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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
GOLD – Extended Pullback Tests Daily Cloud Base Support
Gold remains under strong selling pressure, extending its steep post-election downtrend to a two-month low on Thursday.
Reduced political uncertainty in the US and rising expectations that Trump's economic policies will significantly…
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The pound’s sharp post-U.S. election downtrend has extended further, breaking below the 1.2700…
The pound continues to trend downward, driven by the so-called "Trump trades," as the dollar sees a significant rally fueled by post-election optimism.
The sharp bearish move has now extended into its fifth consecutive day, hitting a new…
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Bitcoin soars to a new record high, surpassing 92K
Bitcoin’s rally continues to gain momentum, surging further after a brief pause on Tuesday, marked by a long-legged Doji candlestick, and reaching a new record high by breaking through the 92K mark.
Bullish sentiment remains strong,…
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US inflation rose as expected in October
In October, US inflation rose by 0.2% month-over-month, consistent with September and meeting forecasts. The annualized inflation rate climbed to 2.6% from 2.4% in September, also aligning with expectations. Core inflation, which excludes…
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AUDUSD – consolidating above a three-month low, with potential for further downside; focus shifts to…
AUDUSD remains under pressure for the fourth consecutive day, though Wednesday’s decline slowed, with trading confined to a narrow range just above a three-month low.
Daily technical indicators remain bearish, supporting further downside…
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Dollar Index – bullish momentum slows ahead of US inflation data
The dollar index maintains a firm stance, holding above the previous peak of 105.79, though near-term trading has quieted early Wednesday in anticipation of a key economic event—today's US inflation data.
The recent strong rally driven…
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GBPUSD – bears pause following a sharp three-day decline; the broken 200DMA now serves as strong…
The GBPUSD pair is trading within a tight consolidation range in early Wednesday sessions, as bearish momentum eases following a steep three-day decline of 1.85%.
Tuesday’s break and close well below key support levels at 1.2846 (76.4%…
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Gold drops to a new multi-week low, but bears encounter resistance near the crucial $2600 support…
Gold extended its decline to a new multi-week low on Tuesday, reaching levels not seen since September 20, following Monday’s sharp 2.5% drop.
The precious metal remains under pressure in the short term, with a steep downtrend triggered…
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Bitcoin breaks through the psychological $90,000 barrier amid post-election optimism, with the…
Bitcoin surged past the psychological $90,000 mark in early Tuesday trading, building on Monday’s 10% rally—the largest daily gain since May 15.
Since Trump’s election victory, Bitcoin has maintained strong upward momentum, advancing 30%…
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EURUSD – Sharp downtrend continues, hitting a new multi-month low
EURUSD opened the week with a negative tone, dropping 0.7% by early US trading on Monday, following a 0.8% decline on Friday, marking a total loss of 2.7% since Trump's victory announcement on Wednesday.
The euro also posted a weekly…
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