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In a strategic move that has caught the attention of crypto enthusiasts, Robinhood, the renowned online trading platform, has officially ventured into the European Union (EU) market, offering a commission-free crypto trading service. This announcement comes as the EU solidifies its position as an attractive hub for crypto enterprises, having recently unveiled groundbreaking regulations aimed […]
In a surprising turn of events, the Japanese yen has experienced a remarkable surge, hitting its highest level against the US dollar in months. The Bank of Japan (BOJ) has hinted at a potential shift away from its long-standing negative interest rate policy, triggering a wave of investor interest in the yen. On Thursday, the […]
Market Analysis – December 7 Gold (XAUUSD) faces potential sell pressure as buyers struggle to push beyond the significant level of 2052.690. In the past few weeks, buyers have been making efforts to gain control of market liquidity. The bullish momentum gained traction from the significant level of 1811.630, with the yellow metal responding positively […]
SPONGEUSDT market is once again seeing bulls’ move SPONGEUSDT Price Analysis – 07 December SPONGEUSDT might be able to breach the $0.000262 level and go on the assault toward the $0.000330 and $0.000402 levels if the Bulls keep up their momentum. Key Levels: Resistance levels: $0.000262, $0.000330, $0.000402 Support levels: $0.000196, $0.000169, $0.000136 SPONGEUSDT Medium-term […]
USDJPY Analysis – December 7 USDJPY crashes lower as the price heads into the discount zone. The current state of the market indicates a corrective stage, descending as it nullifies feeble troughs. In accordance with the MA Cross, the bears have effectively seized control over the market. Nevertheless, given the persistently positive overall order flow, […]
EURCHF Analysis – December 7 EURCHF sets for a bullish retracement as the market becomes oversold. The market’s order flow exhibited a bearish sentiment well in advance of the recent rebound from the descending trendline. The substantial drop from the bearish order block within the supply zone at 0.96900 indicates a prolonged dominance of bearish […]
AUDJPY Analysis – December 7 AUDJPY faces downward as the price hits the upper boundary of the Bollinger Bands in the supply zone. The breakout from the consolidation between 95.000 and 94.000 set the price to the upside along a diagonal support. The recent breakout of the diagonal support is likely to enhance a rapid […]
Market Analysis – December 6th FTSE100 buyers await breakthroughs. In the current market episode, the buyers are yet to open the floor for another bullish expedition. The buying sentiment has been overshadowed at the moment. Right now, the bulls need to reassert their strength for a serious breakthrough. FTSE100 Key Levels Resistance Levels: 7935.300, 7742.700Support […]
Since price activities in the Tamadoge market escaped the gravitational pull under the $0.008200 mark, price action has been progressing steadily upwards. This has seen the token gain more elevated support levels, giving it a bullish outlook and suggesting that more price increases may be witnessed in subsequent sessions. Key Tamadoge Statistics on December 7, […]
