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GBP/CAD Trade Idea

Jan 06, 2016 10:52 am UTC| Technicals

Major trend line resistance - 2.0560 (trend line joining 2.0860 and 2.0730) Major support -2.0396 The pair has broken major trend line resistance 2.056 and jumped till 2.0590. It is currently trading around...

FxWirePro: EUR/AUD breaks above channel top, gains till 1.5277 likely

Jan 06, 2016 10:50 am UTC| Technicals

EUR/AUD has broken channel top at 1.5105 after multiple attempts since Dec 10th and is currently trading at 1.5188 levels. Upside in the pair was capped at 1.52 levels which is 38.2% Fib of 1.6585 to 1.4347 fall,...

FX Hedging Strategy Series

FxWirePro: Spiking AUD/USD OTC volumes propel IVs, while risk reversals signals downswings

Jan 06, 2016 10:41 am UTC| Technicals

AUD/USD is still stuck in its 0.70/0.7380 range, mirroring the lack of direction in front-end AU-US rate spreads. We think the spread could narrow from both sides over the next 3m, pushing AUD/USD lower. Our...

FxWirePro: BTC/EUR faces strong support around 371, good to buy at dips

Jan 06, 2016 10:14 am UTC| Technicals Digital Currency

BTC/EUR is consolidating in narrow range between 371 and 405. It is currently trading around 402. The pair has declined till 390.84 yesterday and slightly jumped from that level. On the higher side minor...

CAD hits 12-year low against USD, USD/CAD at 1.4094 levels

Jan 06, 2016 09:54 am UTC| Technicals

Uptrend resumed by taking out 1.4000 and reaches as high as 1.4094 so far. Break of 1.4094 levels may take the pair towards 1.4163 levels. Oil prices were also down on Tuesday, adding extra pressure on the...

FxWirePro: GBP/JPY breaks major support at 174.20, decline till 171 is possible

Jan 06, 2016 09:46 am UTC| Technicals

The pair broke major support at 174.90 and is currently trading at 173.43, bias remains on the downside. GBP/JPY extends downside, trades in a falling channel, currently at 173.50, after hitting multi-year lows at...

FxWirePro: BTC/USD faces resistance around $436, break above targets$ 466

Jan 06, 2016 09:38 am UTC| Technicals Digital Currency

Chart Pattern Formed- Ascending Triangle Pattern BTC/USD declined till $426 yesterday and recovered from that level. It is currently trading around $430.74 hort term trend is still bullish as long as support $400...

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Economy

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Politics

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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

SpaceX Shares Surge as Wall Street Backs AI Growth Potential

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

Nvidia is expanding its influence beyond semiconductors after announcing agreements aimed at mobilizing up to $500 billion in third-party capital for artificial intelligence infrastructure. The move brings the AI chip...
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