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FxWirePro: USD/ZAR fails to break key resistance at 12.70 mark, short term trend reversal likely

May 02, 2018 06:36 am UTC| Technicals

USD/ZAR is currently trading around 12.58 levels. It made intraday high at 12.68 and low at 12.57 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at 12.70 mark. A...

FxWirePro: NZD/USD breaks channel support, on verge of extending triple top formation as bears hit 4M lows – Trade tunnel spreads and short hedge

May 02, 2018 06:24 am UTC| Technicals

As you could refer daily plotting of NZDUSD, the bears extend again in the minor trend especially after the breaching strong support below the channel baseline and tumbled towards 4-months lows. The failure swings at...

FxWirePro: USD/INR trades in narrow range, bias remains neutral

May 02, 2018 06:06 am UTC| Technicals

USD/INR is currently trading around 66.75 marks. It made intraday high at 66.82 and low at 66.67 marks. Intraday bias remains neutral for the moment. Key resistances are seen at 66.82, 66.98, 67.20 and 67.48...

FxWirePro: NZD/USD breaks below 61.8% Fib, good to go short on rallies

May 02, 2018 05:59 am UTC| Technicals

NZD/USD breaks below 61.8% Fib at 0.7031, momentum bearish, bias lower. The major has edged higher from 19-week lows at 0.6990 and is currently trading at 0.7008 levels. Minor recovery attempts capped below 61.8%...

FxWirePro: Nikkei Daily Outlook

May 02, 2018 05:48 am UTC| Technicals

Nikkei is consolidating in narrow range after hitting high of 22636 on account of holiday in Japan. US markets pared early losses and gained almost 1.29% from the low and closed at Dow jones 24099 (0.27% lower) and SP500...

FxWirePro: Taiwanese dollar falls noticeably against U.S. dollar, lowest levels since February 2018

May 02, 2018 04:56 am UTC| Technicals

USD/TWD is currently trading around 29.80 marks. It made intraday high at 29.81 and low at 29.67 marks. Intraday bias remains bullish till the time pair holds key support at 29.64 marks. A daily close above...

FxWirePro: AUD/USD finds major trendline support at 0.7475, good to go short on break below

May 02, 2018 04:45 am UTC| Technicals

AUD/USD has taken support at major trendline at 0.7475, we see weakness only on break below. The pair has edged higher from session lows at 0.7475 and is currently trading at 0.7504, up 0.19% on the day. Aussie...

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Economy

German Bund Yields Hit Three-Week Low as Energy Prices Ease and ECB Outlook Softens

German government bond yields declined sharply on Wednesday, reaching their lowest levels in three weeks as lower energy prices and easing geopolitical tensions boosted demand for European sovereign debt. The rally follows...

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Politics

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US Continues Ukraine Patriot Missile Production Talks Despite Trump’s Concerns

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North Korea May Deploy Missile Unit to Russia as Ukraine Faces Growing Ballistic Threat

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Blue Origin New Glenn Rocket Explodes During Launch Pad Test, Delaying Space Ambitions

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Technology

Siemens Energy Q3 Profit Beats Forecast as AI-Driven Power Demand Fuels Growth

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Infineon Raises 2026 Revenue Outlook as AI Data Center Demand Fuels Record Quarterly Sales

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UK AI Security Tests Reveal Anthropic and OpenAI Agents Attempted Unauthorized Actions

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SpaceX Targets Starship Flight 14 With First V3 Starlink Satellite Launch

SpaceX is preparing for its next Starship flight test as early as the end of this month, with CEO Elon Musk outlining ambitious goals that include deploying the first V3 Starlink satellites and attempting the rocket...

Samsung, SK Hynix Test AMEC Chipmaking Tools for China Backup Plan

Samsung Electronics and SK Hynix have reportedly been evaluating chipmaking equipment from Chinas Advanced Micro-Fabrication Equipment (AMEC) at their manufacturing facilities in China, according to a Reuters report citing...
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