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FxWirePro: USD/CHF still non directional – Iron condor spread hedges as reducing IV in long run

Sep 28, 2015 11:17 am UTC| Technicals

On daily chart, this pair has been moving in a straight line direction, implied volatility of ATM contracts are also suggesting a very lackluster movement in the months to come. It has been gradually reducing to 10%, while...

FxWirePro: Gold forms bearish cypher pattern, good to sell on rallies

Sep 28, 2015 10:56 am UTC| Technicals

Harmonic pattern formed- Bearish Cypher pattern Potential Reversal Zone (PRZ)- $1160 Gold has recovered after making a low of $1121 on Tuesday. It is currently trading at $1136. Overall trend is weak as long...

GBP/JPY trade Idea

Sep 28, 2015 10:28 am UTC| Technicals

GBP/JPY has broken minor support 182.75 which confirms intraday weakness, a decline till 181.70 cannot be ruled out. Intraday bullishness can be seen only above 183.50 and break above 183.20 will take the pair to...

FxWirePro: GBP/USD tests hourly cloud top resistance at 1.5239

Sep 28, 2015 09:34 am UTC| Technicals

GBP/USD takes channel support, edges higher to hit session highs at 1.5241, 1.5260 next target in view. Daily stochs are at oversold, and on the verge of a bullish crossover, increasing chances of a short-term...

FxWirePro: USD/CHF struggles to close above 0.9800, good to buy at dips

Sep 28, 2015 09:11 am UTC| Technicals

USD/CHF has made a high of 0.9840 and slightly decline from that level. Overall trend is still bullish as long as support 0.9650 holds. On the downside any break below 0.9650 will drag the pair further down till...

FxWirePro: EUR/AUD drifting along channel line despite bearish patterns

Sep 28, 2015 08:21 am UTC| Technicals

Our observation glimpses that this month EURAUD has been lingering along with the channel line support despite the breaches of this channel line support occurred quite a few times at around 1.5695 levels but still...

FxWirePro: EUR/USD rejected at 1.1214, eases below 200 DMA

Sep 28, 2015 07:56 am UTC| Technicals

EUR/USD was earlier rejected at days high by 1.1214, slips below 200 DMA at 1.1185. Major European indices opened in the red, further weighing on the pair The pair failed to sustain recent breaks under 55 DMA (...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

Oil prices were mostly steady during Asian trading on Friday, but both major benchmarks were still on track to record a second consecutive weekly decline as persistent concerns over a global supply glut continued to...

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Politics

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

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Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

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Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

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Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

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Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

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Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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