Dobbin
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EUR/USD: Price Increase Outlook in the Upcoming Period
#EUR/USD# EUR/USD responded to new demand and rose to 1.0750 in the European trading session on Thursday. From a technical perspective, a positive signal is emerging as EUR/USD may be forming aa cup and handle. In this scenario, the expectation is for the price to continue rising to th
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EUR/USD Price Analysis: Moves above 1.0700, next barrier at 21-day EMA
EUR/USD could approach the 21-day EMA at 1.0727. A break below 1.0700 could lead the pair toward the major support of 1.0650 and April’s low at 1.0601. A breach above the major level of 1.0695 suggests a weakening of bearish sentiment. EUR/USD recovers its recent losses registered in the previous se
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Platinum (PL) Turning Higher
Platinum (PL) looks to have formed a bottom and the metal has started to rally higher in the next bullish cycle. The metal still needs to break above 1348.2 to confirm that the next leg higher has started. Below we updated the Monthly and Daily Elliott Wave chart for the metal. Platinum (PL) Monthly
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US versus the Eurozone: Inflation divergence causes monetary desynchronization
Historically there is a very close correlation between changes in US Treasury yields and German Bund yields. This is relevant at the current juncture, considering that the recent hawkish twist in the tone of the Federal Reserve might continue to push US long-term interest rates higher and put upward
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Tech stocks plunge, geo-political risks escalate, and investors brace for earnings deluge
Tech stocks in retreat – S&P and Nasdaq now down 5% & 7% respectively. Geo-political risks remain front and center. Earnings and Eco data also remain front and center. Bond Markets prepare for an onslaught of supply. Oil and Gold remain erratic. Try the Mezza Rigatoni. So, I go away for a co
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Chaitra Navratri 2024: Aesthetic Decors To Beautify Your Homes | Saraf Furniture Reviews
When you decorate your home during Navratri, why not infuse it with a touch of nature and give your place a positive vibe. Read this article for some decor tips this festive season. This Navratri, you can also adorn your home with furniture decor, rugs, lamps, and mirrors, adding a personal touch to
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GBP/JPY Price Analysis: Stalls within a tight range around 192.00
GBP/JPY remains confined between 191.60 and 192.80, unable to break through key resistance at 193.00. Technical analysis highlights potential decline towards strong support at 190.00, with key indicators aligning. Immediate technical supports to watch include the Tenkan-Sen at 191.46 and the Kijun-S
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EUR/USD Price Analysis: The key contention level is seen at the 1.0600–1.0605 region
EUR/USD rebounds to 1.0625 in Wednesday’s early European session. The pair keeps the negative outlook unchanged below the key EMA; RSI indicator holds in bearish territory. The initial support level is seen at the 1.0600–1.0605 zone; the immediate resistance level will emerge at 1.0710. The EUR/USD
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USD/JPY trades with mild losses below 155.00 on risk-aversion
USD/JPY snaps the two-day winning streak around 154.65 in Wednesday’s early Asian session. Fed’s Powell emphasized that the current level of policy will likely stay in place until inflation gets closer to target. BoJ is shifting to a more discretionary policy-setting approach, with less focus on inf
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