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USD/JPY breaks above daily Tenkan at 123, close above will add to the upside potential

Nov 30, 2015 09:40 am UTC| Technicals

USD/JPY was largely range-bound on the day 122.69/95 range till now, daily Tenkan at 123 was capping gains in the pair The pair has now managed to break above 123 levels and is currently trading at session highs by...

FxWirePro: USD/TRY technicals coupled with fundamentals - Shooting star puzzles rallies

Nov 30, 2015 09:33 am UTC| Technicals

The USDTRY has actually entered a new zone of bullish set up after military conflict between Turkey and Russia. About the President Erdogans ignorance of ex-head of economic policy added some pressure on foreign...

FxWirePro: BTC/EUR faces strong resistance around $363, good to buy at dips

Nov 30, 2015 07:58 am UTC| Technicals

BTC/EUR has broken major resistance 348 and jumped till 361 level. It is currently trading around 358 level. On the higher side major resistance is around 363 (Jul 2015 high) and break above targets 382/391. Any break...

EUR/CHF likely moves upside ahead of ECB's December meeting

Nov 30, 2015 07:31 am UTC| Technicals

The KOF leading growth indicator in Switzerland, GDP and CPI inflation will slightly impact and the import data will only be of second importance despite expectations for a stabilization in inflation and growth. The...

GBP/AUD trades in narrow range, market awaits RBA monetary policy for further direction

Nov 30, 2015 07:18 am UTC| Technicals

GBP/AUD is consolidating in narrow range around 2.073 and 2.095 for the past three trading session Overall trend is weak as long as resistance 2.0120. Market awaits RBA monetary policy and UK Manufacturing PMI which...

FX Hedging Strategy Series

FxWirePro: Construct put ladders on NZD/JPY rallies with hedging objectives

Nov 30, 2015 07:14 am UTC| Technicals

We maintain medium term bearish stance on this pair, while short term upswings could also be utilized by below strategy. In our opinion, although some price recoveries that weve been seeing from last couple of weeks,...

FxWirePro: Watchout for AUD/JPY breaks below 88 for further weakness

Nov 30, 2015 07:11 am UTC| Technicals

The pair has tested trendline resistance at 88.04 and bounced back, is currently trading at 88.27, further weakness can be seen only on breaks below 88, pair could then test 86.50 levels and further below could expose...

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Science

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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Technology

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

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Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

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OpenAI Explores Massive Funding Round at $750 Billion Valuation

OpenAI, the company behind the widely used AI chatbot ChatGPT, has reportedly entered preliminary discussions with investors about a potential new funding round that could value the company at approximately $750 billion....
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