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Tue, Dec 23, 2025 02:22 AM All times are UTC

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FxWirePro:USD/CHF struggles to close below 1.000 level, good to buy on dips

Jan 19, 2017 11:49 am UTC| Technicals

Major resistance- 1.0850 (61.8% retracement of 1.01364 and 0.9965) Major support 1 The pair jumped slightly after declining till 0.99961 yesterday. It is currently trading around 1.00639. Short term trend...

FxWirePro: EUR/JPY fails to close below 50-DMA, bias higher

Jan 19, 2017 09:48 am UTC| Technicals

EUR/JPY fails to close below 50-DMA, has edged higher to currently trade at 122.15. The pair finds stiff resistance at 122.25 (20-DMA), upside struggling to extend gains beyond. Break above 20-DMA could see test...

FxWirePro: FTSE100 trades well below trend line support, decline till 7000 likely

Jan 19, 2017 09:12 am UTC| Technicals

Major support 7280 (trend line joining 6869 and 7087). Major resistance 7360 FTSE100 has formed a temporary top around 7359 on Jan 16th 2017 and declined till 7211yesterday. The index is trading well below...

FxWirePro: NZD/USD finds strong support at 200-DMA, weakness only on break below

Jan 19, 2017 07:32 am UTC| Technicals

Fundamental Factors: NZD has shown signs of recovering early in the New Year and remains positive over the short-term. Data released in the US yesterday showed inflation rose at a fastest pace in five...

FxWirePro:GBP/USD Double top and 2618 trade setup

Jan 19, 2017 07:16 am UTC| Technicals

Pattern formed Double Top and 2618 trade Major resistance 1.2435 (Jan 5th high) Cable has made a high of 1.24169 and slightly declined from that level. It is currently trading around 1.22792. The pair...

FxWirePro: AUD/USD shooting star evidences dips but bulls counter at channel support, major downtrend stuck in range – Boundary binaries to speculate

Jan 19, 2017 06:33 am UTC| Technicals

Shooting star has been traced at 0.7540 levels that has evidenced price dips below SMAs, but bulls have managed to bounce back, holding stronger at channel support of 0.7472 and have managed to bounce back above 7DMA,...

FxWirePro: AUD/JPY 4H long setup

Jan 19, 2017 06:23 am UTC| Technicals

AUD/JPY intraday bias higher after break of 100-DMA currently at 85.13. The pair has major trendline support at 85.35, weakness only no break below. On the hourly charts, we have watching out for a possible...

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Economy

Wall Street Ends Higher as S&P 500, Nasdaq Extend Gains Ahead of Holiday Week

U.S. stock markets closed higher on Monday, extending recent gains as investors look to finish the year on a strong note despite thinning trading volumes in a holiday-shortened week. The SP 500 rose 0.5% by the closing...

Global Markets Rise as Tech Stocks Lead, Yen Strengthens, and Commodities Hit Record Highs

Global financial markets started a holiday-shortened week on a positive note, with most major stock indexes posting gains as technology stocks rebounded and investor sentiment improved. Wall Street was supported by...

Platinum Price Surges Past $2,000 as Demand and Supply Dynamics Tighten

Platinum prices surged sharply at the start of the week, rallying more than 4.6% on Monday to break above the $2,000 per ounce level for the first time since 2008. The move marks a 17-year high for the precious metal and...

U.S. Dollar Slips as Yen Finds Support on Intervention Signals and Geopolitical Risks Rise

The U.S. dollar edged lower on Monday after posting modest gains last week, as cautious market sentiment and rising geopolitical tensions weighed on risk appetite. Currency markets remained largely subdued in Asia, showing...

Why U.S. Coffee Prices Are Staying High Despite Trump’s Tariff Rollbacks

U.S. coffee drinkers hoping for cheaper coffee after President Donald Trump rolled back key import tariffs are likely to be disappointed. While the tariff reductions removed duties on hundreds of food items, including...

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...

Mexico Antitrust Review of Viva Aerobus–Volaris Deal Signals Growth for Airline Sector

Mexicos antitrust commission is set to review a proposed tie-up between low-cost airlines Viva Aerobus and Volaris, a move that has drawn positive remarks from President Claudia Sheinbaum and sparked interest across the...

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...

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

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...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...