Breaking News, Business, Financial and Economic News, World News from EconoTimes

Become a contributor

Bookmark Econotimes

Technicals

Mon, Aug 10, 2026 12:03 AM All times are UTC

Follow Series

©Econometrics LLC . All Rights Reserved.

FxWirePro:EUR/USD faces strong resistance at 1.08200, good to sell on rallies

Dec 06, 2016 08:00 am UTC| Technicals

Major resistance- 1.08200 The pair jumped sharply till 1.07961 after making a low of 1.05047 yesterday. It is currently trading around 1.07498. It should break above 1.08200 for further bullishness. Any break...

FxWirePro: AUD/JPY capped below weekly 100-SMA, break above needed for further upside

Dec 06, 2016 07:56 am UTC| Technicals

AUD/JPY has broken major trendline resistance at 84.50. Upside remains capped by weekly 100-SMA at 85.60. Breakout above needed for further upside. AUD bulls unimpressed by RBAs status-quo, remain largely muted...

FxWirePro: GBP/JPY faces strong intraday support at 144, good to buy on dips

Dec 06, 2016 07:53 am UTC| Technicals

Major support 144.20 (55- H EMA) GBP/JPY has taken support near 55- H MA and started to jump from that level. It is currently trading around 145.39. The intraday trend is slightly bullish as long as support 144...

FxWirePro: AUD/NZD holds major trendline support at 1.0415, weakness only on break below

Dec 06, 2016 06:49 am UTC| Technicals

AUD/NZD is holding major trendline support at 1.0415. Upside in the pair was capped at 20-DMA at 1.0514. Momentum studies are weak with RSI below 50 levels. Break below trendline (currently) at 1.0415 will...

FxWirePro: Kiwis dollar prolongs rallies despite back-to-back hanging man formation, upswings likely to extend upon bullish crossover DMAs and MACD

Dec 06, 2016 06:24 am UTC| Technicals

The pair has been consistently been bouncing back after testing support at 0.6959. The current prices spike above DMAs despite back-to-back hanging man candle patterns at 0.7088, 0.7139 and now again todays candle seems...

FxWirePro:Gold struggles to close above 7- day MA ,good to sell on rallies

Dec 06, 2016 05:56 am UTC| Technicals

Gold continued its losing streak and breaks major support $1160 declined till $1156.98. The yellow metal is trading weak on account of strong U.S dollar and Fed rate hike fears. But the Italian no vote referendum...

FxWirePro: EUR/AUD struggles at 50-DMA, breakout above to test 1.4575 levels

Dec 06, 2016 05:53 am UTC| Technicals

EUR/AUD has broken minor trendline support at 1.4325. The pair is currently struggling to break above 50-DMA at 1.4407. Technical studies are bullish, we see scope for test of 1.4575 on breakout above...

6391 6392 6393 6394 6395 6396 6397 6398 6399 6400

Economy

US Yen Intervention Unlikely to Deliver Lasting Recovery, Yardeni Says

U.S. efforts to strengthen the Japanese yen may offer only temporary relief as Japans fiscal policies, wide interest-rate gap with the United States, and preference for a weaker currency continue to pressure the yen,...

Iran-Oman Near Strait of Hormuz Deal as Shipping Tensions Persist

Iran and Oman are nearing an agreement on shipping through the Strait of Hormuz, but Tehran says a bilateral deal alone will not be enough to fully reopen the critical global energy route. Iranian Foreign Minister Abbas...

Trump Unveils $3 Billion U.S. Critical Minerals Push

President Donald Trump announced roughly $3 billion in U.S. government investments and financing for critical minerals, battery materials and mining projects, part of a broader effort to strengthen domestic production and...

Oil Prices Set for Steep Weekly Losses as Hormuz Deal Stalls

Oil prices fluctuated on Friday and remained on course for sharp weekly declines as uncertainty surrounding a potential agreement to reopen the Strait of Hormuz continued to drive volatility across global energy markets....

Gold Prices Surge 7% as Dollar Falls, Fed Rate Hike Bets Ease

Gold prices rallied sharply on Friday, putting the precious metal on track for its strongest weekly performance since late January as a weaker U.S. dollar, lower oil prices and softer Federal Reserve rate hike expectations...

Politics

Germany Warns of Daily Hybrid Warfare Threats

Germany is facing foreign hybrid warfare operations on a daily basis, Interior Minister Alexander Dobrindt has warned after authorities discovered an explosive-carrying drone at Leipzig/Halle Airport. Dobrindt said hostile...

ICE to Complete Nationwide Body Camera Rollout by End of August

U.S. Immigration and Customs Enforcement (ICE) will equip all officers and agents working in the field with body-worn cameras by the end of August, accelerating a nationwide rollout that was initially expected to take...

Joe Biden’s Prostate Cancer Has Spread Further, Hunter Biden Says

Former U.S. President Joe Bidens prostate cancer has spread beyond his bones and is causing significant pain, according to his son, Hunter Biden, who discussed his fathers health in a BBC interview. Speaking to the BBCs...

Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

U.S. Senate Majority Leader John Thune has taken a key step toward advancing the Clarity Act, a major cryptocurrency regulation bill that could establish the first comprehensive federal framework for the U.S. crypto...

Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

Taiwan President Lai Ching-te observed coastal strike drills on Saturday as the island continued its annual Han Kuang military exercises, designed to strengthen Taiwans defence readiness against a potential Chinese attack....

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

Technology

Nvidia Seen Beating Q2 Targets as Vera Rubin Cycle Begins

Nvidia (NVDA) could enter a multi-quarter growth cycle as shipments of its next-generation Vera Rubin AI chips begin, with BofA Global Research forecasting stronger-than-expected quarterly results and maintaining a bullish...

OpenAI Restricts Astra AI Over Cyberattack Risks

OpenAI has reportedly restricted parts of the development of its next-generation AI model, code-named Astra, after early evaluations indicated the system could potentially carry out sophisticated cyberattacks with limited...

Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

Nvidia is reportedly preparing to invest as much as $3 billion in Lancium, a Blackstone-backed power infrastructure developer involved in the Stargate artificial intelligence infrastructure initiative, as demand for...

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

Meta Platforms Inc. has been ordered to pay $567 million into a fund designed to address harm to young people, in a major legal ruling involving child safety on Facebook and Instagram. Judge Bryan Biedscheid of New Mexicos...

Nintendo Shares Jump as Switch 2 Sales Boost Earnings

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...