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The leading cryptocurrency pair is trading with a bearish bias at 10,068 level, having an immediate support at 9,930 level that’s extended by triple bottom support. On the lower side, the Bitcoin price may drop until 9,346 level as the violation of the descending triangle may drive sharp selling—checkout the Bitcoin price forecast to learn more about the trade setup.
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Dollar Slides as Traders Cut Exposure Ahead of Jobs Data Key Moments
The US dollar came under broad selling pressure at the start of the week following several weaker-than-expected labor indicators.
Speculative net short positioning in the dollar more than doubled to $16.82 billion […]
Forex Market: EUR/USD mostly steady ahead of US CPI report, FOMC and ECB policy decisions EUR/USD held mostly steady on Tuesday ahead of the release of US CPI inflation data, due out at 13:30 GMT, as well as the final Federal Reserve policy decision for the year.Annual core CPI inflation is expected to decelerate to 6.1% in […]
NanoVibronix announces tie-up with Veranex NanoVibronix Inc (NASDAQ: NAOV), a medical device company, said this week it had entered into an agreement with Veranex Inc, under which the latter will provide certain research and development services related to NanoVibronix’s next […]
Forex Market: EUR/GBP daily trading forecast Friday’s trade saw EUR/GBP within the range of 0.7428-0.7583. The daily low has also been the lowest level since February 2008. The pair closed at 0.7475, losing 1.15% on a daily basis.“We’ve broken through some pretty important resistance […]
Spot Silver holds near record amid supply tightness Silver maintained ground near an all-time high of $53.60/oz. amid tightness in the spot market and being supported by expectations of more Federal Reserve interest rate cuts, the US government shutdown and reignited US-China trade […]
Forex Market: EUR/USD daily trading forecast Friday’s trade saw EUR/USD within the range of 1.1155-1.1309. The pair closed at 1.1179, falling 0.59% on a daily basis and marking the fourth consecutive trading day of losses. The daily low has been the lowest level since August 20th, when […]