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FxWirePro: CAD/JPY struggles to close above 93, good to sell on rallies

Nov 20, 2015 07:09 am UTC| Technicals

CAD/JPY has once again retreated after making a high of 93.07. It is currently trading around 92.35. It is facing strong resistance around 93.25 (Oct 9th high). Short term trend reversal only above 93.25. The pairs...

USD/JPY breaks minor support 122.80, decline till 122 is possible

Nov 20, 2015 06:26 am UTC| Technicals

Potential reversal Zone -122.80 (trend line joining 120.25 and 122.22) The pair has broken this level and declined till 122.62 and is currently trading around 122.75 Intraday trend is positive as long as...

FX Hedging Strategy Series

FxWirePro: EUR/JPY ATM puts seem costlier - buy risk reversal preferring PRBS i/o option strips

Nov 20, 2015 06:22 am UTC| Technicals

Please be informed that how delta risk reversal numbers are getting higher negative values gradually in a long run (flashing at -1.85 for 1 year expiries). Simultaneously, observe IV factor also for ATM contracts with...

FxWirePro: GBP/JPY forms Bearish Anti Shark Pattern, good to sell on rallies

Nov 20, 2015 05:52 am UTC| Technicals

Harmonic Pattern Formed- Bearish Anti Shark Pattern Potential Reversal Zone (PRZ) -189 GBP/JPY has made a high of 188.80 and declined till 187.59 from that level. Overall trend is bearish as long as resistance 189...

BTC/USD to decline further as EU targets Bicoin, sell on rallies

Nov 20, 2015 03:54 am UTC| Technicals

BTC/USD has broken minor support $325 and declined till $310.I t is currently trading at $314. Bitcoin is expected to decline further as EU toclamp down on bitcoin transaction after paris attack to stop terrorism...

Wired and tired: why parents should take technology out of their kid's bedroom

Nov 19, 2015 23:55 pm UTC| Technicals Insights & Views

Rachel Buchanan, Lecturer in Education, University of Newcastle Australian children are among the youngest users of the internet in the world, starting as young as eight years old. Whether theyre using mobile phones,...

FxWirePro: USD/JPY approaching support level at 122.60, buy deal are recommended around 122.30

Nov 19, 2015 17:10 pm UTC| Technicals

USD/JPY has slipped back towards 122.71 levels, after failing to hold above 123.00 levels, after a brief bullish surge towards 123.73 yesterday. The pair may extend its weakness up to 122.00 (61.8% Fib retracement...

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Economy

Beyond the spin, beyond the handouts, here’s how to get a handle on what’s really happening on budget night

Three weeks from now, some of us will be presented with a mountain of budget papers, and just about all of us will get to hear about them on radio, TV or news websites on budget night. The quickest way to find out what...

Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility

Ivan Vladislavić is Johannesburgs literary linkman. He tells us, in the first pages of his new book, The Near North, that before cities were lit, first by gaslight and later electricity, people of means paid torchbearers...

Why is the London Stock Exchange losing out to the US

London Stock Exchange (LSE), which can trace its heritage to the coffee houses of the 17th century, is failing. The volume of shares traded is sharply declining, and some UK companies are swiftly moving to the US...

Why Germany ditched nuclear before coal – and why it won’t go back

One year ago, Germany took its last three nuclear power stations offline. When it comes to energy, few events have baffled outsiders more. In the face of climate change, calls to expedite the transition away from fossil...

What if the Reserve Bank itself has been feeding inflation? An economist explains

Heres something for the board of the Reserve Bank of Australia to ponder as it meets next month to set interest rates. It has pushed up rates on 13 occasions since it began its attempt to restrain inflation in May...

Politics

Labour can afford to be far more ambitious with its economic policies – voters are on board

To say that the Labour party is flying high in the polls is something of an understatement. But despite its consistent lead against the Tories, the opposition finds itself in a rather odd position: on the cusp of power but...

