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Sat, Apr 11, 2026 02:03 AM All times are UTC

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FX Hedging Strategy Series

FxWirePro: USD/TRY short term bearish potential intensifies after shooting star formation and breach below neckline of H and S pattern

Apr 21, 2016 08:27 am UTC| Technicals

Trend: Bullish in short term and Bearish in long term. We run you through emphasizing long term trend analysis. USDTRY bearish momentum seems stronger after breaking major support levels. Firstly, breaking after...

FxWirePro: Go long on EUR/NOK around 9.18 with stop loss at 9.1667 and target of 9.2630

Apr 21, 2016 08:22 am UTC| Technicals

EUR/NOK is currently trading at 9.1840 levels. It made intraday high at 9.1945 and low at 9.1519 levels. Intraday bias remains bullish till the time pair holds key support level at 9.1667. Alternatively, a...

FxWirePro: South African rand erases previous gain against US dollar, good to buy on dips

Apr 21, 2016 07:19 am UTC| Technicals

Pair is currently trading at 14.26 marks. It made intraday high at 14.26 and low at 14.19 levels. Intraday bias remains bullish till the time pair holds key support level at 14.16 levels. A sustained break...

USD/CHF breaks major resistance at 0.9690, targets 0.97800/0.9800

Apr 21, 2016 07:15 am UTC| Technicals

Major resistance- 0.9690 Major support - 0.9630 The pair has broken major resistance 0.9690 and jumped till 0.9733.It is currently trading around 0.9704. Intraday trend is bullish as long as support 0.9630...

FX Hedging Strategy Series

FxWirePro: ATM delta instruments in hedging USD/TRY FX risks via diagonal spreads

Apr 21, 2016 07:13 am UTC| Technicals

Technically, USDTRY bearish momentum stronger after breaking support at 2.8218 levels, today even though pair is spiking the current prices have been well below DMAs and 7DMA crosses over below 21DMA which is still a sell...

FxWirePro: EUR/AUD breaks trendline support at 1.4505, bias lower

Apr 21, 2016 07:01 am UTC| Technicals

EUR/AUD extends slump, breaks strong trendline support at 1.4505, bias remains lower. ECB policy meet due later today is the major risk event for the pair. Policy is likely to be kept unchanged. Focus shall be on...

GBP/JPY faces major resistance at 158, break above targets 160/162.50 is possible

Apr 21, 2016 06:48 am UTC| Technicals

Major resistance- 158 Major support -155.75 (Resistance turned into support) The pair has broken minor resistance 157.20 and jumped till 157.87. It is currently trading around 157.45. Intraday trend is...

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Economy

Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty

Most Asian currencies slipped slightly on Friday but remained on track to close the week in positive territory, as traders adopted a cautious stance ahead of the U.S. March Consumer Price Index (CPI) release and monitored...

U.S. Inflation Surges in March as Iran War and Tariffs Drive Prices Higher

Marchs Consumer Price Index is expected to post its sharpest monthly increase in nearly four years, driven by skyrocketing oil prices tied to the U.S.-Iran conflict and the ongoing ripple effects of import tariffs. The...

Asian Stocks Rally on Ceasefire Hopes and Bargain Buying

Asian equity markets climbed higher on Friday, driven by cautious optimism surrounding ceasefire negotiations between Iran and the United States. Regional benchmarks were also on track to close out the week with strong...

White House Warns Staff Over Insider Trading Amid Suspicious Oil Market Bets

The White House issued an internal warning to staff on March 24, cautioning employees against exploiting their government positions to gain an unfair advantage in financial futures markets. The directive came just one day...

U.S. Futures Slip as Iran Ceasefire Uncertainty and CPI Data Weigh on Markets

U.S. stock index futures edged slightly lower Thursday evening as investors exercised caution ahead of high-stakes ceasefire negotiations between Washington and Tehran, while bracing for a closely watched inflation report....

Politics

Trump's Iran Ceasefire Deal: What Really Happened Behind the Scenes

President Donald Trumps ceasefire agreement with Iran almost came with a dramatic national televised address but senior White House advisers quietly shut the idea down. According to three U.S. officials who spoke to...

JD Vance Heads to Islamabad for High-Stakes U.S.-Iran Peace Talks

JD Vance is set to lead U.S. diplomatic negotiations with Iranian officials in Islamabad on Saturday, marking the first direct talks between the two nations since the war erupted on February 28. His involvement comes after...

Global Elections 2026: What Investors and Markets Are Watching

Political uncertainty is sweeping the globe in 2026, with a series of high-stakes elections poised to reshape economic policies and rattle financial markets. From Eastern Europe to South America, investors are keeping a...

Xi Jinping and KMT's Cheng Li-wun Meet in Beijing Amid Cross-Strait Tensions

Chinese President Xi Jinping met with Kuomintang (KMT) Chairwoman Cheng Li-wun in Beijing on Friday, emphasizing that people on both sides of the Taiwan Strait share a common Chinese identity and that the future of...

Pilots Fear Retaliation for Refusing Middle East Flights Amid Ongoing Conflict

Airline pilots expressing safety concerns about flying through Middle Eastern airspace are reportedly facing threats of lost wages or termination if they decline assignments, according to Ron Hay, president of the...

Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

Technology

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...

Anthropic's Mythos AI Model Sparks Emergency Cybersecurity Meeting With Top U.S. Bank CEOs

U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell convened an urgent closed-door meeting with the chief executives of Americas largest banks this week, warning them about serious cybersecurity...

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

Bank of America has spotlighted a select group of Asia-Pacific semiconductor companies well-positioned to ride the wave of surging artificial intelligence chip demand, with Taiwan Semiconductor Manufacturing Company...

China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

Chinese artificial intelligence stocks continued their remarkable rally on Thursday, with Zhipu AI and MiniMax Group posting strong gains in Hong Kong trading as a wave of new model launches and product announcements...