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FxWirePro: Watchout for NZD/JPY breaks above 82.45 for further bullishness

Dec 28, 2015 09:33 am UTC| Technicals

NZD/JPY edges higher for the third straight session, trades range-bound on the day, 82.32/41 were days high/low till now. A bounce in oil prices coupled with a positive new Zealand trade balance keeps the upside in...

GBP/JPY breaks minor trend line resistance, targets 182.25

Dec 28, 2015 09:05 am UTC| Technicals

Major trend line resistance - 179.70 (trend line joining 181.22 and 179.91) Any break above 179.70 confirms minor bullishness, a jump till 181.20/182.25 is possible . On the downside trend reversal only below...

FX Hedging Strategy Series

FxWirePro: Exploiting GBP/AUD shorts on IVs, balance back spreads with 3:2 ratios

Dec 28, 2015 08:51 am UTC| Technicals

The pair has been pretty much responding as per earlier analysis and we could now foresee a little bit price bounces in near term as the daily chart suggest some buying interest that would result in some price...

FxWirePro: Gold consolidates in narrow range, good to sell on rallies

Dec 28, 2015 08:11 am UTC| Technicals

Gold is consolidating in narrow range between $1068 and $1081. It is currently trading around $1072. Short trend is still weak as long as resistance $1100 holds. Any break above $1100 will take the commodity till...

FxWirePro: GBP/AUD bearish swings move in channel, downtrend to prolong in long term despite interim upswings

Dec 28, 2015 07:50 am UTC| Technicals

Back to back bearish patterns on monthly graphs: We traced out bearish spinning top, gravestone doji and hanging man patterns at around 2.1549, 2.1552 and 2.1607 levels respectively. These bearish pattern are an extremely...

FxWirePro: AUD/USD upside stalls at 0.7282 levels, good to sell rallies

Dec 28, 2015 07:22 am UTC| Technicals

AUD/USD edges lower after hitting session highs at 0.7283, bulls struggling to extend gains above 5-DMA, currently trades at 0.7265. The pair trades in a narrow range amid holiday-thinned trades, rally from 0.7097...

FxWirePro: GBP/AUD faces strong support around 2.030, good to sell on rallies

Dec 28, 2015 07:04 am UTC| Technicals

GBP/AUD has slightly recovered after making a low of 2.044. It is currently trading at 2.0520. On the lower side minor support is around 2.030 and any break below targets 2/1.980. The pairs resistance is around...

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Economy

Oil Prices Hold Near Multi-Year Highs Amid Iran Conflict and Hormuz Supply Fears

Oil prices remained elevated during Asian trading on Wednesday as markets processed mixed signals surrounding the ongoing conflict with Iran. Brent crude futures for June climbed 0.5% to $104.47 per barrel, while West...

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Japan's Business Confidence Rises Despite Iran War Uncertainty, BOJ Rate Hike Expected

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South Korea Manufacturing PMI Hits 4-Year High in March 2025 Driven by Semiconductor Demand

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Politics

U.S.-Iran War: Rubio Says Finish Line Is Visible as Diplomatic Talks Begin

U.S. Secretary of State Marco Rubio expressed cautious optimism on Tuesday, stating that Washington can see the finish line in its ongoing military conflict with Iran, now entering its fifth week. Speaking on Fox News...

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Trump Attends Supreme Court Hearing on Birthright Citizenship Restrictions

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Rubio Calls for Democratic Transition and Free Elections in Venezuela

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U.S. Senator Pushes to Permanently Block Chinese Automakers from American Market

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Science

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

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Technology

TSMC Japan's Second Fab to Produce 3nm Chips by 2028

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has confirmed plans to begin equipment installation and mass production of 3-nanometre wafers at its second fabrication plant in...

Apple Turns 50: From Garage Startup to AI Crossroads

In early 1976, engineer Steve Wozniak finished designing a computer circuit board he planned to share with fellow hobbyists at a local California tech club. His friend Steve Jobs recognized a commercial opportunity, and...

Rubio Directs U.S. Diplomats to Use X and Military Psyops to Counter Foreign Propaganda

Secretary of State Marco Rubio has instructed American diplomats to leverage social media platform X and collaborate with Pentagon psychological operations units as part of a broader strategy to combat foreign...

Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers

Microsoft Corporation (NASDAQ: MSFT) is reportedly in exclusive negotiations with Chevron Corp (NYSE: CVX) and investment firm Engine No. 1 to develop a massive energy complex in West Texas dedicated to powering its...

California's AI Executive Order Pushes Responsible Tech Use in State Contracts

California Governor Gavin Newsom signed a landmark executive order Monday, setting new standards for artificial intelligence governance in state contracting. The directive requires companies seeking government contracts to...
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