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The price of XAU/USD has experienced a significant upward rally from $2,605 on October 10, 2024, to $2,741 as of October 21, 2024. This impressive bull run has been largely driven by market euphoria surrounding expectations of interest rate cuts. Investors have flocked to safe-haven assets like gold in anticipation of a looser monetary policy, boosting its appeal...

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Solana (SOL) has emerged as a formidable player in the cryptocurrency space, boasting superior transaction speed, low fees, and remarkable scalability. These attributes position Solana as a leading candidate for substantial growth, setting it apart from other similar coins. Technical Analysis: The daily chart of Solana reveals a significant bullish development....

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The EURJPY pair has shown promising strength after a corrective phase from its peak on March 21, 2024. Today, it successfully breached a significant resistance level at 163.322, providing a stronger confirmation of the existing bullish momentum. With this noteworthy breakout, the allure of a Long position becomes increasingly compelling. Technical Analysis: On...

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Bitcoin (BTC) has experienced a remarkable surge since the speculation surrounding a potential Federal Reserve interest rate cut emerged. Recently, BTC hit an all-time high, reflecting the fervor in the market. However, it's essential to note that assets witnessing substantial increases often require a pullback or correction. Analyzing the daily timeframe from...

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EUR/CHF has shown a notable development on both the H1 and M30 timeframes, forming a classic rising wedge pattern. Currently, the pair resides near a significant level, marking a three-month high around 0.95451. Adding weight to the analysis, the MACD indicator has exhibited a swing low, indicating a potential weakening of bullish momentum. This convergence of...

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AUDJPY has shown strong performance since early February 2024, experiencing a significant rally from the level of 95.640 to reaching today's high at 99.024. However, this movement has brought the currency pair into the territory of the highest supply level. With this condition, there is potential for AUDJPY to undergo a temporary correction. Technical Analysis:...

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The GBP/USD currency pair is currently situated within an order block, signaling a potential inclination towards a downward trend. The pair has exhibited weakening tendencies, particularly with the market adopting a cautious "wait and see" approach ahead of monetary decisions expected in late January and early February 2024. This apprehensive sentiment has...

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The Federal Reserve's unwavering commitment to a restrictive monetary policy aimed at restoring economic balance and curbing inflation, recent market sentiment strongly favors the US dollar. Against this backdrop, the GBPUSD pair finds itself in a precarious position, hovering around the pivotal point of 1.27815. The heightened expectations of the Fed continuing...

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The foreign exchange market, influenced by economic policies and global events, is undergoing a significant transformation in the AUDUSD currency pair. This analysis delves into the repercussions of the Federal Reserve's (The Fed) dovish policy decisions on the USD and explores how this has contributed to the strengthening of the Australian Dollar. Federal...

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In the intricate realm of global finance, the decisions and policies of major central banks wield considerable influence over currency markets. One such pivotal institution is the Federal Reserve, the central bank of the United States, whose recent policy trajectory has had a discernible impact on the GBPUSD currency pair. This essay delves into the nuanced...

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In the ever-evolving realm of cryptocurrencies, the decisions of regulatory bodies, such as the U.S. Securities and Exchange Commission (SEC), wield substantial influence over the digital asset market. One particular asset that has garnered considerable attention from traders is SolusDT (SOLUSDT), showcasing commendable performance since the commencement of...

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GBP/USD is currently riding high on the 4-hour candlestick chart, showcasing a consistent uptrend that commenced in early November. The pair reached its pinnacle on November 29th at 1.27330 and then underwent a correction, finding support at the level of 1.25021. Currently situated within the support region of its ascending channel, GBP/USD has recently broken out...

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Artificial Intelligence (AI) is no longer just a futuristic concept or a element of science fiction. A revolutionary transformation in technology has propelled AI into a leading force across various sectors of human life. In this context, looking ahead is not just a trend but a necessity. From healthcare to industrial automation, AI is becoming a key element in...

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On November 29 and 30, AUD/USD touched a crucial pivot point at the price of 0.66411, indicating a potential change in direction, especially as it aligns with a level of miring Support and Resistance, suggesting a Major downtrend. The bearish reversal signal on the daily candle following the pivot point touch adds confidence to the potential downturn. The recent...

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EURJPY underwent a correction at the onset of the Tokyo trading session following the release of Japan's National Core CPI data on November 24, 2023. Despite the data indicating a slight increase from the projected 2.8% to 2.9%, it's crucial to note that this led to only a minor correction in this currency pair. This correction aligns with market movements...

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Microsoft's trajectory into the future takes a compelling turn with the addition of Sam Altman, an AI luminary, to its internal team. This analysis explores the fusion of technology and finance, specifically delving into Altman's impact on AI development within Microsoft. We examine the integration of advanced AI features into Microsoft 365 and assess Microsoft's...

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The foreign exchange market, a dynamic arena where currencies engage in a perpetual dance, is currently witnessing notable shifts in the EUR/USD pair. This analysis delves into the intricate interplay of both fundamental and technical factors influencing the Euro against the US Dollar. Against the backdrop of the Federal Reserve's cautious approach to monetary...

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Currently, Apple Inc. (AAPL) shares are presenting intriguing signals for discerning investors. Two key technical indicators, Stochastic RSI and MACD, provide indications that AAPL may have reached a point of overbought conditions. Stochastic RSI, serving as a measure of market saturation, highlights AAPL's overbought condition, suggesting that the price has...