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FxWirePro: Sell GBP/USD on rallies 1.5470-75 with SL around 1.5530 for the TP of 1.5400/1.5345

Sep 22, 2015 08:12 am UTC| Technicals

Cable breaks major support 1.5480 which confirms short term weakness, decline till 1.5400/1.5340 cannot be ruled out Intraday Bullishness only above 1.5530. It is good to sell on rallies 1.5470-75 with SL around...

FxWirePro: EUR/GBP breaks channel support, hits fresh multi week lows

Sep 22, 2015 07:42 am UTC| Technicals

EUR/GBP fell to multi-week lows, hit 0.7196, levels not seen since Aug 21st 2015 EUR continues to be sold across the board from Europe open, furthering downside in the pair Contrasting BoE/ECB monetary policy outlooks...

FxWirePro: GBP/AUD moves in sync with trendline support - option straps on hedging grounds

Sep 22, 2015 07:36 am UTC| Technicals

Currency Hedging Perspectives: Straps We urge our readers to square off all bearish positions if any and for now convert the same into strap on hedging mindset. Since the long term trend has been bullish and the...

EUR/CAD breaks trend line support around 1.4800, targets 1.4600

Sep 22, 2015 07:08 am UTC| Technicals

EUR/CAD breaks short term trend line resistance 1.4800 (trend line joining 1.45955 and 1.4658) and confirms short term weakness, a decline till 1.4600 cannot be ruled out. On the higher side minor resistance is around...

FxWirePro: Swissy sold on poor domestic trade data, USD/CHF hits session highs at 0.9753

Sep 22, 2015 06:51 am UTC| Technicals

Safe-havens were bid in quiet Asian trading seesion, which kept USD/CHF largely subdued Broad based US dollar recovery and poor Switzerland trade data has now buoyed USD/CHF bulls Switzerlands trade surplus shrank in...

FxWirePro: Rally in Aussie sours with inverted hammer – option calls included

Sep 22, 2015 06:32 am UTC| Technicals

Australian Dollars longest and biggest rally (370 pips) is close to its end as inverted hammer appearing at top. Fundamentally speaking, there are still considerable risks associated with Australian economy as hard...

EUR/AUD breaks major support 1.5660, decline till 1.5550 is possible

Sep 22, 2015 06:31 am UTC| Technicals

EUR/AUD has broken short term support 1.5650 which confirms a short term weakness , a decline till 1.550 cannot be ruled out . It is currently trading at 1.5635. On the downside minor support is around 1.5580 and any...

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Economy

Trump Defends Economic Record in North Carolina as Midterm Election Pressure Mounts

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Politics

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Science

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Technology

U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties

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Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role

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

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

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

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