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FxWirePro: USD/JPY below channel resistance at 121.48, good to sell rallies

Nov 05, 2015 04:43 am UTC| Technicals

Greenback broke out of its 120.00-121.60 range against the yen, to reach a two-month high of 121.72 after Yellen signalled Dec rate hikes. USD/JPY is off overnight highs, retraced some of the gains and has edged back...

GBP/JPY faces support at 186.25, break below targets 185

Nov 05, 2015 03:22 am UTC| Technicals

GBP/JPY is trading in narrow range 187.30 and 186.47 yesterday . The pair is currently trading at 186.84. The pairs further bullishness can be seen only above channel trend line break out (trend line joining 184.85...

FxWirePro: USD/CHF key support at 0.9857, bullish in the short term

Nov 04, 2015 19:34 pm UTC| Technicals

The USD/CHF has bounced back towards 0.9945 levels, after failing to break below 0.9849 support level. The pair has been trading in bullish trend off late and is set to continue advancing further. As long as the pair...

FxWirePro: EUR/USD key resistance level at 1.0981, bearish in the short term

Nov 04, 2015 14:54 pm UTC| Technicals

The pair found renewed bearish momentum after breaking support at 1.0925 and is declining downwards to test next support level at 1.0875. The pair is trading around 1.0899 levels and it is expected decline further towards...

FxWirePro: USD/CAD key resistance at 1.3036, upside prevails in the short term

Nov 04, 2015 14:35 pm UTC| Technicals

The pair is retreated from daily highs 1.3109 hit earlier after the release of ADP employment data, currently the pair is trying to approach resistance level at 1.3105. 1.3030 levels has been strongly supportive and is set...

FX Hedging Strategy Series

FxWirePro: Short near month CL1! Futures or arbitrage ahead of crude inventories

Nov 04, 2015 13:29 pm UTC| Technicals

Even if the unscheduled outages caused by Brazil and Libya and were to increase somewhat in the short term - according to EIA estimates, they already totaled 3.7 million barrels in September, which was their highest level...

FxWirePro: EUR/GBP breaks major support 0.7100, good to sell on rallies

Nov 04, 2015 12:23 pm UTC| Technicals

RES 4: 0.7200 RES 3: 0.7170 (200 day HMA) RES 2: 0.7120 (55 day 4H EMA) RES 1 :0.7100 (20 day 4HMA) PRICE: 0.7313 @ 12:13 GMT Sup 1: 0.7050 (78.6% retracement of 0.6938 and 0.7490) SUP 2:...

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Economy

RBI Clamps Down on Rupee NDF Activity, Banks Face Steeper Losses

Indian banks are bracing for heightened uncertainty after the Reserve Bank of India (RBI) tightened its grip on currency markets, barring lenders from offering rupee non-deliverable forwards (NDFs) to both resident and...

Oil Prices Surge Over $5 as Trump Vows to Continue Iran Strikes

Global oil prices jumped sharply on Thursday after President Donald Trump declared that the United States would press forward with military strikes against Iran, stopping short of outlining any concrete timeline or exit...

Trump's Iran War Speech Sparks Market Anxiety Over Extended Conflict

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Trump Threatens Escalation Against Iran, Warns of Infrastructure Strikes

President Donald Trump announced Wednesday that the United States would significantly intensify its military operations against Iran within the next two to three weeks, while warning of devastating strikes on the countrys...

Asian Stocks Drop as Trump Signals Iran War Escalation

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Politics

Federal Judge Rules CBP Violated Warrantless Arrest Order During Sacramento Immigration Sweep

A federal judge in California has found that U.S. Customs and Border Protection (CBP) officials violated a prior court order when they conducted a warrantless immigration sweep at a Sacramento Home Depot parking lot. U.S....

Coral Springs Vice Mayor Nancy Metayer Bowen Killed in Suspected Domestic Violence Incident

Nancy Metayer Bowen, the 38-year-old vice mayor of Coral Springs, Florida, was fatally shot at her home on Wednesday in what authorities are investigating as a domestic violence homicide. Her husband, Stephen Bowen, 40,...

Trump Administration Plans 100% Tariffs on Pharmaceutical Imports

The Trump administration is moving forward with plans to impose tariffs as high as 100% on pharmaceutical imports, according to a Financial Times report citing sources familiar with the matter. The levies could be...

Trump Defends U.S.-Israel War on Iran in Prime-Time Address as Public Support Wanes

President Donald Trump took to prime-time television Wednesday night to defend the ongoing U.S.-Israeli military campaign against Iran, now entering its second month. In a 19-minute White House address, Trump claimed...

Trump Claims Iran Sought Ceasefire as Middle East War Escalates

Tensions in the Middle East reached a new flashpoint this week as U.S. President Donald Trump publicly claimed that a senior Iranian official requested a ceasefire, a statement Tehran swiftly and firmly rejected. The...

Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

SpaceX Eyes Historic IPO at $1.75 Trillion Valuation

Elon Musks aerospace giant SpaceX has quietly filed a confidential IPO registration with the U.S. Securities and Exchange Commission, according to Bloomberg News sources familiar with the matter. The move signals that the...

Annie Altman Amends Sexual Abuse Lawsuit Against OpenAI CEO Sam Altman

Annie Altman has filed an amended civil lawsuit against her brother, OpenAI CEO Sam Altman, accusing him of sexually abusing her over a span of nearly a decade. The amended complaint was submitted Wednesday in St. Louis...

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...
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