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After experiencing a massive 360% drop, RAREUSDT has nearly erased all of its previous gains, eventually hitting an interim low around the 0.12 mark. However, there are now signs of potential recovery on the technical front. At present, the price has stopped hitting fresh lows and is stabilizing in a consolidation phase with reduced volatility. The market is...

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The Swiss National Bank (SNB) has just announced a 25 basis points reduction in its sight deposit rate, bringing it down to 1.0%, a move largely anticipated by market analysts. This marks a shift from the previous rate of 1.25%, but the immediate market reaction hasn’t exactly aligned with what one might expect from such a decision. Typically, a rate cut like...

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The GBP/JPY pair has been gaining momentum after carving out a solid double bottom around the 184.0 mark, bolstered further by a correction in the yen, which in turn was spurred by the dollar’s unexpected reaction to the U.S. interest rate cuts. Despite this recent strength, a decline could still unfold as the pair approaches the critical resistance range of...

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I hope you’re all doing well! We have some exciting news regarding ETH—there’s a strong chance of a significant price movement on the horizon. We’ve been closely monitoring the crypto pair for quite some time to ensure we identify the optimal buying zone. Currently, we believe there’s a high likelihood that the price could reach the previous higher high on both...

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This is my expectation with a strong crypto exchange

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In the AUD/CHF pair, we’ve seen a decisive break and close above the descending channel. On the weekly chart, a long-tailed candle has formed, signaling a robust rebound from the key support level. The market has consistently honored the 0.5600 psychological barrier, bouncing off it several times. With the bullish momentum gathered this week, I anticipate further...

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Bitcoin's price action has recently demonstrated a breakout from a well-established Bullish Flag Formation, a classic continuation pattern often associated with further upward momentum. This surge comes at a time when the U.S. Dollar shows signs of fragility, intensifying market discussions about a potential rate cut by the Federal Open Market Committee (FOMC)....

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DOGEUSDT is currently in a distribution phase, targeting a key resistance level at 0.11546. Both the global and local trends remain bearish, with no clear signs of a breakout just yet. However, a countertrend rally is beginning to take shape. On the 4-hour chart, a sideways range is dominating the scene. The last time this 0.11546 resistance was tested was...

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Gold prices are pushing higher, defying expectations amid the strengthening U.S. dollar. Despite the dollar's growth, the precious metal continues to climb, hitting new highs with no visible resistance in sight. The geopolitical landscape is providing a strong tailwind, further fueling its upward momentum. Currently, gold is trading close to its all-time peak, as...

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The Russell 2000 is closing in on the upper boundary of its structural zone around the 2276 mark, with bullish momentum pushing broader indices toward record levels. This wave of optimism could also lift the Russell 2000 to new heights. On the daily chart, the index is once again approaching the critical 2276 level. In shorter time frames, fresh bullish...

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We need to exercise caution as the price nears a cluster of significant resistance levels. Pressure could arise from the 65K region, which remains untested, as well as the higher zone around 68K-69K. It's important to note that, on a global scale, bitcoin is still within a descending channel. While the broader picture (D1-W1) shows potential for further growth,...

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The market has broken and closed above the significant psychological level of 0.6800, establishing a range zone above this point. Given the prevailing bullish trend, I see a strong possibility for continued upward movement. Currently, the market is testing the weekly level, and it may consolidate within this range for some time. I expect a pullback to the robust...

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Gold (XAUUSD) is under pressure amid the strengthening U.S. dollar at the start of the week. After briefly testing last week's highs, the precious metal appears to be forming a false breakout. While the overall trend remains bullish, anticipation of significant news may lead to a brief moment of volatility and market anxiety. The rising yields on 10-year U.S....

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The U.S. Dollar Index (DXY) may establish a range-bound trading pattern, indicating a potential resurgence in USD strength. Thank you.

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EUR/USD Post-FOMC Price Outlook Following the recent FOMC meeting, the EUR/USD pair continues to struggle in its attempt to break above the critical 1.1200 resistance level. This area has once again demonstrated its strength, acting as a significant barrier to further upward movement. The price remains in close proximity to this resistance zone, suggesting that a...

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From a technical standpoint, things are straightforward: both the broader market and shorter timeframes reflect a bullish trend. This alone provides a foundation for crafting a solid strategy. Key approaches could involve either capitalizing on false breakouts or bounces from key support levels, or alternatively, riding the momentum when resistance gives way,...

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It seems we’ve completed a double correction, marking the end of wave A. At the point where we’ve placed the green arrow on the chart, it appears a bullish structure is taking shape. The pattern forming resembles a diametric, and we are currently within wave E of this structure. There’s potential for the price to be rejected downward from the red zone. If the...

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The coin is currently in a rally phase, but it's approaching key resistance zones that could slow down its momentum. The chart is starting to show signs of deceleration. Ahead are significant resistance levels that could potentially halt the rally. If the bears manage to keep the price below 0.00456, we might see a reversal and a downward move. However, if the...