changes to the United States involvement in the North Atlantic Treaty Organization (NATO). These policy shifts...

Donald Trump’s plans for the tech industry in 2025

As President Donald Trump prepares to commence his second term in January 2025, his administration is poised to implement a series of policies that could significantly reshape the technology industry. These initiatives...

Science

Blue Origin Prepares to Test New Glenn Rocket, Set to Rival SpaceX's Falcon Rockets

Blue Origin is making significant strides toward testing its New Glenn rocket, designed to compete with SpaceXs Falcon lineup. With seven BE-4 engines producing 3.8 million pounds of thrust, the New Glenn is set to test...

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Technology

$250B Bitcoin Reserve? Pompliano’s Vision to Make US the King of Crypto

Anthony Pompliano has called on the U.S. to allocate $250 billion for a Bitcoin Strategic Reserve, arguing it could stabilize the dollar and establish America as the worlds largest Bitcoin holder, a crucial step as global...

Trump Names Crypto Champion Howard Lutnick as Commerce Secretary, Signaling Digital Shift

In a move signaling support for the cryptocurrency industry, President-elect Donald Trump has chosen Howard Lutnick, a vocal crypto advocate and CEO of Cantor Fitzgerald, as Secretary of Commerce. Lutnicks appointment...

Ram’s First Electric Pickup Delayed Again: 1500 REV Aims to Redefine EV Trucks in 2025

The highly anticipated Ram 1500 REV, a flagship in electric pickups, wont roll out until 2025. Stellantis has delayed the truck to prioritize quality, citing an ambitious workload as the company develops its...

Huawei’s AI Chip Struggles: 7nm Tech Falls Generations Behind NVIDIA Due to US Sanctions, TSMC Blockade

Huaweis AI chip development faces a significant roadblock as US sanctions limit access to TSMCs advanced chip technologies. Struggling to move beyond 7nm tech, Huawei trails NVIDIA, widening the gap in AI hardware...

Trump to Slash Biden's EV Push: Fuel-Efficiency Standards and Tax Credits on the Chopping Block

In a bold policy shift, President-elect Donald Trumps administration plans to dismantle Biden-era regulations promoting electric vehicles (EVs) and stringent fuel-efficiency standards, sources revealthreatening to stall...