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FxWirePro: FTSE100 2618 Trade Setup

Aug 23, 2017 08:01 am UTC| Technicals

Chart Pattern -2618 pattern Major Support 7290 The index has formed a temporary bottom around 7290 and shown a minor jump till 7390 yesterday and is currently trading 7383. FTSE100 upside capped by 61.8%...

FxWirePro: EUR/AUD holds above 50-DMA, eyes trendline at 1.50

Aug 23, 2017 07:25 am UTC| Technicals

EUR/AUD retraced dip below 50-DMA in last weeks trade and has since held above. Technical indicators are slightly bullish. RSI and stochs are biased higher and 5-DMA has turned. The pair has broken above daily...

FxWirePro: GBP/JPY upside capped by 7- day MA, good to sell on rallies

Aug 23, 2017 07:05 am UTC| Technicals

GBPJPY has shown a minor recovery after showing a minor dip below 140 level. The pair upside capped by 7day MA and any minor bullishness can be seen above that level. Intraday trend is still weak as long as resistance...

FxWirePro: AUD/NZD breaks major resistance at 1.0890, bias higher, stay long

Aug 23, 2017 06:50 am UTC| Technicals

AUD/NZD has broken major trendline resistance at 1.0890 on the weekly charts, bias still higher. Kiwi dented after New Zealand Treasurys bearish GDP forecasts, supports further upside in the pair. Treasury...

FxWirePro: USD/INR remains well supported above 64.00 mark, bias remains neutral

Aug 23, 2017 06:46 am UTC| Technicals

USD/INR is currently trading around 64.10 marks. It made intraday high at 64.11 and low at 64.01 marks. Intraday bias remains neutral till the time pair holds key support at 64.00 marks. Key resistances are...

FxWirePro: Gold eyes Jackson Hole speeches for further direction, good to stay away

Aug 23, 2017 06:01 am UTC| Technicals

Gold failed to breakout above psychological level at $1300 and consolidating in narrow range between $1280 and $1293 for the past two trading session. The yellow metal is waiting for Jackson Hole speeches for hints of U.S...

FxWirePro: EUR/NZD hovers around major trendline resistance at 1.6240, further upside only on break above

Aug 23, 2017 05:40 am UTC| Technicals

EUR/NZD up 0.51% on the day, trading at 1.6241 at around 0530 GMT. The pair resumed upside after brief correction and is currently hovering around major trendline resistance at 1.6240. We see further upside on...

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Economy

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Politics

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Trump Faces Tough Choices as Iran War Drags On

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US Expands Social Media Vetting to Foreign Journalists Seeking Visas

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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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SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Trump Administration Releases New UFO Files and Apollo Mission Records

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Technology

Meta Ordered to Pay $567M Over Child Safety Violations in New Mexico

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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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SoftBank Q1 Profit Beats Forecast as Intel Rally and OpenAI Investments Boost Returns

SoftBank Group (TYO: 9984) reported a stronger-than-expected fiscal first-quarter profit despite higher operating and financing costs, supported by massive investment gains from Intel and its Vision Fund portfolio. For the...

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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