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FTSE 100 breaks major support around 5915, decline till 5800 is possible

Feb 24, 2016 09:15 am UTC| Technicals

Major support -5915 Minor resistance - 5973 FTSE has declined till 5917 at the time of writing and slightly recovered from that level. It is currently trading around 5921. On the lower side any break below...

FX Hedging Strategy Series

FxWirePro: AUD/JPY forms triple top, takes neckline support - speculate via one touch binary but stay short for delivery

Feb 24, 2016 08:15 am UTC| Technicals

After the breach of support 81.300, the formation of triple top has been confirmed and we think the pair has gone more fragile to evidence more dips upto next strong supports at around 79.645 and may even retest all time...

FxWirePro: EUR/JPY continues to hit fresh yearly lows, scope for test of 119 levels

Feb 24, 2016 08:03 am UTC| Technicals

EUR/JPY has broken below strong channel base support at 125 levels, to extend downside. The pair continues to hit fresh yearly lows at 123.028, levels last seen in Apr 2013, further weakness likely. Downside...

FxWirePro: DAX30 faces strong support at 9300, good to buy at dips

Feb 24, 2016 07:56 am UTC| Technicals

Major support -9300 Major resistance - 9620 DAX has made a high of 9580 and started to decline from that level. It is currently trading around 9420. Short term trend is slightly bullish as long as support...

FxWirePro: S&P 500 forms Bullish Bat pattern, good to buy at dips

Feb 24, 2016 07:54 am UTC| Technicals

Harmonic Pattern formed - Bullish Bat pattern Potential Reversal Zone (PRZ) - 1900 The index has made a low of 1912 and slightly recovered from that level. Short term trend is lighty bullish as long as support...

FX Hedging Strategy Series

FxWirePro: Don't rush to buy USD/JPY, instead buy delta risk reversals and stay hedged via Call Xmas tree or doubling puts

Feb 24, 2016 07:36 am UTC| Technicals

From the nutshell showing delta risk reversal of ATM contracts, it is understood that the ATM puts have been on high demand since hedging activity for downside risks piling up (this is justifiable with the mounting selling...

AUD/NZD fails to break key resistance at 1.0873, intraday bias remains neutral

Feb 24, 2016 07:23 am UTC| Technicals

Pair is currently trading at 1.0855 levels. It made intraday high at 1.0873 and low at 1.0829 levels. Intraday bias remains neutral for the moment. A daily close above key resistance at 1.0873 levels will...

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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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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

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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Israel Strikes Lebanon Amid Iran Ceasefire, UN Condemns Mass Casualties

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Mexico Appoints Roberto Velasco as New Foreign Minister Amid USMCA Trade Review

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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

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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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