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Tue, Dec 16, 2025 03:53 AM All times are UTC

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FxWirePro: EUR/GBP breaks major trendline resistance at 0.8355, good to go long on dips

Jul 18, 2016 04:05 am UTC| Technicals

EUR/GBP has broken major trendline resistance at 0.8355 on the hourly charts. The pair finds strong support by 20-DMA at 0.8282 on the daily charts, weakness only on break below. Upside finds next hurdles at...

ASX200 trades well above 5400, jump till 5500 is possible

Jul 18, 2016 03:40 am UTC| Technicals

Major support - 5380(4 Hour Kijun-Sen) The index has broken major resistance around 5430 and jumped till 5469 at the time of writing.It is currently trading around 5469. Overall trend is bullish as long as the...

FxWirePro: Taiwanese dollar erases previous gain against US dollar, buy on dips

Jul 18, 2016 03:20 am UTC| Technicals

USD/TWD is currently trading around 31.96 mark, It made intraday high at 32.02 and low at 31.86 marks. Intraday bias remains bullish till the time pair holds key support at 31.87 marks. A sustain close below...

FxWirePro: Nikkei225 faces strong resistance at 16600, good to buy at dips

Jul 18, 2016 03:12 am UTC| Technicals

Major Support -16178 (55 day EMA) Major Intraday resistance- 16640 (Cloud top) Nikkei225 is trading in narrow range between 16399 and 16640 It is currently trading around 16546. The index upside upside has...

FxWirePro: USD/KRW struggles to break key support at 1130, bias remains neutral

Jul 18, 2016 02:40 am UTC| Technicals

USD/KRW is currently trading around 1134 levels. It made intraday high at 1139 and low at 1132 levels. Intraday bias remains neutral till the time pair holds key support at 1130 mark. A sustained break below...

FxWirePro: USD/JPY finds stiff resistance by 50-DMA at 106.22, break above targets 106.81

Jul 18, 2016 02:32 am UTC| Technicals

USD/JPY edges lower from session highs at 106.01, intraday bias higher. The pair was capped by 50-DMA on Friday, which is currently at 106.22 and stiff resistance. The pair is currently holding above major...

FxWirePro: USD/SGD hovers around 1.3480 mark, faces strong resistance at 1.3496

Jul 18, 2016 02:06 am UTC| Technicals

USD/SGD is currently trading around 1.3472 marks. It made intraday high at 1.3488 and low at 1.3447 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.3496 marks. A daily...

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Economy

Asian Stocks Slide as AI Valuation Fears and BOJ Uncertainty Weigh on Markets

Most Asian stock markets declined on Tuesday, extending recent losses as the technology sector continued to struggle under concerns about stretched artificial intelligence valuations. Investor sentiment remained fragile...

Oil Prices Slip in Asia as 2026 Supply Glut Fears and Russia-Ukraine Talks Weigh on Markets

Oil prices edged lower during Asian trading on Tuesday as investors remained focused on expectations of a global oil supply glut in 2026, while closely monitoring developments in Russia-Ukraine ceasefire negotiations. The...

Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing

Korea Zinc announced plans to invest $7.4 billion to build a large-scale critical minerals refinery in Tennessee, marking the first new U.S.-based zinc refinery since the 1970s. The project, heavily backed by the U.S....

Asian Technology and Chipmaking Stocks Slide as AI Spending Concerns Shake Markets

Asian technology and chipmaking stocks fell sharply on Monday as investor caution intensified over growing uncertainties surrounding artificial intelligence (AI) spending and its impact on future earnings. The sell-off...

China’s November Economic Data Signals Slowing Industrial Output and Weak Consumer Demand

Chinas economic momentum showed further signs of strain in November as key indicators pointed to slower growth in industrial output and a sharper-than-expected slowdown in consumer spending, according to official data...

Politics

Trump Weighs Reclassifying Marijuana as Schedule III, Potentially Transforming U.S. Cannabis Industry

U.S. President Donald Trump said he is considering an executive order to reclassify marijuana as a less dangerous drug, a move that could significantly reshape federal cannabis policy and the broader marijuana industry. If...

Sydney Bondi Beach Shooting Sparks Calls for Stronger Protection of Jewish Community in Australia

Israels ambassador to Australia has urged the federal government to strengthen protections for Jewish communities following a deadly mass shooting at a Hanukkah festival near Sydneys Bondi Beach. The attack, which occurred...

European Leaders Launch International Claims Commission to Compensate Ukraine for War Damage

European leaders, including Ukrainian President Volodymyr Zelenskiy, are gathering in The Hague to launch a new International Claims Commission aimed at compensating Ukraine for hundreds of billions of dollars in damage...

U.S. and Mexico Reach New Agreement to Tackle Tijuana River Sewage Crisis

The United States and Mexico have signed a new bilateral agreement aimed at addressing the long-standing Tijuana River sewage crisis, according to a statement released Monday by the U.S. Environmental Protection Agency...

Ukraine Claims First-Ever Underwater Drone Strike on Russian Missile Submarine

Ukraine said on Monday that it successfully struck and disabled a Russian missile-carrying submarine at a Black Sea naval base using underwater sea drones, marking what Kyiv described as a historic first in naval warfare....

Science

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...

Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures

iRobot, the company behind the popular Roomba robotic vacuum cleaner, has filed for Chapter 11 bankruptcy protection in the United States as it prepares to go private through an acquisition by Picea Robotics, its primary...

Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges

Nvidia is evaluating whether to expand production capacity for its powerful H200 artificial intelligence chips after demand from Chinese customers significantly exceeded current supply, according to multiple sources...

SpaceX Begins IPO Preparations as Wall Street Banks Line Up for Advisory Roles

SpaceX has reportedly begun the early stages of preparing for a potential initial public offering (IPO), marking a significant milestone for the private aerospace company founded by Elon Musk. According to a report from...

SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation

SpaceX, the aerospace company founded by Elon Musk, has reportedly authorized an insider share sale that places its valuation at approximately $800 billion, according to a Bloomberg News report published Friday. The move...

Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand

Mizuho Securities has raised its price target on Broadcom Inc. (NASDAQ: AVGO), highlighting accelerating momentum in the companys artificial intelligence business and a rapidly expanding long-term backlog. The brokerage...