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FxWirePro: EUR/JPY bears relentless, 125.50 next likely target

Feb 11, 2016 07:21 am UTC| Technicals

EUR/JPY down around 300-pips in two days, techs indicate further downside for the pair. The major has been trading a falling channel and tests of 125.50 levels likely on charts. The following support further...

USD/JPY at fresh 1-year low, intraday bias remains bearish

Feb 11, 2016 07:06 am UTC| Technicals

USD/JPYs fall continues today and made fresh yearly low as 112.32 so far. It made intraday high at 113.58 and low at 112.32 levels. Intraday bias remains downside for the moment. On the downside, minor...

FX Hedging Strategy Series

FxWirePro: Use ATM and OTM puts in GBP/JPY 2:1 PRBS - ATM delta put ensures underlying outrights

Feb 11, 2016 07:06 am UTC| Technicals

Overall trend of this pair fixes it bearish view for a target of 160.207 and may even tumble up to 156.480 in near terms. We can ponder arresting this potential downside risks through Put Ratio back Spread in 2:1...

Gold breaks major resistance at $1205, targets $1258/$1300

Feb 11, 2016 06:44 am UTC| Technicals

Major resistance -$1205 (trend line joining $1387 and $1307) Major support - $1148 (55 W EMA) The commodity has broken trend line resistance $1205 and jumped till $1214. It is currently trading around...

No comments for Gold, just enjoy positive trend

Feb 11, 2016 06:16 am UTC| Technicals

Gold prices were immediately affected by the Fed Chair Yellen speech. Pair broke the major resistance level at $1200 and made intraday high at $1214 marks. Intraday bias in Gold remains bullish for the...

FxWirePro: Never buck the GBP/JPY downtrend - no trace of buying sentiments, more dips on cards

Feb 11, 2016 06:10 am UTC| Technicals

The shooting star formation at the peaks at around 166.690 onintraday chart evidences sharp dips with both leading and lagging indicators to converge these slumps. After yesterdays break below the supports at 164.726...

US OIL takes support near golden ratio, jump till $29.15 likely

Feb 11, 2016 06:07 am UTC| Technicals

Intraday Trend - Slightly Bullish Major support - $26.60 (161.8% retracement of $29.38 and $33.57) US OIL has taken support near 161.8% retracement (golden ratio) and jumped slightly from that level. It is currently...

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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**

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

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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

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...

Trump Leading Kamala Harris in Every Swing State—‘These Numbers Are Troubling for Democrats!’ Will She Be Able to Secure Voters’ Confidence?

A new poll from AtlasIntel shows former President Donald Trump leading Vice President Kamala Harris in all critical swing states, raising questions about her potential viability as a presidential candidate. The poll,...

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

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...

China’s DeepRoute.ai Secures $100M to Lead Autonomous Driving, Eyes 200,000-Car Rollout by 2025

Chinese autonomous driving innovator DeepRoute.ai has raised $100 million from an unnamed local carmaker, aiming to outfit 200,000 vehicles with its advanced driving system by 2025. This bold move positions DeepRoute.ai to...