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ASX200 trades below trend line support, targets 5636

Jan 13, 2017 03:40 am UTC| Technicals

Major support 5712 (89- 4H EMA). ASX200 has broken major trend line support at 5740 and declined till 5711. It is currently trading around 5714. The index faces strong support at 89-4H EMA and any break below will...

Nikkei225: Buy on dips

Jan 13, 2017 03:13 am UTC| Technicals

Nikkei225 forms temporary bottom at 18953 and started to jump from that level.The slight decline in yen has made index to jump till 19288. It is currently trading around 19283 0.55% higher. USD/JPY has recovered sharply...

FxWirePro: USD/THB rejects key support at 35.30, bias turns bullish

Jan 13, 2017 02:18 am UTC| Technicals

USD/THB is currently trading around 35.38 marks. It made intraday high at 35.42 and low at 35.34 marks. Intraday bias remains bullish till the time pair holds key support at 35.30 mark. On the top side key...

FxWirePro: AUD/JPY hits fresh 4-week highs at 86.22, China's lending data boosts appetite for commodity currencies

Jan 13, 2017 02:11 am UTC| Technicals

Technical Studies: AUD/JPY set to close higher for the third consecutive week. The pair trades with a bullish bias, remains supported above major trendline support at 85.50. Break below 85.50 likely to see test...

FxWirePro: USD/SGD remains well supported above 1.42 mark, Singapore’s retail sales data in focus

Jan 13, 2017 01:50 am UTC| Technicals

USD/SGD is currently trading around 1.4274 marks. It made intraday high at 1.4289 and low at 1.4256 levels. Intraday bias remains neutral till the time pair holds key resistance at 1.4292 mark. A daily...

FxWirePro: USD/JPY reclaims 115 handle, finds strong support by 50-DMA at 113.59

Jan 13, 2017 01:18 am UTC| Technicals

Technical Studies: USD/JPY has held above 50-DMA support at 113.59, we see further weakness only on break below. The pair has at the time of writing reclaimed the 115 handle. Trend remain lower, some consolidation...

FxWirePro: EUR/KRW stabilizes around 1,250 mark as Bank of Korea keeps base rate flat at 1.25 %

Jan 13, 2017 01:10 am UTC| Technicals

EUR/KRW is currently trading around 1,250 mark. Pair made intraday high at 1,250 and low at 1,245 levels. Intraday bias remains neutral till the time pair holds immediate resistance at 1,256 mark. A...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Politics

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New York Legalizes Medical Aid in Dying for Terminally Ill Patients

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Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue

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China Warns US Arms Sales to Taiwan Could Disrupt Trump’s Planned Visit

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Trump Allows Commercial Fishing in Protected New England Waters

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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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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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