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GBP/CAD breaks minor trend line resistance, targets 2.0860

Jan 06, 2016 06:39 am UTC| Technicals

Major trend line resistance - 2.0560 (trend line joining 2.0860 and 2.0730). Major support -2.0396 The pair has broken major trend line resistance 2.056 and jumped till 2.0590. It is currently trading around...

FxWirePro: USD/CAD hits fresh 12-year high above 1.40, good to buy at dips

Jan 06, 2016 06:17 am UTC| Technicals

Major resistance -1.40018 (Dec 17th High) Major support - 1.3800 Loonie has broken major resistance 1.40018 and jumped till 1.40393 at the time of writing. It is currently trading around 1.40380. Any break...

FX Hedging Strategy Series

FxWirePro: EUR/CHF option trading set up - short strangles ensure certain yields in range-bound trend

Jan 06, 2016 06:05 am UTC| Technicals

Vols and risk reversal: Based on order flow analysis, the low implied volatility is also experienced from last couple of days and would likely to perceive the lower side for next 2-3 months or so as shown in the...

USD/CAD intraday bias upside, trade balance data eye for the day

Jan 06, 2016 05:58 am UTC| Technicals

Uptrend resumed by taking out 1.4000 and reaches as high as 1.4038 so far. Break of 1.4039 levels may take the pair towards 1.4163 levels. Oil prices were also down on Tuesday, adding extra pressure on the...

Major Asian Indices Technical's

Jan 06, 2016 05:21 am UTC| Technicals

Hang Seng: Hang Seng has broken major support 21100 and this this confirms minor weakness a decline till 20650/20380 is possible . It is currently trading around 21261 The index resistance is at 21400 and any...

FxWirePro: 127 levels next likely stop for EUR/JPY bears, good to short upticks

Jan 06, 2016 05:19 am UTC| Technicals

EUR/JPY hit fresh 9-month lows around 127.32, but pared some losses to egde slightly higher as the yen trims gains amid a minor-recovery in the Japanese stocks. The pair has broken major trendline support at 128.67 levels...

Pound weaker as dollar piles on gains

Jan 06, 2016 05:13 am UTC| Technicals

The pound failed to find any sustainable tool to reverse its recent sharp decline against the mighty US dollar on Tuesday, declining within a 100 pips of $1.4563 - the lowest level since 2010. Moreover, sterling virtually...

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Economy

KOSPI Rebounds 20% as Samsung, SK Hynix Lead South Korea Stock Rally

South Koreas KOSPI has rebounded roughly 20% from its late-July low, putting the benchmark close to leaving bear-market territory as investors return to technology and semiconductor stocks following a steep selloff. The...

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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Politics

Peggy Flanagan Wins Minnesota Democratic Senate Nomination

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

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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

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

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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...
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