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FxWirePro: South Africa's weak business confidence dents Rand, good to buy USD/ZAR dips

Sep 03, 2015 11:24 am UTC| Technicals

South Africas Rand stumbles as data showed South Africas business confidence fell to a new 16-year low South Africas rand fell 1 percent against the dollar on Thursday, the weakest performance in a basket of 25...

USD/CHF Trade Idea

Sep 03, 2015 11:02 am UTC| Technicals

USD/CHFis facing trend line resistance around 0.9700 (trend line 0.9670 and 0.96890) and any break above confirms bullishness, a jump till 0.9764/0.9800 cannot be ruled out. On the downside minor support is around...

FxWirePro :USD/JPY faces strong resistance around 121, good to sell on rallies

Sep 03, 2015 10:03 am UTC| Technicals

RES 4 : 122.35 RES 3: 121.75 (61.8% retracement of 125.27 and 116.07) RES 2: 120.75 (61.8% retracement of 121.75 and 119.21) RES 1 : 120.32 (7 day 4 HEMA) PRICE: 120.37 @10:02 GMT SUP 1:119.56 (38.2%...

FxWirePro: Vols and Greeks for AUD/CAD put ladder in action

Sep 03, 2015 10:01 am UTC| Technicals

Technical Glimpse: The downtrend that has been gradually prolonging and bearish candles are popping up every now and then with abundant volume confirmation. While %D crossover near 80 levels signifies the selling...

FxWirePro: Gold faces strong support near $1115, good to buy at dips

Sep 03, 2015 09:19 am UTC| Technicals

Gold has recovered till $1147 after making a low of $1117. It is currently trading at $1139. Overall trend is still bullish as long as support $1115 holds. On the downside major support is around $1115 and break below...

FxWirePro: AUD/JPY struggles to close above 85, good to sell on rallies

Sep 03, 2015 09:08 am UTC| Technicals

AUD/JPY has made a low of 83.63 and recovered till 85.13. Overall trend is weak as long as resistance 85.07 (20 day 4 HMA) holds. Any break above 85.07 will take the pair to next target at 86.25/86.50. On the...

FxWirePro: Have you missed EUR/AUD’s surge with put ratio spread – capture with credit put spread

Sep 03, 2015 08:24 am UTC| Technicals

The uptrend that has been gradually prolonging from last three months has taken one step ahead to break trendline resistance; the pair has now taken a trendline support exactly at 1.5598 which we had earlier anticipated....

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Economy

IEA Warns China Rare Earth Export Curbs Could Threaten $6.5 Trillion in Global Production

Chinas planned implementation of stricter rare earth export controls could place up to $6.5 trillion in downstream production outside the country at risk, according to the International Energy Agencys (IEA) latest Global...

U.S. Imposes 25% Tariff on Select Brazilian Imports After Section 301 Trade Investigation

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Asian Stocks Slide as Chip Selloff Deepens Ahead of TSMC Earnings

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Politics

Iran Warns Trump Against Striking Infrastructure, Declares Strait of Hormuz a ‘Red Line’

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NY Times Challenges Trump Administration Subpoenas Over Air Force One Report

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Trump Orders ICE to Resume Traffic Stops After Deadly Immigration Enforcement Incidents

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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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

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Technology

Apple Intelligence China Approval Lifts Alibaba and Baidu Shares

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Nvidia Partners With Fanuc and Yaskawa to Accelerate AI Robotics in Japan

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Hyundai Takes Full Control of Boston Dynamics to Accelerate Humanoid Robot and AI Strategy

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Jamie Dimon Warns Anthropic's Mythos AI Poses National Security Risks

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SpaceX Stock Falls Below IPO Price as Investors Weigh Losses and Lockup Expiry

SpaceX shares fell below their initial public offering (IPO) price for the first time on Wednesday, highlighting growing investor caution as the companys early post-listing momentum continues to fade. The stock dropped...
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