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GBP/JPY Price Analysis: Falls below 191.00 toward ascending channel’s lower boundary
GBP/JPY tests the lower boundary of the descending channel at 190.80 level. The 14-day RSI declines toward the 30 level, reinforcing the persistent bearish bias. The nine-day EMA at 194.52 appears as the primary resistance. The GBP/JPY cross extends its losing streak for the fifth consecutive day, t
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S15 Trading Competition: Celebrating Our Champions Across Groups
Large Group In the high-stakes environment of the Large Group, these traders have proven their mettle, showcasing strategy, skill, and resilience: 1 Place:你永远胜别人 Prize: $16,000 USD Achievement: Dominating the Large Group, 你永远胜别人 has demonstrated why they are a champion. Their ability to manage
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Morning briefing: EUR/USD breakdown below 1.0300 opens door to 1.0200
The Dollar Index remains bullish towards 110-111 in the near term, while Euro on a confirmed break below 1.03 can drag the pair to 1.02 or even 1.00 in the medium term. EURINR and AUDUSD need to see a decisive break on either side of their respective ranges of 90-88 and 0.63-0.62 for further directi
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US President-elect Trump considering economic emergency declaration to allow for new tariff program – CNN
US President-elect Donald Trump is considering declaring a national economic emergency to allow for a new tariff program, CNN reported, citing four sources familiar with the matter on Wednesday. "The declaration would allow Trump to construct a new tariff program by using the International Economic
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XAU/USD Breakout Alert: Targeting Key Levels
#XAU/USD# Gold (XAU/USD) is showing bullish momentum as it breaks above key moving averages and the Bollinger Bands' upper range. With a potential upside target near $2,660, this setup offers an attractive risk-reward opportunity. Keep an eye on the 4-hour EMA alignment and price actio
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Gold stuck in a waiting game
Gold holds sideways trajectory in short-term picture. Technical signals cannot guarantee meaningful rally. Key resistance at 2,680, support at 2,600. Gold found itself trapped between its 20- and 50-day simple moving averages (SMAs) and within the 2,637-2,660 region after opening the new year with a
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Euro and British pound tumble against U.S. dollar as markets brace for Trump return
The euro and British pound tumbled to multi-month lows against the U.S. dollar on Thursday, as the fresh trading year kicked off and investors geared up for the return of Donald Trump to the White House this month. The euro was 0.33% lower against the greenback at $1.032 shortly before 1 p.m. in Lon
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