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USDCAD maintains Bullish Structure (Dip Buys In Play)

Key Support: 1.2570 Key Resistance: 1.2780 The USDCAD has been in a very aggressive bullish move since it bottomed around 1.20 at the end of May. It moved almost +8% from low to high in just 80 days. After topping at the 1.2950 last month we saw a very parabolic move towards those highs just […]

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Russia Turns to Crypto for Oil Trade with China and India

Many Russian Investors Believe Cryptocurrency Could Replace Fiat Investments: AFD Poll

According to a recent poll by the Association of Forex Dealers (AFD), a significant percentage of Russian investors have lost interest in national currencies as interest in digital assets surge. The AFD reported that only about 14% of participants in the survey opted for fiat Investment, while a whopping 76.9% of investors opted for cryptocurrencies […]

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USDCAD keeps

USDCAD Keeps Accumulating at Key Level as Price Keeps Ascending

USDCAD Price Analysis – September 1 USDCAD keeps accumulating price continuously at the 1.25790 key level. Following a reversal at the significant resistance level of 1.27420 in July, the price broke and accumulated around 1.25790 before moving on to the next significant zone. Following that, USDCAD reversed around 1.24340, starting an ascending trend pattern. Price, […]

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Ethereum (ETH) Price Analysis: Ether Reaches an Overbought Region at Level $3,740 as Sellers Emerge

Key HighlightsEthereum rallies to an overbought region at $3,740.29Ether is likely to resume downward Ethereum ETH) Current StatisticsThe current price: $3,691.64Market Capitalization: $433,201,891,415Trading Volume: $30,084,700,613Major supply zones: $3,000, $3,500, $4,000Major demand zones: $2,500, $2,000, $1,500 Ethereum (ETH) Price Analysis September 1, 2021 Ethereum (ETH) is in an upward move. The bulls have broken above the […]

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Schiff Urges China to Crash Dollar and Back Yuan with Gold

China Increases Use Case for Digital Yuan into Investment and Insurance

Two top state-run Chinese banks, namely China Construction Bank (CCB) and Bank of Communications (Bocom), have ramped up editors to develop new use cases for the PBoC-issued CBDC (central bank digital currency). The behemoth financial institutions now collaborate with investment fund managers and insurance companies in line with their digital yuan (e-CNY) pilot projects. According […]

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