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Major Asian Indices Technicials

Feb 12, 2016 03:08 am UTC| Technicals

Nikkei Nikkei breaks major support around 15000 and declined till 14855 at the time of writing. It is currently trading around 14885. Short term trend is weak as long as resistance 15600(55 day H EMA) holds. Any...

Gold rallies to one year high, scope for further advance - long around 1230, targets around 1252/1265, SL 1210

Feb 11, 2016 15:56 pm UTC| Technicals

The yellow metal surged higher on Thursday to hit one year high as financial instability and weaker dollar forced investors to take shelter in yellow metal. Gold declined initially in the early European session,...

FxWirePro: USD/JPY downtrend loses steam but outlook still bearish

Feb 11, 2016 15:18 pm UTC| Technicals

The USD/JPY pair sunk sharply towards lower levels on Thursday, hitting as low as 110.90, its sharpest decline since 2008 as sharp decline in US and European stocks pushed investors towards safe heaven Japanese...

FxWirePro: AUD/USD gains some upside momentum but still bearish

Feb 11, 2016 14:32 pm UTC| Technicals

AUD/USD declined on Thursday as investors switched to safe heaven assets as another fall in oil prices and cautious comments from Federal Reserve caused more worries about global economy. After hitting...

FX Hedging Strategy Series

FxWirePro: Offset AUD's downside risk with CAD via zero cost combos- buy AUD/USD ATM puts with RKO shorts in USD/CAD ATM Puts

Feb 11, 2016 13:19 pm UTC| Technicals

The AUD/USD and USD/CAD belong to the commodity block and are sensitive to common factors like Fed policy, commodity prices and China growth. The relationship is currently not linear, meaning that one pair reacts more than...

FxWirePro: EUR/USD faces major support at 1.1250, good to buy at dips

Feb 11, 2016 12:31 pm UTC| Technicals

The pair has retreated after making a high of 1.1356 at the time of writing. It is currently trading around 1.13190. Short term trend is bullish as long as support 1.1250 holds. On the lower side major support...

Aussie recovers above 0.70 marks, crashed by 100 pips during London session

Feb 11, 2016 11:32 am UTC| Technicals

Pair is currently trading at $0.7041 levels. It made intraday high at $0.7153 and low at $0.6983 levels. A daily close above $0.7241 will bring another rise. On the other side, deeper fall should be seen for...

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Economy

Concerns Mount Over Vietnam's Draft Data Protection Law

U.S. Tech Industry Warns Vietnam Over Data Law U.S. tech companies are expressing concerns that Vietnams draft data protection law could stifle growth for social media platforms and data center operators. With a...

Palau's Presidential Election: Key Issues and Candidates**

Overview of Palaus Presidential Election Palau, a Pacific Islands nation vital to U.S. military interests amid rising tensions with China, is holding a national presidential election on Tuesday. President Surangel...

Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections

#Title: Commodity Trading Advisors Favor U.S. Stocks, Dollar, and Gold Ahead of Presidential Elections **Meta Description:** Discover how Commodity Trading Advisors are positioning themselves in U.S....

Oil Prices Surge on OPEC+ Output Delay Amid Political and Economic Events

Oil Prices Surge on OPEC+ Output Delay Oil prices experienced significant gains on Monday, climbing more than $1 following OPEC+s decision to delay output increases. This market movement comes as the U.S. prepares...

India's Manufacturing Sector Rebounds in October, Boosting Job Creation and Business Outlook

Indias Manufacturing Growth Gains Momentum in October Indias manufacturing sector witnessed a resurgence in October, marking a significant improvement after three months of slow growth. A recent survey indicates a...

Politics

Rep. Andy Biggs Declares ‘Red Wave Will Sweep the Nation’—House, Senate, and Trump Victory in the Cards for 2024?

Arizona Representative Andy Biggs recently forecasted a sweeping victory for Republicans in the upcoming 2024 election, predicting that the GOP will not only retain control of the House but also seize the Senate. Moreover,...

Pollster Predicts Trump Landslide ‘Just Like Reagan in 1980’—Can He Truly Win Over the Swing Voters?

