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NZD/USD Resumes Uptrend, May Retest Level 0.7300

Key Resistance Levels: 0.7000, 0.7200, 0.7400Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BullishThe Kiwi is fluctuating between levels 0.7100 and 0.7300. The market is in consolidation within a confined range. The price is characterized by small body indecisive candlesticks. The Kiwi has been trading marginally as buyers and sellers are undecided about […]

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USDMXN BREAKS MASSIVE BULLISH STRUCTURE

The UM finished last week very bearish breaking with a mid term bullish structure after rejecting the top of a range that has capped the MXN going lower against the USD. We´re looking to short this pair at the break of Friday´s lows / Last week´s lows with a tight stop above today´s highs. Think […]

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Ethereum (ETH) Price Analysis: Ether Slumps, Faces Rejection at $1,760 High

Key HighlightsEthereum bears break price range of between $1,640 and $1.760 Ether plunges to $1,500 as bulls buy the dips Ethereum ETH) Current StatisticsThe current price: $1,590.09Market Capitalization: $181,549,767,904Trading Volume: $40,117,939,936Major supply zones: $1,500, $1,600, $1,700Major demand zones: $600, $500, $400 Ethereum (ETH) Price Analysis February 7, 2020 Ether has plunged to $1.486.80 as bulls […]

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FTSE 100 (UKX) Reaches Bearish Exhaustion, May Reverse at Level 6259.30

Resistance Level: 7500, 7600, 7700Support Level: 7300, 7200, 7100 FTSE 100 (UKX) Long-term Trend: BearishFTSE 100 has continued the downward move. On January 29 downtrend; a retraced candle body tested the 78.6% Fibonacci retracement level. The retracement level indicates that the share is likely to fall to level 1.272 Fibonacci extension and reverse. That is […]

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