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FxWirePro: EURUSD trades slightly above 1.1300 level, good to sell on rallies

Mar 26, 2019 11:32 am UTC| Technicals

EURUSD trades steady above 1.1300 after a 3 days of selling. The pair has lost more than 170 pips from the high made after Fed policy. The pair hits low of 1.12732 shown a more than 60 pips jump on recovery of stock market...

FxWirePro: EUR/AUD short setup on 'Symmetric Triangle' breach

Mar 26, 2019 11:11 am UTC| Technicals

EUR/AUD chart - Trading View EUR/AUD is extending weakness for the 4th straight session, bias bearish. The pair is extending break below daily cloud and 110-EMA. Symmetric Triangle breach has raised scope...

CHFJPY trades higher, jump till 111.95 likely

Mar 26, 2019 10:13 am UTC| Technicals

As per our analysis CHFJPY recovered sharply from yesterdays low of 110.36 and jumped nearly 75 pips.It has lost more than 150 pips from temporary top 111.95 made on Mar 20th2019. The yen was trading higher for past two...

FxWirePro: NZD/JPY hovers around 20-DMA support at 76 mark, focus on RBNZ policy meet for further impetus

Mar 26, 2019 09:58 am UTC| Technicals

NZD/JPY chart - Trading View NZD/JPY is trading at 76.13 at 0945 GMT, up 0.23% on the day. The pair is trading in a rising channel pattern and has bounced off strong support at 75.43 (channel base and...

FxWirePro: DAX30 trades below major trend line support, dip till 11000 possible

Mar 26, 2019 09:22 am UTC| Technicals

DAX has halted its 2-1/2 month uptrend and trading lower for past 5 trading days on account global stock market turmoil and declining bond yield. US 10 year yield hits 2.37% lowest level since Dec 2017.The index formed...

FxWirePro: Silver enjoys roller coaster movement, bias remains slightly bearish

Mar 26, 2019 08:04 am UTC| Technicals

XAG/USD is currently trading around $15.45 marks. It made intraday high at $15.53 and low at $15.44 levels. Intraday bias remains slightly bearish till the time pair holds key resistance at $15.57 mark. A...

FxWirePro: AUD/CAD on track to test 61.8% Fib at 0.9586, good to stay long on dips

Mar 26, 2019 07:27 am UTC| Technicals

AUD/CAD chart - Trading View AUD/CAD is extending gains for the 5th straight week, bias bullish. The pair has broken out of daily cloud and major trendline resistance at 0.9515. The pair is extending gains...

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Economy

German Auto Suppliers Turn Bearish as Investment and Jobs Shift Overseas

Germanys automotive suppliers are becoming increasingly pessimistic about the industrys outlook, with more companies expecting business conditions to worsen over the next 12 months than those anticipating improvement. A...

Asian Currencies Steady as Dollar Holds Firm Ahead of Fed Decision and US-Iran Deal Details

Most Asian currencies traded in a narrow range on Wednesday, while the U.S. dollar remained stable as investors awaited further details on a potential U.S.-Iran peace agreement and the outcome of the Federal Reserves...

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Politics

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Trump Criticizes Israel's Lebanon Strikes, Urges Greater Civilian Protection

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Russian Strikes Kill Four in Eastern and Southeastern Ukraine, Trigger Fires and Damage

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Brazil Supreme Court Convicts Eduardo Bolsonaro Over U.S. Lobbying Efforts

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US-Iran Ceasefire Deal Extends Peace Talks and Eases Oil Trade Restrictions

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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

Blue Origin suffered a major setback after its uncrewed New Glenn rocket exploded during a launch pad test in Florida on Thursday, raising new challenges for Jeff Bezos space company as it competes with Elon Musks SpaceX...

SpaceX Delays Starship V3 Launch Ahead of Potential Record IPO

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Trump Administration Releases New UFO Files and Apollo Mission Records

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Technology

Chinese Social Media Giant Xiaohongshu Eyes Hong Kong IPO at Over $70 Billion Valuation

Chinese social media platform Xiaohongshu, internationally known as RedNote, is reportedly preparing for a Hong Kong initial public offering (IPO) that could value the company at more than $70 billion. According to a Wall...

Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity

Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Kingboard Holdings Shares Surge After HK$11.77 Billion Block Trade to Expand PCB and AI Supply Chain Business

Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns

SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions

Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...
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