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FxWirePro: Gravestone doji at peaks of XAU/USD, more slumps on cards despite momentary gains ahead Yellen’s testimony

Feb 10, 2016 14:00 pm UTC| Technicals

The yellow metal has slumped to give up last weeks gains, a recent sharp jump propped up to 1200.07 (6 months highs) where it is also testing crucial resistance. That is where bears began being alert that has dropped this...

FX Hedging Strategy Series

FxWirePro: What is cable vols – Risk reversals favor GBP/USD’s slumps than EUR/GBP gains

Feb 10, 2016 13:12 pm UTC| Technicals

While, conducting risk reversal analysis coupled with 6M IVs, cable vols are trading much cheaper than EURGBP even though more downside potential seen in GBPUSD than EURGBPs upside risks. Although GBP volatilities are not...

FxWirePro: EUR/USD forms Bearish BAT Pattern, good to sell on rallies

Feb 10, 2016 12:39 pm UTC| Technicals

Harmonic Pattern Formed - Bearish BAT pattern Potential Reversal Zone (PRZ) - 1.1340 The pair has retreated after making a high of 1.1340. It is currently trading around 1.12598. On the lower side major...

FX Hedging Strategy Series

FxWirePro: EUR/GBP and GBP/USD vols look cheaper than EUR/USD in Brexit scenario

Feb 10, 2016 12:17 pm UTC| Technicals

EUR/GBP forward volatility is cheaper (for next 3 months expiries) because EUR risk (shifting the entire curve higher) somewhat offsets future GBP risk (causing the steepness of both GBP curves). However, EUR risk is...

USD/CAD Intraday outlook

Feb 10, 2016 11:07 am UTC| Technicals

Pair is well supported below 1.40 marks and currently trading at 1.3873 levels. Intraday outlook remains slightly bearish for the moment. A break of 1.4102 marks is required to confirm to bullish...

GBP/JPY Trade idea

Feb 10, 2016 10:39 am UTC| Technicals

Minor resistance -166.60 (trend line joining 167.18 and 166.91) Minor support - 165.30 (trend line joining 164.79 and 165.27) The pair faces strong minor resistance around 166.67 and break above targets...

GBP/USD dips below $1.4440 but immediately recovers above $1.45 despite the negative manufacturing data

Feb 10, 2016 10:20 am UTC| Technicals

Pair is currently trading at $1.4504 levels. It made intraday high at $1.4510 and low at $1.4435 levels. UK released manufacturing production data with negative numbers. Manufacturing production data failed to meet...

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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...