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FX Hedging Strategy Series

FxWirePro: GBP/USD OTC markets overreact ahead of FOMC, treasuries and fixed income spreads eyeing on risk

Dec 15, 2015 09:31 am UTC| Technicals

Apart from the FX market, the huge risk is associated with the weights of positions in spread product in the segment of fixed income, treasuries and in EM assets. Longer-term flows of capital out of risk assets would...

FxWirePro: Don’t trim Cable’s gains by going long – testing resistance at steeper trend line of falling wedge

Dec 15, 2015 08:21 am UTC| Technicals

The pair is on the verge of falling wedge pattern completion, as a result more dips are underway blending with supportive bearish indications. So going long at this juncture is not advisable, a decisive breach above...

EUR/USD breaks minor resistance 1.105, targets 1.1100/1.1138

Dec 15, 2015 07:55 am UTC| Technicals

EUR/USD has broken major resistance 1.1050 and this confirms intraday bullishness , a jump till 1.110 is possible . But further bullishness can be seen above this 1.1100 level. On break above 1.1100 will take the pair...

Major European Indices Technical Analysis

Dec 15, 2015 07:34 am UTC| Technicals

Germany DAX Index: Germany DAX index has recovered till 10446 and started to decline from that level. It is currently trading at 10268. The index minor support is around 10200 and break below targets...

FX Hedging Strategy Series

FxWirePro: 1%ITM and 1%OTM puts make butterfly spread attractive to hedge puzzling CAD/JPY swings

Dec 15, 2015 07:09 am UTC| Technicals

Technical Glance: Leading indicators are converging the downswings steeply, the prevailing prices have slid below 21DMA to signify downtrend to prolong. But minor price jumps should not be misinterpreted and perceive...

FxWirePro: Strong resistance for NZD/USD in 0.6810-20 zone, breaks above could see further gains

Dec 15, 2015 07:09 am UTC| Technicals

NZD/USD edging higher as USD retreats in Asia, the pair broke strong trendline resistance at 0.6780, further gains likely on breaks above 0.6820. Broadly lower USD helping underwrite move, also expectations of...

FxWirePro: GBP/NZD forms descending triangle pattern, good to sell on rallies

Dec 15, 2015 06:51 am UTC| Technicals

Pattern- Descending triangle pattern Major support - 2.2300 (trend line joining 2.2410 and 2.23150) GBP/NZD has declined till 2.2274 at the time of writing and slightly recovered from that level. Overall trend is...

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Economy

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Politics

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Science

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Technology

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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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