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USD/CHF trades above 1.000, jump till 1.0125 is possible

Mar 01, 2016 10:08 am UTC| Technicals

Major resistance - 1.0040 Major support - 0.9950 The pair has retreated after making a high of 1.00370. It is currently trading around 1.0029. Short term trend is slightly bullish as long as support 0.9950...

USD/MXN fails to break key support level at 17.98, intraday bias remains neutral

Mar 01, 2016 09:14 am UTC| Technicals

Pair is currently trading at 18.0395 levels. It made intraday high at 18.1692 and low at 18.0109 levels. Intraday bias remains neutral till the time pair holds key support level at 17.98 levels. A daily...

FxWirePro: Recovery in oil prices to keep CAD supported, good to sell EUR/CAD rallies

Mar 01, 2016 08:22 am UTC| Technicals

EUR/CAD hits multi-week lows at 1.4677, bears look relentless, scope for further downside. The pair is being taken down with high volumes, 1.450 next bear target, further downside to see 1.44 levels. Oil prices...

FxWirePro: FTSE100 faces major support around 6040, good to buy at dips

Mar 01, 2016 07:40 am UTC| Technicals

Major support - 6040 (55 day H EMA) Major resistance - 6103 (trend line joining 6116 and 6106) The index has formed a temporary bottom around 6040 and started to recover from that level. It is currently trading...

FX Hedging Strategy Series

FxWirePro: AUD's interim gains likely on RBA's neutral policy - use EUR/AUD backspreads to reduce hedging cost on HY IVs

Mar 01, 2016 07:40 am UTC| Technicals

AUD seems adjusting higher after RBAs unchanged monetary policy.The statements description of the AUD was little changed, saying the exchange rate has been adjusting to the evolving economic outlook [previous: continued...

FxWirePro: EUR/GBP trades a narrow range, awaits UK and EU PMI data

Mar 01, 2016 07:28 am UTC| Technicals

EUR/GBP trades largely range-bound on the day, with the days high at 0.7821 and lows at 0.7802. Pair is holding just above the 0.7800 handle, which is key support, breaks below could see downside to 0.77...

USOIL faces strong resistance around $34.70, break above targets $40

Mar 01, 2016 07:19 am UTC| Technicals

Major resistance - $34.70 (trend line joining $34.78 and $34.66) Major support - $33.25 USOIL has recovered after making a low of $32.31. It is currently trading around $34.22. Major resistance is around...

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Economy

U.S.-Iran Ceasefire: Fragile Truce Raises Hopes for Strait of Hormuz Peace Deal

A temporary ceasefire between the United States, Iran, and Israel is holding but just barely. U.S. Vice President JD Vance described the two-week truce as fragile on Wednesday, warning that Iran appeared to be...

Gold Surges Near 3-Week High as Trump-Iran Ceasefire Eases Geopolitical Tensions

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Oil Prices Crash Nearly 15% After Trump-Iran Ceasefire Deal

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U.S. Stock Futures Surge as Trump Announces Iran Ceasefire, Oil Prices Plunge

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U.S.-China Trade Talks: Trump and Xi Set for Summit Amid Rare Earths Focus

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Politics

Trump Meets NATO Chief Rutte Amid Alliance Tensions Over Iran War

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UK PM Keir Starmer Heads to Middle East Amid Ceasefire Agreement

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Trump Credits China for Brokering Iran-Israel-U.S. Ceasefire

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Xi Jinping Pushes Demand-Driven Strategy to Modernize China's Service Sector

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Trump Announces U.S. Military Presence in Strait of Hormuz Following Iran Ceasefire Deal

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Science

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

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SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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Technology

U.S. Disrupts Russian Military Hackers' Global DNS Hijacking Network

The U.S. Justice Department has successfully executed a court-authorized operation to dismantle a DNS hijacking network tied to Russian military intelligence. The network was run by GRU Military Unit 26165, a cyber unit...

Samsung Electronics Posts Eightfold Profit Surge Driven by AI Chip Demand

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China's Push to Steal Taiwan's Chip Technology and Talent Raises Security Alarms

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Apple's Foldable iPhone Faces Engineering Setbacks, Mass Production Timeline at Risk

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Britain Courts Anthropic Amid US Defense Department Dispute

The United Kingdom is actively working to attract Anthropic, the company behind the popular Claude AI app, to expand its footprint in the country. This diplomatic push comes as Anthropic finds itself in the middle of a...
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