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FxWirePro: EUR/JPY extends decline after rejection a falling trendline resistance

Mar 18, 2016 07:07 am UTC| Technicals

EUR/JPY is extending decline on the day after seeing rejection at strong trendline resistance on Thursdays trade. Pair has been rejected multiple times at trendline since Mar 11th trade. Only breaks above could see...

FxWirePro: EUR/USD faces strong resistance around 1.1350, good to sell on rallies

Mar 18, 2016 06:59 am UTC| Technicals

Major resistance 1.13500 (trend line joining 1.1495 and 1.1376) The pair has made a high of 1.13424 and slightly decline from that level. It is currently trading around 1.13014. Intraday trend is slightly weak...

FxWirePro: NZD/JPY extends range trade along strong trendline resistance, upside only on breaks above

Mar 18, 2016 06:52 am UTC| Technicals

NZD/JPY upside stalls at strong trendline resistance, pair struggling to extend gains above. Disappointing wage negotiation results and recent weakness in Japanese economic data point to a high possibility of...

CAD/JPY struggles to break above 86.50, break above targets 87.50/89

Mar 18, 2016 06:32 am UTC| Technicals

Major resistance 86.50 (trend line joining 85.76 and 86.13) Major support 85 The pair has recovered after making a low of 84.98. It is currently trading around 85.78. The pair is facing strong resistance...

FxWirePro: NZD/JPY to break crucial support 75.922, more bearish space upto 74.500 - speculate via option tunnel

Mar 18, 2016 06:02 am UTC| Technicals

The pair rallied from 74.623 to 76.458, thats where it has struggled to hold onto the minor resistance. Bears have again been active to push back southwards at that level. It has broken supports at 75.922 levels on...

Gold remains well supported above $1260, good to buy on dips

Mar 18, 2016 05:59 am UTC| Technicals

XAU/USD is currently trading around $1263. It made intraday high at $1266 and low at $1256 levels. Intraday bias remains slightly bullish till the time pair holds key support at $1248 marks. Alternatively,...

AUD/USD trade idea

Mar 18, 2016 05:54 am UTC| Technicals

AUD/USD rejected at channel top resistance, drop to 0.7587 likely. Significant gains in commodities and a broadly weak Greenback supported upside in AUD/USD. The pair largely ignored weak Jobs data and has hit...

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Economy

China Extends Gold Buying Streak as Reserves Surge Despite Volatile Prices

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Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal

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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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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

The U.S. Senate Commerce Committee announced it will vote on December 8 on President Donald Trumps renewed nomination of private astronaut and tech entrepreneur Jared Isaacman to lead NASA. Isaacman, known for his...

Technology

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

Nvidia (NASDAQ: NVDA) CEO Jensen Huang reaffirmed his bullish stance on artificial intelligence, calling the massive capital expenditure flowing into AI infrastructure both appropriate and necessary as the industry...

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

Amazon.com (NASDAQ:AMZN) delivered a mixed but closely watched earnings report, beating Wall Street expectations on revenue while unveiling a massive long-term investment plan that unsettled investors. The e-commerce and...

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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