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Fri, Dec 26, 2025 04:16 AM All times are UTC

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FxWirePro: NZD/USD upside shows signs of exhaustion, bearish divergence adds downside bias

Jul 20, 2017 10:57 am UTC| Technicals

NZD/USD is extending previous sessions retracement from fresh 9-month highs at 0.7387. The major has likely formed a triple top and that coupled with bearish divergence on RSI and Stochs suggests an impending...

FxWirePro: EUR/USD trades lower ahead of ECB meeting, good to buy on dips

Jul 20, 2017 10:07 am UTC| Technicals

Euro has been declining for past two days ahead of ECB monetary policy meeting .The pair hits new 52 week high at 1.15830 on Jul 18th 2017. The central bank is expected to keep policy rates unchanged. There are speculation...

FxWirePro: EUR/CAD trades rangebound ahead of ECB, finds strong support at 1.4477

Jul 20, 2017 10:01 am UTC| Technicals

Markets wary ahead of ECB policy meeting, EUR/CAD is trading a narrow range. The pair slipped below 5-DMA on Wednesdays trade, which is capping upside on the day. Bullish divergence seen on RSI and Stochs. Raises...

FxWirePro: FTSE100 trades higher, good to buy on dips

Jul 20, 2017 09:45 am UTC| Technicals

FTSE100 forms a minor bottom near 7300 and recovered sharply from that level. The index jumped till 7468 at the time of writing. It is currently trading around 7469. UK FTSE100 broken minor trend line resistance...

FxWirePro: EUR/AUD forms double top, more slumps on cards as bears break below neckline with bearish DMA crossover – Snap rallies for fresh short build ups

Jul 20, 2017 09:39 am UTC| Technicals Insights & Views

The pair forms the double top pattern with top 1 at 1.5227 and top 2 at 1.5075 levels. The todays rallies seem to be unlikely to sustain, and hence, use them for fresh shorts build ups as the bears manage to breach...

FxWirePro: NZD/CAD finds major support at 0.9198, good to go short on break below

Jul 20, 2017 09:18 am UTC| Technicals

NZD/CAD in the red for the fourth successive week, bias still lower. The pair finds immediate strong support at 0.9198 (weekly 100-SMA). Technical studies on weekly charts support downside. RSI is below 50 levels...

FxWirePro: USD/ZAR rejects key support at 12.88 mark, stay bullish only above 13.05

Jul 20, 2017 07:49 am UTC| Technicals

USD/ZAR is currently trading around 12.96 levels. It made intraday high at 12.97 and low at 12.89 levels. Intraday bias remains bullish till the time pair holds key support at 12.88 mark. A daily close...

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Economy

China Revises 2024 GDP Lower After Final Review, Eyes Growth in 2025

Chinas economy in 2024 was officially revised downward following a final verification by the countrys statistics bureau, highlighting ongoing adjustments in the worlds second-largest economy. According to the latest...

U.S. Stock Futures Edge Higher as Holiday-Thinned Trading Persists

U.S. stock futures moved modestly higher on Thursday evening following the Christmas holiday, as subdued activity and thin trading volumes continued to shape market behavior ahead of a shortened New Years trading week....

Oil Prices Rise on Venezuela Sanctions and Nigeria Airstrikes Despite Annual Losses

Global oil prices edged higher on Friday as geopolitical tensions intensified following new U.S. actions targeting Venezuelan oil shipments and military airstrikes against Islamic State militants in Nigeria. These...

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...

Tokyo Core Inflation Stays Above BOJ Target, Strengthening Case for Further Rate Hikes

Core consumer prices in Tokyo, Japans capital, rose 2.3% in December compared with the same period a year earlier, reinforcing expectations that the Bank of Japan (BOJ) may continue raising interest rates in the coming...

Politics

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...

Kim Jong Un Signals Continued Missile Development as North Korea Plans Five-Year Military Modernization

North Korean leader Kim Jong Un has signaled that the country will continue to advance its missile capabilities over the next five years, underscoring Pyongyangs ongoing focus on strengthening its military deterrence....

US Airstrikes Target Islamic State Militants in Northwest Nigeria Amid Rising Security Concerns

The United States has carried out airstrikes against Islamic State militants operating in northwest Nigeria, according to a statement made by U.S. President Donald Trump on Thursday. The strikes were described as a direct...

U.S. Judge Blocks Deportation of British Anti-Disinformation Campaigner Imran Ahmed Amid Free Speech Dispute

A U.S. federal judge has temporarily blocked the Trump administration from detaining or deporting Imran Ahmed, a British anti-disinformation campaigner and U.S. permanent resident, following a legal challenge over an entry...

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 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...

John Carreyrou Sues Major AI Firms Over Alleged Copyrighted Book Use in AI Training

Investigative journalist John Carreyrou, widely known for exposing fraud at Silicon Valley blood-testing startup Theranos and for authoring the bestselling book Bad Blood, has filed a new copyright infringement lawsuit...

Italy Fines Apple €98.6 Million Over App Store Dominance

Italys competition authority has imposed a 98.6 million ($115.53 million) fine on U.S. technology giant Apple and two of its subsidiaries, citing alleged abuse of a dominant market position related to the distribution of...