Menu

Search

FxWirePro: USD/JPY bearish engulfing, gravestone doji and shooting stars signal weakness in major trend, expect minor rallies on bullish DMA crossover

Jun 23, 2017 07:10 am UTC| Technicals Insights & Views

Negligible interim rallies stuck in the tight range, while momentum oscillators signal selling pressures and the major trend has again resumed bearish sentiments (refer both daily and monthly charts). The price behavior...

FxWirePro: GBP/AUD retraces brief dip below 200-DMA, breaks above 5-DMA at 1.6755

Jun 23, 2017 06:19 am UTC| Technicals

GBP/AUD has retraced a brief dip below 200-DMA and has edged higher from multi-week lows at 1.6611. The pair has broken above 5-DMA and price action has pierced into daily cloud. Technical indicators do not...

FxWirePro: Prefer to go long on XAG/USD around $16.58 with stop loss at $16.40 and target of $16.82

Jun 23, 2017 06:05 am UTC| Technicals

XAG/USD is currently trading around $16.62 marks. It made intraday high at $16.62 and low at $16.50 levels. Intraday bias remains bullish for the moment. A daily close above $16.55 will test key resistances...

FxWirePro: Gold pushes higher on flattening of U.S yield curve, good to buy on dips

Jun 23, 2017 05:55 am UTC| Technicals

Gold edged up slightly up for second consecutive days from the 5- week low of $1240 as another rate hike by Fed this year slightly faded. The yellow metal jumped till $1255 yesterday and is currently trading around...

FxWirePro: USD/INR fails to sustain below key support at 64.48 mark, bias remains neutral

Jun 23, 2017 05:29 am UTC| Technicals

USD/INR is currently trading around 64.55 marks. It made intraday high at 64.62 and low at 64.54 marks. Intraday bias remains bearish till the time pair holds key resistance at 64.64 marks. Key resistances...

FxWirePro: AUD/JPY upside fails at trendline resistance at 85, drag till 200-DMA at 83.37 likely

Jun 23, 2017 04:21 am UTC| Technicals

AUD/JPY pauses three-day losing streak, yen depressed as risk-on returns in the markets. Moderate gains seen in the oil benchmarks could extend support to the Aussie and AUD/JPY could see further...

FxWirePro: USD/CNY breaks key resistance at 6.8352 mark, PBOC sets yuan mid-point at 6.8238

Jun 23, 2017 04:08 am UTC| Technicals

USD/CNY is currently trading around 6.8414 marks. It made intraday high at 6.8433 and low at 6.8323 levels. Intraday bias remains bullish for the moment. A sustained close above 6.8348 marks will test key...

  5581 5582 5583 5584 5585 5586 5587 5588 5589 5590   

Economy

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

U.S. President Donald Trump has signed a new executive order that could impose tariffs of up to 25% on countries that continue to do business with Iran, marking a significant escalation in Washingtons pressure campaign...

U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

U.S. stocks surged on Friday, posting their strongest session since May 2025, as investors regained confidence following a turbulent week marked by sharp losses in technology shares and uncertainty around the artificial...

Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

Gold and silver prices climbed on Friday, closing out an exceptionally volatile week in the precious metals market following a historic selloff. The turbulence was sparked by the nomination of former Federal Reserve...

RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

The Reserve Bank of India (RBI) on Friday kept its key repo rate unchanged at 5.25%, a widely expected decision that reflects confidence in Indias strong economic growth and easing external pressures following a major...

Politics

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

U.S. Lawmakers to Review Unredacted Jeffrey Epstein DOJ Files Starting Monday

Members of the U.S. Congress are expected to gain access to the unredacted version of the Department of Justices files related to convicted sex offender Jeffrey Epstein beginning Monday morning, according to a report from...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.