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FxWirePro: EUR/AUD capped below major trendline resistance at 1.5125, upside only on break above

Oct 03, 2017 09:46 am UTC| Technicals

EUR/AUD extends choppy trade below major trendline resistance at 1.5125. The pair is trading in a Symmetric Triangle pattern and bias is bullish. The major finds stiff resistance at 1.5125 (falling trendline),...

FxWirePro: AUD/CHF rejected at 50-DMA (0.7652), good to go short on break below 0.7584

Oct 03, 2017 09:14 am UTC| Technicals

AUD/CHF was rejected at 50-DMA at 0.7652, slips lower to currently hover around 5-DMA at 0.7614. Aussie supported higher after Australia Aug building approvals rose to 0.4 % (forecast -0.5 %) vs previous -1.2 %...

FxWirePro: EUR/USD faces strong support at 200- WMA, close below targets 1.1600

Oct 03, 2017 09:07 am UTC| Technicals

EUR/USD has declined sharply after hitting high of 1.18324 on Sep 29th 2017 and declined sharply till 1.1700 after geo political tensions in Spain. Euro was trading weak against US dollar after voters in Catalonia was in...

FxWirePro: South African rand falls gradually against U.S. dollar, bias remains bullish

Oct 03, 2017 08:10 am UTC| Technicals

USD/ZAR is currently trading around 13.63 levels. It made intraday high at 13.65 and low at 13.57 levels. Intraday bias remains bullish till the time pair holds key support at 13.51 mark. A daily close...

FxWirePro: NZD/USD holds 200-DMA support, further weakness only on break below

Oct 03, 2017 08:03 am UTC| Technicals

NZD/USD has broken major trendline support at 0.7175 and hit 4-week lows at 0.7148. Kiwi falls against major peers as business confidence, capacity utilisation data fail to meet expectations. New Zealand Q3...

FxWirePro: USD/CHF breaks major resistance at 0.9770, jump till 0.9900 likely

Oct 03, 2017 07:22 am UTC| Technicals

USD/CHF has once again gained sharply yesterday after hitting a low of 0.96700. The pair has broken major resistance at 0.97730 the high made on Aug 8th 2017. The upside in USD/CHF was mainly duet strong US dollar index on...

FxWirePro: GBP/JPY intermediary bulls seem edgy at 38.2% Fibos, minor trend slides below 7DMA – Tunnel spreads for speculation and long hedge of mid-month tenors

Oct 03, 2017 07:08 am UTC| Technicals

Resembling bearish engulfing and doji pattern candles have formed at 151.140 and 151.099 levels respectively (refer daily charts). Consequently, the bears have managed to slide below 7DMAs, you can easily make out...

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Economy

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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

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Technology

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Nintendo Shares Jump as Switch 2 Sales Boost Earnings

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Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised

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DeepSeek to Raise AI API Prices as Demand for New Models Surges

Chinese artificial intelligence startup DeepSeek has announced plans to significantly increase the pricing of its API services as demand for its latest AI models continues to grow. The company revealed the upcoming change...
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