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FxWirePro: EUR/KRW breaks key resistance at 1,284 mark, sustained close above requires for upside rally

Jan 04, 2019 01:52 am UTC| Technicals

EUR/KRW is currently trading around 1,284 mark. It made intraday high at 1,285 and low at 1,280 levels. Intraday bias remains bullish till the time pair holds key support at 1,268 mark. A sustained close...

FxWirePro: Gold bulls bank upon hammer patterns to counter double top, shrug-off shooting star – Trade boundary strikes and long hedge

Jan 03, 2019 13:44 pm UTC| Technicals

Technical glance:Golds rallies have been eventful trading sessions in the recent past to wrap-up 2018 (almost over 4.77% spike in the last month), gold price in the major trend has gone into the consolidation...

FxWirePro: NZD/CAD breaks below 21-EMA, on track to test 200-DMA at 0.89, stay short

Jan 03, 2019 12:49 pm UTC| Technicals

NZD/CAD chart on Trading View used for analysis NZD/CAD extends previous sessions slump, intraday bias bearish. The pair hit 4-week lows at 0.8961 before paring some losses to currently trade at...

FxWirePro: USD/CAD trades slightly lower on rising crude oil price, good to buy on dips

Jan 03, 2019 12:28 pm UTC| Technicals

USDCAD was one of the top performer in year 2018. The pair has jumped nearly 8% this year on account of weak oil price and dovish Bank of Canada statement. It hits high of 1.36615 and lost nearly 100 pips on account of...

FxWirePro: USD/CHF trade Idea

Jan 03, 2019 12:00 pm UTC| Technicals

Major support 0.9790 Pattern formed - Falling Wedge USD/CHF has once shown a good recovery from low of 0.97899. It hits high of 0.99205 and shown a minor dip. The Swiss franc was trading higher for past one week on...

FxWirePro: Activate ETH/USD long hedges as hammer and engulfing patterns take-off DMAs and EMAs

Jan 03, 2019 11:27 am UTC| Technicals Digital Currency Insights & Views

ETHUSDforms hammer pattern candle at $94.79 and $85.74 levels that have evidenced the upswings, consequently, the current price takes-off above DMAs. Recently, the bullish engulfing pattern candle has occurred at $142.15...

FxWirePro: EUR/NZD tests 200-DMA at 1.7112, good to stay long on break above

Jan 03, 2019 10:43 am UTC| Technicals

EUR/NZD chart on Trading View used for analysis EUR/NZD hovers around 200-DMA at 1.7112, break above to see further upside. Technical studies support upside in the pair. Momentum with the bulls. RSI is...

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Technology

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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....
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