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FxWirePro: Arrest mounting GBP/CAD selling sentiments on flurry of bearish patterns – Tunnel spreads for leveraged yields and short hedge

Dec 29, 2017 09:29 am UTC| Technicals

Bearish engulfing on daily plotting, shooting star patterns have occurred on the weekly chart. While daily chart, bearish engulfing, long-legged doji hanging man have occurred at 1.7085, 1.7180 and 1.7135 levels...

FxWirePro: GBP/JPY consolidates above trend line resistance, good to buy on dips

Dec 29, 2017 09:02 am UTC| Technicals

Major resistance 152.09 (Dec 27th 2017 high). GBP/JPY has jumped slightly after breaking trend line resistance. The pair hits high of 152.08 and is currently trading around 152.09. The pair should close...

FxWirePro: EUR/USD Daily Outlook

Dec 29, 2017 09:00 am UTC| Technicals

EUR/USD is trading high and set to close near to 1.200 in 2017. The pair jumped sharply from the low of 1.0340 made on Jan 2nd 2017 and jumped almost 16% from that level. The pair breaks trend line resistance at 1.19200...

FxWirePro: EUR/AUD recovery capped at cloud top (1.5358), bias lower

Dec 29, 2017 08:40 am UTC| Technicals

EUR/AUD extending declines after rejection at major trendline resistance at 1.5775. Price action has dipped into daily cloud, technical indicators support further weakness, bias lower. On weekly charts, Stochs...

FxWirePro: USD/CAD breaks major support 1.2600, dip till 1.2430 likely

Dec 29, 2017 07:38 am UTC| Technicals

USD/CAD has declined sharply after breaking major support at 1.2600. The pair hits low of 1.2550 and is currently trading around 1.2555. The main reason for the rally in Canadian dollar is due to strong jump in crude oil...

FxWirePro: CAD/JPY trades higher, jump till 91.60 likely

Dec 29, 2017 07:29 am UTC| Technicals

Major resistance 89.80 (Nov 6th 2017 high). CAD/JPY has broken major resistance 89.80 high made on Nov 6th 2017 yesterday and jumped till 89.92.The main reason for jump in Canadian dollar against all majors was due...

FxWirePro: AUD/USD holds breaks above 100-DMA at 0.7778, weakness only on retrace below

Dec 29, 2017 06:46 am UTC| Technicals

AUD/USD closed above 100-DMA at 0.7778 on Thursdays trade. We see weakness only on retrace below. The pair trades with a strong bullish momentum which keeps scope for further upside. Momentum studies on weekly...

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Economy

Dollar Weakens Amid Middle East Tensions and Anticipated Central Bank Decisions

The U.S. dollar softened on Friday as reports of potential peace talks between the United States and Iran lifted market sentiment, though it still remained on track for its first weekly gain in nearly a month. Ongoing...

Iran-Pakistan Diplomacy and Strait of Hormuz Tensions Push Oil Prices Above $100

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Politics

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Trump Administration Launches Civil Rights Probe into NYC Education Department Over Pro-Palestinian Educators

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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

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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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SpaceX Pivots Toward Moon City as Musk Reframes Long-Term Space Vision

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Technology

DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window

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Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure

Amazon (NASDAQ: AMZN) shares climbed around 2% শুক্রবার morning after Meta revealed a major expansion of its partnership with Amazon Web Services (AWS), signaling strong momentum in the growing artificial intelligence...

Intel Stock Surges as AI Chip Demand Drives Strong Q2 Forecast

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Microsoft Commits $18 Billion to Expand AI and Cloud Infrastructure in Australia

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Elon Musk Signals Intel 14A Chips for Tesla’s Terafab AI Semiconductor Venture

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk revealed new details about the companys ambitious semiconductor plans, confirming that the Terafab joint venture intends to leverage Intels advanced 14A chip manufacturing process....
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