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AUDUSD Stable Past 0.7500, With the Absence of Momentum

AUDUSD Price Analysis – July 7 Despite a lack of strong follow-through, the AUDUSD pair maintained its bid tone and held solidly above the 0.7500 psychological thresholds during the first half of the European session. Indications that the Fed may maintain its ultra-loose monetary stance for a prolonged period continued to operate as a barrier […]

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GBP/USD Faces Rejection at Level 1.3900, Resumes Selling Pressure

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BearishGBP/USD pair has fallen to level 1.3740 and pulled back. The selling pressure resumes has resumed after the Pound was repelled at 1.3900. Meanwhile, on June 21 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement […]

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Litecoin (LTC) Declines on the Downside, May Revisit Previous Low at $119

Key HighlightsLitecoin battles the resistance at level $150The selling pressure is likely to increase if the price breaks below the previous low at $118 Litcoin ( LTC) Current StatisticsThe current price: $137.67Market Capitalization: $11,542,499,224Trading Volume: $1,412,570,156Major supply zones: $400, $420, $440Major demand zones: $200, $180, $160 Litecoin (LTC) Price Analysis July 6, 2021After June 22, […]

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AUD/JPY Pushes on the Upside, Targets Level 85.00 High

Key Resistance Levels: 78.00, 80.00, 82.00Key Support Levels: 58.00, 60.00, 62.00 AUD/JPY Price Long-term Trend: BearishAUD/JPY currency pair fell to level 82.40 after rejection from the level 85.00 overhead resistance. The market is resuming upward to retest the overhead resistance. Meanwhile, on June 25 uptrend; a retraced candle body tested the 38.2% Fibonacci retracement level. […]

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