When the European market opens, some economic data will be released such as Unemployment Rate, Italian Prelim CPI m/m, Core CPI Flash Estimate y/y, CPI Flash Estimate y/y, Italian Monthly Unemployment Rate, French Prelim CPI m/m, French Gov Budget Balance, and German Retail Sales m/m. The US will publish the economic data such as Revised […]
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Technical Market Overview: The GBP/USD pair has reversed down after hitting the level of 1.2308 which is located just below the 61% Fibonacci retracement at 1.2324. The Broadening Wedge price pattern might have been completed then because the price has broken below the technical support at the level of 1.2248 and 1.2175. The whole move […]
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To open long positions on EURUSD you need: Yesterday, buyers missed the support of 1.1086, which coped with its function for almost three trading sessions. However, there was no major decline due to the lack of news. At the moment, it is best to open long positions after the release of a series of reports […]
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Crypto Industry News: According to New York analytical company Blockchain Chainalysis, only 8.1% of all funds sent to cryptocurrency mixers are stolen funds. In its latest webinar, Chainalysis reported that most of the funds sent to cryptocurrency blending services or tumblers come from exchanges, indicating that such funds are mainly used for privacy purposes, not […]
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Crypto Industry News: Bitcoin prices may face new volatility after Craig Wright was ordered to pay 500,000 Bitcoins to brother Dave Kleiman, his deceased business partner. A payout – worth over $ 5 billion at the time of writing – could attract a 40% tax rate that Kleiman’s assets would have to pay. There are […]
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Technical Market Overview: The bears at the EUR/USD pair have pushed the price towards the level of 1.1101, which is technical support for the price after the Doji candlestick formation was made. The price has retraced more than 61% of the last spike up, so now it is clear the bears are in control of […]
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Technical Market Overview: The GBP/USD pair has made another marginal higher highs at the level of 1.2307 during the corrective pull-back. The Broadening Wedge price pattern is getting expanded and the target for bulls is seen at the level of 1.2381. This is the short-term key resistance level and if violated, the correction might evolve […]
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Technical Market Overview: The EUR/USD pair has made a move up towards the level of 1.1167, but there was a Doji candlestick made at the end of this move, so the bull was unable to break through this level for now. The bears have pushed the price towards the level of 1.1101 again, which is […]
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Technical Market Overview: The bulls are temporary in control of the GBP/USD market and after another higher high was made at the level of 1.2293, the next target for them is located at the level of 1.2381. This is the short-term key resistance level and if violated, the correction might evolve into more trending move […]
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Crypto Industry News: A man from Los Angeles confessed to running a $ 25 million Bitcoin money laundering program and selling methamphetamine. American media reported that the 25-year-old, Kunal Kalra, could receive a life sentence. Authorities say that in 2015-2017 Kalra exchanged BTC and dollars, ran a Bitcoin ATM and admitted to concluding transactions with […]
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