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FX Hedging Strategy Series

FxWirePro: USD/CHF valuations seems tighter at 1.0032 after rejecting channel line resistance, short strangle for speculation

Mar 10, 2016 14:22 pm UTC| Technicals

The pair could not hold onto major resistances at 1.0093 and 1.0032 levels. On the flips side, it was neither ready to give up below 7DMA. On monthly terms, although dollar showing much volatility against Swiss franc...

FX Hedging Strategy Series

FxWirePro: USD/CHF IVs no exception from rising ahead of SNB's policy season, trend narrowing - short HY IVs via OTM strangles

Mar 10, 2016 13:23 pm UTC| Technicals

Since it stepped up into a higher range in July/August, EUR/CHF has been stuck trading around 1.07/1.10. That still leaves USD/CHF determined by EUR/USD. After the ECB eased by less than expected in early December, the...

FxWirePro: Buy DAX30 around 9930-9950 with SL around 9800 for the TP of 10160/10400

Mar 10, 2016 13:01 pm UTC| Technicals

Major resistance - 9925 (Jan 27th high) Major support -9840 (3 day EMA) DAX30 has broken major resistance 9926 and jumped till 9987 at the time of writing.It is curretly trading around 9966 Buy DAX30 around 9930-9950...

FxWirePro: GBP/USD faces strong support at 1.4170, good to sell on rallies

Mar 10, 2016 12:05 pm UTC| Technicals

Major resistance - 1.42760 (trend line joining 1.46633 and 1.45704) Major support - 1.41700 The pair has retreated once again after making a high of 1.4240. It is currently trading around 1.42040. Short term trend is...

BTC/USD trades flat, break above $415 targets $450

Mar 10, 2016 11:04 am UTC| Technicals Digital Currency

Minor resistance - $415 BTC/USD has recovered till $415 after making a low of $382. It is trading around $410. Short term trend is slightly bullish as long as support $370 holds. On the lower side major...

CAD/CHF Trade Idea

Mar 10, 2016 10:18 am UTC| Technicals

Candle Stick pattern- Shooting Star Major resistance - 0.7550 (trend line joining 0.74615 and 0.75163) Major support - 0.74350 (trend line joining 0.71350 and 0.73922) Canadian dollar gained against all major pairs...

EUR/CHF fails to break key resistance at 1.10, intraday bias remains bearish for the moment

Mar 10, 2016 09:59 am UTC| Technicals

Pair is currently trading around 1.0930 levels. It made intraday high at 1.0974 and low at 1.0928 levels. Intraday bias remains bearish till the time pair holds key resistance at 1.0999 levels. Alternatively, current...

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Economy

China Keeps Benchmark Lending Rates Steady as Economic Outlook Remains Cautious

China has once again kept its benchmark lending rates unchanged, extending the pause in monetary policy adjustments to a seventh consecutive month in December, in line with broad market expectations. The Peoples Bank of...

Asian Stocks Rise as Wall Street Tech Rally Lifts Markets, Yen Slumps Despite BOJ Rate Hike

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Politics

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Justice Department Restores Trump Photo in Epstein Files After Review Clears Image

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

A group of nine Republican U.S. lawmakers has formally urged the Pentagon to expand its list of Chinese companies accused of supporting Chinas military, intensifying scrutiny of Beijing-linked technology firms amid rising...

Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

Dina Powell McCormick has resigned from Meta Platforms board of directors effective immediately, just eight months after joining the social media company, Meta confirmed on Friday. The unexpected departure comes at a time...

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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