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Wed, Dec 24, 2025 03:36 AM All times are UTC

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FxWirePro: USD/ZAR hits multi-month lows, more bearish traction upon bearish WMA and EMA crossover with abrupt rebounds

Mar 23, 2017 12:30 pm UTC| Technicals

In this edition of technical analysis of USDZAR, weve emphasized more on long-term prospects of USDZAR coupled with short term trend as well. The pair extend dragging price drops, the current prices have consistently...

FxWirePro: AUD/CHF trade idea

Mar 23, 2017 11:46 am UTC| Technicals

Major support 0.7600 (trend line joining 0.74791 and 0.75738). Major intraday resistance 0.7660 (100- 4H EMA). AUD/CHF broken major support of 0.7600 and declined till 0.75722 at the time of writing. It is...

FxWirePro: EURUSD intraday trade idea

Mar 23, 2017 09:59 am UTC| Technicals

Major intraday support -1.07900 (trend line joining 1.06070 and 1.07189). Major resistance 1.08300 The pair has declined slightly after jumping till 1.08245 and is currently trading around 1.07789. EUR/USD...

FxWirPro: DAX30 forms Bullish Cypher pattern, good to buy on dips

Mar 23, 2017 09:25 am UTC| Technicals

Harmonic pattern formed Bullish Cypher pattern Potential reversal Zone (PRZ) - 11719. DAX30 forms potential cypher pattern in the four hour chart. The index has shown a slight decline after showing a jump till...

FxWirePro: EUR/JPY recovery rejected at session highs, bias lower, stay short

Mar 23, 2017 07:52 am UTC| Technicals

EUR/JPY extends downside after break below 100-DMA on Wednesdays trade. Technical studies remain highly bearish, we see scope for further downside. Recovery attempts in the pair from fresh monthly lows at 119.68...

FxWirePro: EUR/GBP extends gradual grind lower along 5-DMA, bias lower, stay short

Mar 23, 2017 07:19 am UTC| Technicals

EUR/GBP is extending a gradual grind lower along 5-DMA, bias remains lower. The pair is on track to test 100-DMA at 0.8573 and finds next major support by daily cloud at 0.86 level. GBP spiked after UK inflation...

FxWirePro: AUD/CAD breaks major trendline support at 1.0225, good to short rallies

Mar 23, 2017 06:59 am UTC| Technicals

AUD/CAD is extending declines for 3rd consecutive session, has broken major trendline support at 1.0225, intraday bias lower. The pair is currently holding above 20-DMA at 1.0189, weakness likely on break...

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Economy

Asian Markets Rise as AI Rally Caps 2025, Gold and Silver Hit Record Highs

Asian shares edged higher on Wednesday, rounding off a strong finish to 2025 as artificial intelligence-driven optimism continued to fuel global equity markets. The positive momentum followed an overnight rally on Wall...

U.S. Stock Index Futures Steady After S&P 500 Hits Record on Strong Economic Data

U.S. stock index futures were little changed on Tuesday evening following a record-setting close for the SP 500, as stronger-than-expected economic growth data continued to bolster confidence in the U.S. economy. Market...

Oil Prices Edge Higher as Strong U.S. Growth and Supply Risks Support Market

Oil prices recorded modest gains on Wednesday, extending a rally from earlier in the week as strong U.S. economic data and ongoing geopolitical risks supported market sentiment. Brent crude futures rose 4 cents, or 0.06%,...

IMF Reaches Staff-Level Agreement With Egypt, Opening Path to $3.8 Billion in Funding

The International Monetary Fund (IMF) has announced that it reached a staff-level agreement with Egypt on the fifth and sixth reviews of the countrys Extended Fund Facility (EFF), a key step that could unlock around $2.5...

RBA Signals Possible Interest Rate Hike in 2026 as Inflation Pressures Persist

The Reserve Bank of Australia (RBA) has revealed that its board members discussed the possibility of raising interest rates in 2026, according to the minutes from the central banks December policy meeting. The discussion...

Politics

Trump Administration Recalls Nearly 30 U.S. Ambassadors in Push for “America First” Agenda

The Trump administration has recalled nearly 30 U.S. ambassadors and senior career diplomats from overseas posts, a move officials say aligns embassies more closely with the presidents America First foreign policy, but...

Australia Moves Toward Tougher Gun Laws After Bondi Shooting

Australias most populous state, New South Wales, is set to introduce significantly tougher gun laws alongside new measures targeting terrorism and public protests, following a deadly mass shooting in Sydneys Bondi area....

Trump Announces Ambitious Plan for New U.S. Navy Super Battleships

U.S. President Donald Trump announced on Monday an ambitious proposal for the United States Navy to begin building a new class of advanced battleships, a move that could significantly reshape the future of American naval...

China’s Nuclear Expansion Raises Arms Control Concerns as Pentagon Report Warns of Growing Military Ambitions

China is rapidly expanding and modernizing its nuclear weapons arsenal, with a draft Pentagon report warning that Beijing may have loaded more than 100 intercontinental ballistic missiles (ICBMs) across three newly...

Kremlin Downplays U.S.-Russia Talks on Ukraine as Ongoing Process

Russia has played down expectations surrounding recent discussions with the United States on the Ukraine conflict, emphasizing that the talks should not be interpreted as a major diplomatic breakthrough. Kremlin spokesman...

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

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...

Moore Threads Unveils New GPUs, Fuels Optimism Around China’s AI Chip Ambitions

Moore Threads Technology Co Ltd (SS:688795), often described as Chinas potential alternative to NVIDIA Corporation (NASDAQ: NVDA), attracted investor attention after unveiling a new lineup of graphics processing units at...

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...