Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technicals

Tue, Nov 05, 2024 03:36 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

GBP/USD trades below minor trend line support, decline till 1.4350 is possible

Feb 16, 2016 06:09 am UTC| Technicals

Minor Support - 1.4450(trend line joining 1.4149 and 1.43828) Cable has broken minor support 1.4450 and declined till 1.44130. It is currently trading around 1.44207. Intraday trend is weak as long as resistance...

FxWirePro: Cable rejects resistance at 7DMA, leading oscillators signal more downside potential

Feb 16, 2016 05:56 am UTC| Technicals

After the formation of shooting star at 1.4498 whose highs were rejected at 1.4570 where it has tested resistance several times in the recent past as well. For now, the pair as shown some more weakness to slip below 7DMA...

CAD/JPY faces strong resistance at 83.75, break above targets 86.20

Feb 16, 2016 05:33 am UTC| Technicals

Major resistance - 83.75 (trend line joining 87.04 and 86.21) The pair has made a high of 83.50 and slightly retreated from that level. It is currently trading around 83.42. On the higher side major resistance is...

Korean Won depreciates against major peers as BoK stands pat

Feb 16, 2016 05:30 am UTC| Technicals

Pair is currently supported above 1218 levels. It made intraday high at 1219.10 and low at 1210.10 levels. Today BoK kept the interest rate unchanged at 1.5% as expected by the market. Korean won slipped...

FxWirePro: AUD/USD edges lower from sesison highs at 0.7177, good to buy dips

Feb 16, 2016 05:29 am UTC| Technicals

AUD/USD continues to tread on firmer ground, despite cautionary rhetoric by the RBA. The pair is extending recovery from below 0.6990 and lows of 0.6983 (Feb 11th) in the recent sell-off. AUD/USD has strong...

Kiwi falls despite positive retail sales data, likely to fall further

Feb 16, 2016 04:12 am UTC| Technicals

Pair is currently trading at $0.6610 levels. It made intraday high at $0.6675 and low at $0.6604 levels. Sales volumes rose 1.2% quarter-on-quarter in the October-December period, according to Statistics New...

FxWirePro: EUR/JPY extends upside, breaks above 5-DMA resistance, good to go long on dips

Feb 16, 2016 04:02 am UTC| Technicals

EUR/JPY extends retrace from near channel base, breaks above 5-DMA resistance at 127.68, currently at 128.07. Technical indicators have already corrected extreme oversold reading, RSI and Stochs point...

5931 5932 5933 5934 5935 5936 5937 5938 5939 5940

Economy

FxWirePro- Major Economic Events for the day

Date Time (GMT) Currency Event Forecast Previous Nov 5th2024 3:30 am AUD Cash...

Concerns Mount Over Vietnam's Draft Data Protection Law

U.S. Tech Industry Warns Vietnam Over Data Law U.S. tech companies are expressing concerns that Vietnams draft data protection law could stifle growth for social media platforms and data center operators. With a...

Palau's Presidential Election: Key Issues and Candidates**

Overview of Palaus Presidential Election Palau, a Pacific Islands nation vital to U.S. military interests amid rising tensions with China, is holding a national presidential election on Tuesday. President Surangel...

Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections

#Title: Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections **Meta Description:** Discover how Commodity Trading Advisors are positioning themselves in U.S....

Oil Prices Surge on OPEC+ Output Delay Amid Political and Economic Events

Oil Prices Surge on OPEC+ Output Delay Oil prices experienced significant gains on Monday, climbing more than $1 following OPEC+s decision to delay output increases. This market movement comes as the U.S. prepares...

Politics

Joe Rogan Endorses Donald Trump for President—‘Only He Can Fix What’s Broken!’ Will This Maverick Move Change the 2024 Race?

Podcast host Joe Rogan has publicly endorsed former President Donald Trump for the 2024 presidential election, sparking a wave of reactions across the political and media landscape. Known for his outspoken views and...

Ben Shapiro Warns: ‘Supreme Court Could Decide the Election!’ Legal Battle Looms if Ballot Disputes Hit Swing States—Is History About to Repeat?

Political commentator Ben Shapiro has presented a scenario that places the U.S. Supreme Court at the center of a potential election showdown, suggesting that unresolved disputes over ballot counts or election...

Skip Bayless on Trump’s Leadership: ‘I Don’t Share His Views, But He’s a Natural-Born Leader!’ Will Fans Agree or Revolt?

In an unexpected twist, sports commentator Skip Bayless recently shared his perspective on former President Donald Trump, describing him as a natural-born leader despite their differing views. Known for his outspoken takes...

Judge Clears Elon Musk’s America PAC’s ‘Million-Dollar Giveaway’—‘This Is Not Vote-Buying!’ Critics Slam Cash Incentives in Swing States as ‘Ethically Dubious’

A Philadelphia judge has ruled in favor of Elon Musks America PAC, allowing the organization to proceed with a controversial million-dollar giveaway targeting registered swing-state voters. The PAC, funded by Musk, aims to...

Elon Musk Blasts ‘Government Overreach’ on Peanut the Squirrel!—‘We’ve Got to Fight Back Against This!’ Will This Viral Squirrel Spark Change?

In a quirky yet serious turn, Elon Musk has shared his thoughts on an unlikely topic: Peanut the Squirrel, a beloved internet sensation turned unexpected point of contention. During a recent interview, Musk humorously...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

OpenAI Considers Shift to For-Profit Model, Engages with California Officials in Early Talks

OpenAI, led by CEO Sam Altman, is in early discussions with Californias attorney general to potentially transition into a for-profit entity. The change could attract new investors, marking a shift from OpenAIs original...

Nvidia, Facebook Urge Supreme Court to Dismiss Investor Fraud Lawsuits

Nvidia and Facebook have petitioned the U.S. Supreme Court to dismiss securities fraud class action lawsuits against them. The tech giants argue that allowing these suits to proceed could significantly alter how private...

Suzuki Debuts First Electric SUV Bound for Toyota with New Branding and Cutting-Edge Design

Suzuki has launched the e Vitara, its first-ever electric SUV, designed to be a game-changer as it heads to Toyotas global lineup with unique branding. Powered by a specialized eAxle and ALLGRIP-e AWD, the e Vitara stands...

XRP Surges on Bullish RSI Divergence; Testing Critical Resistance Levels

XRPs price surged past $0.50 today, driven by a bullish divergence on the Relative Strength Index (RSI), marking a pivotal movement that could define its next trajectory. Traders are eyeing resistance near the 50-day...

Michigan Pension Fund Leads in Ethereum ETF Holdings With New $11M Investment

In a strategic expansion into crypto, Michigans state pension fund acquired $11 million in Ethereum via ETH ETFs, positioning itself among Grayscales largest Ethereum ETF shareholders and underscoring its confidence in...