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EURUSD, “Euro vs US Dollar” On H4, the pair formed a reversal Hammer pattern at the support level. Currently, if the pair goes by the signal, it might provoke an ascending impulse. The goal of the growth will be 1.0490. However, the price can still fall to 1.0340 without a pullback to the resistance level. […]
AUDUSD, “Australian Dollar vs US Dollar” On H4, the quotes are under the 200-days Moving Average, which indicates a downtrend. A test of 1/8 is expected, followed by a breakaway and a decline to the support level of 0/8. The scenario can be cancelled by a breakaway of the support level of 3/8 upwards. In […]
Type: Bearish MomentumKey Levels:Resistance: 235.2Pivot: 225.25Support: 211. 40Preferred Case:On the H1, with price moving below the ichimoku indicator and along the descending trendline, we have a bearish bias that price will drop from our pivot at 225.25 in line with the 23.6% fibonacci retracement and overlap resistance to the 1st support at 211. 40 in […]
Bitcoin On The Ropes The collapse in Bitcoin has seen the market trading down to it slowest level since December 2020 this week. Firmly hawkish Fed expectations and a resurgent US Dollar have seen risk assets crumbling recently. Bitcoin is now trading down around 70% from the all-time-highs printed last year and has fallen by […]
Cryptocurrency wallet firm Exodus has been paying all its staff fully in Bitcoin since launching its software wallet in 2015, CEO JP Richardson said. 2282 Total views 99 Total shares Major cryptocurrency wallet provider Exodus continues paying its employees in Bitcoin (BTC) despite the ongoing bear market, with the total market cap dropping below $1 […]