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Sat, Dec 20, 2025 02:31 AM All times are UTC

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CHF/JPY: Double bottom and trend line break out

Jan 30, 2018 10:44 am UTC| Technicals

Major intraday support- 115.75 Chart pattern Double bottom The pair has shown a minor recovery after forming a bottom at 115.75. It broke trend line resistance at 116.28 and jumped till 116.39. It is currently...

Crude oil faces strong trend line support at $64.65, break below targets $63

Jan 30, 2018 09:41 am UTC| Technicals

Major support -$64.65. US oil formed a temporary top almost a double top around $66.63 and started to decline from that level. The main reason for decline in oil price was slight recovery in US dollar. The commodity...

FxWirePro: AUD/JPY capped at 20-DMA, on track to test 100-DMA at 87.34, stay short

Jan 30, 2018 09:30 am UTC| Technicals

AUD/JPY recovery falters at 20-DMA, pair slips lower, retraces break above 5-DMA. Technical studies are turning bearish. RSI is biased lower and Stochs have rolled over from overbought levels. We see -ve DMI...

FxWirePro: Copper holds 50-DMA support, short break below, target 3.120

Jan 30, 2018 08:52 am UTC| Technicals

Copper holds 50-DMA support at 3.157, weakness likely to accentuate on break below. Technical indicators support weakness. RSI and Stochs are biased lower. We see -ve DMI crossover on +ve DMI which adds to...

FxWirePro: Silver falls sharply against U.S. dollar, consistent close below $17.02 targets $16.72 mark

Jan 30, 2018 08:37 am UTC| Technicals

XAG/USD is currently trading around $17.07 marks. It made intraday high at $17.19 and low at $17.05 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.48 mark. A daily close...

FxWirePro: South African rand trades marginally lower against U.S. dollar, faces strong resistance at 12.15 mark

Jan 30, 2018 08:16 am UTC| Technicals

USD/ZAR is currently trading around 11.98 levels. It made intraday high at 12.03 and low at 11.91 levels. Intraday bias remains bullish for the movement. A daily close above 11.93 will take the parity...

FxWirePro: GBP/JPY trades well below 20- day MA, dip till 150.20 likely

Jan 30, 2018 06:57 am UTC| Technicals

GBP/JPY has broken major support at 153 and declined almost 50 pips from that level. The pair dipped till 152.43. It is currently trading around 152.52. Intraday trend is bearish as long as resistance 153.20 (20- day...

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Economy

Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

White House economic advisor Kevin Hassett said President Donald Trump is correct in claiming inflation is low, despite official data, public sentiment, and many economists suggesting otherwise. Speaking on Fox Business,...

U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

U.S. stocks closed higher on Friday, recovering from a volatile start to the week as gains in technology and AI-related shares outweighed sharp declines in consumer stocks such as Nike. Major indexes finished in positive...

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

Politics

Trump Signals Push for Lower Health Insurance Prices as ACA Premium Concerns Grow

U.S. President Donald Trump said on Friday that he plans to meet with major health insurance companies in the coming weeks in an effort to push for significantly lower healthcare costs, as millions of Americans face the...

Epstein Files Released by DOJ Spotlight Bill Clinton, Raise Questions Over Trump Mentions

The U.S. Justice Department has released hundreds of thousands of pages of documents related to the late financier and convicted sex offender Jeffrey Epstein, a move that has reignited political controversy and public...

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

China and the United States are intensifying separate diplomatic efforts to revive a ceasefire between Thailand and Cambodia, as Southeast Asian leaders prepare for a crucial ASEAN meeting aimed at addressing the worst...

Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

Syrian, Kurdish and U.S. officials are intensifying diplomatic efforts ahead of a year-end deadline to demonstrate progress on a long-stalled agreement to integrate Kurdish-led forces into the Syrian state, according to...

Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

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

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...