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BTC/USD breaks major support $200, decline till $165 is possible

Aug 26, 2015 08:00 am UTC| Technicals Digital Currency

BTC/USD has broken major support $211 and declined till $192 from that level. Short term trend is bearish as long as resistance $220 holds. The minor resistance is around $220 and break above will take the pair to...

FxWirePro: EUR/USD vega spreads job done – option strips well placed as hedging material

Aug 26, 2015 07:42 am UTC| Technicals

Euro has been gaining on the back of all adverse news to dollar, that was the time when we advised vega spreads to tackle upside risks. Now our vega spread strategy has been taking care of current upswings. Rationale:...

FxWirePro: AUD/JPY short put ladder hedges short term bull run and resumption of bear trend

Aug 26, 2015 07:01 am UTC| Technicals

On daily charts, AUDJPY is moving as if moving averages are negatively correlated which could bring in the prices towards north in short term. While RSI and stochastic oscillators are puzzling this uptrend rallies. We...

FxWirePro: USD/CHF faces strong resistance around 0.9500, good to sell on rallies

Aug 26, 2015 06:46 am UTC| Technicals

USD/CHF has recovered till 0.95048 after making a low of 0.92569. Overall trend is till weak as long as resistance 0.9510 holds. The pair jumped till 0.94533 today morning and is currently trading at 0.9437...

GBP/CAD breaks short term support, targets 2.0670

Aug 26, 2015 06:12 am UTC| Technicals

GBP/CAD has formed temporary top around 2.0970 and declined till 0. it has recovered till 2.0958 and started to decline from that level. In Asian session the pair has broken short term trend line support 2.088 (trend line...

FxWirePro: Sell GBP/JPY on rallies 188.80-90 with SL around 190 for the TP of 186.60/185.90

Aug 26, 2015 05:48 am UTC| Technicals

GBP/JPY has recovered till 189.90 yesterday after making a low of 183.20. Overall trend is weak as long as resistance 190 holds. On the downside minor support is around 187.60 and any break below will drag the pair...

FxWirePro: AUD/NZD edges lower, upbeat NZ trade data boosts kiwi

Aug 26, 2015 05:36 am UTC| Technicals

Another choppy trading session for the antipodeans, with sentiment remaining brittle amid concerns over Chinas economy NZ trade data beat forecasts (Tuesday), posted a smaller-than-expected monthly trade deficit in July,...

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Economy

EU Delays Mercosur Free Trade Agreement Signing Amid Ukraine War Funding Talks

The European Union has decided to delay the formal signing of its long-anticipated free trade agreement with the Mercosur bloc, as EU leaders convened in Brussels to prioritize discussions on funding Ukraines war effort....

Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets

Gold prices edged slightly lower in Asian trading on Friday but were still on track to post modest weekly gains, as strong safe-haven demand continued to support the precious metals market. At the same time, silver and...

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves

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BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization

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Politics

U.S. and China Push for Ceasefire as Thailand–Cambodia Border Clashes Escalate

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Syria, Kurds and U.S. Race to Show Progress on SDF Integration Deal

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Putin Signals Possible Peace or Continued War in Ukraine at Major Year-End Address

Russian President Vladimir Putin is expected to send a significant signal to the United States and European powers regarding the future of the Ukraine war when he speaks at his annual end-of-year news conference on Friday....

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

The U.S. government under President Donald Trump has launched a formal review that could pave the way for the first-ever shipments of Nvidias H200 artificial intelligence chips to China, according to multiple sources...

Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

U.S. President Donald Trump has signed an executive order directing federal agencies to loosen regulations on marijuana, a move that could mark one of the most significant changes in U.S. cannabis policy in decades. The...

Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

NASA has significantly scaled back Boeings Starliner program after years of technical issues and delays, announcing that the next Starliner mission to the International Space Station (ISS) will fly without astronauts. The...

Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

Blue Origins massive New Glenn rocket marked a major milestone as it completed its first mission for paying customers, sending two NASA satellites toward Mars and successfully landing its reusable booster at sea. The...

Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

Cogent Biosciences (NASDAQ: COGT) shares skyrocketed over 120% after the biotech company announced groundbreaking results from its Phase 3 PEAK trial evaluating bezuclastinib in combination with sunitinib for patients with...

Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

TikTok has taken a major step toward securing its future in the United States after its Chinese parent company, ByteDance, announced it has signed binding agreements with three major investors to form a new joint venture...

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...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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