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

Become a contributor

Bookmark Econotimes

Technicals

Thu, Dec 25, 2025 03:25 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro: EUR/USD holds 1.1700 level after ECB holds rates as expected, markets eye ECB press conference

Jul 26, 2018 12:07 pm UTC| Technicals

EUR/USD was trading higher yesterday after Unites President Donald Trump and European Union trade deal. US and Europe have reached a deal yesterday to work towards zero tariff, barriers and subsidies on non-auto industrial...

Digital Currency Revolution

FxWirePro: ETH/USD upside capped by trend line resistance at 480, good to go long on close above 55-EMA

Jul 26, 2018 11:27 am UTC| Digital Currency Technicals

ETH/USD is hovering around 50-DMA at 480 levels at the time of writing (Coinbase). On the upside, a break above 480 (convergence of 50-DMA and trend line joining 828.97 and 515.88) would see the pair testing the 495...

FxWirePro: Buy GBP/USD on dips

Jul 26, 2018 10:18 am UTC| Technicals

Major Support - 1.3125 (200- H MA) The pair is trading high for fifth consecutive days and has jumped more than 250 pips from the low of 1.29575 made on Jul 19th2018. It hits high of 1.32132 and is currently trading...

FxWirePro: NZD/USD breaks major trendline resistance at 0.6810, good to go long on dips

Jul 26, 2018 09:48 am UTC| Technicals

NZD/USD has shown a breakout at major trendline resistance at 0.6810, bias higher. The pair has hit 2-week highs at 0.6850 before paring some gains to currently trade at 0.6821. Upside finds immediate resistance...

FxWirePro: Go long on XAG/USD around $15.52 with stop loss at $15.40 and target of $15.85

Jul 26, 2018 09:17 am UTC| Technicals

XAG/USD is currently trading around $15.52 marks. It made intraday high at $15.64 and low at $15.48 levels. Intraday bias remains slightly bullish till the time pair holds key support at $15.48 marks. A...

FxWirePro: CAD/CHF finds stiff resistance at 200-DMA (0.7615), good to go long on break above

Jul 26, 2018 07:24 am UTC| Technicals

CAD/CHF is likely on verge of a bullish breakout. Technical indicators for the pair are turning bullish. Price action has edged above major EMAs after bullish divergence on Stochs. Stochs have rolled over...

Digital Currency Revolution

FxwirePro: BTC/USD faces trend line resistance at 8450, break above likely to test 200-DMA

Jul 26, 2018 07:21 am UTC| Digital Currency Technicals

BTC/USD is trading in a close range on Thursday after it closed in the red at 8049 levels on July 25. It is currently trading at 8286 levels at the time of writing (Bitstamp). On the upside, the pair faces immediate...

4501 4502 4503 4504 4505 4506 4507 4508 4509 4510

Economy

UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs

Gold, silver, and platinum have surged to fresh record highs heading into the year-end holiday period, drawing strong attention across global commodity markets. However, UBS is urging investors to exercise caution, warning...

Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment

Japans government has revised upward its economic growth forecast for the fiscal year ending next March and projected faster expansion in the following year, citing the positive impact of a large-scale stimulus package...

U.S. Stocks Rally to Record Highs as AI Rebound Fuels Holiday-Shortened Session

U.S. stocks closed higher on Wednesday, with the Dow Jones Industrial Average and the SP 500 finishing at record closing highs during a broad-based rally in a holiday-shortened trading session. All three major indexes...

Asian Stock Markets Trade Flat as Holiday Liquidity Thins and BOJ Minutes Watched

Asian stock markets traded mostly flat on Wednesday as subdued year-end trading volumes and holiday-thinned liquidity limited investor activity across the region. With Christmas and New Year holidays approaching, many...

US and Japan Fast-Track $550 Billion Strategic Investment Initiative

The United States and Japan have agreed to accelerate coordination on their Strategic Investment Initiative, a major bilateral framework backed by a $550 billion fund established under the two countries tariff agreement....

Politics

Palau Agrees to Accept Up to 75 U.S.-Transferred Migrants in Deal Tied to Increased American Aid

Palau has agreed to accept up to 75 migrants transferred from the United States after signing a memorandum of understanding (MOU) with Washington, a move that has drawn international attention amid ongoing debate over U.S....

U.S. Shifts Strategy Toward Economic Pressure With Venezuelan Oil Quarantine

The White House has directed U.S. military forces to focus almost exclusively on enforcing a quarantine of Venezuelan oil for at least the next two months, signaling that Washington is prioritizing economic pressure over...

Democratic Governors Urge Trump Administration to Lift Halt on East Coast Offshore Wind Projects

Four Democratic governors have formally urged the Trump administration to reverse its recent suspension of five offshore wind projects along the U.S. East Coast, arguing that the move is politically motivated and...

Kim Jong Un Oversees Missile Test Amid Rising Korean Peninsula Tensions

North Korean leader Kim Jong Un has overseen the test-firing of long-range surface-to-air missiles near the countrys east coast, according to a report by state media outlet KCNA. The missile test, conducted on Wednesday...

U.S. Urges Acceptance of Honduras Election Results as Nasry Asfura Declared President-Elect

The administration of U.S. President Donald Trump has called on all political actors in Honduras to accept the official outcome of the countrys recent presidential election, following the declaration of victory for Nasry...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...