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Wed, Dec 17, 2025 03:31 AM All times are UTC

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FxWirePro: Triple top or double top, major trend of gold prices in tandem with momentum and trend oscillators – Boundary binaries buzz with handsome yields

Jun 29, 2017 08:32 am UTC| Technicals

Gold price behavior has formed the triple top pattern with top 1 at 1263.74 levels, top 2 at 1295.45 levels and top 3 at 1295.98 levels (refer daily charts). Currently, this bearish pattern and bearish DMA crossover...

FxWirePro: Copper hovers around 61.8% Fib at 2.688, bias higher, stay long

Jun 29, 2017 07:43 am UTC| Technicals

Copper extends bull-run for 5th successive session, bias higher. Price action has broken major trendline resistance at 2.620. Upside struggling to extends above 61.8% Fib of 2.822 to 2.472 fall at...

FxWirePro: AUD/NZD major downtrend to slide below EMAs after failure swings at channel resistance but expect interim minor rallies

Jun 29, 2017 06:37 am UTC| Technicals

On the daily chart, the price behavior in short-term trend has moved above DMAs. After the test of strong support at 1.0364 levels, this week has begun with the stern bulls attempts of bouncing back, the rallies could...

FxWirePro: Daily cloud caps upside in EUR/NZD, further upside only on break above

Jun 29, 2017 06:19 am UTC| Technicals

EUR/NZD has been rejected at cloud base on Wednesdays trade. The pair edged lower from session highs at 1.5678 to close at 1.5573. Price action still holds above 20-DMA, we see weakness only on close...

FxWirePro: Bearish divergence on EUR/JPY 1H charts, good to go short on break below 127.60

Jun 29, 2017 05:56 am UTC| Technicals

EUR/JPY has pared gains above the 128 handle to currently trade at 127.94. Markets believe the ECB is closer than ever to the QE taper after Draghis comments. We have evidenced bearish divergence on RSI from...

FxWirePro: Gold trades higher on weak US dollar, good to buy on dips

Jun 29, 2017 05:48 am UTC| Technicals

Gold has recovered sharply after hitting low of $1236 (6- week low) on account of weak dollar. The yellow metal shown a minor recovery till $1255 and is currently trading around $1252.12. US dollar hits ten month low...

FxWirePro: AUD/USD breaks major resistance at 0.7620, bias higher, stay long

Jun 29, 2017 05:17 am UTC| Technicals

AUD/USD has broken above major resistance at 0.7620, bias higher. Aussie data released today showed continued improvement in the labor market. Australian annualised job vacancies rose 11.4%, the highest reading...

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Economy

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...

New Zealand Budget Outlook Shows Prolonged Deficits Despite Economic Recovery Hopes

New Zealand has released updated financial forecasts showing the government is unlikely to return to a budget surplus over the next five years, as weak economic conditions continue to outweigh strict fiscal discipline. The...

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...