legacyFXofficial

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Zillow Group Inc.’s roughly $1.15 billion pile of mortgage bonds tied to its home-buying business has been thrust into the spotlight after the real-estate giant on Tuesday called it quits on its iBuying home-flipping business. The Class C shares Z, -24.92% plunged 24.6% in afternoon trading, and the Class A shares ZG, -22.95% plummeted 23.4%, both toward 15-month...

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AUD/USD fell sharply on Monday, following the RBA decision, breaking below the upside support line drawn from the low of September 29th and stopping at 200-EMA. This has discarded the bullish case, but it has yet to confirm a bearish reversal signal. Therefore, the traders probably will stay sidelined for now. According to the experts, a bearish reversal...

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On Friday, EUR/USD fell sharply after it hit resistance at 1.1690, almost touching the 23.6 Fibonacci level. The pair tumbled nearly 150 pips, breaking below the 1.1580 zones, which had been providing decent support since October 13th. Yesterday, the rate rebounded somewhat from the previous downside resistance line taken from the high of September and retested...

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PayPal stock quick analysis & labeling of the supply and demand situation in the market. Marked out on the chart you can see zones of supply and demand, and we are approaching a zone of demand coming into this earnings release. Should PayPal post solid EBITDA and raise its outlook at all, then any bounce might be able to be traded risking off of this demand zone...

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Last week USDJPY price reached a key weekly resistance cluster. Bears started to push and today they managed to violate a rising parallel channel to the downside. Such a bearish breakout may trigger a strong bearish continuation up to 112.10 Support zone. USDJPY was trading in a rising wedge as well,but the pair hit a strong horizontal resistance And after...

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Since hitting its all-time high early this May, ETH has failed to make a new high. During this time, a massive cup & handle pattern has formed on the daily chart . Since the start of October, the "handle" part of the pattern is shaping up perfectly. I'm expecting a break out and a new all-time high in the coming weeks (days). First target for the break out is...

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NZDCHF is very bullish from the beginning of October. Setting a new high last week the price retraced to a key level. Retesting key support the price started to grow. Bulls managed to violate a falling wedge pattern, and duplicate the bullish breakout. Expect new wave upward to the key resistance level. The bias for the NZD remains firmly titled to the upside,...

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The dollar has been on a mission, which has shocked a lot of investors considering the FED keeps printing money! When will this strange rally end? We would love to see a slight pullback with signs of rejection before we sell off a wipe out a good chunk of buyers. Breakout of this descending formed channel It'll push price downward thereby affecting USD Pairs. The...

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The technical figure Triangle can be found in Spanish company Banco Bilbao Vizcaya Argentaria, S.A. (BBVA.mc) at daily chart. Banco Bilbao Vizcaya Argentaria, S.A., better known by its initialism BBVA, is a Spanish multinational financial services company based in Madrid and Bilbao, Spain. It is one of the largest financial institutions in the world, and is...

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The technical figure Pennant can be found in Spanish company Amadeus IT Group S.A. (AMS.mc) at daily chart. Amadeus IT Group, S.A. is a major Spanish IT provider for the global travel and tourism industry. The company is structured around two areas: its global distribution system and its Information Technology business. Amadeus provides search, pricing, booking,...

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The technical figure Pennant can be found in French company Safran SA (SAF.pa) at daily chart. Safran S.A. is a French multinational aircraft engine, rocket engine, aerospace-component and defense corporation. Employing over 95,000 people and generating 24.64 billion euros in sales in 2019, Safran operates in the aircraft propulsion and equipment, space and...

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The technical figure Triangle can be found in US company Visa Inc. (V) at daily chart. Visa Inc. is an American multinational financial services corporation. It facilitates electronic funds transfers throughout the world, most commonly through Visa-branded credit cards, debit cards, and prepaid cards. Visa is one of the world's most valuable companies. The...

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The technical figure Triangle can be found in US company Wells Fargo (WFC) at daily chart. Wells Fargo & Company is an American multinational financial services company. The company has operations in 35 countries with over 70 million customers globally. It is considered a systemically important financial institution by the Financial Stability Board. The Triangle...

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EUR/USD also edged north yesterday touch and drove back to the downside resistance line taken from the high of September 03rd, which suggests that any further recovery may stay limited. The experts believe that the bears may jump back into the action from near the crossroads of that line and the 1.1640 barriers, marked by the high of October 4th. This could...

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The Pfizer Inc. Stock has been in a sliding mode since August when it hit its all-time high at $51.84 per share. However, the slide was stopped yesterday from strong support 200-period Exponential moving average and 38.2 Fibo level, which prevented the stock from drifting lower. Overall, the stock continues to trade below the downside line taken from the high of...

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Gold reversed hard on Friday, and this puts in a position to trade lower within the context of a downtrend. It is likely that the price follow-through on the reversal candle soon if it holds its bearish implications. Silver posted the exact bearish reversal on Friday and did so at a solid trend-line of resistance coming down from June. As long as silver stays...

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Platinum is a rare precious metal used in jewelry, electronics, and scientific equipment. Platinum prices are highly volatile, even more so than gold. As platinum supplies remain low and demand high, platinum prices will likely remain volatile. Platinum price formed a strong bullish rally last Friday due to the stability above the breached resistance at $1000.00...

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In mid-August, AUDUSD started to rise and correct the down move, at the beginning of September, a new leg down took place. However, this new leg down couldn't make a new low, but a higher low instead which puts under question the medium-term downtrend. The last breakdown has proven to be a false one and AAUDUSD pair quickly recovered losses. At this point, the...