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FxWirePro: XAG/USD remains well supported above $17.60 mark, good to buy on dips

Jun 06, 2017 08:10 am UTC| Technicals

XAG/USD is currently trading around $17.63 marks. It made intraday high at $17.66 and low at $17.49 levels. Intraday bias remains bullish till the time pair holds key support at $17.48 mark. A daily close...

FxWirePro: USD/CHF upside capped by 5- day MA, good to sell on rallies

Jun 06, 2017 07:45 am UTC| Technicals

USD/CHF shown a minor recovery after forming a bottom around 0.96220. The pair shown a minor jump till 0.96650 and any minor bullishness can be seen only above 0.9685 (5- day MA). Any break above 0.9808 high made on...

FxWirePro: NZD/JPY struggles at major trendline resistance at 79, break below 200-DMA could see minor weakness

Jun 06, 2017 07:34 am UTC| Technicals

NZD/JPY extends range trade between 100 and 200 day moving averages. The pair finds stiff resistance on the upside and is currently struggling to extend gains above 79 handle. 200-DMA at 78.25 is strong support...

FxWirePro: NZD/USD hits 4-month highs at 0.7174, bias higher, stay long

Jun 06, 2017 07:10 am UTC| Technicals

NZD/USD extends break above 200-DMA and upside remains intact as long as pair holds above. The pair hit 4-month highs at 0.7174, bulls target 0.72 levels. Below 200-DMA, the major finds strong support at 100-DMA...

FxWirePro: South African rand marginally lower ahead of GDP data

Jun 06, 2017 06:57 am UTC| Technicals

USD/ZAR is currently trading around 12.73 levels. It made intraday high at 12.74 and low at 12.67 levels. Intraday bias remains slightly bullish for the moment. A daily close above 12.70 will take the...

FxWirePro: AUD/USD erases disappointing current account data-led slide, bounces post RBA announcement

Jun 06, 2017 06:51 am UTC| Technicals

AUD/USD stalled disappointing current account data-led slide near 0.7460-55 region and edged higher. RBA as expected, maintained status quo and left its key benchmark interest rate at record low level of...

FxWirePro: Gold Short term outlook

Jun 06, 2017 06:23 am UTC| Technicals

Gold is trading at major resistance level and it has been in the downtrend since 2011 level. The yellow metal has made several attempts to break the downward trend line. But this time it is expected to break the trend line...

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Economy

Dow Hits 50,000 as U.S. Stocks Stage Strong Rebound Amid AI Volatility

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Gold and Silver Prices Rebound After Volatile Week Triggered by Fed Nomination

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RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal

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Politics

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U.S. to Begin Paying UN Dues as Financial Crisis Spurs Push for Reforms

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Norway Opens Corruption Probe Into Former PM and Nobel Committee Chair Thorbjoern Jagland Over Epstein Links

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Iran–U.S. Nuclear Talks in Oman Face Major Hurdles Amid Rising Regional Tensions

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Trump Allegedly Sought Airport, Penn Station Renaming in Exchange for Hudson River Tunnel Funding

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Science

NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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

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

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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