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Silver faces key resistance at $15.77, a break will targets $16.34/$17.75 marks

Mar 08, 2016 10:12 am UTC| Technicals

XAG/USD is currently trading around $15.60 marks. It made intraday high at $15.71 and low at $15.46 levels. Intraday bias remains slightly bullish till the time pair holds immediate support level at $15.46...

US Dollar Index breaks major support 97, decline till 95.60 is possible

Mar 08, 2016 09:57 am UTC| Technicals

Major resistance -97.60 (55 day 4 H EMA) Major support - 97 DXY has broken major support 97 and declined till 96.90 at the time of writing. It is currently trading around 96.94. Short term trend is bearish...

FxWirePro: EUR/AUD sees strong resistance at 1.4893, breaks above could test 1.50

Mar 08, 2016 09:24 am UTC| Technicals

EUR/AUD has edged lower from session highs at 1.4893, which is strong resistance for the pair. Techs on 4-hourly charts are biased higher, and breaks above 1.4893 could take the pair to 1.50 levels. Immediate...

FxWirePro: GBP/AUD breaks strong resistance at 1.9110, focus on BoE Gov Carney's testimony

Mar 08, 2016 08:55 am UTC| Technicals

GBP/AUD has broken strong trendline resistance at 1.9110 levels, we see scope for test of 0.93 levels. The pair has hit session highs at 1.9238 and edged lower to currently trade at 1.9163 levels. Strong support...

BTC/USD trades well above $400, jump till $425/$450 is possible

Mar 08, 2016 08:51 am UTC| Technicals

Major Support - $370 BTC/USD has recovered till $415 after making a low of $382. It is trading around $412.34. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

FX Hedging Strategy Series

FxWirePro: Use EUR/AUD's any abrupt upswings ahead of ECB's monetary policy for hedging euro's downside risks

Mar 08, 2016 08:21 am UTC| Technicals

The ECB has indicated a extra relaxation in monetary policy at its upcoming meeting day after tomorrow. But during Decembers under-deliverance highlights the risk of another disappointment, the deteriorating economic...

FX Hedging Strategy Series

FxWirePro: EUR/AUD's shooting star signals stern weakness, breaks support at 1.4855 - leverage profits from one touch binary put on pivot point

Mar 08, 2016 08:05 am UTC| Technicals

A shooting star candle pattern occurred at 1.5223 levels on monthly plotting, more bearish swings have been evidenced as a confirmation (see next bear candle after this pattern). The pair has been tumbling to break...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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

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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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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

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

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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

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

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

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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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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