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FxWirePro: CHF/JPY forms shooting star and bearish divergence pattern, dip till 113 likely

Sep 04, 2018 17:04 pm UTC| Technicals

Overall trend : Bearish Candlestick pattern- Shooting star Ichimoku Analysis (4 hour chart) Tenken-sen- 114.515 Kijun-Sen- 114.51 Trend reversal level (intra day)- 115.30 CHFJPY has...

FxWirePro: EUR/USD Trade Idea

Sep 04, 2018 11:40 am UTC| Technicals

EURUSD pared minor gains made yesterday. The pair recovered till 1.16275 and started to decline from that level. The major reason for broad based buying in USD was due to sell-off in EM currencies especially in Argentina...

FxWirePro: EUR/USD trades lower on escalating trade tensions, good to sell on rallies

Sep 04, 2018 11:38 am UTC| Technicals

EURUSD pared minor gains made yesterday. The pair recovered till 1.16275 and started to decline from that level. The major reason for broad based buying in USD was due to sell-off in EM currencies especially in Argentina...

FxWirePro: USDCAD breaks major trend line resistance, jump till 1.3175 likely

Sep 04, 2018 11:32 am UTC| Technicals

Major resistance 1.3100 (trend line resistance) USD/CAD has gained more than 200 pips from the low of 1.28964 on account escalating trade talks between US and Canada.US and Canada trade talks has ended up without any...

FxWirePro: GBP/CHF extends weakness below weekly cloud, eyes 78.6% Fib at 1.2227, stay short

Sep 04, 2018 10:53 am UTC| Technicals

GBP/CHF chart on Trading View used for analysis GBP/CHF is extending weakness below weekly cloud, breaks 61.8% Fib support. Weak UK construction PMI for the month of August disappointed market expectations,...

FxWirePro: WTI crude’s double bottom pattern most likely to extend on bullish crossovers, bulls retrace 50% Fibos after breaching symmetric triangle

Sep 04, 2018 10:40 am UTC| Technicals Insights & Views

The WTI crude oil prices extend their recent recovery upto the current $71.07 levels, withWTIparticularly supported by hurricane risks. Technically,WTI crudeon daily plotting forms double bottom pattern which is bullish...

FxWirePro:Sell GBP/JPY on rallies

Sep 04, 2018 10:17 am UTC| Technicals

Overall trend : Bearish Ichimoku Analysis (Daily Chart) Tenken-sen- 142.95 Kijun-Sen- 143.05 Trend reversal level (intra day)- 142.65. The pair has lost the minor gains made today...

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Economy

Goldman Sachs, ANZ Cut Oil Forecasts Amid U.S.-Iran Ceasefire Hopes

Brent crude oil prices have tumbled more than 11% this week after the United States and Iran agreed to a two-week ceasefire, raising hopes that the Strait of Hormuz one of the worlds most critical oil shipping lanes ...

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Politics

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Taiwan Defense Budget: U.S. Senator Urges Legislature to Pass Spending Plan

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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

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

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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Technology

Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth

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China's AI Stocks Surge as Zhipu and MiniMax Hit Record Highs

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Bendigo and Adelaide Bank Posts Strong Q3 Earnings, Announces AI-Driven Job Cuts

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Alibaba Shares Slide as Jefferies Slashes Price Target Over AI Spending and Business Losses

Alibabas Hong Kong-listed shares (HK:9988) dropped 2.9% to HK$122.70 on Thursday, emerging as one of the heaviest drags on the Hang Seng Index, which closed 0.6% lower. The selloff came after investment bank Jefferies...

Anthropic Fights Pentagon Blacklisting in Dual Federal Court Battles

A federal appeals court in Washington, D.C., has refused to halt the Pentagons national security blacklisting of AI company Anthropic, delivering a temporary win for the Trump administration. The ruling comes as another...
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