image Buy Stop: 0.6433 | TP: 0.6527 | SL: 0.6278 image

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image On the daily chart, the fifth wave of the higher level (5) of 3 develops, within which the wave 3 of (5) formed. Now, a downward correction has developed as the fourth wave 4 of (5), within which the wave c of 4 has formed. If the assumption ...

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image On the daily chart, the upward wave C develops, within which the first wave 1 of (1) of C formed. Now, a downward correction is forming as the second wave 2 of (1) of C, within which the wave of the lower level a of 2 has formed, and the ...

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image The precious metal quotes are being corrected in a downtrend, being around 1814 dollars per ounce. The asset is declining amid fears for global demand due to the coronavirus outbreak in China, which led to serious restrictions. The negative ...

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image The New Zealand dollar shows active growth against the US dollar during the Asian session, quickly recovering from the decline the day before, which proceeded against the backdrop of a sharp strengthening of the US currency. The US dollar ...

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image Yesterday, Brent Crude Oil prices declined moderately, continuing the development of the corrective impulse formed on Tuesday, when the instrument was at its local highs since March 28 and near the psychological resistance of 114 dollars per ...

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image On the daily chart, the third wave of the higher level 3 forms, within which the wave (3) of 3 develops. Now, the third wave of the lower level iii of 3 of (3) is forming, within which the wave (iii) of iii has ended, and a local correction ...

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image The US dollar shows moderate growth against the Japanese yen in Asian trading, recovering from the active decline the day before, which led to the renewal of local lows from May 12. The instrument is testing 129 for a breakout, receiving ...

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image On the daily chart, the first wave of the higher level (1) of 5 forms, within which the wave 3 of (1) develops. Now, the third wave of the lower level iii of 3 is forming, within which the wave (i) of iii has formed, and a local correction is ...

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USDCHF, the asset is back below 1 During the Asian session, the USDCHF pair shows a slight corrective growth, testing the level of 0.9940 for a breakout. The instrument was actively declining yesterday, although the US macroeconomic background was ...

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NZDUSD, the pair may fall. On the daily chart, the upward wave of the higher level (А) of B formed, and a downward correction develops as the wave (B) of B, within which the wave C of (B) forms. Now, the third wave of the lower level iii of C has ...

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Crude Oil, growth is possible, but correction risks remain The quotes of WTI Crude Oil have formed a short-term upward channel and this week have reached its upper limit around 115.5. Currently, prices are supported by positive pandemic data from ...

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XAGUSD, silver prices are consolidating around 21.50 Silver prices show a slight decline during the Asian session, testing the level of 21.5 for a breakdown. The instrument managed to update the local highs of May 11 the day before; however, the ...

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GBPUSD, the pound is consolidating at local highs The British pound is trading with mixed dynamics against the US currency during the morning session, holding in the area of local highs from May 5 and resistance at around 1.2500. The pound was ...

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AUDUSD, the pair may fall. On the daily chart, the first wave of the higher level (1) of C develops, and a downward correction forms as the wave (2) of C, within which the wave C of (2) forms. Now, the wave of the lower level i of C has formed, and ...

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image The pair may continue to decline Against the backdrop of a depreciation of the American currency, the GBPUSD pair is correcting within the local trend around 1.2343. Today the pressure on the pound may be exerted by data on the labor market ...

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image The ETHUSD pair continues to decline within the framework of a long-term downtrend and last week fell to the lowest values since March last year around 1700. The decline affected the entire cryptocurrency sector and was a consequence of the ...

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image The European currency shows a mixed dynamics of trading against the US dollar during the Asian session, consolidating near 1.044 and expecting new drivers to appear on the market. The day before, the euro showed weak growth, continuing the ...

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image On the daily chart, the first wave of the higher level (1) develops, within which the third wave 3 of (1) formed. Now, a downward correction has started to develop as the fourth wave 4 of (1), within which the wave a of 4 is forming. If the ...

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image On the daily chart, the price is falling within a narrow downwards channel, gradually approaching the support line. The key support is the channel's lower line, which coincides with the initial 61.8% Fibonacci extension trend level at 41. On ...

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