Menu

Search

FxWirePro: EUR/USD bears resume at 7-weeks highs with potential shooting star or gravestone – Tunnel spreads to speculate

Jan 27, 2017 12:06 pm UTC| Technicals

Well, EURUSD has shown a slide in this week but still attempting to maintain 7-weeks highs. Although EURUSD spiked from trendline support at 1.0449 levels, it has been struggling to bounce further above 21SMA levels on...

FxWirePro:GBP/JPY breaks trend line support at 144.35, decline till 143.55 likely

Jan 27, 2017 10:35 am UTC| Technicals

Major intraday support 144.35 (Trend line joining 142.88 and 143.51). Major resistance 145 The pair is showing a continuous jump from the low of 136.45 and reached till 144.78. It has shown a slight decline on...

FxWirePro:EUR/USD forms Bullish Gartley Pattern, good to buy on dips

Jan 27, 2017 09:42 am UTC| Technicals

Pattern formed Bullish Gartley pattern Major resistance 1.27750 Major support 1.06580 (61.8% retracement of 1.05780 and 1.07750). EUR/USD has taken support near 61.8% fibo and jumped sharply from that...

FxWirePro:GBP/USD trades below trend line support, decline till 1.24180 likely

Jan 27, 2017 08:59 am UTC| Technicals

Major support 1.2560 (trend line joining 1.19860 and 1.22605). Cable is in corrective phase after a huge gain from the low of 1.19860.The pair reached 1.26735 yesterday and declined sharply from that level on account...

FxWirePro: XAG/USD hovers around $16.70 mark, good to sell on rallies

Jan 27, 2017 07:52 am UTC| Technicals

XAG/USD is currently trading around $16.70 marks. It made intraday high at $16.78 and low at $16.65 levels. Intraday bias remains bearish till the time pair holds key resistance at $17.02 mark. A daily close...

FxWirePro: NZD/JPY bulls shrug-off gravestone, rallies likely to drag upto next stiff resistance but never buck the major trend

Jan 27, 2017 07:30 am UTC| Technicals

Well, after looking at the title of this write up one may have come up here with theheavily bullish mindset, but in reality, it isnt that encouraging for the bulls of this pair than it really seems at this...

FxWirePro: GBP/NZD faces strong support at 1.7270, good to sell on rallies

Jan 27, 2017 07:24 am UTC| Technicals

Major support 1.7270 (Jan 25th low). Major resistance 1.7420 GBP/NZD formed a temporary top around 1.7420 and started to decline from that level. It is currently trading around 1.73145. The decline from...

  6051 6052 6053 6054 6055 6056 6057 6058 6059 6060   

Economy

Italy's Service Sector Contracts for First Time in 16 Months Amid Rising Costs and Weakening Demand

Italys services industry slipped into contraction territory in March 2026 for the first time in over a year, as escalating costs tied to Middle East tensions and softening demand weighed heavily on business activity. The...

Sterling Slides as Dollar Holds Firm Amid U.S.-Iran Tensions

The British pound came under pressure Tuesday, trading near $1.3234 against the U.S. dollar as geopolitical uncertainty and strong American economic data kept the greenback well-supported. Cable dipped to an intraday low...

Goldman Sachs Cuts 2026 Copper Price Forecast Amid Global Growth Concerns

Goldman Sachs has revised its 2026 copper price outlook downward, now projecting an average of $12,650 per tonne compared to its earlier estimate of $12,850. The adjustment reflects softer global demand expectations tied...

European Stocks Hold Steady as Iran Ceasefire Deadline Looms

European stock markets showed little movement on Tuesday following a long holiday weekend, as investors remained cautious amid escalating tensions in the Middle East. The pan-European Stoxx 600 edged up 0.1%, Germanys DAX...

Asian Markets Hold Steady Ahead of Trump's Iran Deadline as Oil Tops $110

Asian equity markets traded within tight ranges on Tuesday as cautious investors stepped back from risk assets ahead of a critical U.S. deadline tied to the escalating Iran conflict. With President Donald Trump warning...

Politics

Russia Secretly Aids Iran With Satellite Intelligence and Cyber Support Across the Middle East

A Ukrainian intelligence assessment has revealed that Russian satellites conducted at least 24 detailed reconnaissance missions over 11 Middle Eastern countries between March 21 and 31, surveying 46 strategic locations to...

Trump May Delay Iran Military Strike If Diplomatic Deal Shows Promise

President Donald Trump is reportedly open to postponing planned military action against Iran should credible signs of a diplomatic breakthrough emerge, according to multiple media outlets citing an Axios report. U.S....

Iran-Israel War Escalates as Trump's Ceasefire Deadline Looms

Tensions in the Middle East reached a critical flashpoint as Iran and Israel continued exchanging strikes, with Tehran firmly rejecting a U.S.-brokered ceasefire proposal just hours before a deadline issued by President...

Vance Visits Hungary to Back Orban Ahead of Pivotal 2025 Elections

U.S. Vice President JD Vance is traveling to Hungary this week in a show of political solidarity with Prime Minister Viktor Orban, who faces his most difficult re-election battle since coming to power in 2010. The two-day...

China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

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...

Technology

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...

Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...

OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO

OpenAI is navigating a significant leadership restructuring at one of the most pivotal moments in its history. The AI powerhouse confirmed that Chief Operating Officer Brad Lightcap is transitioning into a newly created...

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

Elon Musk is reportedly making Grok subscriptions a prerequisite for banks and advisers involved in SpaceXs highly anticipated initial public offering. According to the New York Times, citing insiders familiar with the...
  • Market Data
Close

Welcome to EconoTimes

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