GBP/USD Analysis: Price Approaches Important Support image In November, the 1.25 level acted as resistance, but after a bullish breakout, it began to provide support (as shown by the black arrows). However, recent events are increasing bearish ...

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Market Analysis: GBP/USD Dips While USD/CAD Could Extend Gains image GBP/USD is moving lower from the 1.2650 resistance. USD/CAD is rising and might aim for more gains above the 1.3620 resistance. Important Takeaways for GBP/USD and USD/CAD ...

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EUR/USD, GBP/USD, and USD/JPY Analysis: Dollar on the Rise amid Good US Employment Data image The US Federal Reserve will publish its interest rate decision on Wednesday, December 13th. The American regulator is not expected to take steps towards ...

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Crude Oil Ends Freefall, but Is It Back in the Black? image In the early stretch of December, the WTI Crude Oil market experienced a sudden and substantial downturn, sending shockwaves through the financial landscape. From a robust $77.71 per ...

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Sharp Change in BTC/USD Price: Causes and Consequences image On Monday morning, the price of bitcoin fell sharply. As the chart shows, the BTC/USD rate fell below 42,000 on Monday during the Asian session. According to Coinglass, the decline ...

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Watch FXOpen's 4 - 8 December Weekly Market Wrap Video image Weekly Market Wrap With Gary Thomson: AUD/JPY, RATE HIKES, S&P 500, WTI Oil Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO ...

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NIKKEI Analysis: Japanese Stock Market Outlook image In the first half of 2023, the Japanese stock market was dominated by bullish sentiment due to (still) negative interest rates — while the rest of the G7 countries raised their rates to combat ...

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AUD/JPY Analysis: Rate Falls to Important Support image This morning, the AUD/JPY rate dropped below 95.2 yen per Australian dollar for the first time since late October. The weakening of the AUD was contributed by: → negative news regarding the ...

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S&P 500 Analysis: Why Santa May Have Problems Rallying image It is traditionally believed that the Santa Rally occurs at the end of December and the first days of January, but according to many opinions it is acceptable to think that it begins ...

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EUR/USD, GBP/USD, USD/JPY Analysis: Dollar Stable Despite Weak Employment Data image Yesterday, statistics from the United States on the dynamics of open vacancies from JOLTS were published. In October, their number decreased by 617.0k to 8.733 ...

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Will rate hikes end when 2023 ends? image Finally, after a seemingly endless period of interest rate increases by the US Federal Reserve over the past few years, there is some degree of inkling that the rate rises may come to an end at the end of ...

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WTI Oil Price Drops to Lowest Level Since July image As the chart shows, the price of a barrel of US crude oil dropped below 72.10 per barrel yesterday for the first time since July 2023. Fundamentally, this happened against the backdrop of: → ...

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Gold Price Retreats From Highs and Crude Oil Price Dives image Gold price is correcting gains below the $2,050 support. Crude oil prices declined steadily below the $75.90 support and moved into a bearish zone. Important Takeaways for Gold and Oil ...

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USD/JPY, USD/CAD, and EUR/USD Analysis: The US Dollar Corrected in Anticipation of PMI Data Release image In the first trading hours of the current five-day period, the American currency made a number of attempts to regain the positions lost last ...

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S&P500: The end of a significant rally? image Opinions vary across the financial markets this morning as the S&P 500 index, a prestigious benchmark tracking the performance of 500 major US companies, takes centre stage in recent market ...

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Market Analysis: Gold Falls from Record High by $100 in 1 Day image The record high of about USD 2,130 an ounce was set just after the weekend in low-liquid Asian markets. By the nature of the movement, it looked more like a cascading triggering ...

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5 Stocks To Consider in December 2023 image As we approach the curtain call for 2023, it's time to reflect on a year filled with market-shaping events. From the resurrection of tech stocks to the fall of financial institutions, the capital markets ...

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Market Analysis: Bitcoin Surpasses $40,000 Per Coin image December begins extremely optimistically for the cryptocurrency market, resembling: → December 2020, when bitcoin grew by 46.9%; → December 2017, when bitcoin grew by 38.9%; → December ...

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EUR/USD, GBP/USD, USD/JPY Analysis: US Dollar Weakens after Fed Chairman's Comments image Today, investors are assessing the speech of US Federal Reserve Chairman Jerome Powell, who indicated that the interest rate is currently at a restrictive ...

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FXOpen Expands Tradable Markets with 19 New ETF CFDs image FXOpen is pleased to announce a significant enhancement to our tradable markets by incorporating 19 new Exchange-Traded Funds (ETFs) as Contracts for Difference (CFDs) onto our TickTrader ...

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