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US Labor Market Shows A Mixed Bag with Hints of Slowdown

US Labor Market Shows A Mixed Bag with Hints of Slowdown

The US labor market presents a complex picture, marked by seemingly robust job numbers but underlying hints of a potential slowdown. As the Federal Reserve commences its two-day meeting, the state of the labor market is a key focus. The direction is particularly in light of President Trump’s calls for interest rate cuts. While market […]

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Arbitrum (ARBUSD) Weakens as Sellers Take Control

Arbitrum (ARBUSD) Weakens as Sellers Take Control

Arbitrum Price Analysis – May 5 Arbitrum continues to weaken as buyers struggle to counter the growing bearish pressure. The token’s price has been trending downward, with sellers successfully pushing below the $0.3090 key level. The bearish momentum remains dominant, with the potential for further declines as sellers intensify their push. Price Key Levels Support […]

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AUDJPY Pulls Back to Resistance Trendline 

AUDJPY Pulls Back to Resistance Trendline 

Market Analysis – May 6 AUDJPY broke out of a descending triangle on the daily charts. Price now retraces toward the broken descending triangle. The pullback tests the former descending trendline of the triangle as a potential resistance. AUDJPY Key Levels Demand Levels: 90.00, 87.40, 83.90 Supply Levels: 95.30, 98.30, 101.40 AUDJPY Long-Term Trend: Bearish […]

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Tamadoge (TAMA) Price Outlook for May 6: TAMA/USDT Recovers and Remains Strong

The Tamadoge market continues to recover from its previous downturn. The price has been rebounding from the strong support level at $0.0004000. Currently, the market has surpassed a key technical level and is positioned to advance further. Key TAMA Statistics: May 6, 2025 TAMA Price: $0.0004301 Market Capitalization: $643.21K Circulating Supply: 1B Total Supply: 1.41B […]

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GBPUSD Shows Strength as Buyers Eye Higher Levels Ahead

GBPUSD Shows Strength as Buyers Eye Higher Levels Ahead

Market Analysis – May 5 GBPUSD shows strength as buyers eye higher levels ahead. The 9-day Simple Moving Average (SMA) at $1.33200 is currently acting as dynamic resistance after previously serving as support, while the Relative Strength Index (RSI) at 57.79 remains above the neutral 50 line, signaling that bullish momentum persists. The RSI’s recent […]

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NZDUSD Shows Signs of Bullish Continuation

NZDUSD Shows Signs of Bullish Continuation

Market Analysis – May 6 The NZDUSD pair is showing encouraging signs of a bullish continuation, following a decisive recovery from its recent decline. After plunging to the key demand level at 0.5550, the pair staged a sharp bullish reversal, signalling a renewed buying interest in the market. Although momentum briefly waned after the initial […]

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