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

Become a contributor

Bookmark Econotimes

Technicals

Wed, Nov 06, 2024 07:24 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro- Currency Strength Index (4- Hour chart)- Currency pairs to watch (EURJPY) for the day)

Nov 24, 2023 10:22 am UTC| Technicals

Pair Value Recommendation EURJPY 305.62 Strong Buy EURJPY Major resistance-163.60 Near-term support- 162.70 Trend reversal level- 161.25 Above (-150):Sell Above...

FxWirePro- EURUSD Daily Outlook

Nov 24, 2023 08:56 am UTC| Technicals

Ichimoku analysis (4-hour chart) Tenken-Sen- 1.09041 Kijun-Sen- 1.09087 EURUSD trades flat ahead of the German IFO business climate. It hit a high of 1.09306 yesterday and is currently trading around...

FxWirePro- GBPJPY Daily Outlook

Nov 24, 2023 08:44 am UTC| Technicals

GBPJPY is trading flat despite the strong UK PMI. It hit a high of 187.65 yesterday and is currently trading at around 187.236. GBPUSD- Trend- Neutral The pound sterling jumped more than 50 pips after upbeat UK PMI....

FxWirePro- Gold Daily Outlook

Nov 24, 2023 05:22 am UTC| Technicals

Ichimoku Analysis (4-hour chart) Tenken-Sen- $1994.40 Kijun-Sen- $1986.59 Gold is trading flat as US markets closed yesterday on account of Thanksgiving day. It hit a high of $2006.38 yesterday and is...

FxWirePro: GBP/NZD downside pressure builds, key support level in focus

Nov 24, 2023 00:44 am UTC| Technicals

GBP/NZD slipped lower as better than expected New Zealand retail sales data boosted kiwi dollar dollar. Retail sales in New Zealand remained steady at 0%, surpassing market forecasts of a -0.8%. The pair hit daily...

FxWirePro: EUR/NZD drifts lower , could be on verge of a bigger drop

Nov 23, 2023 22:37 pm UTC| Technicals

EUR/NZD dipped on Thursday as stronger kiwi dollar benefited bears but sharp moves lower was limited due to holiday-thinned. A daily close below 1.7986 (23.6%fib)will further improve the technical outlook, and open the...

FxWirePro: GBP/AUD gains some upside momentum but still bearish

Nov 23, 2023 18:39 pm UTC| Technicals

GBP/AUD edged higher on better than expected UK PMI data but gains were limited as investors remained on the sidelines in holiday-thinned trading. Data showed the SP Global/CIPS UK Composite Purchasing Managers Index...

381 382 383 384 385 386 387 388 389 390

Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 6th2024 9:30 am GBP Construction...

Oil Prices Steady Amid Global Tensions and Economic Signals from China and the U.S.

Oil Prices Hold Steady After Recent Surge Oil prices stabilized in Asian trading on Tuesday, following sharp gains as investors await economic and political signals from the U.S. and China. This shift comes after the...

Australia’s Central Bank Holds Interest Rates Steady Amid Inflation Concerns

Australias Central Bank Maintains 4.35% Interest Rate Amid Persistent Inflation RBA Holds Rates, Monitoring Inflation Risks The Reserve Bank of Australia (RBA) kept its interest rate unchanged at 4.35% in its...

Reserve Bank of Australia Holds Rates Steady Amid Inflation Concerns

RBA Holds Rates Steady, Emphasizes Inflation Concerns The Reserve Bank of Australia (RBA) left its benchmark interest rate unchanged at 4.35% on Tuesday, signaling a sustained restrictive monetary stance due to...

Nikkei 225: Bracing for Impact Amid Trump and Harris Election Fallout

The Nikkei 225 index trades flat ahead of US election. It hit a high of $38576 at the time of writing and is currently trading around 38561. If Donald Trump wins the next U.S. presidential election, it could greatly...

Politics

Dogecoin, POPCAT Lead Analyst’s Election Hedge Picks — What’s Behind the Strategy?

Ahead of the election, financial analyst Ran Neuner outlines a hedge strategy focused on Dogecoin and POPCAT. Neuners approach signals confidence in memecoins resilience and potential as smart picks for navigating...

Bitcoin May Never Break Below $60K Again, Economist Claims; Post-Election Rally in Focus

Economist Alex Krger posits that Bitcoin may never drop below $60,000, with market anticipation building around a post-election rally. Analysts predict that this political momentum could push Bitcoins value higher by 2024,...

Donald Trump Is The Winner? Poll Shows Ex-POTUS Leading in Key States! ‘It’s a Dead Heat!’ Ties in North Carolina and Wisconsin Add Election Day Suspense

As the 2024 general election nears its conclusion, a new poll from HarrisX reveals a tight race across key battleground states, with Donald Trump showing a narrow lead in several historically competitive regions. According...

GOP Swiftly Resupplies Luzerne County Precincts! ‘Putting Out Small Fires Before They Spiral!’ Election Integrity Team Mobilizes to Prevent Disruptions

In a coordinated effort to ensure election integrity, the Republican Partys election operations team sprang into action earlier today in Luzerne County, Pennsylvania, upon learning that several precincts were running low...

Stephen Curry Endorses Kamala Harris for President! ‘America Needs Her Leadership Now!’ NBA Star’s Support Sparks Heated Reactions Online

NBA star Stephen Curry has officially endorsed Vice President Kamala Harris in her bid for the presidency, lending his high-profile support to the 2024 race. Curry, a four-time NBA champion and beloved figure both on and...

Science

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...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

Nvidia Reclaims Crown from Apple, Fueled by Unstoppable AI Chip Demand and Soaring Valuation

In a major market shakeup, Nvidia reclaimed its status as the worlds top company on Tuesday, surpassing Apple with a market cap of $3.44 trillion. The surge comes as demand for Nvidias AI chips pushes its value to...

Tesla Abandons $25K Car Plans, Targets Autonomous Cybercab by 2026

Tesla CEO Elon Musk confirmed the company has scrapped its plan for a $25,000 electric vehicle for human drivers, stating the project is pointless without full autonomy. Tesla now aims to produce the fully autonomous...

$814M in XRP Transfers Spark Whale Accumulation Rumors as Market Awaits SEC Update

In a series of three large transactions, whales transferred over 1.6 billion XRPvalued at $814 millionto unknown wallets. These moves, signaling potential accumulation by high-net-worth investors, coincide with growing...

Shiba Inu Eyes Golden Cross Surge as Bulls Power Up 40% Trading Volume Spike

Shiba Inu (SHIB) is charging ahead with a 40% rise in trading volume, signaling revived bullish momentum as it nears a golden cross formation. This potential technical breakout could spark further gains, with SHIBs price...

BYD’s Record-Breaking Sales Fuel Massive Hiring Surge Amid Rapid EV Production Expansion

Chinese EV giant BYD has ramped up hiring efforts, adding nearly 200,000 employees to meet record-breaking demand following its Q3 sales surge. With 1.1 million new energy vehicles sold, BYDs quarterly revenue exceeded...