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FxWirePro: Gold retreats after making a high of $1112, good to buy at dips

Jan 08, 2016 12:10 pm UTC| Technicals

The commodity has slightly retreated after making a high of $1112. It is currently trading at $1099. Short term trend is still bullish as long as support $1078 holds. Any break below $1078 will drag the commodity to...

FxWirePro: EUR/GBP edges lower from highs at 0.7478, more downside instore on close below channel top

Jan 08, 2016 12:04 pm UTC| Technicals

EUR/GBP has reversed days gains from highs of 0.7478 and is trading at 0.7447 levels. A close below channel top 0.7454 will see downside upto 0.7393 levels and further below to 0.7360. Daily Stochs are at...

GBP/AUD Trade Idea

Jan 08, 2016 11:57 am UTC| Technicals

The pair has jumped till 2.086 after breaking minor trend line resistance 2.045 (trend line joining 2.1269 and 2.09682). It is currently trading around 2.0769. GBP/AUD is facing resistance around 2.095 (trend line joining...

FxWirePro: Gravestone Doji on AUD/USD charts shows selling pressure at highs

Jan 08, 2016 11:39 am UTC| Technicals

AUD/USD broke major trendline support at 0.71 on Wednesdays trade to edge lower. It fell to a 3-month low of 0.6980 on Thursday, before recovering to session highs at 0.7076 on the day. The antipodeans remained...

FxWirePro: USD/CAD retreats after making a high of 1.4169, good to buy at dips

Jan 08, 2016 09:42 am UTC| Technicals

Loonie has made a high of 1.4169 and started to decline from that level. It is currently trading around 1.4110 The pair has declined till 1.4050 and recovered from that level. Short term trend is still bullish as...

FxWirePro: GBP/AUD faces resistance around 2.095, good to buy at dips

Jan 08, 2016 09:02 am UTC| Technicals

The pair has jumped till 2.086 after breaking minor trend line resistance 2.045 (trend line joining 2.1269 and 2.09682). It is currently trading around 2.0769. GBP/AUD is facing resistance around 2.095 (trend line...

FX Hedging Strategy Series

FxWirePro: Cover NZD/USD longs to build long term hedging with diagonal delta combos

Jan 08, 2016 08:36 am UTC| Technicals

Long term Hedging Perspectives: The risk bias to antipodean currencies remains firmly to the downside in 2016. Hence, we are bearish on NZD for 2016 and forecast NZD/USD at 0.59 by Q1 of 2016 and 0.61 by Q4 of...

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Science

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Technology

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

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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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