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Mon, Dec 22, 2025 06:00 PM All times are UTC

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FxWirePro: Hello stubborn bulls in Yellow metal, isn’t 61.8% fibos retracement enough to assert major downtrend continuation?

Dec 27, 2016 12:30 pm UTC| Technicals

To begin this week with apositive note, the gold prices have spiked from two days, prevailing at 1150.62 levels but couldnt sustain to drop back at 1142.94 levels. But please also be noted that after the intermediate...

FxWirePro: EUR/USD Trade idea

Dec 27, 2016 12:15 pm UTC| Technicals

Major resistance- 1.0510 (daily Tenken-Sen) Major support 1.03500 EUR/USD is trading in narrow range between 1.03522 and1.04992 for the past five trading session.The pair closed at 1.04514. It is currently...

FxWirePro: EUR/USD upside capped by daily Tenken-Sen, good to sell on rallies

Dec 27, 2016 11:34 am UTC| Technicals

FxWirePro: AUD/CAD capped below 61.8% Fib, break above could see minor bullishness

Dec 27, 2016 10:01 am UTC| Technicals

AUD/CAD struggles at 61.8% Fib at 0.9734. Bias lower as long as trendline resistance at 0.9740 holds. Price action in the pair remains below major moving averages. Momentum indicators are at oversold levels, so...

FxWirePro: Copper breaks consolidation phase, breaches 38.2% fib support, bias lower

Dec 27, 2016 09:01 am UTC| Technicals

Copper has broken consolidation phase to resume downside. Price action is currently holding by strong support at 2.445 which is trendline and 50-DMA. Break below is likely to see test of 2.40 (50% Fib) and then...

FxWirePro: CHF/JPY faces strong resistance at 200- HMA, good to sell on rallies

Dec 27, 2016 09:01 am UTC| Technicals

Major resistance 114.50 (200- HMA) Major support 113.90 (trend line joining 112.07 and 113.87). CHF/JPY jumped till 114.28 and slightly declined from that level. The pair made a low of 113.87 yesterday and...

FxWirePro:GBP/JPY downside capped by 50% fibo, good to sell on rallies

Dec 27, 2016 08:16 am UTC| Technicals

Major resistance 144.65 (trend line joining 148.45 and 147.35) Major intraday support 143.48 (50% retracement of 138.51 and 148.45) GBP/JPY has once again jumped after declining till 143.48. The pair should...

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Economy

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...

UK Economy Grows 0.1% in Q3 2025 as Outlook Remains Fragile

The British economy recorded modest growth in the third quarter of 2025, expanding by 0.1% between July and September, according to the latest confirmation from the Office for National Statistics (ONS). The final GDP...

German Exports to the U.S. Decline Sharply as Tariffs Reshape Trade in 2025

German exports to the United States recorded a significant downturn in 2025, underscoring the lasting impact of U.S. trade policies on Europes largest economy. According to a study cited by Reuters, German car exports to...

Politics

Kremlin Rejects U.S. Intelligence Claims on Putin’s Alleged Plans to Expand War Beyond Ukraine's

The Kremlin has firmly rejected claims attributed to U.S. intelligence suggesting that Russian President Vladimir Putin intends to seize all of Ukraine and potentially reclaim parts of Europe that were once under Soviet...

Trump Appoints Louisiana Governor Jeff Landry as Special Envoy to Greenland

U.S. President Donald Trump announced on Sunday that Louisiana Governor Jeff Landry has been appointed as a special envoy to Greenland, a move that has reignited global attention on the strategic Arctic territory and its...

ASEAN Pushes to Revive Thailand–Cambodia Ceasefire as Border Conflict Intensifies

Southeast Asian foreign ministers convened in Malaysia on Monday in a renewed diplomatic effort to restore a fragile ceasefire between Thailand and Cambodia after nearly two weeks of intense border fighting. The conflict,...

NSW Parliament Recalled After Bondi Beach Shooting to Debate Stricter Gun Laws and Protest Limits

Australias New South Wales state parliament was recalled on Monday for an urgent two-day session to debate proposed new laws that would significantly tighten firearm ownership, ban the public display of terror symbols, and...

U.S. Coast Guard Pursues Sanctioned Oil Tanker Near Venezuela Amid Rising Geopolitical Tensions

The U.S. Coast Guard is actively pursuing a sanctioned oil tanker in international waters near Venezuela, according to U.S. officials cited by Reuters, marking what could become the third such operation in less than two...

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

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...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...