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FxWirePro: EUR/GBP rebounds from 0.7232 lows, but struggling at cloud top

Dec 17, 2015 10:52 am UTC| Technicals

EUR/GBP pullback found support at daily Tenkan by 0.7235, weakness seen on break below 200 DMA at 0.7201. Rally in the pair has stalled by 61.8 % Fib of Oct 13th to Nov 17th dip at 0.73, bulls unable to take the pair...

FxWirePro: BTC/EUR faces strong support around 400, good to buy at dips

Dec 17, 2015 09:37 am UTC| Technicals Digital Currency

BTC/EUR has declined till 403 and slightly recovered from that level. It is currently trading around 418. On the higher side minor resistance is around 425 and break above targets 400/422/441. The pairs major...

FxWirePro: BTC/USD faces strong resistance around $465, good to buy at dips

Dec 17, 2015 07:52 am UTC| Technicals Digital Currency

Major resistance - $465 The pair is consolidating within narrow range between $465 and $436. It is currently trading around $446. Short term trend is still bullish as long as support $425 holds. Any break...

FxWirePro: GBP/JPY faces strong trend line resistance at 183.80, good to sell on rallies

Dec 17, 2015 07:23 am UTC| Technicals

GBP/JPY jumped till 183.72 and started to retreat from that level.. It is currently trading around 183.03. The major intraday resistance is around 183.80 (trend line joining 186.34 and 185.05) and any break above will...

FX Hedging Strategy Series

FxWirePro: Gold non direction yet make money, leveraging touch to existing XAU/USD spot longs with covered strangle

Dec 17, 2015 07:23 am UTC| Technicals

Do you expect anything dramatic in golds prices from yesterdays Yellens rate hike except little cushion? Apart from those 25 bps, she also alerted that it does not plan to end reinvestments of payments from its holdings...

Impact of Fed Rate hike on European Stock market

Dec 17, 2015 06:59 am UTC| Technicals

Jannet Yellen has finally ended its zero -interest rate policy yesterday by hiking 25bpbs.The US Federal Open Market Committee (FOMC) said that any future rate hikes will be gradual after Wednesdays initial move. The...

FX Hedging Strategy Series

FxWirePro: Avoid adding longs in WTI crude, vertical spreads serve speculating objectives too as retesting of 11-1/2 years lows most likely

Dec 17, 2015 06:24 am UTC| Technicals

The technicals for this commodity still suggest sell indications. In between last three days upswings a bearish shooting star has popped back again a day before yesterday when EIAs inventory check was due. Now we hope...

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Politics

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Science

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Technology

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

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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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