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GBP/CAD Trade Idea

Jan 18, 2016 12:05 pm UTC| Technicals

Harmonic Pattern- Bearish BAT Pattern Potential Reversal Zone (PRZ) -2.0950 GBP/CAD has made a high of 2.0920 and started to decline from that level. Overall trend is weak as long as resistance 2.0950 holds. On the...

FxWirePro: GBP/CAD forms bearish Bat Pattern, good to sell on rallies

Jan 18, 2016 10:47 am UTC| Technicals

Harmonic Pattern- Bearish BAT Pattern Potential Reversal Zone (PRZ) -2.0950 GBP/CAD has made a high of 2.0920 and started to decline from that level. Overall trend is weak as long as resistance 2.0950...

FX Hedging Strategy Series

FxWirePro: EUR/USD whipsaws on higher IVs and risk reversal keeps put writers on competitive advantage

Jan 18, 2016 10:38 am UTC| Technicals

We reckon EUR/USD downtrend likely to move in narrow range based on following reasoning. When the observation on higher implied volatilities was coupled with weekly technical analysis, it triggers some sentiments for...

FxWirePro: FTSE100 faces strong resistance around 6000, good to sell on rallies

Jan 18, 2016 09:51 am UTC| Technicals

Major Support - 5700 The index has made a low of 5737 and started to recover from that level. It is currently trading around 5821. Short term trend is weak as long as resistance 6000 holds. Any break above...

FxWirePro: DAX faces strong support at 9300, good to buy at dips

Jan 18, 2016 07:56 am UTC| Technicals

Major support: 9300 (29th Sep low) DAX has made a low of 9410 and slightly recovered from that level. It is currently trading around 9562. Short term trend is slightly bullish as long as support 9300 holds. Any...

FxWirePro: USD/RUB hits new multi-month highs after gap-up open, good to go long around 78.20, TP: 79.50

Jan 18, 2016 07:51 am UTC| Technicals

USD/RUB saw a gap up open today and has extended gains to hit fresh multi-month highs at 78.9450. Russian rouble is giving away further ground after crude oil prices have accelerated their downside today. Oil...

FX Hedging Strategy Series

Euro equity inflows shift gears of EUR/USD's bearish trend into deceleration pace, can unhedged proportion in 2016 topsy-turvy for FX rate?

Jan 18, 2016 07:48 am UTC| Technicals

The landscape of EURUSD FX markets are constantly changing, particularly in relation with investment inflows: The keen observation is that EURUSD downtrend followed the moment when unhedged equity inflows into the EUR...

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Economy

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Asian Currencies Slip as Dollar Strengthens; Indian Rupee Rebounds on Intervention Hopes

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Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices

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Politics

NSW to Recall Parliament for Urgent Gun and Protest Law Reforms After Bondi Beach Shooting

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Pakistan’s Army Chief Faces Gaza Troop Dilemma Amid US Pressure

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Trump Taps Former DHS Official Troy Edgar for U.S. Ambassador Role in El Salvador

President Donald Trump announced on Tuesday that he intends to nominate Troy Edgar as the next United States ambassador to El Salvador, highlighting the administrations continued focus on strengthening diplomatic and...

Lukashenko Urges Swift Ukraine Peace Deal, Backs Trump’s Push for Rapid Resolution

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Trump Administration Moves to Keep TransAlta Coal Plant Running Amid Rising AI Power Demand

The U.S. Energy Secretary has signed an emergency order to keep a key coal-fired power unit at the TransAlta-owned Centralia Generating Station in Washington state operating through much of the winter, marking the latest...

Science

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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Trump and Merck KGaA Partner to Slash IVF Drug Costs and Expand Fertility Coverage

U.S. President Donald Trump and German pharmaceutical company Merck KGaA have announced a groundbreaking deal aimed at lowering the cost of in-vitro fertilization (IVF) treatments while boosting access to fertility care in...

Technology

noyb Files GDPR Complaints Against TikTok, Grindr, and AppsFlyer Over Alleged Illegal Data Tracking.

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MetaX IPO Soars as China’s AI Chip Stocks Ignite Investor Frenzy

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Apple Explores India for iPhone Chip Assembly as Manufacturing Push Accelerates

Apple Inc. (NASDAQ: AAPL) is reportedly in early-stage discussions with Indian semiconductor companies to explore the assembly and packaging of iPhone components in India, marking a potential shift in the companys global...

Amazon in Talks to Invest $10 Billion in OpenAI as AI Firm Eyes $1 Trillion IPO Valuation

Amazon.com Inc is reportedly in discussions to make a major investment in OpenAI, the creator of ChatGPT, in a potential deal that could value the artificial intelligence company at more than $500 billion, according to a...

SUPERFORTUNE Launches AI-Powered Mobile App, Expanding Beyond Web3 Into $392 Billion Metaphysics Market

SUPERFORTUNE, a web3 AI application incubated by Manta Network, has launched its first mobile application, expanding beyond crypto-native users into the global consumer market. The SUPERFORTUNE mobile app delivers...
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