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FxWirePro: EUR/GBP rally stalls at 0.7436, good to go short

Sep 29, 2015 07:33 am UTC| Technicals

EUR/GBP rallied to 0.7435 on GBP weakness, last time cross traded at these levels was May Daily slow stochs are now closing in on overbought levels which could limit further gains EUR/GBP is currently trading at 0.7415 ,...

FxWirePro: EUR/USD forms bearish BAT pattern, good to sell on rallies

Sep 29, 2015 07:21 am UTC| Technicals

Harmonic Pattern formed: Bearish BAT Pattern Potential reversal Zone (PRZ)- 1.12750 EUR/USD has made a high of 1.12812 today and is currently trading at 1.12680 level. Overall trend is still weak as long as resistance...

FxWirePro: USD/JPY weakness likely to extend into the European session

Sep 29, 2015 06:51 am UTC| Technicals

USD/JPY knocked-off to fresh session lows ahead of Europe open, as more JPY bought back on major risk averse markets USD/JPY weakness likely to extend into the European session, cloud has thinned out, making the upside...

FxWirePro: USD/INR trades weaker after RBI rate cut, good to sell on rallies

Sep 29, 2015 06:44 am UTC| Technicals

USD/INR has made a high of 66.45 today morning and retreated from that level after RBI cuts repo rate by 50 bpbs in RBI policy meeting today. RBI cut repo rate by 50bpbs to 6.75% and kept the Cash reserve ratio (CRR)...

FxWirePro: NZD/JPY put ladder on extended bear trend

Sep 29, 2015 06:30 am UTC| Technicals

On daily charts moving averages are signifying some stress which could push the prices downwards in short term. While weekly and monthly both leading and lagging indicators to chase these slumps. We think this pair is...

FxWirePro: USD/JPY faces strong support at 119.20, good to buy at dips

Sep 29, 2015 05:58 am UTC| Technicals

USD/JPY has broken minor channel support 12005 and declined till 119.37. It is currently trading at 119.44. The pairs major trend line support is around 119.20 and any break below will target 118.60. On the...

FxWirePro: Asian markets turn risk averse boosting yen demand, AUD/JPY hits multi-week lows at 82.82

Sep 29, 2015 05:53 am UTC| Technicals

AUD/JPY downside gathers pace, sending the pair to multi-week lows at 82.82, 82.50 next target for bears. Investors seek safer havens away from risk as Asian markets turned risk averse as Mondays Chinese industrial...

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Economy

Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns

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Politics

Trump Administration Reviews Nvidia H200 Chip Sales to China, Marking Major Shift in U.S. AI Export Policy

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Trump Signs Order to Ease Federal Marijuana Rules, Signaling Major Policy Shift

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Fernando Haddad Confirms He Will Not Run for Office in 2025, Signals Possible Exit as Brazil’s Finance Minister

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Trump Administration Proposes Sweeping Limits on Gender-Affirming Care for Children

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Trump Expands U.S. Travel Ban to Antigua and Barbuda, Dominica, Sparking Economic Fears in the Caribbean

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Science

Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

The U.S. Senate has officially confirmed billionaire private astronaut Jared Isaacman as the new NASA administrator, making him the 15th leader in the agencys history. The confirmation, which took place on Wednesday, marks...

Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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NASA Cuts Boeing Starliner Missions as SpaceX Pulls Ahead

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Blue Origin’s New Glenn Achieves Breakthrough Success With First NASA Mission

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Cogent Biosciences Soars 120% on Breakthrough Phase 3 Results for Bezuclastinib in GIST Treatment

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Technology

TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...

Apple Opens iPhone to Alternative App Stores in Japan Under New Competition Law

Apple has announced a major shift in its App Store policies in Japan, opening iPhones and other Apple devices to alternative app stores in order to comply with new competition laws aimed at reshaping the countrys...

Micron Technology Forecasts Surge in Revenue and Earnings on AI-Driven Memory Demand

Micron Technology delivered record first-quarter results and issued a bullish forecast for the current quarter, driven by rising memory prices and strong demand linked to artificial intelligence workloads. The upbeat...

Oracle Stock Slides After Blue Owl Exit Report, Company Says Michigan Data Center Talks Remain on Track

Oracle shares fell more than 4% on Wednesday after a Financial Times report claimed that Blue Owl Capital, Oracles largest U.S. data center partner, decided not to support a planned $10 billion data center project in...
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