Technical Analysis
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Gold stalls Friday’s pullback from record peak on trade tensions, Fed rate cut bets
Gold attracts some dip-buying on Monday amid a combination of supporting factors. Trade uncertainties and geopolitical tensions act as a…
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Technical signals forecast a rebound in Dogecoin, Shiba Inu, Pepe
Dogecoin’s recovery approaches $0.20 level as retail interest returns. Shiba Inu struggles to hold above a key psychological level as…
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Bitcoin, Ethereum, Ripple – BTC, ETH and XRP struggle as selling pressure mounts
Bitcoin price hovers around $107,800 on Monday after falling 5.49% in the previous week. Ethereum slips below the $4,000 mark,…
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Chart of The Day – Gold
Gold is gaining 1.10% today and breaking above $3,800 per ounce. December futures are also rising to $3,840. The main reason…
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Australian Dollar rises as US Dollar depreciates on Fed rate cut bets
Australian Dollar advances as RBA is widely expected to keep its interest rates unchanged on Tuesday. Australia posted a budget…
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Gold climbs to record high above $3,800 as US inflation data fuels Fed rate cut hopes
Gold price drifts higher to a fresh all-time high in Monday’s Asian session. The US PCE price index rose 2.7%…
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Trade of The Day – US500
Facts Wall Street indices pulled back on September 25, shortly after the release of stronger-than-expected U.S. GDP and durable goods…
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Coffee Rebounds 2.5% on Falling ICE Inventories
Futures on Arabica Coffee (COFFEE) on ICE are trading nearly 2.5% higher today, making them the best-performing agricultural commodity. The primary driver of…
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Chart of The Day – EUR/USD
The euro is today the strongest G10 currency, rebounding about 0.15% against the dollar after two days of the deepest…
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AUD receives support from RBA caution, US PCE inflation data awaited
Australian Dollar weakened as the US Dollar gained support from stronger-than-expected US economic data. The AUD struggles amid risk aversion…
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