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FxWirePro: GBP/USD trade idea

Sep 06, 2017 12:29 pm UTC| Technicals

GBP/USD continuing its rally and hits one month high after breaking psychological resistance 1.3000 level yesterday. Cable jumped till 1.30480 highest since Aug 11th in spite of weaker than expected data in construction...

FxWirePro: EUR/GBP capped below 20-DMA, focus on ECB policy decision

Sep 06, 2017 11:12 am UTC| Technicals

EUR/GBP is extending slide after rejection at 0.93 handle. The pair has slipped below 20-DMA at 0.9166 which now caps recovery in the pair. Bearish divergence keeps scope for downside, next major support at...

FxWirePro: EUR/USD trades in narrow range, market eyes ECB for further direction

Sep 06, 2017 11:11 am UTC| Technicals

EUR/USD is consolidating in narrow range and shown a minor recovery after hitting trend line support yesterday. The pair is waiting for ECB meeting which is to be held on Sep 7th for further direction. It is currently...

FxWirePro: USD/CAD breach below 38.2% Fibos to extend 2-years lows, more slumps on cards upon bearish DMA crossover – Tunnel spreads for trading

Sep 06, 2017 10:45 am UTC| Technicals

USDCAD slides in corrective mode even after retracing 38.2% Fibonacci levels, it is currently extending 2-years lows at 1.2385 levels. We foresee more slumps upon bearish DMA and EMA crossover on both daily and monthly...

FxWirePro: GBP/AUD breaks above 20-DMA, good to go long on dips

Sep 06, 2017 10:41 am UTC| Technicals

GBP/AUD shows break above 20-DMA at 1.63, intraday bias higher. The pair is trading in a downward sloping channel, but bullish Stochs divergence keeps scope for upside. Break above 20-DMA likely to see test of...

FxWirePro: AUD/NZD finds strong support at 1H 200-SMA (1.1022), good to go short on break below

Sep 06, 2017 09:15 am UTC| Technicals

AUD/NZD is extending downside for 3rd consecutive session, trades below 5-DMA. Upside remains capped below major trendline resistance at 1.1150, only breakout above could see extension of upside. RSI and Stochs...

FxWirePro: GBP/USD hits one month high, good to buy on dips

Sep 06, 2017 09:05 am UTC| Technicals

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Economy

U.S. Stocks Hold Steady After Christmas as Trading Volumes Stay Light

U.S. stocks were mostly unchanged following the Christmas holiday, as subdued trading activity and thin volumes defined the session ahead of a shortened New Years trading week. With many global markets still observing...

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Politics

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Science

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

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Technology

Nvidia and Groq Strike Strategic AI Inference Licensing Deal

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TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards

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Nvidia to Acquire Groq in $20 Billion Deal to Boost AI Chip Dominance

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Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling

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FTC Praises Instacart for Ending AI Pricing Tests After $60M Settlement

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