Mark Mitchell, the head pollster at Rasmussen Reports, recently suggested that former President Donald Trump could be positioned to win the 2024 election in a landslide victory reminiscent of Ronald Reagans overwhelming...

Trump Leads Kamala Harris by 10.5 Points in Iowa—‘Selzer Poll Must Be Wrong!’ Will Independents Shift Iowa’s Election Outcome?

Former President Donald Trump holds a 10.5-point lead over Vice President Kamala Harris in Iowa, according to a recent poll from Emerson College. The poll, which surveyed registered voters with a sample that included 36%...

National Guard Troops on Standby for Election ‘Unrest’ in Three States—Is This a Precaution or Overreach?

National Guard troops in Washington state, Oregon, and Nevada have reportedly been placed on standby ahead of the upcoming elections, according to sources close to state security officials. The deployment is a...

Trump Says Removing Fluoride from Public Water ‘Sounds OK to Me’—Is He Joining RFK Jr.’s Health Freedom Crusade?

Former President Donald Trump recently voiced tentative support for Robert F. Kennedy Jr.s pledge to remove fluoride from public water supplies, a proposal that has sparked significant debate and drawn criticism from...

Science

SpaceX’s $2.9 Billion Moon Ship Reveals Spacious Design for Future Lunar Missions

SpaceXs latest prototype of its Starship Human Landing System (HLS) offers an inside look at the spacious, two-story design that could soon carry astronauts to the Moon. A central feature in NASAs Artemis program, this...

CDC Urges Second COVID-19 Vaccine for Seniors: ‘Protect Your Health This Season!’ Experts Say It’s Critical

In a recent public health announcement, the Centers for Disease Control and Prevention (CDC) recommended that individuals aged 65 and older receive a second dose of the 2024-2025 COVID-19 vaccine. This additional dose, the...

Breakfast Secrets: 'Fiber-rich Foods Are the Key to Weight Loss!' Experts Reveal Shocking Truth

Health experts often emphasize the importance of a balanced diet combined with regular exercise for weight management. However, for many, achieving these goals can be a daunting challenge. Instead of drastic food...

Scabies Surge Sparks Alarm: Doctors Warn Brits, 'Don't Ignore That Rash!'

Doctors in the United Kingdom are sounding the alarm over a dramatic rise in scabies cases, urging residents not to dismiss any signs of the itchy skin condition. Recent data shows that hospitals detected approximately...

Just 21 Minutes of Cycling a Day Is 'All You Need' for Total Health, Claims Expert

John Vinton, CEO of Aventon Bikes, insists that just 21 minutes of cycling each day can drastically enhance your health. This simple yet transformative practice can lead to a multitude of benefits, including reduced risks...

Technology

Tesla's First Philippine Store Opens Nov. 9, Bringing EV Sales to Manila's Uptown Bonifacio

Tesla will open its first store in the Philippines on Nov. 9, expanding its presence in Southeast Asia with a location in Manilas Uptown Bonifacio. The stores debut marks Teslas latest effort to boost electric vehicle...

Nvidia and Elon Musk's xAI Reportedly Eye Landmark Investment Deal

Elon Musks AI venture xAI is reportedly in talks with Nvidia for a substantial investment that could accelerate the development of its large language model, Grok. Sources suggest this move might significantly impact the...

SK hynix Debuts Industry-Leading 48GB 16-High HBM3E Memory, Revolutionizing AI Accelerator Performance

At the SK AI Summit 2024, SK hynix CEO Kwak Noh-Jung unveiled the worlds first 16-high 48GB HBM3E memory solution, pushing AI memory capabilities to unprecedented levels. The advanced HBM3E solution promises enhanced...

Samsung Defies NVIDIA Fall-Out Rumors, Eyes HBM3E Integration in AI Accelerators Next Quarter

Samsung appears poised to overcome setbacks in its quest to supply HBM3E memory to NVIDIA, aiming to establish itself in the AI accelerator market. With key milestones reportedly completed, Samsung may soon join the ranks...

Ethereum Seen as Amazon of the 90s by Analyst: Is Wall Street Missing Out?

An analyst at 21Shares sees Ethereums potential as akin to Amazons meteoric rise in the 90s, arguing that Wall Street is only beginning to understand its disruptive power. With billions in decentralized finance and a...