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GBP/CAD Trade Idea

Jan 06, 2016 10:52 am UTC| Technicals

Major trend line resistance - 2.0560 (trend line joining 2.0860 and 2.0730) Major support -2.0396 The pair has broken major trend line resistance 2.056 and jumped till 2.0590. It is currently trading around...

FxWirePro: EUR/AUD breaks above channel top, gains till 1.5277 likely

Jan 06, 2016 10:50 am UTC| Technicals

EUR/AUD has broken channel top at 1.5105 after multiple attempts since Dec 10th and is currently trading at 1.5188 levels. Upside in the pair was capped at 1.52 levels which is 38.2% Fib of 1.6585 to 1.4347 fall,...

FX Hedging Strategy Series

FxWirePro: Spiking AUD/USD OTC volumes propel IVs, while risk reversals signals downswings

Jan 06, 2016 10:41 am UTC| Technicals

AUD/USD is still stuck in its 0.70/0.7380 range, mirroring the lack of direction in front-end AU-US rate spreads. We think the spread could narrow from both sides over the next 3m, pushing AUD/USD lower. Our...

FxWirePro: BTC/EUR faces strong support around 371, good to buy at dips

Jan 06, 2016 10:14 am UTC| Technicals Digital Currency

BTC/EUR is consolidating in narrow range between 371 and 405. It is currently trading around 402. The pair has declined till 390.84 yesterday and slightly jumped from that level. On the higher side minor...

CAD hits 12-year low against USD, USD/CAD at 1.4094 levels

Jan 06, 2016 09:54 am UTC| Technicals

Uptrend resumed by taking out 1.4000 and reaches as high as 1.4094 so far. Break of 1.4094 levels may take the pair towards 1.4163 levels. Oil prices were also down on Tuesday, adding extra pressure on the...

FxWirePro: GBP/JPY breaks major support at 174.20, decline till 171 is possible

Jan 06, 2016 09:46 am UTC| Technicals

The pair broke major support at 174.90 and is currently trading at 173.43, bias remains on the downside. GBP/JPY extends downside, trades in a falling channel, currently at 173.50, after hitting multi-year lows at...

FxWirePro: BTC/USD faces resistance around $436, break above targets$ 466

Jan 06, 2016 09:38 am UTC| Technicals Digital Currency

Chart Pattern Formed- Ascending Triangle Pattern BTC/USD declined till $426 yesterday and recovered from that level. It is currently trading around $430.74 hort term trend is still bullish as long as support $400...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

Wall Street analysts remain divided on the U.S. natural gas outlook, citing near-term price weakness alongside robust long-term demand fundamentals driven by LNG exports and growing global power consumption. Benchmark...

Chinese Brands Are Taking Over Brazil — And It's Just Getting Started

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Bank of America Maintains Forecast for Two Fed Rate Cuts in 2026 Despite Inflation Risks

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Trump Claims Oil Tankers Heading to U.S. Amid Iran War and Strait of Hormuz Crisis

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Politics

U.S.-Iran Peace Talks in Islamabad Pause With Key Differences Unresolved

High-stakes diplomatic negotiations between the United States and Iran wrapped up in Islamabad, Pakistan on Sunday after roughly 14 hours of intense discussion, marking the first direct engagement between the two nations...

Islamabad at a Standstill as U.S.-Iran Peace Talks Take Center Stage

Islamabad has been transformed into a virtual ghost town as high-stakes direct negotiations between the United States and Iran got underway for the first time in years. Pakistani authorities imposed a citywide lockdown,...

Costa Rica Receives First Wave of U.S.-Deported Migrants Under New Bilateral Agreement

Costa Rica officially welcomed its first group of U.S.-deported migrants on Saturday, marking a significant milestone in a bilateral deportation agreement signed between the two nations in March. The group comprised 25...

U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

High-stakes diplomatic negotiations between the United States and Iran entered their second day in Islamabad on Sunday, with both sides still far apart on key issues particularly American demands over the Strait of...

Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

U.S. President Donald Trump issued a stark warning to China on Sunday, cautioning that Beijing would face serious consequences if it were to supply weapons to Iran. The statement, delivered to reporters outside the White...

Science

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

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

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

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

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...

Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

OpenAI disclosed a security concern on Friday involving a third-party developer tool known as Axios, which is connected to the process used to verify the authenticity of its macOS applications. The company confirmed it has...

San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

San Francisco police arrested a 20-year-old suspect Friday following a pre-dawn attack on OpenAI CEO Sam Altmans residence in the citys North Beach neighborhood. According to the San Francisco Police Department, an...

SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

Nasdaq Inc. confirmed late Friday that SanDisk Corporation will enter the Nasdaq-100 Index, taking the spot previously held by Atlassian Corp Plc when markets open on Monday, April 20, 2026. The change signals a broader...

TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

Taiwan Semiconductor Manufacturing Company (TSMC), the worlds leading contract chipmaker, has reported first-quarter revenue of T$1.134 trillion (approximately $35.71 billion USD), surpassing analyst expectations and...

Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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