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FX Hedging Strategy Series

FxWirePro: EUR/AUD’s inching higher on trend line support; option straps to hedge upside risks

Jan 05, 2016 06:12 am UTC| Technicals

Technical Glance: On weekly charts, the pair has tested trend line support at around 1.49 levels. After a downtrend, this seems 2nd strong attempt of recovery by bulls because prices hesitated their move downward by...

GBP/NZD faces strong resistance 2.190, break above targets 2.250

Jan 05, 2016 05:59 am UTC| Technicals

Major resistance - 2.190 (trend line joining 2.2710 and 2.19264) The pair has retreated after making a high of 2.1926 (4th Jan high) and is currently trading around 2.1850. Any break above 2.190 will take the pair...

GBP/USD supported above $1.4700 level, focus on UK construction PMI

Jan 05, 2016 05:43 am UTC| Technicals

Cable is trading flat despite disappointing macro updates from the US on Monday. Initial support is seen around $1.4703 levels, below that $1.4663 will be key level On the top side Major resistance falls at...

FxWirePro: Strong channel resistance for EUR/AUD at 1.5095, good to sell rallies

Jan 05, 2016 05:37 am UTC| Technicals

EUR/AUD price action re-enters daily cloud, but trend is definitely lower. Strong resistance is seen by channel top at 1.5095. The pair has been trending lower with the fallingchannel, with upside being restricted by...

FxWirePro: Bid tone in USD improves ahead of European session, good to buy USD/JPY dips

Jan 05, 2016 04:55 am UTC| Technicals

Recent strength seen in the yen appears short-lived on the back of the divergent monetary policy outlooks between the Fed and BOJ. BOJ chief Kuroda reiterated on Monday that the central bank is willing to take bolder...

EUR/USD trading flat with no clear signals

Jan 05, 2016 04:35 am UTC| Technicals

The pair stabilized with minor losses after briefly dropping below $1.0800 To the upside, the strong resistance can be seen at 1.0910, a break above will take the pair towards next resistance level at 1.0945 To...

Major Asian Indices Technical Analysis

Jan 05, 2016 03:51 am UTC| Technicals

Hang Seng: Hang Seng has made a low of 21100 and slightly recovered from that level. It is currently trading around 21261 The index resistance is at 21400 and any indicative break above that level will take the...

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Economy

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Science

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Technology

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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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