Menu

Search

FxWirePro:USD/CHF struggles to close below 1.000 level, good to buy on dips

Jan 19, 2017 11:49 am UTC| Technicals

Major resistance- 1.0850 (61.8% retracement of 1.01364 and 0.9965) Major support 1 The pair jumped slightly after declining till 0.99961 yesterday. It is currently trading around 1.00639. Short term trend...

FxWirePro: EUR/JPY fails to close below 50-DMA, bias higher

Jan 19, 2017 09:48 am UTC| Technicals

EUR/JPY fails to close below 50-DMA, has edged higher to currently trade at 122.15. The pair finds stiff resistance at 122.25 (20-DMA), upside struggling to extend gains beyond. Break above 20-DMA could see test...

FxWirePro: FTSE100 trades well below trend line support, decline till 7000 likely

Jan 19, 2017 09:12 am UTC| Technicals

Major support 7280 (trend line joining 6869 and 7087). Major resistance 7360 FTSE100 has formed a temporary top around 7359 on Jan 16th 2017 and declined till 7211yesterday. The index is trading well below...

FxWirePro: NZD/USD finds strong support at 200-DMA, weakness only on break below

Jan 19, 2017 07:32 am UTC| Technicals

Fundamental Factors: NZD has shown signs of recovering early in the New Year and remains positive over the short-term. Data released in the US yesterday showed inflation rose at a fastest pace in five...

FxWirePro:GBP/USD Double top and 2618 trade setup

Jan 19, 2017 07:16 am UTC| Technicals

Pattern formed Double Top and 2618 trade Major resistance 1.2435 (Jan 5th high) Cable has made a high of 1.24169 and slightly declined from that level. It is currently trading around 1.22792. The pair...

FxWirePro: AUD/USD shooting star evidences dips but bulls counter at channel support, major downtrend stuck in range – Boundary binaries to speculate

Jan 19, 2017 06:33 am UTC| Technicals

Shooting star has been traced at 0.7540 levels that has evidenced price dips below SMAs, but bulls have managed to bounce back, holding stronger at channel support of 0.7472 and have managed to bounce back above 7DMA,...

FxWirePro: AUD/JPY 4H long setup

Jan 19, 2017 06:23 am UTC| Technicals

AUD/JPY intraday bias higher after break of 100-DMA currently at 85.13. The pair has major trendline support at 85.35, weakness only no break below. On the hourly charts, we have watching out for a possible...

  5871 5872 5873 5874 5875 5876 5877 5878 5879 5880   

Economy

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...

New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

New Zealands business confidence surged sharply in December, reaching its highest level in three decades, according to the latest ANZ Bank Business Outlook survey released on Friday. The data highlights growing optimism...

BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

The Bank of Japan (BOJ) is widely expected to raise interest rates to a three-decade high, marking another milestone in its gradual exit from ultra-loose monetary policy. At the conclusion of its two-day meeting on Friday,...

Politics

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....

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...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

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

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...

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...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
  • Market Data
Close

Welcome to EconoTimes

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