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FxWirePro: South African rand hits fresh 3-month high against US dollar, good to sell on rallies

Mar 30, 2016 08:05 am UTC| Technicals

USD/ZAR is currently trading around 14.9240. It made intraday high at 15.22 and low at 14.89 levels. South Africas rand breaks through 15.0000 marks for first time since late December after Yellens dovish...

FxWirePro: USD/CHF faces strong support at 0.9630, good to buy at dips

Mar 30, 2016 07:55 am UTC| Technicals

Major support 0.9630 (trend line joining 0.91136 and 0.9257) The pair has broken minor support 0.9680 and declined till 0.96432 at the time of writing. It is currently trading around 0.96516. Short term trend is...

FX Hedging Strategy Series

FxWirePro: AUD/USD makes noise in 1W OTC contracts - risk reversal still bearish bias

Mar 30, 2016 06:53 am UTC| Technicals

AUD/USD is currently the pair to perceive the highest implied vols among G20 currency space for 1w expiries (more than 14%). Top ranked for 1y tenors as well in G20 space or any EM basket and same is the case with...

NZD/CAD breaks major resistance around 0.8920, targets 0.9000/0.9115

Mar 30, 2016 06:41 am UTC| Technicals

Major resistance 0.8920 The pair has broken major resistance 0.8920 and jumped till 0.8984. It is currently trading around 0.89623. Any indicative break above 0.8920 will take the NZD/CAD to next level around...

Gold faces strong resistance at $1242, break above targets $1258/$1270

Mar 30, 2016 06:40 am UTC| Technicals

Major resistance - $1242 Major support - $1225 (7 W EMA) The commodity has made a high of $1242.80 and slightly retreated from that level. It is currently trading around $1237. Short term trend is weak as...

FX Hedging Strategy Series

FxWirePro: AUD/USD struggling to break and sustain resistance at 0.7650 - trade with tunnel spreads

Mar 30, 2016 06:00 am UTC| Technicals

Technical glimpse: AUD/USD hasnt been able to to break resistance at 0.7650 levels quite often in recent times (see weekly charts for inability to take the rallies above 0.7650 from last 2-3 weeks). As a result, last...

FxWirePro: NZD/USD edges lower from 3-month highs of 0.6883, bias higher

Mar 30, 2016 05:56 am UTC| Technicals

NZD/USD hit 3-month high of 0.6883 as NZD bulls cheered strong economic data out of New Zealand. NZ building consents data released earlier today showed a 10.8% increase in Feb, sharply up from the 7.8% drop seen in...

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Economy

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Politics

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

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Technology

Anthropic Signs $9.1B AI Data Center Deal With Riot Platforms

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SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

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Apple Tests China’s CXMT Memory Chips for iPhones and MacBooks Amid AI Supply Crunch

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Sony, TSMC Eye $6.3 Billion Japan Chip Venture for Next-Gen Image Sensors

Sony Group and Taiwan Semiconductor Manufacturing Co. (TSMC) are reportedly preparing to invest about 1 trillion yen ($6.32 billion) in a new Japanese semiconductor venture focused on next-generation chips for image...
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