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- BTCUSD – sellers reassert control following a brief corrective bounce
- Silver extends gains following Friday’s strong rally, reaching a fresh record high
- AUDNZD extends its downside momentum following the RBNZ’s hawkish rate cut
- USDJPY pulls back following verbal intervention signals
- Gold drops sharply as expectations for a Fed rate cut in December continue to cool
- BTCUSD continues its sharp decline, plunging decisively below the key psychological support at $100,000
- EURJPY surges to a new record high, but intervention risks loom large
- Gold pauses after recent surge, but bullish momentum stays intact above $4100
- EURGBP poised to resume its uptrend following a brief corrective pullback
- USDJPY climbed to a fresh multi-month high, but prospects of potential FX intervention keep traders cautious
BTC/USD breaks through the $100,000 milestone as market sentiment improves
BTC/USD experienced a swift rebound after a strong downside rejection at the key $90,000 support zone, breaking through the psychological $100,000 barrier and signaling a resurgence of bullish momentum.
Market sentiment improved on news…
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The GBP/USD pair remains close to its recent multi-month low as markets turn their attention to…
The GBP/USD pair faced renewed pressure on Tuesday, edging closer to retesting its multi-month low of 1.2099 after multiple failed attempts to sustain a recovery near the 1.2250 zone.
Bearish momentum resumed after a brief correction,…
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WTI oil prices continue to climb amid supply concerns driven by the latest U.S. sanctions on Russia
WTI oil prices surged to a new multi-month high of $78.66 on Monday, the highest level since August 14, as a strong bullish rally from the $72.83 higher low extended into its third consecutive day.
The latest U.S. sanctions targeting…
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U.S. non-farm payrolls exceed expectations significantly in December, with the unemployment rate…
The U.S. labor market showed surprising strength in December, closing the year on a solid footing. Nonfarm payrolls rose by 256,000, far surpassing economists’ forecasts of a 160,000 increase. This followed a revised gain of 212,000 in…
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AUDUSD – Bears Test Key Support Ahead of US Labor Report Release
The AUDUSD remains firmly in the red, testing key support at 0.6170 (the 2022 low) after a brief recovery was repeatedly rejected above the declining 20DMA, forming a double bull trap on the daily chart.
Bearish daily studies continue to…
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GBPUSD Slides to New Multi-Month Low, Bears Set Sights on 1.20 Zone
The GBPUSD pair dropped to a 14-month low on Thursday morning, with the steep bearish trend from the 1.2575 lower high extending into a third consecutive session.
The pound's weakness was driven by a stronger dollar, concerns over…
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USDJPY – Bulls Target 160 Level
USDJPY maintains a strong tone, staying just below its new multi-month high early Wednesday, with near-term focus on the upside after recent consolidation faced multiple downside rejections.
The fundamentals continue to favor the dollar,…
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USD/JPY – Bulls Maintain Control for Further Upside, BoJ Intervention Possible
The near-term action remains trapped in an extended sideways range below the new multi-week high of 158.07 and is consolidating December’s 5% advance.
Limited pullbacks, currently contained by the rising 10DMA, suggest that larger bulls…
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EUR/USD – Major downtrend pauses for consolidation, parity level back in focus*
EUR/USD edged higher early Friday as traders booked partial profits at the week's close, following a sharp three-day decline that pushed the pair to its lowest levels in over two years.
The broader bearish trend appears poised for a…
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Gold is expected to continue being supported by political and economic uncertainty, as well as…
Gold gained nearly 1% on the first trading day of 2025, signaling an initial positive outlook for a potential recovery from the $2582 level (Dec 18/19 higher base).
This is supported by the completion of a bullish failure swing pattern…
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