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EURUSD, “Euro vs US Dollar” EURUSD is pushing off the upper boundary of the descending channel. The instrument is going inside the Ichimoku Cloud, which suggests a flat. A test of the upper boundary of the Cloud at 1.0885 is expected, followed by a decline to 1.0705. An additional signal confirming the decline will be […]

XAUUSD, “Gold vs US Dollar” Gold has formed a Hanging Man reversal pattern near the resistance line. Currently, the instrument might go by the reversal signal in a descending wave. The decline target could be 1928.50. Upon testing the support, the quotes might rebound from it and continue the uptrend. However, the quotes could drop […]

TitleGBPUSD H4 | React off resistance level? TypeBearish Reversal Preference: Price has just reacted off our pivot point off 1.26525 which is an overlap resistance level. A reverse from here, price could fall to 1st support at 1.25647 which is a multi swing low support level. Alternative scenario:However, if price breaks above the pivot, it […]

BTC Breaks Higher Following a period of consolidation over the last week, Bitcoin prices exploded higher yesterday, carving out a more than 8% gain. The rally saw BTC breaking back above the 27415 level, a key support level for the market, putting focus back on a further push higher. The driver behind the move was […]

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