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Wed, Dec 17, 2025 04:56 AM All times are UTC

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FxWirePro: GBP/USD recovers slightly after upbeat UK service PMI, good to sell on rallies

Oct 04, 2017 12:15 pm UTC| Technicals

Cable has recovered slightly from 3 week low after better than expected UK services PMI data. The pair has jumped till 1.32878 from the low of 1.3223. The huge sell off in GBP was mainly due to weak manufacturing and...

FxWirePro: CHF/JPY forms Bearish pattern, good to sell on rallies

Oct 04, 2017 11:03 am UTC| Technicals

Harmonic Pattern formed = Bearish AB =CD pattern CHFJPY is continuing its losing streak after showing a minor top around 116.04 on yesterday. The pair is showing slight weakness for the intraday and minor jump can be...

FxWirePro: NZD/CAD Trade Idea

Oct 04, 2017 10:40 am UTC| Technicals

FxWirePros Hourly NZD Spot Index: -146.455 (Bearish) FxWirePros Hourly CAD Spot Index: 112.169 (Bullish) Trend for NZD/CAD - Bearish Technical Studies: Bias Bearish - Stocks and RSI biased lower, RSI below...

FxWirePro: EUR/AUD minor trend struggles for momentum after gravestone, major trend restrains below channel resistance – Snap rallies and construct tunnel spreads

Oct 04, 2017 10:36 am UTC| Technicals Insights & Views

The rejection at the stiff resistance of 1.5090 levels evidences slumps, historically, you could make out the prices have tumbled as it failed to break out above this level. Even if you see any abrupt rallies that seem...

FxWirePro: EUR/JPY retreat from 61.8% Fibos finds strong support at 20-DMA (132.29), good to go short on break below

Oct 04, 2017 10:14 am UTC| Technicals

EUR/JPY is extending declines for 2nd consecutive week after upside was capped at 61.8% Fibo. The pair now finds strong support in 132.23/30 level (nearly converged 20-DMA and weekly 5-SMA). We see further...

FxWirePro: USD/CHF downside capped by 10- day MA, good to buy on dips

Oct 04, 2017 09:56 am UTC| Technicals

USD/CHF has shown a small profit booking yesterday after hitting two months high at 0.97862. The pair has declined till 0.97060 and shown a minor jump. The upside in USD/CHF was mainly due strong US dollar index on...

FxWirePro: 50-DMA caps upside in AUD/CHF, break above could see further gains

Oct 04, 2017 09:32 am UTC| Technicals

AUD/CHF extends gains above 5-DMA, up 0.21% on the day. Upside remains capped below 50-DMA at 0.7653, breakout above could see further bullishness. 0.7615 (nearly converged 5-DMA and cloud top) is strong support...

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Economy

Oil Prices Rebound as Trump Orders Blockade of Sanctioned Venezuelan Tankers

Oil prices rebounded sharply in early Asian trading on Wednesday after U.S. President Donald Trump ordered a total and complete blockade of all sanctioned oil tankers traveling to and from Venezuela, triggering fresh...

Asian Currencies Trade Sideways as Dollar Weakens Ahead of Key U.S. Data

Most Asian currencies traded within a narrow range on Tuesday, while the U.S. dollar remained under pressure as investors stayed cautious ahead of several crucial U.S. economic indicators, starting with the nonfarm...

Australian Consumer Sentiment Slumps in Early December as Inflation Fears Resurface

Australian consumer sentiment weakened sharply in early December, according to a private survey released on Tuesday, highlighting growing concerns about inflation and the broader economic outlook. The latest...

Wall Street Futures Slip as Tech Stocks Struggle Ahead of Key US Economic Data

Wall Street futures edged lower on Monday evening as technology stocks remained under pressure following several weak sessions, while investors turned cautious ahead of critical US labor market and inflation data. Market...

Bank of Japan Poised for Historic Rate Hike as Inflation Pressures Persist

The Bank of Japan (BOJ) is widely expected to raise interest rates to 0.75% at the conclusion of its two-day policy meeting on Friday, marking the highest level in more than 30 years and closing the year with two rate...

Politics

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...