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FTSE100 faces strong support at 6000, break below targets 4875

Jun 14, 2016 07:15 am UTC| Technicals

Major intraday resistance 6080 (hourly Kijun-Sen) Major support 6000 (Mar 10th 2016 low) The index has broken minor support of 6048 (May 19th low) and declined till 6015 at the time of writing. Any...

FxWirePro: NZD/USD upside likely running out of momentum, good to sell rallies

Jun 14, 2016 07:15 am UTC| Technicals

NZD/USD edges higher from session lows of 0.7022. The pair is extending downside from RBNZ led highs of 0.7147. 0.7147 was a yearly high, last seen since June 8th, 2015. Upside in the pair seen capped below...

FxWirePro: USD/CNY remains well supported above 6.58 mark as PBOC sets Yuan mid-point at 6.5791 / dlr vs last close 6.5842

Jun 14, 2016 07:12 am UTC| Technicals

USD/CNY is currently trading around 6.5830 marks. It made intraday high at 6.5895 and low at 6.5822 levels. Intraday bias remains bullish till the time pair holds key support at 6.5607 levels. A sustained...

FxWirePro: USD/ZAR remains well supported above 15.12 mark, intraday bias remains bullish

Jun 14, 2016 06:51 am UTC| Technicals

USD/ZAR is currently trading around 15.17 levels. It made intraday high at 15.21 and low at 15.12 levels. Intraday bias remains bullish till the time pair holds key support at 15.12 marks. A daily close...

EUR/USD faces strong intraday support at 1.12670, break below targets 1.120/1.1150

Jun 14, 2016 06:19 am UTC| Technicals

Major resistance 1.13060 (200 4 H MA) Major support 1.12670 (4 H Tenkan-Sen) The pair has taken support near 90 day EMA yesterday and jumped till 1.13028. It is currently trading at 1.12862. The intraday...

FxWirePro: Silver faces strong resistance at $17.42, a sustain break above targets $17.80 mark

Jun 14, 2016 05:55 am UTC| Technicals

XAG/USD is currently trading around $17.29 marks. It made intraday high at $17.42 and low at $17.25 levels. Intraday bias remains bullish till the time pair holds key support at $17.08 marks. A daily close...

GBP/JPY faces strong resistance at 151, break above targets 155

Jun 14, 2016 05:54 am UTC| Technicals

Major Support 149.50 (Yesterday low) Major resistance- 151 (hourly Kijun-Sen) GBP/JPY has recovered after making a low of 149.46. It is currently trading around 150.21. The ICM recent UKS EU referendum...

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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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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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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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