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FxWirePro: DAX30 breaks major short term support at 10200, good to sell on rallies

Aug 03, 2016 07:52 am UTC| Technicals

Major support 10200 The index has broken major support at 10200 and declined till 10115 at the time of writing. It is currently trading around 10131. DAX is declining continuously for the three straight sessions...

FxWirePro: NZD/USD slips below 0.72 handle, upside capped at 78.6% Fib

Aug 03, 2016 07:43 am UTC| Technicals

NZD/USD is back below the 0.72 mark, retraces most of Tuesdays gains. Weak Chinese services PMI data weighed on commodities and denting demand for commodity-linked currencies. Upside in the pair capped at 78.6%...

FxWirePro: EUR/USD upside capped by 100 day MA, good to sell on rallies

Aug 03, 2016 07:20 am UTC| Technicals

Major resistance 1.12350 (100 day SMA). The pair jumped till 1.12337 and declined from that level. It is currently trading at 1.12034. EUR/USD should break above 100 day SMA for further bullishness. Any break...

FxWirePro: USD/ZAR breaks key resistance at 13.96; stay bullish

Aug 03, 2016 07:05 am UTC| Technicals

USD/ZAR is currently trading around 14.05 levels. It made intraday high at 14.05 and low at 13.94 levels. Intraday bias remains bullish till the time pair holds immediate support at 13.75 levels. A daily...

FxWirePro: AUD/JPY fails to hold above 77 handle, bias lower

Aug 03, 2016 06:53 am UTC| Technicals

AUD/JPY fails to hold above 77 handle, slips lower to currently trade around 76.68 levels. Intraday bias is lower, JPY bulls back in control, allowing the Japanese yen to regain yesterdays upbeat momentum. Our...

FxWirePro: GBP/JPY bears likely to drag further after gravestone doji – Stay short via one touch binaries as BOE rate cut hopes intensify

Aug 03, 2016 06:24 am UTC| Technicals

From last two days, the pair hasnt been moving anywhere beyond 135.567 northwards nor even 133.899 on southwards. But prior to that, it has rejected the resistances at 139.155 levels to push below DMA curves on thedaily...

FxWirePro: GBP/JPY faces strong resistance at 135.62, good to sell on rallies

Aug 03, 2016 06:24 am UTC| Technicals

Major resistance- 135.62 (90 H EMA) The pair has declined till 133.89 yesterday and slightly recovered from that level. It is currently trading around 134.68. ​ The Intraday trend is weak as long as resistance...

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Economy

BCA Research Warns U.S.-Iran Ceasefire Could Collapse, Maintains Cautious Equity Outlook

BCA Research is cautiously optimistic about the recently announced U.S.-Iran ceasefire but is warning investors that the truce remains highly unstable. The firms chief geopolitical strategist, Matt Gertken, puts the odds...

U.S. Natural Gas Market Faces Short-Term Pressure but Long-Term Demand Surge

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Politics

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U.S.-Iran Nuclear Talks Resume in Islamabad Amid Strait of Hormuz Standoff

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Trump Warns China Over Iran Arms as Diplomatic Talks Intensify

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Science

China vs. NASA: The New Moon Race and What's at Stake by 2030

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NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

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NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

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NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

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SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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Technology

OpenAI Addresses Security Vulnerability in macOS App Certification Process

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San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home

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SanDisk Joins Nasdaq-100, Replacing Atlassian on April 20

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TSMC Posts Strong Q1 2025 Revenue, Riding AI Chip Demand Wave

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Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028

Lumentum Holdings Inc (NASDAQ: LITE) is experiencing a surge in demand from the artificial intelligence sector, with its order pipeline now fully booked through 2028, according to a Bloomberg report published Thursday. The...
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