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FxWirePro: GBP/USD holds above 1.3900 levels but upside is limited

Feb 25, 2016 16:02 pm UTC| Technicals

GBP/USD traded around 7 ½ years low on Thursday, on continued worries Britain may exit Eurozone. The pair hit low at 1.3902 in the early US session before recovering towards 1.3940 levels. Currently the pair is...

Gold consolidates around 1235 level, outlook is bullish- Go long around 1210, targets around 1235/1260, SL 1198

Feb 25, 2016 15:27 pm UTC| Technicals

The yellow metal inched higher on Thursday, as US dollar weakened and fresh bullion funds buying boosted yellow metals demand. The commodity rebounded strongly after finding support at 1220 in the early European session,...

FxWirePro:EUR/USD trades below 21-DMA,more downside expected

Feb 25, 2016 15:11 pm UTC| Technicals

The EUR/USD pair traded in lower range on Thursday as the pair attracted sellers on fears of possible Brexit from Eurozone. The ongoing weakness is set to continue for this pair as the resistance level at 1.1040 is...

FX Hedging Strategy Series

FxWirePro: Use EUR/CHF butterfly spreads on tepid OTC market set up, IVs tepid and neutral risk reversals but bearish bias in long run

Feb 25, 2016 14:20 pm UTC| Technicals

The OTC options market appeared to be more balanced on the direction for the pair over the 1m to 1y time horizon and as a result delta risk reversal for EURCHF was turning into negative over the period of time. From the...

FxWirePro: EUR/CHF history is likely to repeat again after failure swing - time for momentary bears with SL at 1.0941

Feb 25, 2016 13:04 pm UTC| Technicals

On weekly plotting, after three weeks of upswings we traced out a sharp gravestone doji at 1.1048 levels to signify the weakness again in this pair. As a result, the brief upswings could not sustain and drop below the...

GBP/JPY Trade Idea

Feb 25, 2016 12:20 pm UTC| Technicals

Major resistance - 157.07 The pair has recovered from the low of 154.71 and jumped till 157.12.Intraday trend is slightly bullish as long as support 155.80 holds. On the higher side any break above 157.07 will take the...

GBP/JPY Trade Idea

Feb 25, 2016 12:14 pm UTC| Technicals

Major resistance - 157.07 The pair has recovered from the low of 154.71 and jumped till 157.12. Intraday trend is slightly bullish as long as support 155.80 holds. On the higher side any break above 157.07 will take the...

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Economy

Gulf Ceasefire Cracks Rattle Asian Markets and Push Oil Prices Higher

Optimism in Asian financial markets faded quickly on Thursday as early signs of instability in the Gulf ceasefire sent oil prices climbing again, reinforcing fears of a prolonged inflationary impact on the global economy....

Dollar Stabilizes Amid Fragile US-Iran Ceasefire as Markets Watch Hormuz Strait

The U.S. dollar edged higher in early Thursday trading after suffering broad losses, as investors cautiously monitored the durability of a two-week ceasefire between the United States and Iran. The dollar index climbed a...

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Politics

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Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

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China vs. NASA: The New Moon Race and What's at Stake by 2030

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FCC Moves to Ban All Chinese Labs From Testing U.S. Electronics

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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

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 Crew Arrives in Florida for Historic Moon Mission

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

SpaceX CEO Elon Musk has revealed a significant shift in the companys near-term space exploration strategy, announcing that SpaceX is now prioritizing the development of a self-growing city on the Moon rather than focusing...

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

Elon Musks SpaceX is shifting its near-term space exploration strategy, choosing to prioritize a return to the Moon before pursuing missions to Mars, according to a recent Wall Street Journal report citing sources familiar...

Technology

Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

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

Samsung Electronics delivered a stunning financial turnaround in the first quarter of 2025, projecting operating profit of approximately 57.2 trillion won (roughly $38 billion) a more than eightfold increase compared to...

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

Taiwans National Security Bureau has raised serious concerns about Beijings escalating efforts to infiltrate the islands world-class semiconductor industry. According to a report submitted to Taiwanese lawmakers, China is...

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

Apples highly anticipated foldable iPhone is running into significant engineering hurdles during its test phase, raising concerns about potential delays in both mass production and product shipments, according to a report...
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