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BTC/USD breaks major resistance at $425, jump till $465 is possible

Feb 29, 2016 05:23 am UTC| Technicals Digital Currency

Major resistance - $425 BTC/USD has broken major resistance around $425 and jumped till $435. It trading around $432.98. Short term trend is still bullish as long as support $400 holds. Any break below $400...

FxWirePro: AUD/USD takes cloud top support at 0.7106, weakness only on breaks below

Feb 29, 2016 05:15 am UTC| Technicals

Aussie largely ignores persisting risk-averse market conditions and stages a minor-recovery ahead of the European session. Weak Australian economy data also failed to dent the sentiment around the Aussie, data showed...

FX Hedging Strategy Series

FxWirePro: Option straddle to serve best for USD/INR risks ahead of union budget day

Feb 29, 2016 05:08 am UTC| Technicals

Its a big day for INR today, after consistent loses against dollar,Mondaymorning has nothing positive to offer given the subdued global sentiment. Yes, all eyes will be on the Union Budget which Finance Minister Arun...

Japanese Yen fails to sustain above 114, likely to consolidate below 114.87 levels

Feb 29, 2016 04:58 am UTC| Technicals

Pair is currently trading at 113.26 levels. It made intraday high at 113.98 and low at 113.23 levels. Intraday bias remains bearish for the moment. A daily close above 114.87 is required to turn the bias...

FxWirePro: Huge gap down open in NZD/USD, downside vulnerable

Feb 29, 2016 04:39 am UTC| Technicals

NZD/USD saw a huge bearish gap down open (almost 40-pips) in Asian trade today, sharp decline in the Chinese stocks weighed on the sentiment. The pair faded minor-recovery attempts, currently trading in the red with...

ASX200 faces strong resistance around 4930, break above targets 5035

Feb 29, 2016 04:08 am UTC| Technicals

Major resistance -4930 Major support -4860 ASX200 has made a high of 4927 at the time of writing and declined from that level. It is currently trading around 4900. Short term trend is still weak as long as...

XAU/USD intraday outlook

Feb 29, 2016 03:56 am UTC| Technicals

Pair is currently trading at $1223 levels. It made intraday high at $1226 levels and low at $1215 levels. Intraday bias remains neutral till the time pair holds key resistance at $1228 levels. A daily close...

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Economy

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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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Technology

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Nvidia Secures $500 Billion AI Infrastructure Push With Wall Street Giants

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SEC Clears Path for Data Center Securitizations as AI Financing Demand Surges

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