Feb 05, 2016 11:00 am UTC| Technicals
GBP vols ahead of UK Brexit risk: suspicious but not panicky The eruption of Brexit threats on the GBP vol scene can be traced in delta risk reversals. Way back in October and November even though 3M ATM IVs were tepid but...
Feb 05, 2016 10:59 am UTC| Technicals
Intraday bias remains bearish for the moment. Fall from 1.0255 is still in progress and deeper fall would be seen to 0.9784 low next. On the top side, above 1.0073 minor resistance levels will turn bias neutral and...
Feb 05, 2016 10:26 am UTC| Technicals
Major Support -170 Major resistance -171.15 (Kijun-Sen) Major Trend reversal -172.50 GBP/JPY has broken major support 170 and declined till 169.80. It is currently trading around 170. Short term trend is weak as long...
Gold firms ahead of NFP results
Feb 05, 2016 09:46 am UTC| Technicals
Since the beginning of the year, Gold is constantly adding strength against US dollar and currently well supported above $1150 levels. The yellow metal advanced 1.25% on Thursday, hitting the highest level since end...
FxWirePro: Sell AUD/JPY rallies around 84, tests of 81.95 likely
Feb 05, 2016 09:44 am UTC| Technicals
AUD/JPY was rejected by strong falling trendline resistance on 29th Jan, 1st and 2nd Feb trades. We expect retrace to 81.95 levels which is 61.8% Fib retrace of 79.21 to 86.36 rally. Hanging man formation...
FxWirePro: EUR/USD faces support around 1.11500, good to buy at dips
Feb 05, 2016 09:17 am UTC| Technicals
EUR/USD has slightly retreated after making a high of 1.12387. It is currently trading around 1.11940. Intraday trend is bullish as long as minor support 1.1150 holds. Any break below 1.1150 will drag the pair...
DAX faces strong support around 9250, break below targets 8925
Feb 05, 2016 08:09 am UTC| Technicals
Major support 9250 (Jan 20th low) Major intraday Resistance -9450 (60 min Tenken-Sen) The index has made a low of 9337 and started to slightly jump from that level. It is currently trading around 9362. Any break below...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
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Biden administration tells employers to stop shackling workers with ‘noncompete agreements’
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