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FxWirePro: USD/ZAR steady around 14.25 mark, bias remains neutral

Oct 14, 2016 08:05 am UTC| Technicals

USD/ZAR is currently trading around 14.23 levels. It made intraday high at 14.30 and low at 14.18 levels. Intraday bias remains bullish till the time pair holds key support at 14.20 marks. A daily close...

FxWirePro: EUR/JPY bounces off 20-DMA with spinning top formation, downtrend intact

Oct 14, 2016 07:03 am UTC| Technicals

EUR/JPY holds 20-DMA support at 114.07, momentum studies remain bearish. Major resistance lies at 100-DMA at 115.43, break above finds next hurdle at 116 (trendline). Break below 20-DMA support at 114.06 could...

FxWirePro: USD/TRY faces strong support at 3.0712; stay bullish

Oct 14, 2016 07:02 am UTC| Technicals

USD/TRY is currently trading at 3.0937 levels. It made intraday high at 3.0955 and low at 3.0799 levels. Intraday bias remains bullish for the moment till the time pair holds key support at 3.0712...

FxWirePro:GBP/JPY forms Bearish Gartley Pattern, good to sell on rallies

Oct 14, 2016 06:59 am UTC| Technicals

Harmonic Pattern Formed; Bearish Gartley pattern Potential Reversal Zone (PRZ) -127.70 The pair has jumped till 127.38 from the low of 125.98 made yesterday. It is trading around 127.04. Short term trend is...

FxWirePro: No traces of recoveries in Cable, both leading and lagging oscillators signify bears interests – Border binaries for certain yields

Oct 14, 2016 06:46 am UTC| Technicals

Despite the gains in GBPUSD from last two days, we suggest not to get bull trapped. Bears may resume at any time with attempts of sliding further as the current prices have remained well below 7DMA in spite of two days...

FxWirePro: USD/INR hovers around key resistance at 66.87, India’s WPI inflation data in focus

Oct 14, 2016 06:19 am UTC| Technicals

USD/INR is currently trading around 66.82 marks. It made intraday high at 66.87 and low at 66.72 marks. Intraday bias remains bearish till the time pair holds immediate resistance at 66.87 marks. Key...

FxWirePro: USD/JPY retakes 104 handle, intraday bias higher

Oct 14, 2016 06:05 am UTC| Technicals

Broad-based US dollar rally supports upside in USD/JPY, major retakes 104 handle. Holds strong support by 100-DMA on Thursdays trade, weakness only on break below. Stronger Chinese CPI data-driven risk-on market...

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Science

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Technology

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Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz

Oracle Corporation (NYSE: ORCL) shares surged sharply in extended trading on Thursday, reflecting renewed investor optimism fueled by reports of a potential U.S. TikTok transaction and fresh fundraising discussions...
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