Hawthorne
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EUR/GBP: Key day reversal points towards short-term upside – Commerzbank
EUR/GBP remains bid after closing above 0.90 on Monday and Axel Rudolph, Senior FICC Technical Analyst at Commerzbank, expects the pair to extend the upside momentum in the near-term. Key quotes “Yesterday EUR/GBP formed a key day reversal by first falling below the late December low to its current
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AUD/USD bullish ZigZag aiming for higher levels
The AUD/USD is in uptrend and continuation is expected. We should see a bounce from the POC zone. The POC zone 0.7616-0.7630 is potentially very strong for the bounce. However, the price is still in a retracement and we should see a drop before the next move up. If the bullish trend continues we sho
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Time to ‘reset’ your investment portfolio in 2021?
If global elites have their way, 2021 will be the year of the “Great Reset.” They believe now, after the coronavirus and lockdown policies have inflicted a heavy toll on the public, is the perfect opportunity to implement their technocratic vision. Their longstanding plans to transform economies in
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China telco shares hit by NYSE delisting announcement
SHANGHAI (Reuters) -Shares in China’s three biggest telecoms companies fell as much as 5% in Hong Kong on Monday, the first trading session since the New York Stock Exchange (NYSE) said it would delist the firms in a move China branded unwise and oppressive. By the close of trade, the shares had mos
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SCAM ALERT - Forex Birds Broker
Photo: Forexbirds.com Forex Birds: www.forexbirds.com Reason to avoid: Offshore License Listed Date: Jul 27, 2020 Forex Birds claims to be a well-regulated, safe and Best Forex broker with optimal trading conditions. The broker offers multiple financial products. It also provides clients with the le
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Xapo to Discontinue Service to US Customers in March
Photo: Coindesk Xapo, one of the earliest bitcoin custodians, is ending its service to U.S. customers as of Mar 1, according to a customer email dated Dec 30 obtained by CoinDesk. “Due to a change in our global business strategy, Xapo, Inc. is leaving the U.S. market and will be closing all U.S. cus
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USD/JPY Technical Analysis: New Buying Levels
The USD/JPY is about to close 2020 trading on a sharp decline, stable below the psychological support level at 103.00. During yesterday's trading session, it retreated to the 102.96 support. The USD's weakness continued, with increasing investors' risk appetite coinciding with the announcement of th
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GBP/USD climbs further beyond mid-1.3600s, fresh 31-month tops
GBP/USD continued scaling higher for the third consecutive session on Thursday. The passage of Brexit deal into law extended some support to the British pound. The risk-on mood undermined the safe-haven USD and remained supportive. The buying interest around the British pound picked up pace during t
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U.S. Stocks Pull Back Off Best Levels But Close Modestly Higher
After an early move to the upside, stocks gave back some ground over the course of the trading session on Wednesday but managed to end the day modestly higher. With the uptick on the day, the Dow reached a new record closing high. The Dow rose by nearly 190 points in morning trading but ended the se
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US STOCKS-Wall St set to rise on hopes of vaccine-fueled recovery
(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.) * Oil, bank stocks rise on recovery hopes * U.S. vaccine developers rise after Astra approval * Futures up: Dow 0.17%, S&P 0.24%, Nasdaq 0.45% (Adds comment; updates share prices) Dec 30
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Switzerland Economic Activity Stabilizes In December
An indicator of future turning points in the Swiss economy improved in December, but continued to signal subdued activity into next year in the backdrop of the coronavirus pandemic, survey data from the KOF Swiss Economic Institute showed on Wednesday. The KOF Economic Barometer rose to 104.3 from 1
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USD/JPY Pair Broke The 103.50 Support Zone To Move Into A Bearish Zone
The US Dollar started a fresh decline from well above the 103.80 zone against the Japanese Yen. The USD/JPY pair broke the 103.50 support zone to move into a bearish zone. The pair even settled below the 103.40 level and the 50 hourly simple moving average. It traded as low as 103.28 and it is curre
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Gold rose, Dong wobbled when McConnell rejected the bigger aid
Tradehay.com: 30/12/2020 - 06:10 Gold climbed higher after US Senate Majority Leader Mitch McConnell blocked initial attempts toward a vote on increasing household relief payments to $ 2,000. Gold price received a lot of support from the weakening of the Green Silver McConnell has turned down two pr
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Pull-up Update
