Category: Uptrend
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Chart Art: EUR/JPY To Return To Its Long-term Uptrend?
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The EUR/JPY currency pair is showing a very interesting reversal candle on the daily time frame. Is the pair ready to return to its longer-term trend? We are looking at the daily chart of the EUR/JPY pair today! EUR/JPY Daily Currency Pair Chart by TradingView In case you missed it,…
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TA of the Day: Is GBP/USD’s Uptrend Taking a Temporary Pause?
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GBP/USD The price is wandering around the 1.2900 level, unable to make a decision. Sellers tried to take control, but they couldn’t quite get the job done, failing to close the day below the 1.2900 level. However, the bullish momentum seems a bit weak. Wall Street banks are betting that…
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MATIC Targets $0.5030 As Bearish Pressure Halts Recent Uptrend
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Recent trading activity has sent MATIC price lower, targeting the $0.5030 level, after a period of strong upward momentum that was disrupted by bearish pressures. This sudden drop, driven by growing bearish sentiment in the market, has sparked speculation among traders and investors about whether the $0.5030 support level will…
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XRP Price Faces a Dip, Yet Uptrend Support Holds Firm
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Ayush Jindal, one of the most prominent figures in the world of financial markets, has over 15 years of experience in Forex and cryptocurrency trading. Known for his unparalleled proficiency in providing technical analysis, Ayush is a trusted advisor and market expert to investors across the globe, guiding them through…
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Ethereum Price Heading For $3,360 – Can Key Support Levels Sustain The Uptrend?
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Ethereum (ETH) is currently facing a critical test as it approaches the key support level at $3,360. This price point has emerged as an important marker in recent trading sessions, with… Market participants We are watching closely to see if ETH is able to maintain its position or if further…
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Ethereum Price Heading For $3,360 – Can Key Support Levels Sustain The Uptrend?
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Ethereum (ETH) is currently facing a critical test as it approaches the key support level at $3,360. This price point has emerged as an important marker in recent trading sessions, with… Market participants We are watching closely to see if ETH is able to maintain its position or if further…
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Chart Art: How Low Can NZD/USD Go Before Extending Its Uptrend?
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NZD/USD has been rejected from the previous resistance area and looks set to test lower inflection points! How far can the NZD/USD pair go before it continues its weeks-long upward trend? Let’s check the 4-hour time frame: NZD/USD Forex 4 Hours Chart by TradingView The NZD/USD pair made its highest…
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Chart Art: GBP/AUD’s Pullback From an Uptrend
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The GBP/AUD pair is struggling to find direction after hitting technical resistance late last week. In case you missed it, the release of the US Non-Farm Payrolls report on Friday caused a spike in volatility among the major currencies of the US Dollar. Among volatile currencies, the British pound outperformed…
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Is Solana Becoming The Preferred Choice For Ethereum Developers? SOL’s Uptrend Suggests A Shift
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Since the collapse of trading companies like FTX in November 2022, the Solana blockchain has seen significant gains and regained investor confidence, with Ethereum developers increasingly migrating to it. According to a recent analysis by Jack Inabent, Senior Analyst at Bankless, with significant growth in key metrics and a year-to-date…
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Chart Art: AUD/USD to Extend Its Uptrend?
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AUD/USD finds support in a key area of interest! Will this extend the pair’s month-long uptrend? We take a closer look at the 4-hour time frame for clues! AUD/USD 4-hour Forex chart Chart by TradingView The second half of May has not been a good month for the AUD/USD pair…
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FX Watch: GBP/USD to Extend Its Uptrend After the U.K. CPI Release?
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In case you missed the latest weekly FX market summary, Uncle Sam’s slightly weaker economic data has traders holding off on a rate hike or even a rate cut from the Fed. Fortunately for USD bulls, Fed members also came out and hinted at a “higher for longer” interest rate…
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USDJPY Technical Analysis – The uptrend remains intact
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Basic overview Last week we saw the USD/JPY pair fall following the US CPI report as the market shrugged off interest rate hike fears and consolidated the Fed hike for longer. The next day, the Japanese Yen started to lose strength again, as not only does the interest rate differential…
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Breaking Down Its 2400% Uptrend And Market Outperformance
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Decentralized and open source computing platform Akash Network has captured significant attention in the cryptocurrency market as its native token, AKT, has outperformed the top 100 cryptocurrencies with a 2,400% year-to-date price increase. while Bitcoin (BTC) and other major cryptocurrencies are seeing price corrections, and Akash Network and its native…
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Arthur Hayes foresees market bottom, predicts gradual uptrend
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Bitcoin billionaire and former BitMEX CEO Arthur Hayes shared a mix of cautious optimism and strategic moves for Bitcoin following the weekly decline. Hayes’ insights are evident as weekly red candles appear on multiple cryptocurrency charts. These candles reflect the market decline earlier this week, which is thought to be…