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FxWirePro: BTC/USD trades flat, good to buy at dips

Mar 16, 2016 08:06 am UTC| Technicals Digital Currency

Major resistance - $425 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 long as support $370 holds. On...

Silver remains well supported above $15.20, good to buy on dips

Mar 16, 2016 07:39 am UTC| Technicals

Pair is currently trading at $15.25 levels. It made intraday high at $15.29 and low at $15.21 levels. Intraday bias remains bullish for the moment. On the top side, key resistance level falls at $15.56...

GBP/JPY faces strong support around 159.50, break below targets 158/156.50

Mar 16, 2016 07:34 am UTC| Technicals

Major support 159.50 Major intraday resistance 160.50 (7 day 4 H EMA) The pair has slightly recovered till 160.45 after making a low of 159.54. It is currently trading around 159.94. Any break below 159.50...

CAD/JPY takes support near trend line, jump till 86.25 is possible

Mar 16, 2016 07:27 am UTC| Technicals

Major support -84.16 (trend line joining 82.77 and 83.67) Major resistance 85 The pair has taken support around trend line and recovered from that level. It is trading around 84.86. Short term trend is...

FX Hedging Strategy Series

FxWirePro: Aussie dollar likely to drift lower after RBA minutes and Fed - Gear up with debit spreads for fresh hedging

Mar 16, 2016 07:15 am UTC| Technicals

The APAC currencies (Australian and New Zealand dollar) moved lower against their U.S. counterpart on yesterday, after the Reserve Bank of Australia indicated the likelihood for additional rate cuts as businesses seem edgy...

USD/INR hovers around key resistance at 67.37, intraday bias remains neutral

Mar 16, 2016 06:55 am UTC| Technicals

Pair is currently trading at 67.40 levels. It made intraday high at 67.44 and low at 67.33 levels. Intraday bias remains neutral for the moment. A daily close above 67.37 is required for the some more upside...

FxWirePro: AUD/CAD extends range trade below strong trendline resistance

Mar 16, 2016 06:46 am UTC| Technicals

AUD/CAD was rejected by strong trendline resistance at 1.0035 on Monday and is extending downside to currently trade at 0.9967. The pair has been rejected multiple times at strong trendline resistance and any...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

Chinas central bank has continued to strengthen its gold reserves, extending its buying streak to a 15th consecutive month in January, according to the latest data released by the Peoples Bank of China (PBOC). The move...

Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

President Donald Trump has signed a landmark executive order removing the 25% penalty tariff on Indian goods, signaling a major shift in U.S.India trade relations and global geopolitical alignment. The move functions as...

Trump Signs Executive Order Threatening 25% Tariffs on Countries Trading With Iran

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U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains

The United States and India have taken a significant step toward a long-anticipated bilateral trade agreement by releasing an interim trade framework aimed at lowering tariffs, reshaping energy ties, and strengthening...

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Politics

Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges

A federal grand jury has returned an indictment against a 33-year-old Ohio man accused of threatening to kill U.S. Vice President JD Vance during the vice presidents visit to the Ohio region in January, according to the...

New York Legalizes Medical Aid in Dying for Terminally Ill Patients

New York has officially joined a growing number of U.S. states allowing medical aid in dying after Governor Kathy Hochul signed landmark legislation into law on Friday. The new New York medical aid in dying law permits...

Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

U.S. President Donald Trump said on Friday that very good talks are ongoing regarding Russias war in Ukraine, signaling potential movement in long-running diplomatic efforts to end the conflict. Speaking briefly to...

China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

China has issued a strong warning to the United States, signaling that any additional arms sales to Taiwan could seriously jeopardize U.S. President Donald Trumps planned visit to China in April. According to a report...

Trump Allows Commercial Fishing in Protected New England Waters

U.S. President Donald Trump has signed a proclamation permitting commercial fishing in a previously restricted marine protected area off the coast of New England, a move that has sparked renewed debate over ocean...

Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

NASA has confirmed that the agency, in coordination with SpaceX, is targeting no earlier than 5 p.m. Eastern Time (2200 GMT) on Wednesday, January 14, for the undocking of the SpaceX Crew-11 mission from the International...

Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

Elon Musks brain-computer interface company Neuralink is preparing for a major expansion, announcing plans to begin high-volume production of its brain implant devices and transition to a fully automated surgical procedure...

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...

Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

Major PC manufacturers including HP, Dell, Acer, and Asus are reportedly exploring the option of sourcing memory chips from Chinese semiconductor companies for the first time, as a prolonged global supply crunch continues...

OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

OpenAI is significantly accelerating its enterprise AI strategy by hiring hundreds of new employees for its technical consulting division, according to a report by The Information, citing a person familiar with the...

SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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