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FxWirePro: USD/JPY faces strong resistance around 121.30, good to sell on rallies

Sep 28, 2015 11:42 am UTC| Technicals

RES 4: 121.72 (28TH AUG HIGH) RES 3:121.30 ( SEP 10TH HIGH) RES 2: 121.06 (200 day 4 hma) RES 1: 120.51 (7 day 4 H EMA) PRICE: 120.11@11:28 GMT SUP 1: 119.50 (38.2% retracement of 116.07 and 121.72) ...

Silver forms bearish BAT pattern, decline till $14 is possible

Sep 28, 2015 11:28 am UTC| Technicals

Harmonic Pattern - Bearish BAT Pattern Potential reversal Zone (PRZ) - $15.50. The commodity has recovered till $15.41 after making a low of $14.24. Overall trend is till weak as long as resistance $15.50...

What does USD/CHF delta risk reversal significantly suggest?

Sep 28, 2015 11:20 am UTC| Technicals

From the above table showing delta risk reversal and ATM volatility, it is evident and understood that this instrument has been absolutely stagnant and it would remain the same way in future. USDCHF has a neutral delta...

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...

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Economy

Morgan Stanley: Fed Rate Cuts Still on Track Despite Oil-Driven Inflation

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China's Energy Resilience Shields Economy From Global Oil Shock, Goldman Sachs Says

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Trump's FY2027 Budget: Major Defense Boost and Domestic Spending Cuts

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U.S. Warplane Shot Down by Iran Amid Escalating Middle East Conflict

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Politics

Trump Eyes Cabinet Shake-Up Amid Iran War Political Fallout

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Iran Tightens Grip on Strait of Hormuz as Israel Prepares Strikes and Oil Markets Spiral

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U.S. and Israel Escalate Pressure on Iran Over Strait of Hormuz as War Enters Sixth Week

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Israel Poised to Strike Iranian Energy Sites, Awaiting U.S. Approval

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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

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

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SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Technology

Elon Musk Ties SpaceX IPO Access to Mandatory Grok AI Subscriptions

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MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown

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Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push

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Australia's Social Media Ban for Under-16s Sparks Global Movement

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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...

Digital Currency