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Fri, Dec 26, 2025 07:06 PM All times are UTC

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FxWirePro: XAG/USD hammer candle resumes upswings, can bullish pattern bring in silver lining for silver prices – Magnify yields via one touch calls

Aug 29, 2017 10:29 am UTC| Technicals

On daily plotting, historically, the double top pattern has occurred in silver price chart with peak 1 at 18.485 (that is where Back to back shooting star candle patterns are traced out), peak 2 at 18.647 and neckline at...

FxWirePro: EUR/USD hits fresh 27- month high at 1.20700 level, good to buy on dips

Aug 29, 2017 09:59 am UTC| Technicals

EURUSD hits 1.2070 fresh 27 month high and is hovering around this level. The pair is trading higher after dovish statement by Janet Yellen in Jackson Hole symposium. The pair gained second session in a row jumped...

FxWirePro: GBPJPY upside capped by 23.6% fibo, good to sell on rallies

Aug 29, 2017 09:25 am UTC| Technicals

Major support -138.65 (Jun12th low). The pair has formed a temporary bottom at 139.31 and recovered slightly from that level.GBPJPY jumped till 141.41 and is currently trading around 140.60. Short term trend is...

FxWirePro: EUR/GBP continues bull run, hits 8-year high at 0.9306, bias higher

Aug 29, 2017 09:25 am UTC| Technicals

EUR/GBP continues bull-run, hits 8-year highs at 0.93064, bias still higher. The pair has broken major resistance at 0.9185 (channel top) in last weeks trade, scope for further upside. ECBs Draghi speaking at the...

FxWirePro: Gold hits new 2017 high on geopolitical tensions, good to buy on dips

Aug 29, 2017 09:19 am UTC| Technicals

Gold has broken major psychological level at $1300 and jumped sharply till $1320 on safe haven demand. The yellow metal hits fresh 2017 high on weak U.S dollar and geopolitical tensions. It is currently trading around...

FxWirePro: Breakout of 'Cup and Saucer' pattern likely to propel Copper higher, 3.113 next bull target

Aug 29, 2017 08:13 am UTC| Technicals

Copper hits fresh 3-year highs at 3.086, levels unseen since Oct 2014. The pair has completed the Cup Saucer pattern and is extending upside after breaking strong resistance at 2.496. We see scope for further...

FxWirePro: Silver rises gradually against U.S. dollar, stay bullish

Aug 29, 2017 08:11 am UTC| Technicals

XAG/USD is currently trading around $17.56 marks. It made intraday high at $17.57 and low at $17.39 levels. Intraday bias remains bullish till the time pair holds key support at $17.00 mark. A daily close...

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Economy

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

Oil Prices Hold Steady in Asia as Geopolitical Tensions Support Market

Oil prices were mostly unchanged during Asian trading on Friday, holding on to gains from earlier in the week as geopolitical tensions continued to underpin the market. However, thin holiday liquidity and limited...

Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis

Lebanons cabinet has approved a controversial draft law aimed at addressing the countrys prolonged financial crisis, a move seen as a critical step toward unlocking long-awaited international financial support. The...

China to Tighten Crude Steel Output Controls and Export Regulation Through 2030

China has announced it will continue strict regulation of crude steel output and prohibit the addition of illegal new capacity from 2026 to 2030, reinforcing its long-term strategy to curb overcapacity and reduce carbon...

Asian Stocks and Gold Rally as Investors Chase Year-End Gains Amid Dollar Weakness

Asian stock markets climbed to their highest levels in six weeks on Friday, extending a strong year-end rally as investors looked to finish the year on a positive note. Despite thin trading volumes due to market holidays...

Politics

Zelenskiy to Meet Trump to Advance Ukraine Peace Talks and Security Guarantees

Ukrainian President Volodymyr Zelenskiy announced on Friday that he plans to meet with U.S. President Donald Trump on Sunday as part of ongoing efforts to bring an end to Russias war in Ukraine. The high-level meeting is...

Najib Razak Jailed 15 More Years in Landmark 1MDB Verdict With Major Political Impact

Malaysias former prime minister Najib Razak has been sentenced to an additional 15 years in prison and fined 11.39 billion ringgit (about $2.8 billion) after being found guilty of abuse of power and money laundering in one...

Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance

Japans government, led by Prime Minister Sanae Takaichi, has approved a record-breaking budget worth 122.3 trillion yen ($785 billion) for the next fiscal year starting in April, underscoring its attempt to balance...

White House East Wing Ballroom Plans Face Scrutiny Ahead of January Hearing

The White House is set to reveal new details about President Donald Trumps proposed East Wing ballroom during a federal commission hearing scheduled for early next month, according to official notices. The project, which...

Zelenskiy Discusses Ukraine Peace Efforts With Trump Envoys

Ukrainian President Volodymyr Zelenskiy said on Thursday that he held an extensive discussion with U.S. President Donald Trumps special envoy Steve Witkoff and Trumps son-in-law Jared Kushner, focusing on possible ways to...

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

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

Reports earlier this week suggested that Nvidia (NASDAQ: NVDA) had agreed to acquire AI chip startup Groq in a $20 billion all-cash transaction. However, updated details clarify that the arrangement is not a traditional...

TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

Several leading Japanese semiconductor equipment manufacturers have been recognized with 2025 Supplier Awards from Taiwan Semiconductor Manufacturing Company (TSMC), highlighting their growing importance in the global chip...

Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to a CNBC report. The...

Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

A federal judge in Texas has blocked the enforcement of a new state law that would have required app stores and developers to verify users ages, marking a significant legal win for major technology companies and digital...

FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

The U.S. Federal Trade Commission has welcomed Instacarts decision to end its artificial intelligence-based price testing, a move that follows weeks of consumer backlash and regulatory scrutiny. FTC Chair Andrew Ferguson...