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FxWirePro: WTI crude on verge of retracing 61.8% Fibos on flag patterns – Use OB pressures to cushion long hedge setup

Oct 04, 2018 09:42 am UTC| Research & Analysis Technicals Insights & Views

The WTI crude oil price rallies have extended their recent recovery upto the current $76.26 levels. Technically,WTI crudeon daily plotting forms flag pattern which is bullish in nature formed at $73.44 and $74.87...

FxWirePro :GBPUSD recovers slightly more than 50 pips from low of 1.29215, good to sell on rallies

Oct 04, 2018 08:47 am UTC| Technicals

Ichimoku analysis (8 hour chart) Tenken-Sen- 1.2972 Kijun-Sen - 1.3040 GBPUSD hits low of 1.29215 and shown a good recovery of more than 50 pips from the low. The slight recovery was due to slight...

FxWirePro: XAG/USD trades in narrow range, downside limited

Oct 04, 2018 07:58 am UTC| Technicals

XAG/USD is currently trading around $14.61 marks. It made intraday high at $14.62 and low at $14.54 levels. Intraday bias remains slightly bullish till the time pair holds key support at $14.52 mark. A daily...

FxWirePro: Gold trades lower as US 10 year yield hits multiyear high, good to buy on dips

Oct 04, 2018 07:56 am UTC| Technicals

Major resistance- $1217 The major three factors that drive gold prices US dollar Index: bullish. DXYhas broken major resistance of 95.75 and jumped till 96.12 yesterday. The near term resistance is around 96.32 and...

FxWirePro: NZD/CHF Trade Idea

Oct 04, 2018 07:51 am UTC| Technicals

NZD/CHF chart on Trading View used for analysis FxWirePro Currency Strength Index for NZD/CHF: Bias Bearish FxWirePros Hourly NZD Spot Index was at -100.535 (Bearish) FxWirePros Hourly CHF Spot Index was at 42.9979...

FxWirePro: NZD/CAD grinds lower after break below 88.6% Fib, eyes Aug 2015 lows at 0.8234

Oct 04, 2018 06:54 am UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD hits new 3-year lows at 0.8353, break below 88.6% Fib accentuates weakness. Kiwi sold-off across the board on account of the sharp rise in the treasury...

FxWirePro: Can CAD/JPY gap up formation render new ray of optimism for bulls in major trend? Trade One-touch calls and short hedge

Oct 04, 2018 06:03 am UTC| Technicals

CADJPYforms gap-up opening chart patterns at 88.470 levels (which is bullish in nature) that takes-off price rallies well above DMAs and EMAs on both daily and monthly plotting. Well, with an intention of productively...

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Economy

KOSPI Drops Nearly 5% as Samsung, SK Hynix Lead AI Stock Selloff

South Koreas benchmark KOSPI tumbled nearly 5% on Monday, extending losses after recording its worst monthly decline since the 2008 global financial crisis. Renewed selling in major semiconductor stocks erased much of...

Japanese Yen Rallies as Intervention Hopes and BOJ Outlook Weigh on USD/JPY

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Politics

DOJ Rescinds Anti-Weaponization Fund Ahead of Todd Blanche Senate Confirmation Vote

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Taiwan Says U.S. Military Cooperation Is Stronger Than Many Realize

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Russian Border Drone Strike Kills Child in Belgorod, Injures Two Others

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China Defends Industrial Policy Ahead of Key U.S. and EU Trade Talks

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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

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Technology

Meta Cuts Wipro Outsourcing by 25% After AI-Led Restructuring

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Alibaba Stock Jumps as Qwen 3.8-MAX AI Model Intensifies China's AI Race

Alibaba Group (HK:9988) shares climbed sharply on Monday after the company introduced Qwen 3.8-MAX, the newest version of its flagship artificial intelligence model, highlighting its growing ambitions in the rapidly...

SpaceX Earnings Preview: Bernstein Says 4 Key Factors Will Drive Long-Term Valuation

Space Exploration Technologies Corp. (NASDAQ: SPCX) is set to release its first quarterly earnings report on August 4, but Bernstein believes investors should focus less on the financial results and more on managements...

AI Data Center Boom Faces New Risks as Public Backlash and Policy Scrutiny Grow

Public opposition to large-scale data center construction is rising sharply, creating new challenges for the artificial intelligence (AI) infrastructure boom, according to Wolfe Research. The firm identified growing voter...

T-Mobile Executives Reportedly Oppose $300 Billion Deutsche Telekom Merger

Senior executives at T-Mobile US have reportedly told parent company Deutsche Telekom that they do not support a proposed $300 billion merger between the two companies, citing shareholder resistance and potential...
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