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Wed, Dec 17, 2025 05:28 AM All times are UTC

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FxWirePro: GBP/JPY faces minor support around 172.95, good to buy at dips

Feb 02, 2016 07:01 am UTC| Technicals

Major support - 172.95 (55 day H EMA) The pair has declined till 173.14 at the time of writing and started to recover from that level. Intraday trend is slightly bullish as long as support 172.95 holds. On the higher...

FX Hedging Strategy Series

FxWirePro: Delta risk reversal signals AUD/USD’s bearish trend and HY ATM IV intensifies selling momentum

Feb 02, 2016 06:44 am UTC| Technicals

Delta risk reversals of AUDUSD: After the momentary upswings to 0.7141 (lower highs), the OTC market sentiments appeared to be more bias towards downward direction, the pair over all time horizon shows more weakness as the...

FX Hedging Strategy Series

FxWirePro: Gravestone Doji after AUD/USD’s interim rallies, downtrend to resume – speculate via vega spreads on HY vols

Feb 02, 2016 06:16 am UTC| Technicals

No traces of recovery on AUDUSD monthly charts, while conducting the long term trend analysis of this pair, it has still been a weaker and a clear prolonged downtrend, this has still been evident even on daily and weekly...

FxWirePro:GBP/CAD faces trend line resistance around 2.0185, good to sell on rallies

Feb 02, 2016 06:09 am UTC| Technicals

Candlestick Pattern- Shooting star Major trend line resistance -2.01850 (trend line joining 2.0369 and 2.02779) The pair has made a high of 2.01844 and started to decline from that level. It is currently trading...

FxWirePro: NZD/USD unable to extend gains beyond 0.6559, strong resistance zone, good to short rallies

Feb 02, 2016 06:05 am UTC| Technicals

0.6559 is strong resistance levels and NZD/USD has been rejected at those levels, has edged lower and is currently trading at 0.6521. Techs on 4-hourly charts show scope for further downside, Stochs have rolled over...

USD/CHF Intraday outlook

Feb 02, 2016 05:53 am UTC| Technicals

Pair is currently trading around 1.0182 levels. It made intraday high at 1.0201 levels and low around 1.0177 levels. Intraday bias remains bearish below 1.0256 levels. Strong resistance below 1.0327 to bring...

Call update: NZD/USD hits targets, advise booking full profits

Feb 02, 2016 05:43 am UTC| Technicals

Our previous call (http://www.econotimes.com/FxWirePro-NZD-USD-takes-trendline-support-at-06450-good-to-buy-dips-152802) has acheived targets. We advise booking full profits and exiting...

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Economy

Japan Exports to U.S. Rebound in November as Tariff Impact Eases, Boosting BOJ Rate Hike Expectations

Japans exports to the United States rebounded in November for the first time in eight months, signaling that the impact of U.S. tariffs on the Japanese economy may be easing and strengthening expectations that the Bank of...

Singapore Growth Outlook Brightens for 2025 as Economists Flag AI and Geopolitical Risks

Economists have upgraded their forecasts for Singapores economic growth in 2025, while anticipating a moderation in momentum the following year, according to the latest survey of forecasters released by the Monetary...

RBA Unlikely to Cut Interest Rates in 2026 as Inflation Pressures Persist, Says Westpac

The Reserve Bank of Australia (RBA) is now unlikely to cut interest rates in 2026, according to updated forecasts from Westpac, as inflation remains stubbornly elevated and insufficient to shift the central banks hawkish...

U.S. Dollar Steadies Near October Lows as Rate Cut Expectations Keep Markets on Edge

The U.S. dollar traded steadily on Wednesday, hovering close to its lowest level since early October as fresh economic data reinforced concerns about a softening labor market and uncertainty over the Federal Reserves next...

Asian Stocks Edge Higher as Tech Recovers, U.S. Economic Uncertainty Caps Gains

Most Asian stocks drifted higher on Wednesday, supported by a mild rebound in the battered technology sector, although persistent uncertainty surrounding the U.S. economy kept overall gains in check. Regional equity...

Politics

Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Federal Judge Declines to Immediately Halt Trump’s $300 Million White House Ballroom Project

A federal judge in Washington signaled on Tuesday that he is unlikely to immediately stop construction of a proposed $300 million White House ballroom, dealing an early setback to preservation advocates challenging the...

European Leaders Tie Ukraine Territorial Decisions to Strong Security Guarantees

European leaders have agreed that any decisions regarding potential Ukrainian territorial concessions to Russia can only be considered once strong and credible security guarantees are firmly in place, according to a joint...

Taiwan Political Standoff Deepens as President Lai Urges Parliament to Withdraw Disputed Laws

Taiwans political crisis has intensified as President Lai Ching-te warned that the islands global credibility and economic competitiveness are at risk, urging parliament to withdraw a series of controversial laws opposed...

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...

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

MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

Shares of Chinese AI chipmaker MetaX Integrated Circuits delivered a stunning market debut, soaring more than 600% above their initial public offering price as domestic investors poured into local semiconductor stocks. The...

Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...

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...