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EUR/USD remained stable around the 1.0550 mark on Monday morning in Europe. Traders are cautious, refraining from making significant moves on the Euro ahead of crucial inflation and GDP data from Germany. Ongoing political tensions also add to market apprehension. The EUR/USD pair started the week with minor losses in the early Asian trading hours. Amid a busy...

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Bitcoin (BTC) has formed a technical pattern on the daily chart, indicating a potential move towards $40,000 in the coming week. This pattern, known as a continuation chart pattern, typically occurs after a significant upward or downward movement, followed by a short-term consolidation before the asset resumes its previous trend. The signal for Bitcoin's price...

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The GBP/USD pair dipped to 1.2100 in early European trading but found support just above this level. The US dollar maintained its strength after Tuesday's rally, preventing the pair from gaining momentum. The Relative Strength Index (RSI) on the 4-hour chart has dropped below 50, indicating a bearish trend. Meanwhile, the most recent 4-hour candles closed below...

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The EUR/USD pair remains on the defensive in the Asian trading session on Thursday, currently trading around the 1.0560 area, or its lowest level in a week, as traders eagerly anticipate the European Central Bank's (ECB) interest rate decision. The EUR/USD exchange rate has continued its decline for the second consecutive day, extending its retreat from monthly...

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As of the time of writing, the price of Bitcoin stands at $34,697, showing strong upward potential. It hovers around the mid-range of the yearly low of $35,184. The leading cryptocurrency has doubled in value since closing at $16,542 on December 31st, surpassing the critical 61.8% Fibonacci level at $28,067. It has also broken through the 78.6% Fibonacci level at...

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XAU/USD surged on Wednesday, trading around $1,982 per troy ounce. Financial markets are closely monitoring Wall Street's earnings reports while assessing economic prospects ahead of key events scheduled for Thursday. On one hand, financial markets anticipate substantial growth in the US economy from July to September, projected at an annual rate of 4.2%. Such an...

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Gold prices showed a partial decline from last week's surge, hovering around $1,975 in Asian trading on Monday. The metal's upward momentum was supported by safe-haven inflows due to escalating political tensions in the Middle East. Amid favorable winds, gold spiked to nearly $1,980.00, marking its third consecutive day of gains and aiming to reclaim its...

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In Wednesday's Asian trading session, GBP/USD witnessed some buying activity, seemingly preventing a retreat from the nearby 1.2300 level or the two-week high. The spot price attempted to hold above 1.2150 after a dip in the US Dollar (USD), although the upward momentum lacked conviction. GBP/USD was last seen trading just below the 1.2250 mark, where the 200-day...

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EUR/USD is testing the 1.0600 threshold after discovering fresh demand in early Wednesday's Asian trading session. The pair's recovery is bolstered by the temporary pause in the US dollar's overnight rebound. Traders are closely eyeing Germany's IFO survey, a pivotal focus for Euro investors. The EUR/USD rate sharply dipped from its recent monthly high near 1.0700...

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On Tuesday, US stocks opened on a positive note, propelled by a slew of robust earnings reports from major corporations such as General Electric (NYSE: GE), Coca-Cola (NYSE: KO), Verizon (NYSE: VZ), and 3M (NYSE: MMM), uplifting investor sentiment. The Dow Jones Industrial Average rose by 0.66% at the opening, while the Nasdaq Composite gained 0.82%. Investors...

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In a swift recovery, gold prices surged above $1,970 USD, breaking free from the previous weekly low of $1,950 USD in early Wednesday Asian trading hours. This mild rebound of the precious metal was bolstered by the strengthening US dollar (USD). XAU/USD is currently trading at $1,970 per troy ounce, with the daily chart indicating lower lows and higher highs,...

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GBP/USD made a significant jump of 100 pips on Monday, reaching its highest level in over a week at 1.2258. The pair is maintaining its upward momentum as the US Dollar weakens due to fluctuating bond yields. On Tuesday, the UK will release employment data, and the S&P Global PMI figures are also scheduled for publication. The currency pair started trading higher...

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In the early hours of Tuesday's Asian trading session, the EUR/USD pair rose above the 1.0600 mark. This significant increase, reaching its highest level in a month, was supported by a weakened US Dollar. EUR/USD is currently trading at 1.0670, a minor decrease of 0.01% for the day. The EUR/USD exchange rate gained momentum on Monday, surpassing the 1.0640 level....

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Bitcoin experienced a remarkable 10% surge on Monday, reaching its highest level in 1.5 years. This surge also propelled cryptocurrency-related stocks, such as Coinbase Global, Marathon Digital, and MicroStrategy, to higher values during after-hours trading in the United States. The world's largest cryptocurrency ultimately settled at $32,833 after trading as...

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In a significant rebound, the price of gold surged past $1,980 during Tuesday's Asian trading session, recovering recent losses. This uptick was bolstered by a weakening US dollar, potentially influenced by the reduced interest rates on US Treasury bonds. The XAU/USD daily chart indicates the metal is trading just below Friday's closing level, maintaining its...

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GBP/USD struggled to sustain its winning streak, trading around 1.2160 in Monday's Asian session. However, the currency pair faced resistance after the optimistic release of the UK Retail Sales data for September last Friday. GBP/USD started to trend higher after testing the 1.2100 level, but the Relative Strength Index (RSI) on the 4-hour chart remains below 50,...

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In Monday's Asian trading session, EUR/USD remained below the crucial 1.0600 mark. Traders, assessing developments in the Middle East, limited the pair's upward movement, as the U.S. Dollar gained strength amidst higher yields and a declining stock market. The EUR/USD exchange rate marked its third rise in four days, trading above the 20-day Simple Moving Average...

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Bitcoin (BTC) has seen a significant resurgence in its market dominance after a two-year downtrend and the initiation of the "crypto winter" last year. Often referred to as 'digital gold,' the cryptocurrency has showcased a remarkable recovery, surging by 71% since the beginning of 2023. As of Sunday, amidst this uptrend, Bitcoin is trading around $30,000, and its...