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FxWirePro: GBP/NZD faces strong support at 1.7270, good to sell on rallies

Jan 27, 2017 07:24 am UTC| Technicals

Major support 1.7270 (Jan 25th low). Major resistance 1.7420 GBP/NZD formed a temporary top around 1.7420 and started to decline from that level. It is currently trading around 1.73145. The decline from...

FxWirePro: AUD/CAD pivotal around 200-DMA at 0.9826, break below to accentuate weakness

Jan 27, 2017 07:16 am UTC| Technicals

AUD/CAD halts 5 consecutive days of losses, takes support by double bottom at 0.9851 (Dec 1, Jan 18). The pair edged higher to hit 0.9884, but was rejected at session highs, slips lower to currently trade at 0.9868....

FxWirePro: USD/ZAR rejects key support at 13.19 mark, bias turns bullish again

Jan 27, 2017 06:41 am UTC| Technicals

USD/ZAR is currently trading around 13.44 levels. It made intraday high at 13.47 and low at 13.33 levels. Intraday bias remains bullish till the time pair holds key support at 13.19 mark. A daily close...

FxWirePro: USD/JPY breaks major trendline resistance at 114.25, good to long dips

Jan 27, 2017 06:34 am UTC| Technicals

USD/JPY has broken major trendline resistance at 114.25, bias higher. The pair finds stiff resistance upto 115.15 levels, breakout above will confirm upside. Technical studies are bullish. Stochs have rolled over...

FxWirePro: Gold breaks 21- DMA, decline till $1170 likely

Jan 27, 2017 05:54 am UTC| Technicals

Major support - $1187 (21- day MA). Major resistance - $1220 (100- day EMA) The yellow metal has broken major support at 21- day MA and declined till $1183.12 at the time of writing. It is currently trading...

FxWirePro: USD/INR breaks key resistance at 68.22, stay bullish

Jan 27, 2017 05:52 am UTC| Technicals

USD/INR is currently trading around 68.21 marks. It made intraday high at 68.26 and low at 68.19 marks. Intraday bias remains neutral till the time pair holds key support at 67.99 marks. Key resistances are...

FxWirePro: EUR/JPY holds 50-DMA support, bias higher, stay long

Jan 27, 2017 05:30 am UTC| Technicals

EUR/JPY has bounced off 50-DMA support at 121.63 on Thursdays trade. Below 50-DMA, the pair finds next strong support by daily cloud at 121.49, weakness only on break below. The pair is extending gains on the...

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Economy

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Politics

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Senate Majority Leader John Thune Moves to Advance Crypto Clarity Act

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Taiwan President Lai Oversees Coastal Strike Drills in Han Kuang War Games

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Science

Blue Origin New Glenn Explosion Could Delay Launch Operations Until 2028

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Technology

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OpenAI Restricts Astra AI Over Cyberattack Risks

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Nvidia to Invest Up to $3 Billion in Blackstone-Backed Lancium

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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

Nintendo shares surged nearly 5% on Friday after the Japanese gaming giant reported stronger-than-expected first-quarter earnings and upgraded its full-year financial outlook, supported by robust demand for the new Switch...
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