History for sale: what does South Africa’s struggle heritage mean after 30 years of democracy?

One of my favourite statues is the one of Nelson Mandela at the Sandton City shopping centre in Johannesburg. Larger than life, its oversized bronze shoes shimmer in the evening light, polished by the hands of many...

Sudan: civil war stretches into a second year with no end in sight

In the early hours of April 15 2023, the Rapid Support Forces (RSF) a Sudanese paramilitary force attacked the military airstrip in the town of Merowe and deployed troops across strategic locations in Sudans capital,...

Joe Biden Proposes Record 44.6% Capital Gains Tax in Latest Budget Plan That May Favor Cryptocurrencies

President Joe Biden has proposed raising the capital gains tax to an unprecedented 44.6% in a bold fiscal move, targeting the wealthiest Americans. This hike is part of his 2025 budget proposal to reduce income...

Turkey’s suppression of the Kurdish political movement continues to fuel a deadly armed conflict

The world has 91 democracies and 88 autocracies. Yet 71% of the worlds population (some 5.7 billion people) are living under autocratic rule, a big jump from 48% ten years ago. This trend towards authoritarianism can...

Science

A Nasa rover has reached a promising place to search for fossilised life on Mars

While we go about our daily lives on Earth, a nuclear-powered robot the size of a small car is trundling around Mars looking for fossils. Unlike its predecessor Curiosity, Nasas Perseverance rover is explicitly intended to...

The rising flood of space junk is a risk to us on Earth – and governments are on the hook

A piece of space junk recently crashed through the roof and floor of a mans home in Florida. Nasa later confirmed that the object had come from unwanted hardware released from the international space station. The 700g,...

Peter Higgs was one of the greats of particle physics. He transformed what we know about the building blocks of the universe

Peter Higgs, who gave his name to the subatomic particle known as the Higgs boson, has died aged 94. He was always a modest man, especially when considering that he was one of the greats of particle physics the area of...

Could a telescope ever see the beginning of time? An astronomer explains

The James Webb Space Telescope, or JWST for short, is one of the most advanced telescopes ever built. Planning for JWST began over 25 years ago, and construction efforts spanned over a decade. It was launched into space on...

US media coverage of new science less likely to mention researchers with African and East Asian names

When one Chinese national recently petitioned the U.S. Citizenship and Immigration Services to become a permanent resident, he thought his chances were pretty good. As an accomplished biologist, he figured that news...

Technology

SHIB Burn Rate Soars 88% Following Major Shibarium Upgrade Announcement

Following a crucial upgrade announcement for Shibarium, Shibburn reports a dramatic 88.32% increase in the SHIB burn rate, removing millions from circulation and significantly boosting Shiba Inu coin holders. SHIB...

Solana Co-Founder Clashes with Vitalik Buterin, Champions Meme Coin Culture

In a bold social media move, Solanas co-founder Raj Gokal defended meme coins and subtly critiqued Ethereums Vitalik Buterin, stirring controversy in the crypto community. Solanas Gokal Defends Meme Coins, Warns...

Tesla Model 3 Performance Price Surges Days After Debut, Cybertruck Powershare Costs Skyrocket

Just days after Tesla released its Model 3 Performance, the company increased its price by $1,000. Meanwhile, a Tesla Cybertruck owner faces a staggering $30,000 quote for a Powershare installation, which would enable his...

Apple Partners with OpenAI for On-Device AI in iOS 18, Enhancing Privacy

Apple Inc. has reignited discussions with OpenAI to integrate advanced AI features into iOS 18, utilizing large language models entirely on-device. According to a Bloomberg report, this move promises to significantly...

Republic First Bank Shut Down by Regulators, Crypto Prices Tumble

In a significant regulatory move, the Pennsylvania Department of Banking and Securities has closed Republic First Bank, marking the first major U.S. bank collapse of 2024. The closure has sparked heated reactions within...