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FX Hedging Strategy Series

FxWirePro: AUD/JPY forms triple top, takes neckline support - speculate via one touch binary but stay short for delivery

Feb 24, 2016 08:15 am UTC| Technicals

After the breach of support 81.300, the formation of triple top has been confirmed and we think the pair has gone more fragile to evidence more dips upto next strong supports at around 79.645 and may even retest all time...

FxWirePro: EUR/JPY continues to hit fresh yearly lows, scope for test of 119 levels

Feb 24, 2016 08:03 am UTC| Technicals

EUR/JPY has broken below strong channel base support at 125 levels, to extend downside. The pair continues to hit fresh yearly lows at 123.028, levels last seen in Apr 2013, further weakness likely. Downside...

FxWirePro: DAX30 faces strong support at 9300, good to buy at dips

Feb 24, 2016 07:56 am UTC| Technicals

Major support -9300 Major resistance - 9620 DAX has made a high of 9580 and started to decline from that level. It is currently trading around 9420. Short term trend is slightly bullish as long as support...

FxWirePro: S&P 500 forms Bullish Bat pattern, good to buy at dips

Feb 24, 2016 07:54 am UTC| Technicals

Harmonic Pattern formed - Bullish Bat pattern Potential Reversal Zone (PRZ) - 1900 The index has made a low of 1912 and slightly recovered from that level. Short term trend is lighty bullish as long as support...

FX Hedging Strategy Series

FxWirePro: Don't rush to buy USD/JPY, instead buy delta risk reversals and stay hedged via Call Xmas tree or doubling puts

Feb 24, 2016 07:36 am UTC| Technicals

From the nutshell showing delta risk reversal of ATM contracts, it is understood that the ATM puts have been on high demand since hedging activity for downside risks piling up (this is justifiable with the mounting selling...

AUD/NZD fails to break key resistance at 1.0873, intraday bias remains neutral

Feb 24, 2016 07:23 am UTC| Technicals

Pair is currently trading at 1.0855 levels. It made intraday high at 1.0873 and low at 1.0829 levels. Intraday bias remains neutral for the moment. A daily close above key resistance at 1.0873 levels will...

FxWirePro: BTC/USD faces strong support around $390, good to buy at dips

Feb 24, 2016 06:28 am UTC| Technicals Digital Currency

BTC/USD breaks minor support and declined till $409 at the time of writing. It is currently trading around $412. Short term trend is still bullish as long as support $390 holds. Any break below $390 confirms...

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Economy

Russia Stocks End Flat as Energy Shares Support MOEX Index

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U.S. Stocks End Week Higher as Tech Rally Offsets Consumer Weakness

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Politics

Australia Mourns Bondi Beach Hanukkah Attack Victims as Government Orders Security Review

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Venezuela Condemns U.S. Seizure of Oil Tanker as “International Piracy”

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Bangladesh Mourns Slain Youth Leader as Funeral Draws Thousands Amid Political Unrest

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U.S. Intercepts Venezuelan Oil Tanker in International Waters Amid Escalating Blockade Tensions

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Google and Apple Warn U.S. Visa Holders to Avoid International Travel Amid Lengthy Embassy Delays

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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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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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