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GBP/USD Retraces After Rejection From Level 1.4000

Key Resistance Levels: 1.4200, 1.4400, 1.4600Key Support Levels: 1.3400, 1.3200, 1.3000 GBP/USD Price Long-term Trend: BullishGBP/USD had been in an uptrend. The pair has been facing rejection at level 1.4200. On February 24 uptrend, a retraced candle body tested the 38.2% Fibonacci retracement level. This retracement indicates that the Pound will rise to level 2.618 […]

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Buy Trip.com stock for China recovery play returns

Trip.com, China’s largest online travel agency, produced results roughly in line with analyst estimates at the beginning of March, but investors should look past the predictable 2020 losses to the solid growth prospects for this recovery stock. The Covid pandemic has of course been intensely damaging to the businesses of travel companies, so the EPS […]

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Bitcoin Cash (BCH) Price Analysis: BCH Struggles Above $560 Support, May Resume Upward Move

Key Highlights ``Bitcoin Cash breaks above the $560 resistance levelSellers push price back to the range-bound zone Bitcoin Cash (BCH) Current StatisticsThe current price: $556.26Market Capitalization: $11,633,931,670Trading Volume: $3,661,006,972Major supply zones: $700, $720, $740 Major demand zones: $250, $230, $210 Bitcoin Cash (BCH) Price Analysis March 15, 2021 On March 13, BCH rebounded above the […]

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Technical Analysis: ZAP Surges to $0.3098, Chainlink Uninspired to $32 Amid Ethereum’s Lack of Momentum to $2,000

ZAPUSD Price AnalysisZAP price stole the crypto spotlight after rising to a new all-time high of $0.3853 suggesting that it is enjoying stability in the market. Meanwhile, price action has not been progressive above $0.30, which continues to delay the uptrend to new all-time highs above $0.35. However, ZAP seems to have stalled roughly above […]

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US Dollar Regains Bullish Momentum, as Market Risk Mood Slumps

The recent market risk sentiment boost that spurred the S&P 500 to new record highs, caused the US to raise $120 billion in coupon sales and prompted the European Central Bank (ECB) to promise to “significantly” boost bond purchasing programs, appears to have fizzled out ahead of the weekend. Meanwhile, the US dollar index (DXY) […]

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