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FX Hedging Strategy Series

FxWirePro: GBP/CAD to restrain in range - naked strangle shorts to derive certain yields

Mar 14, 2016 12:00 pm UTC| Technicals

IVs of 1M GBPCAD ATM contracts have been stagnant which in turn a cause of concern as to whether spot FX would move in sync with vols or not. Because sterling holding stronger from the end of last month and continued...

Cable Trade idea

Mar 14, 2016 11:52 am UTC| Technicals

Major resistance - 1.4400 (55 day EMA) Major support - 1.4345 (3 day EMA) The pair has made a high of 1.44363 and slightly retreated from that level. It is currently trading around 1.43810. Cable is facing...

CHF/JPY struggles to break above 116, decline till 113.50 is possible

Mar 14, 2016 11:13 am UTC| Technicals

Major support - 115.25 ( trend line joining 111.88 and 113.18) The pair has retreated after making a high of 115.92. It is currently trading around 115.04. The pair has broken major support 115.25 and declined...

FxWirePro: CAD/JPY faces strong resistance around 86.25, good to sell on rallies

Mar 14, 2016 09:21 am UTC| Technicals

Major resistance 86.25 (trend line joining 85.76 and 86.13) Major Support 84.50 CAD/JPY has retreated after making a high of 86.25. It is currently trading around 85.68. CAD/JPY faces strong resistance...

FX Hedging Strategy Series

FxWirePro: CAD/JPY fails to test even minor resistance at 86.378, long term downtrend likely to prolong – rosy times for speculators via binary puts

Mar 14, 2016 09:02 am UTC| Technicals

Technical roundup: We could foresee weakness in CADJPY when we consider the intermediate and long term trend of this pair. Bearish appearances as it has failed to even extend upto minor resistance at 86.378 levels...

FxWirePro: AUD/CAD capped below 1.00 handle, breaks above could see upside till 1.0170

Mar 14, 2016 08:59 am UTC| Technicals

AUD/CAD was rejected by strong trendline resistance at 1.0040 and is extending downside to currently trade at 0.9982. The pair has strong support at 0.9960 (5-DMA) and breaks below will find next support at 0.9933...

DAX30 faces strong resistance around 10000, break above targets 10400

Mar 14, 2016 08:51 am UTC| Technicals

Major resistance 10000 Major support 9800 (7 day 4 H EMA) The index has recovered after making a low of 9396. It is currently trading around 9950. DAX30 is facing major resistance around 10000 and any...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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Politics

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

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

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

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

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

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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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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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

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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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