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DAX30 forms Gravestone Doji, decline till 9650 is possible

Mar 24, 2016 09:09 am UTC| Technicals

Candle stick pattern- Gravestone Doji Major resistance -10120 Dax has retreated after making a high of 10116.It is currently trading around 9967. Short term trend is weak as long as resistance 10120 holds....

Taiwan dollar appreciates despite rate cut by Central Bank but positive comments by Central bank governor

Mar 24, 2016 08:50 am UTC| Technicals Central Banks

USD/TWD is currently trading around 32.53 levels. It made intraday high at 32.71 and low at 32.45 levels. Taiwan Central bank cuts benchmark interest rate by 0.125 pct point to 1.5 pct. Taiwan central bank...

FX Hedging Strategy Series

FxWirePro: What else is suitable than "short strangle" for USD/CHF as trend drifts sideways, 25-delta RR neutral and IVs tepid?

Mar 24, 2016 08:36 am UTC| Technicals

Technical glimpse: The pair has been tepid but slightly bearish bias from last couple of months (see monthly charts). On daily charts, one can see prices can go either way upon make or break of 0.9776 on a closing...

Silver hits fresh 2 –week low, intraday bias remains neutral

Mar 24, 2016 08:26 am UTC| Technicals

XAG/USD is currently trading around $15.18 levels. It made intraday high at $15.28 and low at $15.11 levels. Intraday bias remains neutral for the moment. Silver fails to sustain above $16.00 and turns the...

FX Hedging Strategy Series

FxWirePro: USD/CHF inching higher near BB but breach of 0.9776 seems unlikely - boundary binaries assure certain yields

Mar 24, 2016 08:01 am UTC| Technicals

The pair is facing a stiff resistance at 0.9776, break-out above may see upside potential upto 0.9832. It has taken supports at 0.9744 levels (7EMA on 4H). Stochastic is boiling up with overbought pressures. We...

FxWirePro: USD/CAD trades higher on weak oil price, good to buy at dips

Mar 24, 2016 08:00 am UTC| Technicals

Major resistance -1.3235 (trend line joining 1.3858 and 1.3405) Major support - 1.3140 (resistance turned in to support) Lonnie has broken minor resistance 1.3140 yesterday and jumped till 1.3219. The pair has...

Renminbi Series

FxWirePro: Chinese Yuan depreciates as People's Bank of China sets Yuan reference rate higher

Mar 24, 2016 07:35 am UTC| Technicals

USDCNY is currently trading around 6.5130 levels. It made intraday high at 6.5138 and low at 6.5035 levels. The Peoples Bank of China set the Yuan reference rate at 6.5150 today, up from Wednesdays midpoint of...

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Economy

Asian Stocks Rise as AI Chip Rally Lifts South Korea, Japan

Asian stocks mostly advanced Wednesday as renewed strength in technology and semiconductor shares boosted markets in South Korea and Japan. However, higher oil prices and uncertainty surrounding U.S.-Iran negotiations kept...

Asian Currencies Steady Ahead of US CPI as Oil Prices Rise

Asian currencies were mostly unchanged against the U.S. dollar on Wednesday as investors awaited key U.S. inflation data that could shape expectations for the Federal Reserves next interest-rate decision. Meanwhile, rising...

Iran War Escalates as US, Houthis Target Ships Near Key Oil Routes

The United States and Yemens Iran-aligned Houthis reported separate attacks on commercial shipping Tuesday as hopes for a quick end to the Iran war faded. Tehran warned that the Strait of Hormuz, a critical route for...

Canada, US Hold Fresh Trade Talks as August 19 Tariff Deadline Nears

Canada and the United States held another round of high-level trade talks on Tuesday as Ottawa seeks to prevent new U.S. tariffs on Canadian goods from taking effect on August 19. Dominic LeBlanc, Canadas minister...

Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

Australias Fair Work Commission (FWC) has approved new minimum standards for food and grocery delivery workers, giving gig economy workers higher pay and greater protection against workplace injuries. Under the new rules,...

Politics

U.S. Military Operations Killed 153 Civilians in 2025, Pentagon Says

U.S. military operations killed 153 civilians and wounded another 243 in 2025, according to Pentagon assessments cited by a U.S. official, marking a sharp increase from the civilian casualty figures reported for 2024. The...

North Korea Launches Ballistic Missile as US-South Korea Drills Near

North Korea fired a ballistic missile toward waters off the Korean Peninsulas east coast on Wednesday, raising regional tensions just days before major US-South Korea military exercises are set to begin. South Koreas Joint...

Taiwan Slams ‘Dangerous’ China-Indonesia Naval Drill Near Island

Taiwan has condemned a planned China-Indonesia naval drill east of Taiwan, accusing Beijing of using the exercise to create the impression that it has authority over waters surrounding the democratically governed island....

Bashar al-Assad Sentenced to Death by Syrian Court

A Syrian court has sentenced ousted President Bashar al-Assad to death in absentia, marking the first conviction against the former leader since his government collapsed in December 2024. The Damascus court convicted Assad...

Bashar al-Assad Sentenced to Death After Syria Regime Collapse

Bashar al-Assads 24-year rule over Syria ended dramatically in December 2024 after rebel forces launched a rapid offensive that overwhelmed his weakened military. With Russia focused on its war in Ukraine and Iran weakened...

Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

Blue Origin is facing a significant setback after a dramatic explosion involving its New Glenn rocket severely damaged a launch pad at Cape Canaveral, Florida. According to NASA Administrator Jared Isaacman, repairs to the...

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

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

SpaceX on Thursday postponed the highly anticipated launch of its 12th Starship rocket test from Texas after technical issues interrupted the final countdown. The company now plans to attempt the Starship V3 launch again...

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

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...

Technology

OpenAI Executive Brad Lightcap to Leave for New AI Venture

Brad Lightcap, one of OpenAIs most senior executives and its former chief operating officer, is leaving the artificial intelligence company to launch a new venture, adding to a series of major leadership changes across the...

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

Anthropic has reportedly signed a $9.1 billion long-term agreement with Riot Platforms (NASDAQ: RIOT) to secure large-scale AI computing capacity, marking another major investment by the Claude developer as demand for...

Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow

Trump Media Technology Group said Monday that more than 10 customers have signed up for its upcoming Truth API, a real-time data service designed to provide rapid access to posts from prominent Truth Social accounts,...

Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...

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

The U.S. Securities and Exchange Commission (SEC) has provided regulatory clarification that could make it easier for data center owners and operators to access capital markets as the artificial intelligence boom drives...
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