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AUD/USD Plummets Following False Breakout, NZD/USD Unable to Confirm Double Bottom Pattern

by admin · May 12, 2023 ·

The AUD/USD pair has been moving sideways within a lateral channel for more than two months, with the upper and lower boundaries acting as resistance and support, respectively. However, a ...

WTI’s Future Outlook: Crude Oil Prices Stabilize After a Drop

by admin · May 12, 2023 ·

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On Friday, crude oil prices showed some stability after experiencing a drop overnight, which was likely due because of the US Dollar gaining ground and positive US economic data. The ...

Japanese Yen Surges as USD/JPY Dips in Response to US CPI Data; BoE Takes Center Stage Next

by admin · May 11, 2023 ·

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Over the last 24 hours, the Japanese Yen has been the top-performing major currency, with USD/JPY falling by approximately 0.7%. This represents the worst day for the pair in the ...

WTI on the Rise: Assessing Crude Oil’s Gains Ahead of US CPI Release

by admin · May 10, 2023 ·

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WTI crude oil prices have remained steady just below the $73 per barrel mark today, recovering from last week's sell-off that saw it trade at its lowest level since late ...

EUR/USD DXY Index Goes Lower as Bears Regain Strength, While USD/JPY Recovers Slowly.

by admin · May 10, 2023 ·

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The US dollar continues to rebound, with the DXY index going high for the second day in a row, fueled by caution on Wall Street ahead of key inflation data ...

Bitcoin price and Liquidity Drains and Price Dip Below $28,000

by admin · May 9, 2023 ·

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Over the past few weeks, the Bitcoin price of Bitcoin has outperformed many other digital assets, indicating its domination in the market. However, despite favorable macro market conditions, Bitcoin price ...