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Ethereum (ETH) Price Analysis: Faces More Downsides as Sellers Attempt to Break the Support at $310

Key HighlightsEthereum is in a downtrend, may revisit the low of $310The king coin may further decline if the $310 support cracks Ethereum (ETH) Current StatisticsThe current price: $340.77Market Capitalization: $38,409,814,313Trading Volume: $13,841,563,162Major supply zones: $280, $320, $360Major demand zones: $160, $140, $100 Ethereum (ETH) Price Analysis September 23, 2020Today, Ether is trading at $340 […]

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The Dollar Continues Upside Rally, Lockdown Warnings Weigh on Pound Sterling

The dollar was the strongest, appreciating against most major rivals. The shared currency was undermined by fears that the economic recovery could take longer than anticipated, as the second wave of coronavirus hits Australia. The overall markets are relatively steady today. The dollar attempted for a brief rally in the early European session. But it […]

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Bitcoin Strengthens Correlation With Stock Market

Over recent days, Bitcoin (BTC) has been forging a strong correlation to the equities market once again and it has been observed that this occurs usually when global uncertainty is rife. Currently, investors are wracked with fears over the dwindling prospects of second domestic stimulus measures in the US, coupled with the weaning possibility of […]

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NZD/USD Resumes Downtrend, May Terminate Selling Pressure at Level 0.6593

Key Resistance Levels: 0.6600, 0.6800, 0.7000Key Support Levels: 0.6200, 0.6000, 0.5800 NZD/USD Price Long-term Trend: BearishNZD/USD pair is in an uptrend but it is facing rejection at the recent high 0.6800. The market is currently falling but has reached bearish exhaustion. The selling pressure will terminate at level 0.6593. Daily Chart Indicators Reading:The Kiwi has […]

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USD/JPY continues selling pressure after a retest at level 104.80

Key Resistance Levels: 111.000, 112.000, 113.000Key Support Levels: 104.000, 103.000, 102.000 USD/JPY Price Long-term Trend: BearishThe USD/JPY pair is on a downward move. A green candle body tested a 50% Fibonacci retracement level. The Yen will fall and reach a low of 2.0 Fibonacci extension level. In other words, the downtrend will extend to the […]

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