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BTC/USD faces strong resistance around $425, break above targets $465

Mar 17, 2016 09:00 am UTC| Technicals

Major resistance - $425 (trend line joining $447 and $440) BTC/USD is consolidating between $421.59 and $406 for the past three trading session. It is trading around $414. Short term trend is slightly bullish as...

Silver remains well supported below key resistance at $15.72, intraday bias remains bullish

Mar 17, 2016 08:54 am UTC| Technicals

XAG/USD is currently trading at $15.68 levels. It made intraday high at $15.69 and low at $15.52 levels. Intraday bias remains bullish for the moment. On the top side, key resistance level falls at $15.72...

FX Hedging Strategy Series

FxWirePro: GBP/AUD IVs mounting, striking balance in PRBS (3:2) on HY vols optimizes hedging motives in robust downtrend

Mar 17, 2016 08:46 am UTC| Technicals

Aussie prints upbeat numbers in unemployment at 5.8% in Feb, reduced from previous 6%, whereas the jobless claims in U.K. remained unchanged. While last recent NABs business confidence survey in Australia remains at 3...

Russian Rouble continues to gain against US dollar, hits 2 month high

Mar 17, 2016 08:38 am UTC| Technicals

USD/RUB is currently trading at 68.2338 levels. It made intraday high at 69.7355 and low at 68.2264 levels. Intraday bias remains bearish till the time pair holds key resistance at 71.7225 levels. The key...

USD/INR hits fresh 2–month low, likely to fall further

Mar 17, 2016 07:52 am UTC| Technicals

Pair is currently trading at 66.73 levels. It made intraday high at 66.95 and low at 66.72 levels. Intraday bias remains bearish for the moment. Pair hits fresh 2- month low and likely to break key support...

FX Hedging Strategy Series

FxWirePro: GBP/AUD bear travel on verge of 50% fibo after breach of crucial supports - no other way but binary puts to rescue from dips

Mar 17, 2016 07:49 am UTC| Technicals

Breaches below crucial supports at 2.0054 and 1.9309 may expose towards 50% retracement, bears can load weights in short as selling momentum is confirmed by leading oscillators. You see the pair also clears the sloping...

DAX30 breaks major resistance at 10000, targets 10400

Mar 17, 2016 07:33 am UTC| Technicals

Major resistance 10041 (14th Mar 2016 high) Major support -9880 The index has broken major resistance 10041 and jumped till 10059 at the time of writing. It is currently trading around 10054. Short term...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

Russian stocks finished mixed after the close of trading in Moscow on Saturday, with the MOEX Russia Index ending the session unchanged at 0.00%. Market sentiment remained cautious as gains in select energy and utility...

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

U.S. President Donald Trump traveled to the battleground state of North Carolina on Friday to defend his economic policies and reassure voters that the U.S. economy remains on solid footing, as concerns grow ahead of a...

EU Approves €90 Billion Ukraine Aid as Frozen Russian Asset Plan Stalls

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Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

Australia marked a national day of reflection on Sunday to honour the victims of a deadly gun attack that struck a Hanukkah celebration at Sydneys Bondi Beach a week earlier, killing 15 people and injuring dozens more. The...

Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

The Venezuelan government has strongly condemned the seizure of a new oil tanker near its coast, accusing the United States of committing what it described as a serious act of international piracy. In an official statement...

Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

Tens of thousands of Bangladeshis gathered in Dhaka on Saturday to attend the funeral of Sharif Osman Hadi, a slain youth leader and election candidate whose killing has intensified political unrest ahead of the countrys...

U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

The United States has intercepted an oil tanker in international waters near Venezuela, intensifying tensions just days after President Donald Trump announced a total and complete blockade of sanctioned oil shipments...

Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

Alphabets Google and Apple have advised certain employees working in the United States on temporary visas to avoid international travel, as visa stamping delays at U.S. embassies and consulates can now stretch up to 12...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

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...

Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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