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FX Hedging Strategy Series

FxWirePro: EUR/USD whipsaws 21DMA. likely to remain in range 1.1050 – 1.0710 – use calendar option straps for hedging

Feb 01, 2016 12:09 pm UTC| Technicals

Technical Purview: It has been observed and kept urging that there would remain in the range bounded trend on this pair where upper band is 1.1050 and 1.0710 from last couple of weeks ( see grey shaded areas), and same...

FxWirePro: US Dollar Index faces strong resistance around 100.50, good to sell on rallies

Feb 01, 2016 11:59 am UTC| Technicals

The dollar index has once again made a high of 99.82 and started to decline from that level. It is currently trading around 99.39 Major support: 98.50 (55 day EMA) The index has made a low of 98.42 (28 th Jan...

GBP/JPY Trade idea

Feb 01, 2016 11:47 am UTC| Technicals

GBP/JPY has made a high of 174.17 on Friday and started to decline from that level is currently trading around 172.99. Short term trend is still bullish as long as support 170.50 (Kijun-Sen) holds. Any break below...

GBP/USD breaks minor trend line resistance, targets 1.4370/1.4400

Feb 01, 2016 09:15 am UTC| Technicals

Minor trend line resistance -1.4280 (trend line joining 1.4250 and 1.42605) Minor support - 1.4240 Cable breaks minor intraday resistance 1.4280 and this confirms minor bullishness, a jump till 1.4350/1.4370/1.4400 is...

FX Hedging Strategy Series

FxWirePro: BoJ dovish tone likely to defer FOMC’s tightening - USD/JPY’s spike is momentary, speculate with credit call spreads

Feb 01, 2016 08:45 am UTC| Technicals

Last Fridays, the rate charge by BoJ makes commercial banks that park surplus reserves at the central bank to negative 0.1% in a slightly awful stimulated pointing at serving its economy to cushion the potential threats of...

NZD/CAD breaks below ichimoku cloud, decline till 0.9000/0.8800 is possible

Feb 01, 2016 08:10 am UTC| Technicals

Major Support -0.9050 (Ichimoku Cloud) Major resistance - 0.9150 (55 day EMA) NZD/CAD has broken major support 0.9050 and declined till 0.9037. It is currently trading around 0.9070. Short term trend is...

FxWirePro: AUD/CAD holds trendline support, good to go long on dips around 0.99

Feb 01, 2016 07:44 am UTC| Technicals

AUD/CAD extends higher after taking support by trendline at 0.9860, we see scope for further gains. Price action is above the daily cloud and 200-DMA, cloud top at 0.9874 also offers strong supports on the...

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Economy

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

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Politics

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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

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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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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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