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USOIL (WTI) Is in a Downtrend, Targets Level $55.52

Key Resistance Levels: $66.00, $70.00, $74.00Key Support Levels: $48.00,$44.00,$40.00 USOIL (WTI) Long-term Trend: BearishUSOIL is in a downward move after the rejection from $68 high. The price has fallen to the low of $58.25. The price has broken the 21-day SMA and it is approaching the 50-day SMA. The selling pressure will persist if price […]

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GBP/JPY Sustains Recent Rallies, Continues To Push on the Upside

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BullishThe GBP/JPY is in a smooth uptrend. The uptrend has been characterized by small body candlesticks. Yesterday, the price retraced to level 151.45 low as the market commenced the resumption of the uptrend. The pair is already in the overbought […]

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Polkadot (DOT) Is Range Bound Between $28 and $40, a Breakout or Breakdown Is Imminent

Polkadot (DOT) Is Range Bound Between $28 and $40, a Breakout or Breakdown Is Imminent

Key Resistance Levels: $40, $42, $44Key Support Levels: $30,$28,$26 Polkadot (DOT) Price Long-term Trend: RangingFor the past month, DOT has been in range-bound movement because of rejection at the recent high. The cryptocurrency is facing rejection at the $40 high. The crypto is fluctuating between $28 and $40. DOT will resume an uptrend if the […]

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TRON (TRX) Consolidates Between $0.045 and $0.055, Poises for More Upside Momentum

Key Resistance levels: $0.065, $0.070, $0.075Key Support Levels: $0.045, $0.040, $0.035 TRX/USD Long-term Trend: Ranging TRON price is correcting upward after the breakdown on February 23. The upward move is facing resistance at $0.055. If price breaks the current resistance, the altcoin will rise to retest the high of $0.065. On the other, if the […]

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AUD/USD Retraces To Level 0.7760, Resumes Upside Momentum

Key Resistance Levels: 0.8000, 0.8100, 0.8200Key Support Levels: 0.7700, 0.7600, 0.7500 AUD/USD Price Long-term Trend: BullishThe AUD/USD pair is in an uptrend. The uptrend is facing resistance at level 0.8000. On February 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. The retracement indicates that the price will rise to level 2.618 […]

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USD/JPY Faces Rejection at Level 109.50, May Resume an Uptrend

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BullishThe USD/JPY has continued its upward move. The pair is rising to retest or break level 109.00. The uptrend will resume if level 109.50 is breached. On March 9 uptrend; a retraced candle body tested the 78.6% Fibonacci retracement level. […]

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