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FxWirePro: DAX30 faces strong support at 9300, good to buy at dips

Feb 24, 2016 07:56 am UTC| Technicals

Major support -9300 Major resistance - 9620 DAX has made a high of 9580 and started to decline from that level. It is currently trading around 9420. Short term trend is slightly bullish as long as support...

FxWirePro: S&P 500 forms Bullish Bat pattern, good to buy at dips

Feb 24, 2016 07:54 am UTC| Technicals

Harmonic Pattern formed - Bullish Bat pattern Potential Reversal Zone (PRZ) - 1900 The index has made a low of 1912 and slightly recovered from that level. Short term trend is lighty bullish as long as support...

FX Hedging Strategy Series

FxWirePro: Don't rush to buy USD/JPY, instead buy delta risk reversals and stay hedged via Call Xmas tree or doubling puts

Feb 24, 2016 07:36 am UTC| Technicals

From the nutshell showing delta risk reversal of ATM contracts, it is understood that the ATM puts have been on high demand since hedging activity for downside risks piling up (this is justifiable with the mounting selling...

AUD/NZD fails to break key resistance at 1.0873, intraday bias remains neutral

Feb 24, 2016 07:23 am UTC| Technicals

Pair is currently trading at 1.0855 levels. It made intraday high at 1.0873 and low at 1.0829 levels. Intraday bias remains neutral for the moment. A daily close above key resistance at 1.0873 levels will...

FxWirePro: BTC/USD faces strong support around $390, good to buy at dips

Feb 24, 2016 06:28 am UTC| Technicals Digital Currency

BTC/USD breaks minor support and declined till $409 at the time of writing. It is currently trading around $412. Short term trend is still bullish as long as support $390 holds. Any break below $390 confirms...

FX Hedging Strategy Series

FxWirePro: USD/JPY 1M IVs highest among G7, spot FX dipping deep as US consumer confidence shrinks away to market havoc

Feb 24, 2016 06:25 am UTC| Technicals

It seems that consumers in U.S. are extremely freighted as the decline in the Conference Board measure of confidence to 92.2 in February from previous 97.8 implies that the financial market havoc prior in the month is...

GBP/NZD dips below 2.10 marks, short term trend reversal expected

Feb 24, 2016 06:14 am UTC| Technicals

Pair is currently trading at 2.1090 levels. It made intraday high at 2.1165 and low at 2.1071 levels. Yesterday pair touched fresh yearly low at 2.0967 levels and took reversal from key support...

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Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

Bank of Japan Governor Signals Accommodative Stance Amid Negative Real Rates

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Politics

Trump Warns Iran: No Deal Means Military Action as U.S. Forces Hold Position

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U.S. Pushes for Crypto Regulation to Keep Digital Asset Growth at Home

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North Korea Tests Advanced Cluster Bombs, Electromagnetic Weapons in Latest Military Display

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Trump Pardon Clears Juan Orlando Hernández as U.S. Court Dismisses Drug Conviction Appeal

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Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

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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

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

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

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

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Technology

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

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

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Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

Bendigo and Adelaide Bank delivered an impressive financial performance in its third quarter, reporting a 12.8% surge in cash earnings to A$137.9 million for the three months ending March 31. The result came in roughly 12%...

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
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