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FxWirePro: DAX forms Bullish Cypher Pattern, good to sell on rallies

Jan 28, 2016 07:08 am UTC| Technicals

Pattern formed - Bullish Cypher Potential Reversal Zone (PRZ) - 9250 The index has made a high of 9926 and declined till 9715 from that level. It is currently trading around 9763. Short term trend is still...

FxWirePro: EUR/JPY rejected from double top at 129.47, good to sell rallies

Jan 28, 2016 07:05 am UTC| Technicals

EUR/JPY price action was rejected from double top at 129.47 (Jan 5th and 27th), days highs were also capped at 129.47. The pair has been trading a falling wedge pattern, and scope builds for further...

GBP/USD bearish below $1.4350 marks

Jan 28, 2016 06:48 am UTC| Technicals

Cable showed just a moderate reaction after the Fed decided to keep rates unchanged. Pair is currently trading at $1.4249 levels. It made intraday high at $1.4262 and $1.4231 levels. UK GDP is the main...

Silver forms Big W pattern, break above $14.60 targets $15.70

Jan 28, 2016 06:30 am UTC| Technicals

Pattern Formed- Big W pattern Major resistance - $14.60 The commodity has recovered till $14.55 yesterday after slightly dovish Fed statements. It is currently trading around $14.38. Any break above $14.60...

FX Hedging Strategy Series

FxWirePro: AUD/CAD forms double top, rejects resistance at 0.9955 - speculate with one touch binary delta puts

Jan 28, 2016 05:57 am UTC| Technicals

Both daily and intraday charts pop up selling signals in this pair that may slide down it to levels of 0.9861 back again (neckline). As shown in the intraday charts, as the pair seems unlikely to break and sustain...

Gold refrain to hold above fresh 3-month high

Jan 28, 2016 05:55 am UTC| Technicals

Yellow metal hit the highest level since the beginning of November as the Federal Reserve decided to keep interest rates unchanged. Yesterday pair made high at $1127 levels and currently trading at $1120...

FxWirePro: USD/JPY retreats from session top at 118.93, further upside only on breaks above 119

Jan 28, 2016 05:43 am UTC| Technicals

Improving risk-appetite saw USD/JPY gain momentum, the pair tested 118.93 high before it found fresh offers. Doji formation seen in the Asian session, bulls unable to take the pair higher, Stochs have approached...

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Economy

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...

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

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Australia Sets New Minimum Pay, Insurance Rules for Gig Workers

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Gold Price Holds Near $4,400 as Hormuz Risks and CPI Drive Markets

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Oil Prices Rise as Hormuz Tensions Threaten Global Supply

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Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

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Bashar al-Assad Sentenced to Death After Syria Regime Collapse

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Trump Signs Order to Cut Routine Childhood Vaccines

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Wisconsin Democratic Primary Tests Progressive Appeal

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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

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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

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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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