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Major European Indices technical analysis

Dec 08, 2015 06:57 am UTC| Technicals

Germany DAX Index: Germany DAX index has made a temporary top around 11430 and declining heavily from that level. The index declined till 10664 and slightly recovered from that level and closed around...

FxWirePro: EUR/AUD closes above 20 DMA at 1.4809, 1.5200 target in sight

Dec 08, 2015 06:40 am UTC| Technicals

EUR/AUD close above 1.4849 20 DMA yesterday set targets 1.5207 (38.2% of Aug/Dec fall) in sight The pair is trading slightly firmer, led by AUD weakness post China trade data, currently it is at 1.5001 Momentum studies,...

AUD/JPY back below trendline resistance, good to sell rallies around 89 levels

Dec 08, 2015 06:19 am UTC| Technicals

Poor China trade data keeps the Aussie pressurised and the resulting data-led risk-off supports Japanese Yen AUD/JPY dips below resistance at 89.11, slips to session lows at 88.87, break below 200-HMA could see moves...

FX Hedging Strategy Series

FxWirePro: Yen restraining CAD’s gains – mitigate FX risk through long put butterfly spreads

Dec 08, 2015 06:02 am UTC| Technicals

Japan reported +0.3% a sharp jump from previous -0.2%, while the BoJ remains to pursue the most aggressive easing policy among the major central banks, but it is arguably not getting enough bang for its buck. We review...

BTC/USD faces strong resistance around $400, further bullishness only above that level

Dec 08, 2015 05:58 am UTC| Technicals

The pair has made a high of $399.91 yesterday and slightly declined till $389 from that level. Intraday trend is bullish as long as support $378 holds. The pair major intraday support is around $378 and break below...

FxWirePro: AUD/USD breaks minor support at 0.7256, drop till 0.7170 likely

Dec 08, 2015 05:23 am UTC| Technicals

Poor China trade data keeps the Aussie pressurized. AUD/USD fell to session lows at 0.7222 and shows room for further depreciation. Also, the recent sell-off in commodities with oil prices at multi-year lows and a broadly...

S&P500 faces major support 2060, break below targets 2000/1880

Dec 08, 2015 03:30 am UTC| Technicals

Major support -2060 (Trend line joining 1870 and 2003) SP 500 has made a high of 2096 yesterday and started to retreat from that level. Overall trend is still weak as long as resistance 2108 holds. On the lower side...

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Economy

UK Economy Posts Surprise June Growth as World Cup and Hot Weather Lift Activity

Britains economy recorded stronger-than-expected growth in June 2026, supported by easing concerns over the Iran war, the mens soccer World Cup and hot weather, according to official figures released Thursday. UK gross...

US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge

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European Stocks Rise as U.S. Inflation Data Eases Fed Rate Hike Fears

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Japan Government Backs Earlier BOJ Rate Hike as Inflation Pressures Build

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Asian Currencies Steady as Dollar Holds Firm After U.S. Inflation Data

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Politics

Iran Eyes New Development Bank Membership as BRICS Pushes Local Currency Trade

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Nigel Farage Faces Count Binface in Clacton Election Test

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Putin Visits Japan-Claimed Iturup Island, Drawing Strong Protest From Tokyo

Russian President Vladimir Putin visited Iturup, a disputed island claimed by Japan, on Thursday, prompting a strong protest from Tokyo as tensions remain elevated across Northeast Asia. Iturup, known as Etorofu in Japan,...

Meloni Loses Ground Among Young Italian Voters Ahead of 2027 Election

Italian Prime Minister Giorgia Meloni is losing support among young voters, potentially creating a major challenge for her right-wing coalition ahead of Italys 2027 national election. Polling by Youtrend shows Melonis...

US, Colombia Weigh Joint Strikes on Armed Groups in Expanded Anti-Drug Campaign

U.S. Defense Secretary Pete Hegseth has raised the possibility of joint U.S.-Colombia military strikes against armed groups as Washington expands its counter-narcotics campaign across Latin America. Speaking Wednesday at...

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

Google Pushes Gemini AI Overhaul as Sergey Brin Targets Model Supremacy

Google co-founder Sergey Brin has stepped up efforts to accelerate development of the companys Gemini AI models as Alphabet battles OpenAI and Anthropic for leadership in artificial intelligence. Brin has reportedly urged...

Lenovo Revenue Surges 43% as AI Demand Drives Record First-Quarter Growth

Lenovo Group reported record first-quarter revenue as booming demand for artificial intelligence infrastructure and AI-enabled devices fueled strong growth across its major businesses, pushing its Hong Kong-listed shares...

Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges

Cisco Systems has issued a stronger-than-expected fiscal 2027 outlook, fueled by rising demand for networking equipment and artificial intelligence infrastructure from hyperscale customers. The networking technology giant...

Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook

Super Micro Computer (NASDAQ: SMCI) shares surged about 19% on Wednesday after the AI server maker issued fiscal 2027 guidance that significantly exceeded Wall Street expectations, easing concerns following its softer...

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

SpaceX shares jumped 11% after Morgan Stanley highlighted the companys growing artificial intelligence business, fueling investor optimism around its expanding enterprise software strategy and upcoming Grok 4.7 AI model....
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