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FxWirePro: 'Bearish Bat Pattern' on NZD/JPY raises scope for downside, go short on close below 20-DMA at 82.22

Jul 19, 2017 08:28 am UTC| Technicals

NZD/JPY has taken support at 20-DMA at 82.22 and edged higher to currently trade at 82.54 levels. Moving averages do not show signs of reversal as of now, price action rages between 5 and 20 DMAs. We see a...

FxWirePro: USD/CNY fails to find support below 6.75 mark, PBOC sets yuan mid-point at 6.7451

Jul 19, 2017 07:58 am UTC| Technicals

USD/CNY is currently trading around 6.7547 marks. It made intraday high at 6.7582 and low at 6.7449 levels. Intraday bias remains bullish till the time pair holds key support at 6.7450 mark. A sustained...

FxWirePro: EUR/AUD hovers around 100-DMA at 1.4548, bias lower, stay short

Jul 19, 2017 06:59 am UTC| Technicals

EUR/AUD has broken below daily Ichi cloud, intraday bias lower. The pair finds strong support at 100-DMA at 1.4548, we see scope for test of 200-DMA at 1.4387 on break below. Technical indicators are heavily...

FxWirePro: South African rand trades marginally lower ahead of CPI, core CPI data

Jul 19, 2017 06:50 am UTC| Technicals

USD/ZAR is currently trading around 12.93 levels. It made intraday high at 12.94 and low at 12.88 levels. Intraday bias remains neutral till the time pair holds key support at 12.88 mark. A daily close...

FxWirePro: Gold trades well above 200 –day MA, jump till $1258 likely

Jul 19, 2017 06:37 am UTC| Technicals

Gold jumped till $1244 on account of weak U.S dollar and falling U.S bond yields. The yellow metal formed a minor bottom around $1204 and any minor weakness can be seen only below that level. It is currently trading around...

FxWirePro: Nikkei Daily Outlook

Jul 19, 2017 06:35 am UTC| Technicals

Nikkei declined slightly below trend line support at 19936 and shown a minor recovery from that level. Nikkei is trading slightly weak on account of stronger yen. It is currently trading around 19983 0.02%...

FxWirePro: USD/JPY back in sloping channel after rejection at stiff resistance, major trend goes in sideways with shooting star formations

Jul 19, 2017 06:30 am UTC| Technicals

Ever since the rejection of stiff resistance of 114.454 levels, the price behavior again goes in sloping channel, the price dips have again gone below 21DMA, for now, one can expect more dips upon bearish DMA crossover...

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Economy

India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out

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Politics

Jack Lang Resigns as Head of Arab World Institute Amid Epstein Controversy

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US Pushes Ukraine-Russia Peace Talks Before Summer Amid Escalating Attacks

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Netanyahu to Meet Trump in Washington as Iran Nuclear Talks Intensify

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Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape

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Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall

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Science

SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates

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NASA and SpaceX Target Crew-11 Undocking From ISS Amid Medical Concern

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Neuralink Plans High-Volume Brain Implant Production and Fully Automated Surgery by 2026

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Jared Isaacman Confirmed as NASA Administrator, Becomes 15th Leader of U.S. Space Agency

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Senate Sets December 8 Vote on Trump’s NASA Nominee Jared Isaacman

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Technology

Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge

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Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate

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Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch

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OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering

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SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off

SoftBank Group Corp. (TYO:9984) shares tumbled sharply on Thursday, tracking a steep decline in Arm Holdings (NASDAQ:ARM) after the UK-based chip designer reported weaker-than-expected earnings for the December quarter....
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