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USDCHF H4 | Potential bullish reversal
TitleUSDCHF H4 | Potential bullish reversalTypeBullish BouncePreference:Price has bounced off our pivot at 0.91344, which is an overlap support level along with a 76.8% Fibonacci ...
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EURUSD H4 | Potential reversal from 78.6%
TitleEURUSD H4 | Potential reversal from 78.6%TypeBearish ReversalPreference:The price is currently at our pivot point at 1.09254, along with a 78.6% Fibonacci retracement, which ...
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Fed Hikes Interest Rates but Maintains a Soft Tone with Banking Shock Seen as Positive for Inflation
The Fed hiked interest rate by a quarter point at yesterday’s meeting but hinted also that they keep their options open for more hikes because inflation remains significantly ...
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GBPUSD H4 | Potential bearish reversal
TitleGBPUSD H4 | Potential bearish reversalTypeBearish BreakoutPreference:Price is testing our pivot at 1.2319 which is an overlap support along with a 78.6% Fibo retracement. if ...
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Orbex Introduces Double Profits for New Traders
At Orbex, we are thrilled to announce the launch of our Double Profit Limited Time Offer for all new clients registered under our FSC-regulated entity – Orbex Global Limited. ...
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Global March Flash PMIs and Potential for Banking Contagion
Traders are likely to be very interested in the upcoming flash PMIs from around the world because it’s the first data since the outbreak of the banking chaos. A lot has been ...
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EUR/USD Approaches Critical Resistance: What’s Next?
The currency pair EUR/USD is heading up. The asset is gradually approaching critical resistance at the psychological level of 1.1000. The asset’s price is likely to pull from this ...
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Daily Market Outlook, March 23, 2023
Daily Market Outlook, March 23, 2023Powell Giveth, Yellen Taketh… Bailey Up NextAsian equities took their lead from Wall Street's souring in risk sentiment, as all US benchmarks ...
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AMZN Minute Impulse Drops Stock Lower
On the 1H timeframe for AMZN shares, we can notice the formation of a bearish correction b. This takes the form of a zigzag of the primary degree Ⓐ-Ⓑ-Ⓒ. The depreciation of ...
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Intraday Analysis – XAU remains high
EURGBP breaks resistance The pound struggles as a jump in February’s CPI may force the BoE to press for more rate hikes. The euro has bounced off this year’s low of 0.8730 and a ...
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