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With Trump’s win likely strengthening the U.S. dollar, EUR/USD has reached a notable support level that has held firm over the past year. This level may lead to a short-term bounce, but continued downside is possible due to factors like holiday spending patterns, potential new sanctions on China, and renewed confidence in the new administration. I’ll be watching...

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With Trump back in office, we’re seeing renewed tension in U.S.-China trade relations. Trump’s team is expected to restrict certain Chinese goods, which could pressure Chinese markets in the short term. In response, China has hinted at ramping up its economic stimulus by 10-20%, cushioning companies like Alibaba. In the immediate term, Alibaba might see a dip...

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The CHF/JPY pair has undergone a substantial correction after peaking at 177.20, pulling back by 300 pips and breaking through the Fibonacci extension level around 174.30, where it closed yesterday. As shown in the chart above, this decline carried significant momentum, with a swift downward push halted only by the close of the trading session. Technically, the...

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Ethereum has recently dropped to a significantly lower level after trading above $4,000. At $2,500, many investors see the price as undervalued, potentially driving a rally toward the $3,000 mark, offering a 20% profit opportunity from the current price.

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It’s essential to understand that recent volatility in Trump Media’s stock price is driven more by speculation surrounding Donald Trump’s potential election win than by the company’s own financials, reports, or fundamentals. The stock, which once peaked at $175 even without Trump in office, reflects the anticipation tied to his election campaign. Should he win, it...

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As shown in the chart above, EUR/USD has reached our initial target, aligning with the short position suggested by the technical analysis. The price has now landed on the support level established in August of this year, indicating a potential uptrend toward the previous high. The suggested Take Profit (TP) and Stop Loss (SL) offer a profit/loss ratio of 3.03,...

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Back in May, Heineken (HEIA) held steady at a high of $96 per share. Fast forward, and we’re now seeing a substantial dip, with the stock hovering around $75. But this isn’t just any price level—it’s a historical support zone, rooted in the post-COVID recovery period where Heineken found a solid foundation after previous market downturns. Why does this level...

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NIO, a leading Chinese electric vehicle maker, is gaining attention with a recent surge in vehicle deliveries, up 35.4% year-over-year in September 2024. The company delivered 61,855 vehicles in Q3 2024, setting a new record. NIO has also launched its new mass-market SUV, the ONVO L60, and secured a major investment of RMB3.3 billion for its NIO China subsidiary....

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After Tesla's significant price surge, it has now reached a strong resistance level. From this point, traders may anticipate a price correction, potentially in the form of a minor pullback, before resuming the uptrend. Additionally, Elon Musk's recent statement that older Tesla models won’t support the self-driving feature could contribute to a further price dip....

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USD/JPY is currently sitting at a strong support level that has proven its significance in the past. Although the price previously broke through this level with strong momentum, it has since lost steam. The overall trend and outlook still indicate a potential continuation of the bullish movement. However, be mindful of the possibility of a correction. If you...

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Since September, the #USDZAR exchange rate has been moving within a bullish channel. It's relatively straightforward to identify the support and resistance levels that align with this trend. As the USD has recently gained strength, the fundamentals suggest a potential continuation of the uptrend for this currency pair.

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The price of crude oil has shown indications of a potential short-term rise. However, current analysis suggests that the overall trend remains bearish, indicating potential downward pressure in the longer term. This is not a financial advice.

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As shown on the chart, the GBP/CHF pair has been following a strong trend. Each time the price approaches a support level, it forms a "shadow," indicating a false breakout, before rebounding upward. This pattern has occurred multiple times, suggesting a potential entry opportunity with a risk-to-reward ratio of 1:2. The price may move higher than the target...

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EUR/USD: Potential Decline Toward Support Level The EUR/USD pair is currently showing signs of a downtrend, and as the saying goes, "the trend is your friend." Based on the current market analysis, there is a strong possibility that the price will continue to decline until it reaches a significant support level. Traders should monitor this movement closely, as it...

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Tesla’s third-quarter net income rose 17.3% as electric vehicle sales increased for the first time this year. The company reported a $2.17 billion profit, up from $1.85 billion in the same period of 2023. Despite price cuts and low-interest financing, it was Tesla’s first profit increase in 2024. Revenue rose 7.8% to $25.18 billion, but missed Wall Street's...

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Intel Stock Analysis: Potential Uptrend Ahead Based on recent price action, Intel's stock has reached a significant historical support level, leading to a rebound. An uptrend may develop if the company continues to enhance its management practices and successfully transitions into the growing AI sector.