image NZDUSD leans on the channel’s support The NZDUSD pair faced temporary negative pressure to test the bullish channel’s support line, starting to rise now, to keep the main bullish trend valid, waiting to test 0.6467 as a first station, noting ...

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GBPUSD - Growth is possible. On the daily chart, the downward fifth wave of the higher level 5 of (V) ended, within which the wave (5) of 5 formed, and the development of the upward first wave (1) started. Now, the third wave of the lower level 3 of ...

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EURUSD - Growth is possible. On the daily chart, the downward wave of the higher level А ended, within which the fifth wave (5) of А formed, and the development of the upward wave B started. Now, the first entry wave 1 of (А) of B is forming, within ...

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image GBPUSD needs positive momentum The GBPUSD pair shows some slight bearish bias now to move around 1.2200 level, affected by stochastic negativity, while the EMA50 continues to support the price from below, to keep the chances valid to continue ...

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image EURUSD - The EU economy shows slight growth Thus, according to November data, the growth of Q3 gross domestic product (GDP) amounted to 0.3%, which exceeded analysts' expectations of 0.2%, and the annual rate slowed to 2.3% from 4.2% earlier, ...

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image NZDUSD - Growth is possible. On the daily chart, the upward wave of the higher level (А) formed, a downward correction ended as the wave (B), and the wave (C) develops. Now, the first entry wave of the lower level i of 1 of (C) is forming, ...

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image AUDUSD - Growth is possible. On the daily chart, the first wave of the higher level (1) formed, a downward correction ended as the second wave (2), and the third wave (3) develops, within which the first entry wave of the lower level i of 1 ...

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image XRPUSD - A decline in token quotes – in the future Last week, the XRPUSD pair attempted to grow, rising to the upper limit of the long-term ascending channel 0.4974, but then began to decline within the framework of the general market trend. ...

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image Crude Oil - The downtrend in the oil market continues All the factors operating on the oil market since the beginning of autumn have been preserved. First of all, this concerns the recent decision of OPEC+ to leave the current parameters for ...

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image Chart of the Day - CHNComp The Chinese National Health Commission announced a major easing of Covid curbs in the country today, including some restrictions that were in place for a long time. Asymptomatic patients as well as those with mild ...

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image USDJPY - Trading in a local downtrend Thus, the average salary compared to 2021 added only 1.8%, while last month, it increased by 2.1%, and analysts predicted a continuation of the positive trend to 2.0%. The Household Expenditure Index ...

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image EURUSD crawls downwards The EURUSD pair trades with calm negativity to move away from 1.0515 level, to hint continuing the decline on the intraday basis, targeting visiting 1.0425 followed by 1.0285 after breaking the previous level. ...

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image USDCHF - The price is in a correction and may grow. On the daily chart, the upward first wave of the higher level (1) of 3 ended, and a downward correction ends as the second wave (2) of 3. Now, the formation of the wave C of (2) is ending. ...

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image USDCAD - Growth is possible. On the daily chart, the upward fifth wave of the higher level 5 and the wave (3) of 5 develop. Now, the third wave of the lower level 3 of (3) has formed, a local correction has ended as the fourth wave 4 of (3), ...

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image ETHUSD - Murrey analysis The key "bearish" range is the support zone of 1250 – 1210 (Murrey [2/8], the middle line of Bollinger bands), the breakdown of which will give the prospect of a decline to 1125 (Murrey [1/8]) and 1000 (Murrey ...

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image Nasdaq 100 - correction before the meeting of the US Fed US stock indicators are turning to the downside, and the trend of recent days signals a significant increase in market uncertainty. Next week, on December 14, the last meeting of the ...

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image XAGUSD - Silver Institute predicts metal supply shortage The increasing gap between supply and demand in the market can also support the position of the asset: back in early October, the Silver Institute predicted that in 2022 the demand for ...

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NZDUSD - the American currency received a growth impetus Thus, the report of Statistics New Zealand (Stats.nz) recorded a smooth recovery of the national real estate market: Q3 construction activity in the residential sector increased by 3.1%, and ...

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USDCAD Achieves Strong Gains USDCAD pair traded with strong positivity yesterday to breach 1.3500 and settles near 1.3600 barrier, to head towards achieving more expected gains in the upcoming sessions, on its ways to visit 1.3680 as a next main ...

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GBPUSD - Growth is possible. On the daily chart, the downward fifth wave of the higher level 5 of (V) ended, within which the wave (5) of 5 formed, and the development of the upward first wave (1) started. Now, the third wave of the lower level 3 of ...

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